Mahanagar Gas Share Price
(MGL)
Check the latest share price of Mahanagar Gas, details on performance, fundamentals, analyst ratings, peer comparison, financials, company news, analysis, and shareholding pattern for informed investing decisions.
₹1326.9
as on 04:01PM, 29 Apr 2025
NSE
Mahanagar Gas Performance
Get real-time share price information, day’s high and low, historical returns and market stats.
Day's Low
Day's High
₹1,323.7Day's Price Range₹1,355.552 Week's Low
52 Week's High
₹1,075.2552-Week Price Range₹1,988
| Returns % | |
| 1 Month Return | -2.6 % |
| 3 Month Return | -1.06 % |
| 1 Year Return | -12.13 % |
| Market Stats | |
| Previous Close | ₹1,333.70 |
| Open | ₹1,337.50 |
| Volume | 4.63L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹12,618.86Cr |
Mahanagar Gas Fundamentals & Key Indicators
Check the fundamental ratios and key indicators of the company like P/E, P/B, PEG, Dividend yield etc.
Market Cap
₹24,466.43 Cr
Return on Equity (ROE)
20.53
Return on capital employed (ROCE)
27.31
P/B Ratio
3.76
Dividend Yield
1.48
EPS (TTM)
21.46
Sector
Gas Distribution
How to invest in Mahanagar Gas
Investing in Mahanagar Gas is simple. You can open a free INDstocks investment account on the INDmoney App. Search for Mahanagar Gas or MGL on the app to check live prices of the stock and click on Buy or SIP. You can invest by selecting the number of shares or set up a fixed SIP to invest every month or week.
For example: You can buy 10 shares of Mahanagar Gas or start an SIP based on the market price on each investment date.
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Mahanagar Gas Valuation
Track how the P/E of Mahanagar Gas has moved over time to understand valuation trends.
Mahanagar Gas in the last 5 years
Lowest (0.00x)
February 9, 2023
Today (10.18x)
December 15, 2023
Industry (19.27x)
December 15, 2023
Highest (10.18x)
December 15, 2023
Today’s Price to Earnings Ratio: 10.18x
Analysts Recommendation on Mahanagar Gas
Get updated buy, sell, and hold recommendations by analysts on Mahanagar Gas.
based on 27 analysts
70.37%
Buy
18.52%
Hold
11.11%
Sell
70.37% of analysts recommend a 'BUY' rating for Mahanagar Gas. Average target of ₹1213
Source: S&P Global Market Intelligence
Analysts Forecast on Mahanagar Gas
Get share price movements and forecasts by analysts on Mahanagar Gas.
Mahanagar Gas price forecast by 27 analysts
Downside of
High
₹1411
Target
₹1213.00
Low
₹925
Mahanagar Gas target price ₹1213, a slight downside of -5.05% compared to current price of ₹1326.9. According to 27 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Mahanagar Gas revenue growth forecast
Expected growth rate Q1, FY2025:0
Forecast
Actual
Including amortisation and stock based compensations
Mahanagar Gas EPS growth forecast
EPS estimate Q1, FY2025:0
Forecast
Actual
Source: S&P Global Market Intelligence
Mahanagar Gas Financials
Get the annual and quarterly financial summary of Mahanagar Gas, including revenue, profit, loss and more.
Mahanagar Gas Index Inclusions
Mahanagar Gas Shareholding Pattern
View the shareholding pattern breakup of promoters, FIIs, DIIs, and retail investors in Mahanagar Gas.
| Investors | Holdings % | Quarterly Trend | 3M change |
|---|---|---|---|
| Promoter Holdings | 32.5% | 0.00 | |
| Foreign Institutions | 30.95% | 0.00 | |
| Mutual Funds | 1.81% | 0.00 | |
| Retail Investors | 11.61% | 0.00 | |
| Others | 23.12% | 0.00 |
Mahanagar Gas vs Peers
Compare market cap, revenue, PE, and other key metrics of Mahanagar Gas with its industry peers.
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹24,466.43 Cr | -4.58% | 0.51 | NA | NA | |
| HOLD | ₹29,483.75 Cr | 14.53% | 0.56 | NA | NA | |
| BUY | ₹17,730.34 Cr | 11.45% | 0.51 | NA | NA | |
| BUY | ₹42,735.00 Cr | 7.13% | 0.62 | NA | NA | |
| BUY | ₹1,12,901.04 Cr | 39.49% | 0.60 | NA | NA |
Mahanagar Gas News & Key Events
Latest news and events at one place to help you take investing decisions in Mahanagar Gas.
Mahanagar Gas Faces 18% APM Gas Allocation Cut - 15 Apr, 2025
Mahanagar Gas Ltd disclosed an 18% reduction in its APM gas allocation effective April 16, 2025. This change, due to government policy, will adversely affect profitability as the shortfall is replaced with costlier New Well/Well Intervention gas. The company is exploring measures to mitigate the financial impact.Mahanagar Gas Shares Decline Amid APM Gas Allocation Concerns - 11 Apr, 2025
Mahanagar Gas shares fell over 3% from the day's high after reports of potential cuts in APM gas allocation, raising concerns about increased input costs for city gas distribution companies. The stock traded at ₹1,256, reflecting cautious investor sentiment.Mahanagar Gas Prices Rise, Shares Decline - 09 Apr, 2025
Mahanagar Gas Ltd has increased CNG prices to ₹79.50/kg and PNG to ₹49/unit in Mumbai. Following this announcement, shares fell by 5%.Mahanagar Gas Considers CNG Price Increase - 04 Apr, 2025
Mahanagar Gas Ltd is evaluating a potential increase in compressed natural gas (CNG) prices following a government hike in APM gas prices, according to managing director Ashu Shinghal. The company is currently assessing the impact on input costs.MGL Stock Gains from Gas Tariff Amendments - 24 Mar, 2025
Mahanagar Gas Ltd (MGL) is expected to benefit from proposed amendments in gas transmission tariffs, contributing to a 2% rise in the energy index. However, analysts suggest gains may be limited compared to Indraprastha Gas Ltd (IGL).Mahanagar Gas Sees Positive Developments and Appointments - 20 Mar, 2025
Mahanagar Gas Ltd experiences positive market activity with a Buy rating from Axis Capital and HDFC Securities, alongside a new director appointment. However, regulatory uncertainties loom over the sector.
Insights on Mahanagar Gas Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTMF Holding Up
Mutual Funds have increased holdings from 10.27% to 13.27% in Mar 2025 quarter
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, MGL has outperformed top 5 stocks with highest market-cap in Natural Gas Utilities
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 32.50% of holdings in Mar 2025 quarter
- NO EFFECT
Against Peers
In the last 3 years, GAIL India Ltd has given 78.4% return, outperforming this stock by 5.0%
NEGATIVE IMPACTPrice Dip
In the last 1 month, MGL stock has moved down by -3.8%
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 10.64% to 9.92% in Mar 2025 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 25.75% to 23.76% in Mar 2025 quarter
About Mahanagar Gas
Revenue: ₹1,665.76Cr as on June 2024 (Q2 24)
Net Profit: ₹288.77Cr as on June 2024 (Q2 24)
Listing date: 01 Jul, 2016
Chairperson Name: Sandeep Kumar Gupta
| Organisation | Mahanagar Gas |
| Headquarters | |
| Industry | Gas Distribution |
| E-voting on shares | Click here to vote |
Indian Mutual Funds that own Mahanagar Gas
Check out the Mutual Funds with significant holdings in Mahanagar Gas.
Futures and Options
View the latest movement in Mahanagar Gas Futures & Options, including strike prices, expiry dates, and percentage changes.
FAQs
What is Mahanagar Gas Ltd price today?
Mahanagar Gas Ltd share price today stands at ₹1326.9, Open: ₹1337.5, Previous Close: ₹1333.7, High: ₹1355.5, Low: ₹1323.7, 52 Week High: ₹1988, 52 Week Low: ₹1075.25.
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What are today's traded volumes of Mahanagar Gas Ltd?
Today's traded volume of Mahanagar Gas Ltd(MGL) is 4.63L.
What is today's market capitalisation of Mahanagar Gas Ltd?
Today's market capitalisation of Mahanagar Gas Ltd(MGL) is ₹12,618.86 Cr.
What is the 52 Week High and Low Range of Mahanagar Gas Ltd?
How much percentage Mahanagar Gas Ltd is down from its 52 Week High?
Mahanagar Gas Ltd (MGL) share price is ₹1326.9. It is down -33.25% from its 52 Week High price of ₹1988
How much percentage Mahanagar Gas Ltd is up from its 52 Week low?
Mahanagar Gas Ltd (MGL) share price is ₹1326.9. It is up 23.40% from its 52 Week Low price of ₹1075.25