![Mahanagar Gas Share Price Mahanagar Gas Share Price](https://images.5paisa.com/MarketIcons/MGL.png)
Mahanagar Gas Share Price
- Advice
- Hold
Start SIP in Mahanagar Gas
Start SIPMahanagar Gas Performance
Day Range
- Low 1,826
- High 1,903
52 Week Range
- Low 979
- High 1,912
- Open Price1,877
- Previous Close1,877
- Volume424614
Mahanagar Gas F&O
Mahanagar Gas Investment Rating
-
Master Rating:
-
Mahanagar Gas has an operating revenue of Rs. 6,418.06 Cr. on a trailing 12-month basis. An annual revenue growth of 1% is not great, Pre-tax margin of 27% is great, ROE of 24% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is comfortably placed above its key moving averages, around 6% and 30% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 1% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 44 which is a POOR score indicating inconsistency in earnings, a RS Rating of 75 which is FAIR indicating the recent price performance, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 123 indicates it belongs to a poor industry group of Utility-Gas Distribution and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre technical strength and poor fundamentals, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 1,590 | 1,567 | 1,569 | 1,571 | 1,538 | 1,610 |
Operating Expenses Qtr Cr | 1,171 | 1,173 | 1,120 | 1,092 | 1,017 | 1,221 |
Operating Profit Qtr Cr | 418 | 394 | 449 | 479 | 521 | 390 |
Depreciation Qtr Cr | 72 | 78 | 68 | 66 | 62 | 64 |
Interest Qtr Cr | 3 | 4 | 3 | 2 | 3 | 2 |
Tax Qtr Cr | 99 | 92 | 109 | 116 | 127 | 88 |
Net Profit Qtr Cr | 285 | 265 | 317 | 339 | 368 | 269 |
Mahanagar Gas Technicals
EMA & SMA
![pointer pointer](https://cdn-static.trendlyne.com/static/img/brokerwebview/pointer.png)
- Bullish Moving Average
- ___
- 16
- Bearish Moving Average
- ___
- 0
- 20 Day
- ₹1,809.99
- 50 Day
- ₹1,739.89
- 100 Day
- ₹1,628.06
- 200 Day
- ₹1,477.57
- 20 Day
- ₹1,809.65
- 50 Day
- ₹1,768.25
- 100 Day
- ₹1,575.74
- 200 Day
- ₹1,441.75
Mahanagar Gas Resistance and Support
Resistance | |
---|---|
First Resistance | 1,885.60 |
Second Resistance | 1,932.20 |
Third Resistance | 1,961.80 |
RSI | 56.25 |
MFI | 70.23 |
MACD Single Line | 21.04 |
MACD | 21.94 |
Support | |
---|---|
First Support | 1,809.40 |
Second Support | 1,779.80 |
Third Supoort | 1,733.20 |
Mahanagar Gas Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 431,239 | 17,340,120 | 40.21 |
Week | 573,866 | 20,527,187 | 35.77 |
1 Month | 393,718 | 15,713,287 | 39.91 |
6 Month | 678,772 | 20,695,766 | 30.49 |
Mahanagar Gas Result Highlights
Mahanagar Gas Synopsis
NSE-Utility-Gas Distribution
Mahanagar Gas is involved in the business activities of Manufacture of gas; distribution of gaseous fuels through mains. Company’s Total Operating Revenue is Rs. 6244.53 Cr. and Equity Capital is Rs. 98.78 Cr. for the Year ended 31/03/2024. Mahanagar Gas Ltd. is a Public Limited Listed company incorporated on 08/05/1995 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L40200MH1995PLC088133 and registration number is 088133.Market Cap | 18,165 |
Sales | 6,296 |
Shares in Float | 6.72 |
No of funds | 353 |
Yield | 1.63 |
Book Value | 3.53 |
U/D Vol ratio | 1.3 |
LTDebt / Equity | |
Alpha | 0.08 |
Beta | 1.39 |
Mahanagar Gas Shareholding Pattern
Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
---|---|---|---|---|
Promoters | 32.5% | 32.5% | 32.5% | 32.5% |
Mutual Funds | 5.24% | 5.18% | 3.98% | 1.7% |
Insurance Companies | 11.05% | 11.73% | 12.74% | 13.8% |
Foreign Portfolio Investors | 31.49% | 30.54% | 30.85% | 30.51% |
Financial Institutions/ Banks | ||||
Individual Investors | 7.84% | 8.03% | 7.98% | 9.26% |
Others | 11.88% | 12.02% | 11.95% | 12.23% |
Mahanagar Gas Management
Name | Designation |
---|---|
Mr. Sandeep Kumar Gupta | Chairman |
Mr. Ashu Shinghal | Managing Director |
Mr. Sanjay Shende | Deputy Managing Director |
Mr. Rajeev Bhaskar Sahi | Independent Director |
Ms. Malvika Sinha | Independent Director |
Mr. Syed S Hussain | Independent Director |
Mr. Venkatraman Srinivasan | Independent Director |
Dr. Harshadeep Kamble | Government Nominee Director |
Mahanagar Gas Forecast
Price Estimates
Mahanagar Gas Corporate Action
Date | Purpose | Remarks |
---|---|---|
2024-07-25 | Quarterly Results | |
2024-05-09 | Audited Results & Final Dividend | |
2024-01-23 | Quarterly Results & Interim Dividend | |
2023-10-27 | Quarterly Results | |
2023-08-03 | Quarterly Results |
Date | Purpose | Remarks |
---|---|---|
2024-02-05 | INTERIM | Rs.12.00 per share(120%)Interim Dividend |
2023-02-14 | INTERIM | Rs.10.00 per share(100%)Interim Dividend |
2022-02-18 | INTERIM | Rs.9.50 per share(95%)Interim Dividend |
2021-02-22 | INTERIM | Rs.9.00 per share(90%)Interim Dividend |
Mahanagar Gas FAQs
What is Share Price of Mahanagar Gas ?
Mahanagar Gas share price is ₹1,839 As on 08 September, 2024 | 10:10
What is the Market Cap of Mahanagar Gas ?
The Market Cap of Mahanagar Gas is ₹18165.2 Cr As on 08 September, 2024 | 10:10
What is the P/E ratio of Mahanagar Gas ?
The P/E ratio of Mahanagar Gas is 15.2 As on 08 September, 2024 | 10:10
What is the PB ratio of Mahanagar Gas ?
The PB ratio of Mahanagar Gas is 3.5 As on 08 September, 2024 | 10:10