1349.2000 -4.70 (-0.35%)
NSE May 23, 2025 15:29 PM
Volume: 190.2K
 

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Mahanagar Gas Ltd.
29 Jul 2021
1349.20
-0.35%
Prabhudas Lilladhar
Benign gas prices, private vehicle conversion to drive volumes and earnings. margins even as we leave volume assumptions unchanged. Record margins (-16% QoQ), due to lockdown restrictions. MGL remains a play on increased gas usage from rising vehicle and PNG penetration in a benign gas price environment. We continue to like MGL's business, given its dominating share...
Mahanagar Gas Ltd. has an average target of 1769.00 from 6 brokers.
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