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MGLMahanagar Gas Limited

Energy · Utilities - Regulated Gas · NSE · as of 2026-07-20 (delayed ~30 min in market hours)

1,090.90
0.86%
41Weak

Price & Volume

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Key Ratios

Market Cap (₹ cr)11,095.70
P/E13.19
P/B1.73
PEG
ROE %13.63
ROCE %15.60
Debt / Equity0.03
EPS85.14
Revenue Growth %4.50
Profit Growth %-47.40
Dividend Yield %2.71
Promoter Holding %42.50
FII Holding %30.75
DII Holding %
Beta0.71

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

None of the 16 pattern scanners currently detects a setup on MGL — signals appear here automatically when one forms (checked on every data refresh). The Trade Plan on the right always provides stop-loss and target levels regardless.

HOLDConviction 62%

The picture

  • Debt/Equity: 0.03
  • Valuation vs sector: P/E 13.2 vs sector 21.7
  • Dividend yield: 2.71%
  • 6-month vs NIFTY: +10.8% relative
  • Volatility: 30% annualized
  • Beta: 0.71

Bull case

  • Debt/Equity: 0.03
  • Valuation vs sector: P/E 13.2 vs sector 21.7
  • Dividend yield: 2.71%
  • 6-month vs NIFTY: +10.8% relative

Bear case

  • Revenue growth: 4.5% YoY
  • Profit growth: -47.4% YoY
  • MACD: bearish
  • Price vs EMA21: below

Key risks

  • Momentum is fading versus the broader market
  • Revenue growth: 4.5% YoY
  • Profit growth: -47.4% YoY

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹1,090.90
Stop Loss
₹1,071.67
risk 1.8%
Target 1 (1.5R)
₹1,119.74
+2.6%
Target 2 (3R)
₹1,148.58
+5.3%
Support (20d)
₹1,082.50
Resistance (52w)
₹1,525.03
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹19.23/share
ATR (volatility)
₹30.06
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹30.06). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental
54
Technical
24
Momentum
29
Risk (safety)
66

Peers — Energy

GANDHAR 9.81%
79
CHENNPETRO 1.12%
77
AEGISLOG 2.58%
75
PANAMAPET 8.43%
71
OIL 4.18%
68
ASIANENE 0.29%
68

About

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.