|
06 Oct 2025 |
Mahanagar Gas
|
Consensus Share Price Target
|
1288.10 |
1549.03 |
- |
20.26 |
buy
|
|
|
|
|
29 Jan 2024
|
Mahanagar Gas
|
BOB Capital Markets Ltd.
|
1288.10
|
1590.00
|
1414.40
(-8.93%)
|
Target met |
Buy
|
|
|
BJAUT: Healthy revival but priced in; downgrade to SELL. TVSL: On a fast track raise to BUY. SBICARD: Asset quality concerns persist; downgrade to HOLD. LAURUS: Challenges galore cut to SELL. CIPLA: Healthy revenue growth, strong margins. MAHGL: Volume growth accelerating, reiterate BUY. DCBB: NII sequentially flat on high interest cost. SBILIFE: ULIP-led growth; maintains market leadership
|
|
27 Jan 2024
|
Mahanagar Gas
|
BOB Capital Markets Ltd.
|
1288.10
|
1590.00
|
1374.15
(-6.26%)
|
Target met |
Buy
|
|
|
Q3 beats consensus with sharp uptick in volume growth and stable margins despite lower APM gas allocation
|
|
31 Oct 2023
|
Mahanagar Gas
|
BOB Capital Markets Ltd.
|
1288.10
|
1255.00
|
1032.40
(24.77%)
|
Target met |
Buy
|
|
|
Q2 results in line but margin remains above the cycle average; we raise FY24 EBITDA by 11% factoring in a strong H1
|
|
31 Oct 2023
|
Mahanagar Gas
|
Motilal Oswal
|
1288.10
|
1310.00
|
1032.40
(24.77%)
|
Target met |
Buy
|
|
|
|
|
30 Oct 2023
|
Mahanagar Gas
|
Prabhudas Lilladhar
|
1288.10
|
1065.00
|
1017.15
(26.64%)
|
Target met |
Hold
|
|
|
|
|
28 Oct 2023
|
Mahanagar Gas
|
ICICI Securities Limited
|
1288.10
|
1350.00
|
988.30
(30.33%)
|
Target met |
Buy
|
|
|
Mahanagar Gas (MGL)’s Q2FY24 EBITDA/PAT at INR 4.8/3.4bn missed our estimates of INR 5bn/3.5bn, but the company delivered a second successive quarter of strong YoY growth with EBITDA/PAT up 89/106% YoY. Volume growth of just 3.4% was muted, but INR 6.6/scm jump YoY in EBITDA/scm was enough to drive the earnings strength in the quarter.
|
|
31 Aug 2023
|
Mahanagar Gas
|
Geojit BNP Paribas
|
1288.10
|
1224.00
|
1024.00
(25.79%)
|
Target met |
Buy
|
|
|
|
|
07 Aug 2023
|
Mahanagar Gas
|
BOB Capital Markets Ltd.
|
1288.10
|
1210.00
|
1063.85
(21.08%)
|
Target met |
Hold
|
|
|
Q1 ahead of consensus on margin surprise but soft CNG volumes for the third straight quarter worrying
|
|
05 Aug 2023
|
Mahanagar Gas
|
Motilal Oswal
|
1288.10
|
1285.00
|
1056.25
(21.95%)
|
Target met |
Buy
|
|
|
|
|
05 Aug 2023
|
Mahanagar Gas
|
ICICI Securities Limited
|
1288.10
|
1345.00
|
1056.25
(21.95%)
|
Target met |
Buy
|
|
|
Mahanagar Gas’ (MGL) Q1FY24 EBITDA/PAT at INR 5.2/3.7bn beat I-Sec estimates of EBITDA/PAT of INR 4.3/3bn, rising 83/99% YoY, respectively. Volume growth of just 1% was muted, but INR 7.7/scm jump YoY in EBITDA/scm (highest ever) was enough to drive the earnings strength in the quarter.
|