Mahanagar Gas Ltd. engages in the sale and distribution of natural gas. Its businesses include Domestic PNG, Commercial PNG, CNG, Industrial PNG, and Gas Geysers. The company was founded on May 8, 1995, and is headquartered in Mumbai, India.
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Frequently Asked Questions
The current price of MGL is 1,311.40 INR — it has decreased by −2.86% in the past 24 hours. Watch MAHANAGAR GAS LIMITED stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange MAHANAGAR GAS LIMITED stocks are traded under the ticker MGL.
MGL stock has fallen by −4.51% compared to the previous week, the month change is a −27.71% fall, over the last year MAHANAGAR GAS LIMITED has showed a 25.49% increase.
We've gathered analysts' opinions on MAHANAGAR GAS LIMITED future price: according to them, MGL price has a max estimate of 2,320.00 INR and a min estimate of 1,100.00 INR. Watch MGL chart and read a more detailed MAHANAGAR GAS LIMITED stock forecast: see what analysts think of MAHANAGAR GAS LIMITED and suggest that you do with its stocks.
MGL reached its all-time high on Sep 25, 2024 with the price of 1,988.55 INR, and its all-time low was 493.20 INR and was reached on Jul 13, 2016. View more price dynamics on MGL chart. See other stocks reaching their highest and lowest prices.
MGL stock is 2.53% volatile and has beta coefficient of 1.34. Track MAHANAGAR GAS LIMITED stock price on the chart and check out the list of the most volatile stocks — is MAHANAGAR GAS LIMITED there?
Today MAHANAGAR GAS LIMITED has the market capitalization of 131.38 B, it has increased by 2.28% over the last week.
MAHANAGAR GAS LIMITED is going to release the next earnings report on Feb 11, 2025. Keep track of upcoming events with our Earnings Calendar.
MGL earnings for the last quarter are 28.60 INR per share, whereas the estimation was 28.80 INR resulting in a −0.70% surprise. The estimated earnings for the next quarter are 27.89 INR per share. See more details about MAHANAGAR GAS LIMITED earnings.
MAHANAGAR GAS LIMITED revenue for the last quarter amounts to 17.12 B INR, despite the estimated figure of 16.53 B INR. In the next quarter, revenue is expected to reach 16.78 B INR.
MGL net income for the last quarter is 2.84 B INR, while the quarter before that showed 2.89 B INR of net income which accounts for −1.82% change. Track more MAHANAGAR GAS LIMITED financial stats to get the full picture.
MAHANAGAR GAS LIMITED dividend yield was 2.20% in 2023, and payout ratio reached 23.22%. The year before the numbers were 2.64% and 32.51% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Nov 14, 2024, the company has 2.23 K employees. See our rating of the largest employees — is MAHANAGAR GAS LIMITED on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. MAHANAGAR GAS LIMITED EBITDA is 16.94 B INR, and current EBITDA margin is 29.71%. See more stats in MAHANAGAR GAS LIMITED financial statements.
Like other stocks, MGL shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade MAHANAGAR GAS LIMITED stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So MAHANAGAR GAS LIMITED technincal analysis shows the strong sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating MAHANAGAR GAS LIMITED stock shows the neutral signal. See more of MAHANAGAR GAS LIMITED technicals for a more comprehensive analysis. If you're still not sure, try looking for inspiration in our curated watchlists.