Mahanagar Gas Ltd (MGAS)

NSE
Currency in INR
1,433.50
+43.80(+3.15%)
Closed·
MGAS Scorecard
Full Analysis
Holds more cash than debt on its balance sheet
Unusual trading volume
Fair Value
Day's Range
1,400.201,438.80
52 wk Range
1,075.251,988.00
Key Statistics
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Bid/Ask
1,431.90 / 1,433.50
Prev. Close
1,389.7
Open
1,405.9
Day's Range
1,400.2-1,438.8
52 wk Range
1,075.25-1,988
Volume
1.28M
Average Volume (3m)
616.63K
1-Year Change
-5.19%
Fair Value
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Fair Value Upside
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Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
1,538.24
Upside
+7.31%
Members' Sentiments
Bearish
Bullish
ProTips
Has raised its dividend for 3 consecutive years

Mahanagar Gas Ltd News & Analysis

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Mahanagar Gas Company Profile

Mahanagar Gas Limited operates as a natural gas distribution company in India. The company supplies piped natural gas (PNG) to domestic households for cooking and water heating, as well as for nursing homes, flight kitchens, and places of worship; commercial establishments, including hospitals, hotels, restaurants, and charitable trusts; and industries, such as metals, pharmaceuticals, printing and dyeing, food and beverages, oil mills, FMCG product manufacturers, power generation, and air-conditioning. It also provides compressed natural gas (CNG) to transport sector. Further, the company supplies liquefied natural gas (LNG) to heavy motor vehicles. In addition, it engages in sale of pipes and fittings required for construction of pipeline infrastructure. The company operates 348 CNG filling stations with 2,152 dispensing points; 608 kilometers of steel pipeline; and 6446 kilometers of poly-ethylene pipeline. Mahanagar Gas Limited was incorporated in 1995 and is based in Mumbai, India.

Sector
Utilities
Employees
532
Market
India

Compare MGAS to Peers and Sector

Metrics to compare
MGAS
Peers
Sector
Relationship
P/E Ratio
13.6x13.3x12.0x
PEG Ratio
−0.740.460.02
Price/Book
2.4x1.1x1.3x
Price / LTM Sales
1.9x0.6x1.5x
Upside (Analyst Target)
9.9%5.0%13.1%
Fair Value Upside
Unlock10.2%5.2%Unlock

Analyst Ratings

19 Buy
5 Hold
5 Sell
Ratings:
29 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 1,538.24
(+7.31% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 105.33%
Dividend Yield
2.09%
Industry Median 3.13%
Annualised payout
30.00
Paid unevenly
5-Years Growth
+8.45%
Growth Streak

Earnings

Latest Release
May 06, 2025
EPS / Forecast
25.49 / 24.93
Revenue / Forecast
18.65B / 18.12B
EPS Revisions
Last 90 days

MGAS Income Statement

FAQ

What Is the Mahanagar Gas (MGAS) Stock Price Today?

The Mahanagar Gas stock price today is 1,433.50.

What Stock Exchange Does Mahanagar Gas Trade On?

Mahanagar Gas is listed and trades on the India National Stock Exchange stock exchange.

What Is the Stock Symbol for Mahanagar Gas?

The stock symbol for Mahanagar Gas is "MGAS."

Does Mahanagar Gas Pay Dividends? What’s The Current Dividend Yield?

The Mahanagar Gas dividend yield is 2.09%.

What Is the Mahanagar Gas Market Cap?

As of today, Mahanagar Gas market cap is 141.65B.

What Is Mahanagar Gas's Earnings Per Share (TTM)?

The Mahanagar Gas EPS (TTM) is 105.33.

When Is the Next Mahanagar Gas Earnings Date?

Mahanagar Gas will release its next earnings report on 07 Aug 2025.

From a Technical Analysis Perspective, Is MGAS a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Mahanagar Gas Stock Split?

Mahanagar Gas has split 0 times.

How Many Employees Does Mahanagar Gas Have?

Mahanagar Gas has 532 employees.

What is the current trading status of Mahanagar Gas (MGAS)?

As of 17 Jun 2025, Mahanagar Gas (MGAS) is trading at a price of 1,433.50, with a previous close of 1,389.70. The stock has fluctuated within a day range of 1,400.20 to 1,438.80, while its 52-week range spans from 1,075.25 to 1,988.00.

What Is Mahanagar Gas (MGAS) Price Target According to Analysts?

The average 12-month price target for Mahanagar Gas is INR1538.24138, with a high estimate of INR1960 and a low estimate of INR1020. 19 analysts recommend buying the stock, while 5 suggest selling, leading to an overall rating of Buy. The stock has an +7.31% Upside potential.
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