Mahanagar Gas Limited
NSE: MGL | Information Technology
Market Fundamentals
Stock Intelligence & News
IGL, MGL, Adani Total Gas shares rally up to 6% as govt boosts domestic PNG push
City gas distributor stocks rallied after the government approved an incentive scheme to accelerate domestic PNG connections from September 1. Mahanagar Gas, IGL, Adani Total Gas rose as the scheme aims to expand active piped gas connections and promote cleaner, safer and affordable cooking fuel.
Read Full Analysis →IGL, MGL to Adani Total Gas: City gas distributor stocks rise up to 4%; here's why
The rally in the stocks came in after the government cleared an incentive scheme to boost domestic piped natural gas (PNG) connections.
Read Full Analysis →Bonus, stock splits & dividends: Bandhan Bank, MGL, Mazagon Dock among nearly 100 stocks turning ex-record date this week
In the upcoming week, nearly one hundred companies have announced record dates for dividends, making it crucial for investors to hold shares prior to these dates for eligibility in corporate actions. Notably, companies like Bandhan Bank and LIC Housing Finance are part of this corporate movement, which includes dividend payments, bonus issues, and stock splits, reflecting significant adjustments across the market.
Read Full Analysis →AI-Powered Alerts for Your Portfolio
Alerfo's AI classifies every news event by type, severity, and market impact — then instantly notifies you via Email & WhatsApp only for the stocks you track.
Stock Picks Today: Swiggy, M&M, MGL, Westlife Foodworld, Tata Steel, And More On Brokerages' Radar
Brokerages' Radar
Read Full Analysis →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 →CNG, 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 →Mahanagar Gas Ends All Schemes, Subsidies For Commercial Customers Citing Global Headwinds
MGL expressed regret over the inconvenience caused to customers.
Read Full Analysis →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 →Q4 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 →Q4 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 →Get instant alerts when MGL breaks news
Join investors who track Mahanagar Gas Limited on Alerfo — free plan available.
Set Free Alert →Frequently Asked Questions
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.
How can I set alerts for Mahanagar Gas Limited?
You can set real-time price and news alerts by registering on the Alerfo platform and adding MGL to your custom watchlist.