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Stock MGL MAHANAGAR GAS LIMITED
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Mahanagar Gas Limited

Equities

MGL

INE002S01010

Natural Gas Utilities

Market Closed - NSE India S.E.
Other stock markets
05:19:45 05/12/2025 pm IST
5-day change 1st Jan Change
1,170.00 INR -0.09% Intraday chart for Mahanagar Gas Limited -2.52% -8.91%
26/11 3ev Industries Private Limited announced that it has received INR 1.2 billion in funding from Thackersey Group, Mahanagar Gas Limited, Equentis Wealth Advisory Services, Investment Arm and other investors CI
18/11 Mahanagar Gas Limited Announces Board Appointments, Effective August 23, 2025 CI
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Mahanagar Gas Acquires 44% Stake in International Battery Company India

Published on 02/04/2025 at 10:55 am IST - Modified on 02/04/2025 at 10:56 am IST

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Latest news about Mahanagar Gas Limited

26/11 3ev Industries Private Limited announced that it has received INR 1.2 billion in funding from Thackersey Group, Mahanagar Gas Limited, Equentis Wealth Advisory Services, Investment Arm and other investors CI
18/11 Mahanagar Gas Limited Announces Board Appointments, Effective August 23, 2025 CI
31/10 Jefferies Adjusts Mahanagar Gas' Price Target to INR1,095 From INR1,275, Keeps at Underperform MT
31/10 Phillip Securities Upgrades Mahanagar Gas to Buy from Neutral; Price Target is INR1,595 MT
31/10 Nomura Adjusts Mahanagar Gas' Price Target to INR1,510 From INR1,580, Keeps at Buy MT
31/10 Mahanagar Gas Limited, Q2 2026 Earnings Call, Oct 30, 2025
30/10 Mahanagar Gas Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2025 CI
07/10 JM Financial Upgrades Mahanagar Gas to Add from Sell; Price Target is INR1,415 MT
06/10 Oil India Limited and Mahanagar Gas Limited Signs Memorandum of Understanding CI
08/09 Mahanagar Gas Limited Announces the Cessation of Syed Hussain as Independent Director, Effective September 08, 2025 CI
25/07 Nomura Adjusts Mahanagar Gas' Price Target to INR1,580 From INR1,680, Keeps at Buy MT
15/08 Mahanagar Gas Limited, Q1 2026 Earnings Call, Jul 23, 2025
23/07 Jefferies Adjusts Mahanagar Gas' Price Target to INR1,275 From INR1,250, Keeps at Underperform MT
22/07 Mahanagar Gas Limited Reports Earnings Results for the First Quarter Ended June 30, 2025 CI
22/07 Mahanagar Gas Posts Growth in Fiscal Q1 Consolidated Profit MT
22/07 Mahanagar Gas Q1 pat 3.24 bln rupees RE
17/06 INDIA STOCKS-Indian shares slip as Trump's Tehran warning, oil surge rattle investors RE
17/06 Nomura Upgrades Mahanagar Gas to Buy From Neutral, Adjusts Price Target to INR1,680 From INR1,350 MT
04/06 Mahanagar Gas Limited, Q4 2025 Earnings Call, May 07, 2025
07/05 Jefferies Adjusts Mahanagar Gas' Price Target to INR1,250 From INR1,220, Keeps at Underperform MT
06/05 Mahanagar Gas Q4 PAT 2.52 Billion Rupees RE
06/05 Mahanagar Gas Limited Reports Earnings Results for the Full Year Ended March 31, 2025 CI
06/05 Mahanagar Gas Limited Recommends A Final Dividend for the Financial Year 2024-25 CI
18/04 India revamps gas policy to boost affordability and supply RE
16/04 Jefferies Adjusts Mahanagar Gas' Price Target to INR1,220 From INR1,100, Keeps at Underperform MT

Chart Mahanagar Gas Limited

Chart Mahanagar Gas Limited
MGL: Dynamic Chart

Company Profile

Logo Mahanagar Gas Limited
Mahanagar Gas Limited is an India-based natural gas distribution company. The Company is engaged in the distribution of compressed natural gas (CNG) and piped natural gas (PNG) in Mumbai, Thane and Raigad districts of Maharashtra. It operates through the selling of the natural gas segment. It offers PNG for domestic, commercial and industrial purposes. Its domestic PNG is used for various purposes like cooking and water heating. It is also used by hospitals, nursing homes, hotels, flight kitchens, restaurants, places of worship and others. It offers PNG for various industries, including metal, pharmaceuticals, food and beverages, printing and dyeing, oil mills, power generation and air conditioning. It supplies CNG to Brihanmumbai Electricity Supply and Transport/Thane Municipal Transport/Maharashtra State Road Transport Corporation/Navi Mumbai Municipal Transport (BEST/TMT/MSRTC/NMMT) buses, light commercial vehicles (LCVs)/ tempos/ trucks/private buses. It also installs gas geysers.
Employees
579
Sector
Natural Gas Utilities
Calendar
10/02 - Q3 2026 Earnings Release (Projected)
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Trader

Trader

This super rating is the result of a weighted average of the rankings based on the following ratings: Global Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.

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This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Global Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.

Global

Global

This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite), and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.

-
Quality

Quality

This composite rating is the result of an average of the rankings based on the following ratings: Capital Efficiency (Composite), Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.

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  5. Mahanagar Gas Acquires 44% Stake in International Battery Company India
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