Mahanagar Gas Ltd.

NSE: MGL | BSE: 539957

Turnaround Potential

Download real time

1512.40 -30.30 (-1.96%)

40.66% Gain from 52W Low

462.5K NSE+BSE Volume

NSE 08 Jul, 2025 3:31 PM (IST)

14,939.2

Market Cap

Above industry Median

1.3

Beta 1Year

Very High Volatility

Mahanagar Gas Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for MGL, BSE:539957 Mahanagar Gas Ltd.

Search Inside the pdf :

Mahanagar Gas Ltd.

08 Jun 2025, 12:00AM

1512.40

-1.96%

Volume growth and margin outlook remain intact

buy

Buy: Mahanagar Gas Ltd.

Target

Motilal Oswal

Valuations inexpensive: Over the last eight months, MAHGL’s share price has corrected ~30%, with the stock now trading at 11x FY27E P/E.

Mahanagar Gas Ltd. has gained 20.75% in the last 6 Months

Mahanagar Gas Ltd.

08 May 2025, 12:00AM

1512.40

-1.96%

Some miss on higher opex; volume growth healthy

buy

Buy: Mahanagar Gas Ltd.

Target

Emkay

MGL’s Q4FY25 SA adj EBITDA/APAT of Rs3.2/2.1bn missed our estimates by 5%/6% due to 5% higher unit opex. EBITDA/scm of Rs8.3 was hence 5% below estimate and flat QoQ.

Mahanagar Gas Ltd. has an average target of 1695.33 from 6 brokers.

Mahanagar Gas Ltd.

07 May 2025

1512.40

-1.96%

Mahanagar Gas (MAHGL IN) Q4FY25 Result Update Strong...

buy

Hold: Mahanagar Gas Ltd.

Target

Prabhudas Lilladhar

We downgrade the stock from Accumulate' to Hold amid recent runup in the stock. MAHGL reported adj EBITDA of Rs3.2bn in Q4FY25, down 20% YoY (PLe: Rs3.6bn, BBGe: Rs3.5bn). Miss was mainly on account of higher opex. The adjustment is on account of reversal of discounts given to the OMCs of Rs633.5mn. Adj PAT came in at Rs2.1bn, down 22.6% YoY (PLe: Rs2.4bn, BBGe: Rs2.5bn). For the full year, adjusted EBITDA stood at Rs14.5bn, -21.5% YoY. FY25 adj PAT stood at Rs10bn, -22.7% YoY. We build in volume growth of 10%...

Mahanagar Gas Ltd. has an average target of 1695.33 from 6 brokers.

Mahanagar Gas Ltd.

26 Mar 2025

1512.40

-1.96%

MAHANAGAR GAS LIMITED

buy

Accumulate: Mahanagar Gas Ltd.

Target

Geojit BNP Paribas

Mahanagar Gas Ltd. has gained 20.75% in the last 6 Months

Mahanagar Gas Ltd.

29 Jan 2025

1512.40

-1.96%

MAHANAGAR GAS LTD.

buy

Accumulate: Mahanagar Gas Ltd.

Target

Prabhudas Lilladhar

Mahanagar Gas Ltd. has an average target of 1695.33 from 6 brokers.

Mahanagar Gas Ltd.

26 Dec 2024

1512.40

-1.96%

MAHANAGAR GAS LIMITED

buy

Accumulate: Mahanagar Gas Ltd.

Recommendation Target

Geojit BNP Paribas

Mahanagar Gas Ltd. has an average target of 1695.33 from 6 brokers.

Mahanagar Gas Ltd.

26 Oct 2024

1512.40

-1.96%

Mahanagar Gas (HOLD): Resetting margin expectations, reiterate HOLD

buy

Hold: Mahanagar Gas Ltd.

Target

BOB Capital Markets Ltd.

Q2 results were broadly in line with our forecasts. Factoring in stronger growth momentum, we raise FY24-27E volume CAGR to 8.4% from 7.5%

Mahanagar Gas Ltd. has gained 20.75% in the last 6 Months

Mahanagar Gas Ltd.

19 Sep 2024

1512.40

-1.96%

MAHANAGAR GAS LTD.

buy

Hold: Mahanagar Gas Ltd.

Recommendation Target

Prabhudas Lilladhar

Mahanagar Gas Ltd. has gained 20.75% in the last 6 Months

Mahanagar Gas Ltd.

05 Aug 2024

1512.40

-1.96%

MAHANAGAR GAS LIMITED

buy

Sell: Mahanagar Gas Ltd.

Recommendation Target

Geojit BNP Paribas

Mahanagar Gas Ltd. is trading above all available SMAs

Mahanagar Gas Ltd.

29 Jul 2024

1512.40

-1.96%

MAHANAGAR GAS LTD.

buy

Sell: Mahanagar Gas Ltd.

Recommendation Target

Prabhudas Lilladhar

Mahanagar Gas Ltd. has an average target of 1695.33 from 6 brokers.

Is Mahanagar Gas Ltd. worth buying?

519 Votes:

Buy 86.51%

Sell 7.71%

Hold 5.78%

RESEARCH REPORTS

Buy SEE REPORTS >

Buy SEE REPORTS >