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

Mahanagar Gas Ltd.

NSE: MGL | BSE: 539957 | ISIN: INE002S01010 | Industry: Utilities:Non-Electrical
| Mid-range Performer

1151.0000 29.30 (2.61%)

NSE Dec 19, 2025 15:31 PM

27.47% Fall from 52W High

Volume: 180.8K

Mahanagar Gas Ltd.

23 Jul 2025

1151.00

2.61%

FY26 margin and volume guidance moderated

Buy: Mahanagar Gas Ltd.

Target

Motilal Oswal

Mahanagar Gas (MAHGL)’s 1QFY26 adj. EBITDA margin of INR9.7/scm was below our est. of INR10.6/scm (reported EBITDA: INR12.9/scm).

Number of FII/FPI investors decreased from 366 to 343 in Sep 2025 qtr