Mahanagar Gas Ltd (MGAS)

Currency in INR
1,320.20
+29.00(+2.25%)
Closed·
MGAS Scorecard
Full Analysis
Holds more cash than debt on its balance sheet
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Fair Value
Day's Range
1,290.801,328.00
52 wk Range
1,075.251,988.00
Key Statistics
Bid/Ask
1,320.20 / 1,317.90
Prev. Close
1,291.2
Open
1,294
Day's Range
1,290.8-1,328
52 wk Range
1,075.25-1,988
Volume
534.6K
Average Volume (3m)
662.69K
1-Year Change
-26.79%
Fair Value
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Fair Value Upside
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Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
1,550.69
Upside
+17.46%
Members' Sentiments
Bearish
Bullish
ProTips
Has raised its dividend for 3 consecutive years

Mahanagar Gas Ltd News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Neutral
Technical Indicators
Strong Buy
Moving Averages
Sell

Mahanagar Gas Ltd Company Profile

Mahanagar Gas Limited operates as a natural gas distribution company in India. The company supplies piped natural gas (PNG) to domestic households for cooking and water heating, as well as for nursing homes, flight kitchens, and places of worship; commercial establishments, including hospitals, hotels, restaurants, and charitable trusts; and industries, such as metals, pharmaceuticals, printing and dyeing, food and beverages, oil mills, FMCG product manufacturers, power generation, and air-conditioning. It also provides compressed natural gas to transport sector. In addition, it engages in sale of pipes and fittings required for construction of pipeline infrastructure. Further, the company supplies liquefied natural gas to heavy motor vehicles. The company operates 385 CNG filling stations with 2,399 dispensing points; 652 kilometers of steel pipeline; and 6887 kilometers of poly-ethylene pipeline. Mahanagar Gas Limited was incorporated in 1995 and is based in Mumbai, India.

Sector
Utilities
Employees
579
Market
India

Compare MGAS to Peers and Sector

Metrics to compare
MGAS
Peers
Sector
Relationship
P/E Ratio
12.2x9.7x12.2x
PEG Ratio
−1.150.020.02
Price/Book
2.2x1.0x1.3x
Price / LTM Sales
1.7x0.7x1.6x
Upside (Analyst Target)
19.7%14.2%12.3%
Fair Value Upside
Unlock6.3%3.7%Unlock

Analyst Ratings

19 Buy
4 Hold
6 Sell
Ratings:
29 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 1,550.69
(+17.46% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 108.28%
Dividend Yield
2.27%
Industry Median 2.49%
Annualised payout
30.00
Paid unevenly
5-Years Growth
-
Growth Streak

Earnings

Latest Release
Jul 22, 2025
EPS / Forecast
32.50 / 26.76
Revenue / Forecast
18.63B / 18.94B
EPS Revisions
Last 90 days

MGAS Income Statement

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FAQ

What Stock Exchange Does Mahanagar Gas Trade On?

Mahanagar Gas is listed and trades on the India National Stock Exchange stock exchange.

What Is the Stock Symbol for Mahanagar Gas?

The stock symbol for Mahanagar Gas is "MGAS."

What Is the Mahanagar Gas Market Cap?

As of today, Mahanagar Gas market cap is 130.41B.

What Is Mahanagar Gas's Earnings Per Share (TTM)?

The Mahanagar Gas EPS (TTM) is 108.28.

When Is the Next Mahanagar Gas Earnings Date?

Mahanagar Gas will release its next earnings report on 22 Oct 2025.

From a Technical Analysis Perspective, Is MGAS a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

How Many Times Has Mahanagar Gas Stock Split?

Mahanagar Gas has split 0 times.

How Many Employees Does Mahanagar Gas Have?

Mahanagar Gas has 579 employees.

What is the current trading status of Mahanagar Gas (MGAS)?

As of 09 Aug 2025, Mahanagar Gas (MGAS) is trading at a price of 1,320.20, with a previous close of 1,291.20. The stock has fluctuated within a day range of 1,290.80 to 1,328.00, while its 52-week range spans from 1,075.25 to 1,988.00.

What Is Mahanagar Gas (MGAS) Price Target According to Analysts?

The average 12-month price target for Mahanagar Gas is INR1550.68966, with a high estimate of INR1981 and a low estimate of INR1100. 19 analysts recommend buying the stock, while 6 suggest selling, leading to an overall rating of Buy. The stock has an +17.46% Upside potential.
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