Mahanagar Gas
Mahanagar Gas Performance
Day Range
- Low 1,064.00
- High 1,112.95
52 Week Range
- Low 820.10
- High 1,152.00
- Open Price1,075.00
- Previous Close1,063.10
- Volume825132
Start SIP in Mahanagar Gas
Start SIPMahanagar Gas Investment Rating
-
Master Rating:
-
Mahanagar Gas has an operating revenue of Rs. 6,700.99 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 key moving averages, around 0% and 3% from 50DMA and 200DMA. It needs to stay above these levels to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 4% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 90 which is a GREAT score indicating consistency in earnings, a RS Rating of 40 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 143 indicates it belongs to a poor industry group of Utility-Gas Distribution and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. 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 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
---|---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 1,729 | 1,690 | 1,610 | 1,671 | 1,563 | 1,455 | 1,087 |
Operating Expenses Qtr Cr | 1,250 | 1,169 | 1,221 | 1,415 | 1,310 | 1,169 | 871 |
Operating Profit Qtr Cr | 479 | 521 | 390 | 256 | 253 | 286 | 215 |
Depreciation Qtr Cr | 66 | 62 | 64 | 59 | 55 | 54 | 56 |
Interest Qtr Cr | 2 | 3 | 2 | 2 | 2 | 2 | 2 |
Tax Qtr Cr | 116 | 127 | 88 | 55 | 57 | 64 | 49 |
Net Profit Qtr Cr | 339 | 368 | 269 | 172 | 164 | 185 | 132 |
Mahanagar Gas Technicals
EMA & SMA

- Bullish Moving Average
- ___
- 16
- Bearish Moving Average
- ___
- 0
- 20 Day
- ₹1,045.99
- 50 Day
- ₹1,047.91
- 100 Day
- ₹1,043.44
- 200 Day
- ₹1,015.90
- 20 Day
- ₹1,043.16
- 50 Day
- ₹1,054.77
- 100 Day
- ₹1,052.22
- 200 Day
- ₹1,026.16
Mahanagar Gas Resistance and Support
Resistance | |
---|---|
First Resistance | 1,119.80 |
Second Resistance | 1,140.85 |
Third Resistance | 1,168.75 |
RSI | 66.63 |
MFI | 73.29 |
MACD Single Line | -3.73 |
MACD | 2.33 |
Support | |
---|---|
First Resistance | 1,070.85 |
Second Resistance | 1,042.95 |
Third Resistance | 1,021.90 |
Mahanagar Gas Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 851,160 | 35,663,604 | 41.9 |
Week | 422,073 | 16,562,145 | 39.24 |
1 Month | 303,386 | 13,767,666 | 45.38 |
6 Month | 530,456 | 19,637,468 | 37.02 |
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 | 10,853 |
Sales | 6,701 |
Shares in Float | 6.72 |
No of funds | 266 |
Yield | 2.45 |
Book Value | 2.62 |
U/D Vol ratio | 0.9 |
LTDebt / Equity | |
Alpha | 0.04 |
Beta | 0.9 |
Mahanagar Gas
Owner Name | Sep-23 | Jun-23 | Mar-23 | Dec-22 |
---|---|---|---|---|
Promoters | 32.5% | 32.5% | 32.5% | 32.5% |
Mutual Funds | 1.7% | 2.15% | 1.81% | 2.44% |
Insurance Companies | 13.8% | 12.64% | 13.07% | 13.1% |
Foreign Portfolio Investors | 30.51% | 32.38% | 30.95% | 29.73% |
Financial Institutions/ Banks | ||||
Individual Investors | 9.26% | 8.62% | 9.94% | 10.57% |
Others | 12.23% | 11.71% | 11.73% | 11.66% |
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
Mahanagar Gas Corporate Action
Date | Purpose | Remarks |
---|---|---|
2023-10-27 | Quarterly Results | |
2023-08-03 | Quarterly Results | |
2023-05-08 | Audited Results & Final Dividend | |
2023-02-02 | Quarterly Results & Interim Dividend | |
2022-11-11 | Quarterly Results |
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 ₹1,098 As on 05 December, 2023 | 08:33
What is the Market Cap of Mahanagar Gas ?
The Market Cap of Mahanagar Gas is ₹10853.2 Cr As on 05 December, 2023 | 08:33
What is the P/E ratio of Mahanagar Gas ?
The P/E ratio of Mahanagar Gas is 9.5 As on 05 December, 2023 | 08:33
What is the PB ratio of Mahanagar Gas ?
The PB ratio of Mahanagar Gas is 2.6 As on 05 December, 2023 | 08:33