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
| Mid-range Performer

1548.5000 40.50 (2.69%)

NSE Jul 04, 2025 13:51 PM

44.01% Gain from 52W Low

Volume: 2.6M

High volume today

Mahanagar Gas Ltd.

27 Jul 2024

1548.50

2.69%

Second successive quarter of double-digit volume growth; margins should pick up as well

Buy: Mahanagar Gas Ltd.

Target

ICICI Securities Limited

Mahanagar Gas (MGL) has reported Q1FY25 EBITDA/PAT of INR 4.2/2.85bn (+6/+7% QoQ; -20/-23% YoY), well ahead of I-Sec’s estimates of INR 3.9bn/2.6bn.

Mahanagar Gas Ltd. has gained 17.88% in the last 1 Month