1294.9000 3.90 (0.30%)
NSE Oct 10, 2025 15:31 PM
Volume: 164.5K
 

logo
Mahanagar Gas Ltd.
02 Aug 2018
1294.90
0.30%
BOB Capital Markets Ltd.
Mahanagar Gas's (MAHGL) Q1FY19 earnings beat estimates at Rs 1.3bn (+3.2% YoY, +22.5% QoQ), driven by (a) above-expected volumes of 261mmscm and (b) stronger adj. EBITDA margins of Rs 8.6/scm. CNG volume growth (+12.6% YoY) looks unsustainable as management maintained its 6-7% annual growth guidance. Though we raise FY19-FY21E earnings by 7-9% on higher margins and hence increase our DCF-based fair value to...
Number of FII/FPI investors increased from 320 to 366 in Jun 2025 qtr.
More from Mahanagar Gas Ltd.
Recommended