Name: Latest research reports of Mahanagar Gas Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Mahanagar Gas Ltd.
Rating: 5
Author: ICICI Securities Limited

Mahanagar Gas Ltd.

NSE: MGL | BSE: 539957 | ISIN: INE002S01010 | Industry: Utilities:Non-Electrical
| Falling Comet

1305.8000 22.60 (1.76%)

NSE Oct 07, 2025 12:29 PM

32.12% Fall from 52W High

Volume: 453.4K

Mahanagar Gas Ltd.

08 Aug 2022

1305.80

1.76%

Strong volumes, resilient margins

Buy: Mahanagar Gas Ltd.

Recommendation Target

ICICI Securities Limited

Mahanagar Gas (MGL) reported its Q1FY23 EBITDA at Rs2.86bn (down 6% YoY, up 32.5% QoQ) vs our estimate of Rs 3bn.

Mahanagar Gas Ltd. has lost -31.65% in the last 1 Year