MGL

Mahanagar Gas Share Price Mahanagar Gas

₹1,282.8
-17.55 (-1.35%)
13 May, 2024 10:12 BSE: 539957 NSE: MGLISIN: INE002S01010

Start SIP in Mahanagar Gas

Start SIP

Mahanagar Gas Performance

Day Range

  • Low 1,278
  • High 1,336
₹ 1,282

52 Week Range

  • Low 971
  • High 1,580
₹ 1,282
  • Open Price1,336
  • Previous Close1,300
  • Volume228846

Mahanagar Gas Share Price

  • Over 1 Month -10.21%
  • Over 3 Month -11.64%
  • Over 6 Month +23.21%
  • Over 1 Year +22.36%

Mahanagar Gas Key Statistics

P/E Ratio
PEG Ratio
Market Cap Cr 12,672
Price to Book Ratio 2.5
EPS 130.5
Dividend 2.2
Relative Strength Index 36.38
Money Flow Index 35.48
MACD Signal 1.18
Average True Range 52.86
Mahanagar Gas Financials
IndicatorMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 1,5671,5691,5711,5381,610
Operating Expenses Qtr Cr 1,1731,1201,0921,0171,221
Operating Profit Qtr Cr 394449479521390
Depreciation Qtr Cr 7868666264
Interest Qtr Cr 43232
Tax Qtr Cr 9210911612788
Net Profit Qtr Cr 265317339368269
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 6,4206,411
Operating Expenses Annual Cr 4,4025,115
Operating Profit Annual in Cr 1,8431,184
Depreciation Cr 274231
Interest Annual Cr 129
Tax Annual Cr 444265
Net Profit Annual Cr 1,289790
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 1,563969
Cash from Investing Activity Annual Cr -1,267-649
Cash from Financing Annual Activity Cr -312-285
Net Cash Flow Annual Cr -1535
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 5,1434,134
Fixed Assets Annual Cr 4,3173,734
Total Non Current Assets Annual Cr 5,2654,026
Total Current Assets Annual Cr 1,9612,006
Total Assets Annual Cr 7,2266,032
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 521419
ROE Annual % 2519
ROCE Annual % 3124
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 3221
IndicatorMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 1,6131,5691,5711,8481,610
Operating Expenses Qtr Cr 1,2181,1201,0921,3271,221
Operating Profit Qtr Cr 395449479521390
Depreciation Qtr Cr 8868666264
Interest Qtr Cr 63232
Tax Qtr Cr 9410911612788
Net Profit Qtr Cr 252317339368269
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 6,465
Operating Expenses Annual Cr 4,446
Operating Profit Annual in Cr 1,844
Depreciation Cr 284
Interest Annual Cr 13
Tax Annual Cr 445
Net Profit Annual Cr 1,276
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 1,461
Cash from Investing Activity Annual Cr -358
Cash from Financing Annual Activity Cr -1,116
Net Cash Flow Annual Cr -13
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 5,130
Fixed Assets Annual Cr 5,118
Total Non Current Assets Annual Cr 5,374
Total Current Assets Annual Cr 2,008
Total Assets Annual Cr 7,381
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 520
ROE Annual % 25
ROCE Annual % 31
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 32

Mahanagar Gas Technicals

EMA & SMA

Current Price
₹1,282.8
-17.55 (-1.35%)
pointer
  • Bullish Moving Average
  • ___
  • 3
  • Bearish Moving Average
  • ___
  • 13
  • 20 Day
  • ₹1,394.55
  • 50 Day
  • ₹1,392.32
  • 100 Day
  • ₹1,345.17
  • 200 Day
  • ₹1,249.80
  • 20 Day
  • ₹1,412.54
  • 50 Day
  • ₹1,396.84
  • 100 Day
  • ₹1,366.03
  • 200 Day
  • ₹1,211.55

Mahanagar Gas Resistance and Support

PIVOT
₹1,297.32
Resistance
First Resistance 1,337.63
Second Resistance 1,374.92
Third Resistance 1,415.23
RSI 36.38
MFI 35.48
MACD Single Line 1.18
MACD -14.34
Support
First Resistance 1,260.03
Second Resistance 1,219.72
Third Resistance 1,182.43

Mahanagar Gas Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 1,698,553 17,376,197 10.23
Week 707,290 14,775,288 20.89
1 Month 482,376 14,070,908 29.17
6 Month 622,588 21,429,474 34.42

Mahanagar Gas Result Highlights

Mahanagar Gas Synopsis

NSE-Utility-Gas Distribution

Mahanagar Gas is involved in the business activities of Disrtibution and sale of gaseous fuels through mains. Company’s Total Operating Revenue is Rs. 6299.28 Cr. and Equity Capital is Rs. 98.78 Cr. for the Year ended 31/03/2023. 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 12,845
Sales 6,245
Shares in Float 6.72
No of funds 340
Yield 1.92
Book Value 2.5
U/D Vol ratio 0.7
LTDebt / Equity
Alpha 0.02
Beta 1.16

Mahanagar Gas

Owner NameMar-24Dec-23Sep-23Jun-23
Promoters 32.5%32.5%32.5%32.5%
Mutual Funds 5.18%3.98%1.7%2.15%
Insurance Companies 11.73%12.74%13.8%12.64%
Foreign Portfolio Investors 30.54%30.85%30.51%32.38%
Financial Institutions/ Banks
Individual Investors 8.03%7.98%9.26%8.62%
Others 12.02%11.95%12.23%11.71%

Mahanagar Gas Management

Name Designation
Mr. Mahesh V Iyer Chairman
Mr. Ashu Shinghal Managing Director
Mr. Sanjay Shende Deputy Managing Director
Mr. Syed S Hussain Independent Director
Mr. Venkatraman Srinivasan Independent Director
Ms. Malvika Sinha Independent Director
Mr. Rajeev Bhaskar Sahi Independent Director
Dr. Harshadeep Kamble Government Nominee Director

Mahanagar Gas Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Mahanagar Gas Corporate Action

Date Purpose Remarks
2024-05-09 Audited Results & Final Dividend
2024-01-23 Quarterly Results & Interim Dividend
2023-10-27 Quarterly Results
2023-08-03 Quarterly Results
2023-05-08 Audited Results & Final Dividend
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 ₹1,282 As on 13 May, 2024 | 09:58

What is the Market Cap of Mahanagar Gas ?

The Market Cap of Mahanagar Gas is ₹12671.5 Cr As on 13 May, 2024 | 09:58

What is the P/E ratio of Mahanagar Gas ?

The P/E ratio of Mahanagar Gas is As on 13 May, 2024 | 09:58

What is the PB ratio of Mahanagar Gas ?

The PB ratio of Mahanagar Gas is 2.5 As on 13 May, 2024 | 09:58

Q2FY23