1329.6000 22.50 (1.72%)
NSE Jun 06, 2025 15:31 PM
Volume: 885.7K
 

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Mahanagar Gas Ltd.
11 Jun 2020
1329.60
1.72%
Motilal Oswal
11 June 2020 CNG volumes were down 10% YoY to 1.98mmscmd. PNG-domestic was 7% higher YoY to 0.42mmscmd, while PNG-industrial was down 8% YoY to 0.39mmscmd. This resulted in total PNG volumes declining 1% YoY to 0.8mmscmd. Thus, EBITDA was ~9% lower than est. Reported PAT stood at INR1.7b (-11% est. +25% YoY), with the tax rate at 25.9%. most commercials have not opened yet and many operational consumers are facing challenges.
Mahanagar Gas Ltd. is trading above its 150 day SMA of 1310.5
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