1344.7000 3.50 (0.26%)
NSE Sep 19, 2025 15:31 PM
Volume: 258.8K
 

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Mahanagar Gas Ltd.
24 Nov 2020
1344.70
0.26%
Geojit BNP Paribas
Revenue for Q2FY21 dropped 36.3% YoY to Rs. 549cr primarily as volumes shrank 30.9% YoY to 190.7 Standard Cubic Meter (SCMmn). CNG and PNG Industry/ Commercial volumes declined by 42.0%/19.9% YoY, respectively, as lockdown and transport restrictions extended whereas Domestic PNG increased 21.6% YoY. Despite the impact of COVID-19 during the quarter, MGL achieved a growth in volumes QoQ. Blended volume stood at 2.07SCMmn, led by a strong demand recovery in CNG segment post lockdown (1.28SCMmn - 62% of total volume). Witnessed recovery at 90-95% of pre-COVID levels in Nov'20 as commercial activities gradually kicked off. PNG...
Mahanagar Gas Ltd. is trading below its 50 day SMA of 1356.7
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