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

Summary	Date	Stock	Author	LTP	Target	Price at reco (Change since reco%)	Upside(%)	Type	Report	Discuss
	09 Apr 2025	Mahanagar Gas	Consensus Share Price Target	1311.70	1531.14	-	16.73	buy	pdf Detailed Estimates
	09 May 2023	Mahanagar Gas	Motilal Oswal Target	1311.70	1250.00	1073.90 (22.14%)	Target met	Buy	pdf post cache	Broker Report Margins improve amid declining gas cost Motilal Oswal pdf Copy Link Share on Share on Share on Share on Alert
	10 Apr 2023	Mahanagar Gas	Ventura	1311.70	1719.00	992.30 (32.19%)		Buy	pdf post cache	Broker Report MAHANAGAR GAS LTD. Ventura Inflection in growth trajectory pdf Copy Link Share on Share on Share on Share on Alert
	06 Mar 2023	Mahanagar Gas	ICICI Securities Limited Target	1311.70	1125.00	906.90 (44.64%)	Target met	Buy	pdf post cache	Broker Report Acquires CGD player – Unison Enviro Pvt Ltd ICICI Securities Limited Mahanagar Gas (MGL) has announced its first inorganic acquisition in the CGD space, Unison Enviro Pvt Ltd (UEPL), from the latter’s erstwhile promoters Ashoka Buildcon and North Haven India Infra (a Morgan Stanley affiliate). MGL has acquired 100% stake in the fledgling CGD player and has stated UEPL equity value at Rs5.3bn, which implies an enterprise value of ~Rs6.4bn (gross debt on the books of UEPL as of FY22, stood at Rs1.13bn). pdf Copy Link Share on Share on Share on Share on Alert
	06 Feb 2023	Mahanagar Gas	ICICI Securities Limited Target	1311.70	1050.00	850.35 (54.25%)	Target met	Buy	pdf post cache	Broker Report Margin strength offsets miss on volumes ICICI Securities Limited Mahanagar Gas (MGL) has reported a 2.5x YoY growth in EBITDA and a 3x YoY growth in PAT to Rs2.6/1.7bn in Q3FY23, with a weak base driving YoY growth. QoQ growth of 1% in EBITDA /5% QoQ growth in PAT was credible as well, coming in a quarter. pdf Copy Link Share on Share on Share on Share on Alert
	06 Feb 2023	Mahanagar Gas	ICICI Direct Reco Target	1311.70	1000.00	882.00 (48.72%)	Target met	Buy	pdf post cache	Broker Report Mahanagar Gas ICICI Direct pdf Copy Link Share on Share on Share on Share on Alert
	05 Feb 2023	Mahanagar Gas	Motilal Oswal Target	1311.70	1068.00	850.35 (54.25%)	Target met	Buy	pdf post cache	Broker Report Price hikes offset higher input costs Motilal Oswal pdf Copy Link Share on Share on Share on Share on Alert
	05 Feb 2023	Mahanagar Gas	BOB Capital Markets Ltd. Reco Target	1311.70	1030.00	850.35 (54.25%)	Target met	Buy	pdf post cache	Broker Report Mahanagar Gas (BUY): Growth set to accelerate in medium term; maintain BUY BOB Capital Markets Ltd. Q3 marginally ahead; priority HP-HT allocation to bridge APM gas shortfall and cap on APM gas price to improve competitiveness pdf Copy Link Share on Share on Share on Share on Alert
	03 Feb 2023	Mahanagar Gas	Prabhudas Lilladhar	1311.70	1103.00	850.35 (54.25%)	Target met	Buy	pdf post cache	Broker Report MAHANAGAR GAS LTD. Prabhudas Lilladhar pdf Copy Link Share on Share on Share on Share on Alert
	30 Nov 2022	Mahanagar Gas	Geojit BNP Paribas Reco Target	1311.70	1082.00	907.25 (44.58%)	Target met	Buy	pdf post cache	Broker Report MAHANAGAR GAS LIMITED Geojit BNP Paribas pdf Copy Link Share on Share on Share on Share on Alert
	14 Nov 2022	Mahanagar Gas	Motilal Oswal Target	1311.70	1025.00	899.75 (45.78%)	Target met	Buy	pdf post cache	Broker Report Higher gas cost weighs in on lower profitability Motilal Oswal pdf Copy Link Share on Share on Share on Share on Alert
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34.02% Fall from 52W High

Mahanagar Gas Ltd. share price target

Mahanagar Gas Ltd. has an average target of 1765.67. The consensus estimate represents an upside of 34.61% from the last price of 1311.70. View 13 reports from 6 analysts offering long-term price targets for Mahanagar Gas Ltd..

Margins improve amid declining gas cost

MAHANAGAR GAS LTD.

Acquires CGD player – Unison Enviro Pvt Ltd

Margin strength offsets miss on volumes

Mahanagar Gas

Price hikes offset higher input costs

Mahanagar Gas (BUY): Growth set to accelerate in medium term; maintain BUY

MAHANAGAR GAS LTD.

MAHANAGAR GAS LIMITED

Higher gas cost weighs in on lower profitability

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