1301.0000 -12.60 (-0.96%)
NSE Jun 04, 2025 15:31 PM
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Mahanagar Gas Ltd.
06 Jun 2017
1301.00
-0.96%
Karvy
Expect Steady Performance Ahead: The average daily volumes during the quarter grew by 2.4% on QoQ basis. CNG and PNG grew by 2.4% and 2.6% respectively. The sales during the quarter increased by 2.7% YoY and 4.0% QoQ to Rs. 5764 mn. The company reported EBITDA growth of 21.1% YoY; led by lower cost of natural gas. However, on QoQbasis, it was down by 2.4% mainly due to higher R-LNG cost during the month of Jan and Feb of 2017.
Mahanagar Gas Ltd. is trading below all available SMAs
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