Mahanagar Gas
Mahanagar Gas Performance
Day Range
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- High
52 Week Range
- Low
- High
- Open Price
- Previous Close
- Volume
Start SIP in Mahanagar Gas
Start SIPMahanagar Gas Investment Rating
-
Master Rating:
-
Mahanagar Gas has an operating revenue of Rs. 6,759.63 Cr. on a trailing 12-month basis. An annual revenue growth of 76% is outstanding, Pre-tax margin of 17% is great, ROE of 19% 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 trading close to its 50DMA and comfortably placed above its 200DMA, around 14% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 92 which is a GREAT score indicating consistency in earnings, a RS Rating of 72 which is FAIR indicating the recent price performance, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 176 indicates it belongs to a poor industry group of Utility-Gas Distribution and a Master Score of B is close to being the best. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 1,610 | 1,838 | 1,718 | 1,593 | 1,188 |
| Operating Expenses Qtr Cr | 1,221 | 1,582 | 1,465 | 1,308 | 972 |
| Operating Profit Qtr Cr | 390 | 256 | 253 | 286 | 215 |
| Depreciation Qtr Cr | 64 | 59 | 55 | 54 | 56 |
| Interest Qtr Cr | 2 | 2 | 2 | 2 | 2 |
| Tax Qtr Cr | 88 | 55 | 57 | 64 | 49 |
| Net Profit Qtr Cr | 269 | 172 | 164 | 185 | 132 |
Mahanagar Gas Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 7
- Bearish Moving Average
- ___
- 9
- 20 Day
- ₹1039.78
- 50 Day
- ₹1012.15
- 100 Day
- ₹972.13
- 200 Day
- ₹929.4
- 20 Day
- ₹1047.94
- 50 Day
- ₹1012.98
- 100 Day
- ₹955.17
- 200 Day
- ₹908.6
Mahanagar Gas Resistance and Support
| Resistance | |
|---|---|
| First Resistance | ₹1065.84 |
| Second Resistance | ₹1093.87 |
| Third Resistance | ₹1111.74 |
| RSI | 51.34 |
| MFI | 61.82 |
| MACD Single Line | 11.75 |
| MACD | 10.57 |
| Support | |
|---|---|
| First Resistance | ₹1019.94 |
| Second Resistance | ₹1002.07 |
| Third Resistance | ₹974.04 |
Mahanagar Gas Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 588,053 | 17,371,086 | 29.54 |
| Week | 409,495 | 19,807,254 | 48.37 |
| 1 Month | 777,155 | 20,167,164 | 25.95 |
| 6 Month | 513,897 | 14,358,287 | 27.94 |
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. 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 | 10,162 |
| Sales | 6,760 |
| Shares in Float | 6.72 |
| No of funds | 230 |
| Yield | 2.51 |
| Book Value | 2.48 |
| U/D Vol ratio | 1.2 |
| LTDebt / Equity | |
| Alpha | 0.1 |
| Beta | 1.03 |
Mahanagar Gas
| Owner Name | Mar-23 | Dec-22 | Sep-22 | Jun-22 |
|---|---|---|---|---|
| Promoters | 32.5% | 32.5% | 32.5% | 32.5% |
| Mutual Funds | 1.81% | 2.44% | 2.59% | 2.76% |
| Insurance Companies | 13.07% | 13.1% | 12.89% | 13.16% |
| Foreign Portfolio Investors | 30.95% | 29.73% | 28.37% | 25.81% |
| Financial Institutions/ Banks | ||||
| Individual Investors | 9.94% | 10.57% | 11.66% | 13.28% |
| Others | 11.73% | 11.66% | 11.99% | 12.49% |
Mahanagar Gas Management
| Name | Designation |
|---|---|
| Mr. Manoj Jain | Chairman |
| Mr. Sanjib Datta | Managing Director |
| Mr. Sanjay Shende | Deputy Managing Director |
| Mr. Syed S Hussain | Independent Director |
| Ms. Malvika Sinha | Independent Director |
| Mr. Rajeev Bhaskar Sahi | Independent Director |
| Mr. Venkatraman Srinivasan | Independent Director |
| Mr. Baldev Singh | Nominee Director |
Mahanagar Gas Forecast
Price Estimates
Mahanagar Gas Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2023-05-08 | Audited Results & Final Dividend | |
| 2023-02-02 | Quarterly Results & Interim Dividend | |
| 2022-11-11 | Quarterly Results | |
| 2022-08-06 | Quarterly Results | |
| 2022-05-10 | Audited Results & Final Dividend |
| Date | Purpose | Remarks |
|---|---|---|
| 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 ₹1028 As on 05 June, 2023 | 16:16
What is the Market Cap of Mahanagar Gas ?
The Market Cap of Mahanagar Gas is ₹10163.2 Cr As on 05 June, 2023 | 16:16
What is the P/E ratio of Mahanagar Gas ?
The P/E ratio of Mahanagar Gas is 12.9 As on 05 June, 2023 | 16:16
What is the PB ratio of Mahanagar Gas ?
The PB ratio of Mahanagar Gas is 2.5 As on 05 June, 2023 | 16:16