Good morning :)
Switch to
Place Order

Mahanagar Gas Ltd

MGL
UtilitiesGas Distribution
SmallcapWith a market cap of ₹11,055 cr, stock is ranked 303
Low RiskStock is 1.96x as volatile as Nifty
1,119.2517.25 (-1.52%)

Price Chart

High
Low
Returns
1D
1W
1M
1Y
5Y
Max
SIP
Loading...
1D
1W
1M
1Y
5Y
Max
SIP
Investment Checklist
BasicPro
Go pro! Unlock deeper insights
UtilitiesGas Distribution
SmallcapWith a market cap of ₹11,055 cr, stock is ranked 303
Low RiskStock is 1.96x as volatile as Nifty

Key Metrics

PE RatioPE Ratio
17.84
PB RatioPB Ratio
3.74
Dividend YieldDiv. Yield
2.05%
Sector PESector PE
19.63
Sector PBSector PB
2.37
Sector Div YldSctr Div Yld
2.06%

Forecast & RatingsDetailed Forecast 

74%

Analysts have suggested that investors can buy this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Mahanagar Gas Limited is a natural gas distribution company. The Company is engaged in the distribution of compressed natural gas (CNG) and piped natural gas (PNG) in Mumbai and its adjoining areas.

Get more out of Tickertape, Go Pro!

Customise key metrics, see detailed forecasts, download stock data and more

See Plans

Financial TrendFinancial statements 

20182019202020212.292.873.072.230.480.550.790.62
Revenue
Profit
All values in ₹ Thousand cr.
See financial statements

Holdings TrendDetailed holdings 

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Increased Mutual Fund Holding
Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has increased by 1.38%

See detailed holdings

Recent EventsAll events 

Analysts/Institutional Investor Meet/Con. Call Updates 
Announced OnJul 26, 2021

Mahanagar Gas Limited has informed the Exchange about Analysts/Institutional Investor Meet/Con. Call Updates | Download

Mahanagar Gas Limited has informed the Exchange about Analysts/Institutional Investor Meet/Con. Call Updates | Download

Reply to Clarification- Financial results 
Announced OnJul 12, 2021

The Exchange had sought clarification from Mahanagar Gas Limited for the quarter ended 31-Mar-2021 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: -1. The company has not submitted the Statement of Modified Opinion or in case of unmodified opinion(s), a declaration to that effect to the Stock Exchange. The response of the Company is enclosed. | Download

The Exchange had sought clarification from Mahanagar Gas Limited for the quarter ended 31-Mar-2021 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: -1. The company has not submitted the Statement of Modified Opinion or in case of unmodified opinion(s), a declaration to that effect to the Stock Exchange. The response of the Company is enclosed. | Download

Cash Dividend 
Ex. DateFeb 18, 2021

Interim • Div/Share: ₹ 9

See all events