Mahanagar Gas Limited
NSE: MGL | Information Technology
Market Fundamentals
Stock Intelligence & News
MGL rides PNG adoption wave, analysts see further upside
Mahanagar Gas shares have surged on government's push for piped natural gas adoption, aiming for a 20% customer base increase. This move is expected to significantly boost PNG consumption and accelerate volume growth. Despite a recent rally, the stock's valuation remains attractive, with analysts predicting future earnings growth and potential for a re-rating as margin pressures ease.
Read Full Analysis โCNG, PNG Gets Costlier In Mumbai As Prices Jump For Second Time In 15 Days: Check New Rates
It is the second upward revision in CNG prices by MGL in recent weeks.
Read Full Analysis โMahanagar Gas Ends All Schemes, Subsidies For Commercial Customers Citing Global Headwinds
MGL expressed regret over the inconvenience caused to customers.
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Gas Stocks Dip: MGL, IGL Shares Fall Over 3% After CNG Price Hike In Delhi
Both MGL and IGL shares dropped over 3% trading at Rs 1030.1 and Rs 150.31 apiece respectively after CNG prices were increased.
Read Full Analysis โQ4 Results Live Updates: BSE, MGL, Britannia And IGL To Share Report Earnings Today
BSE, MGL, Britannia and IGL are among the companies to report Q4 earnings today.
Read Full Analysis โQ4 Results Today: BSE, Dabur, Britannia, Biocon, MGL Among Over 100 Firms To Declare Earnings On May 7
Indraprastha Gas, Bharat Forge, ACME Solar Holdings, Karur Vysya Bank and CarTrade Tech are among the key firms that will declare quarterly results today.
Read Full Analysis โIGL, MGL Q4 Results: Date, Dividend News, Earnings Call Details And All You Need To Know
IGL, MGL quarterly results date: A meeting of the Board of Directors of both companies is scheduled on May 7.
Read Full Analysis โBuy or sell: Gift Nifty signals muted opening; Vaishali Parekh recommends three stocks to buy today โ 17 April 2026
Buy or sell stocks on 17 April 2026: Vaishali Parekh recommends three stocks to buy today โ MGL, NCC, SJVN
Read Full Analysis โMGL Offers Free Gas To New Residential Users, Assures Uninterupted Supply
The company said it has taken measures to maintain consistent supply.
Read Full Analysis โOil And Gas Stocks To Buy: From MGL To IGL On Systematix List; Gulf Oil Among Top Pick โ Check Target Price
The brokerage notes thatrecent strike at energy facilities including, upstream and refining assets across the Gulf countriescould lead to a further spike in crude prices and disruption in supply volumes.
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What is the current trend for MGL?
MGL is currently showing a volatility profile consistent with its sector peers, with sentiment being actively monitored by Alerfo news scanners.
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