1308.4000 13.80 (1.07%)
NSE Oct 14, 2025 15:31 PM
Volume: 435.7K
 

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Mahanagar Gas Ltd.
27 Feb 2020
1308.40
1.07%
Geojit BNP Paribas
During the quarter, revenue was down 0.6% YoY to Rs. 819cr (-4.9% QoQ). Amongst the segments, PNG was worst performer with sales falling 10.8% YoY to Rs. 216cr (5.6% QoQ), followed by declines in CNG of 3.7% YoY to Rs. 523cr (-4.6% QoQ). In terms of volumes, CNG stood at 204.6 Standard Cubic Meter (SCM) (+2.4% YoY; +1.0% QoQ) followed by PNG at 76.1 SCM (+4.8% YoY; +3.6% QoQ). While the domestic market APM of LNG was set at US$3.23/mmbtu from Oct 2019-March 2020 versus US$3.6/mmbtu from AprilSept 2019. The management highlighted that the spot prices were on a downward trend due to decline in demand across Asian markets owing to warmer winter. The recent Corona Virus epidemic which has slowed down...
Mahanagar Gas Ltd. has an average target of 1562.50 from 6 brokers.
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