1338.4000 -6.30 (-0.47%)
NSE Sep 22, 2025 10:10 AM
Volume: 28,641
 

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Mahanagar Gas Ltd.
10 May 2019
1338.40
-0.47%
ICICI Securities Limited
The quarter reported healthy volume growth rate of 7.4%, higher than MGL's average growth rate of 6-6.5% witnessed over last few years. The higher growth was on account of high CNG volumes at 2.2 mmscmd (increase 6.9% YoY) due to higher usage of public transportation and higher fuel consumption per vehicle. Also, on the PNG front, volumes continued their growth momentum of 9% YoY to 0.8 mmscmd. MGL plans to aggressively set up CNG stations (current: 236 stations) with 20-25 additions per annum. On PNG front too, MGL has plans run rate of more than 1 lakh PNG...
Mahanagar Gas Ltd. has lost -29.73% in the last 1 Year
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