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Mahanagar Gas Limited
MGL | BSE
1,041.60
INR8.50
0.82%
MGL | BSE
About Mahanagar Gas Limited
Sector
Utilities
Industry
Utilities-Regulated Gas
Earnings date
30/09/2023
As of date
30/11/2023
Close
1,041.60
Open
1,037.05
High
1,050.00
Low
1,026.20
Mahanagar Gas Limited operates as a natural gas distribution company in India. The company provides domestic piped natural gas (PNG) commercial PNG industrial PNG and compressed natural gas (CNG) as well as manufactures gas geysers. It operates 290 CNG filing stations that provides gas to approximately 8.5 lakh vehicles with 1738 dispensing points; 550 km of steel pipeline and approximately 5670 km of MDPE pipeline; and 4339 commercial and industrial customers. The company's PNG is used for various applications such as cooking and water heating as well as in hospitals nursing homes hotels flight kitchens restaurants places of worship etc. Mahanagar Gas Limited was incorporated in 1995 and is based in Mumbai India.
View LessMGL | BSE
Risk
20.0%
Sharpe
0.42
Luna's Score
79/100
Recommendation
Buy
Luna says (MGL | BSE)
What's Working
Positive Momentum
Strength based on increasing price with high volume
Low 6-Month Volatility (<30%)
Strong P/E, and PEG ratio indicator
Good Dividend Yield (2% <= Dividend Yield <= 8%)
Low Market Beta (-0.4 to 0.8)
Low Debt to Equity (< 0.25)
Low Debt to Asset (< 0.2)
Value Stock (Price to Book < 3)
Strong Operating Margin (> 25%)
What's not Working
Smallcap (300M - 2B USD)
Volatility Signals
Bearish: Increased Volatility (6-month > 1-month volatility)
Risk Meter
10 days
12.6%1 month
20.0%3 months
31.8%6 months
28.6%Return
Fundamental Ratios
PE
8.82
Fwd. PE
11.39
Price to book
2.27
Debt to equity
0.02
Debt to assets
0.02
Ent. to EBITDA
7.61
Ent. to rev.
1.41
PEG
0
Other Fundamentals
EBITDA
16.22B
MarketCap
102.90B
MarketCap(USD)
1.23B
Div. yield
2.54
Op. margin
26.30
Erngs. growth
106.40
Rev. growth
0.50
Ret. on equity
27.09
Short ratio
0
Short perc.
0
Market Sentiment (SMA and Price signals)
Short-term: Bearish (SMA10D < SMA1M)
Intermediate-term: Bearish (SMA1M < SMA3M)
Long-term: Bullish (SMA6M > SMA12M)
SMAs: Stock Price Trends
Range10D
52.95
Range1M
71.90
Range3M
172.80
Volumes: Market Activity
Rel. volume
1.28
Price X volume
15.81M
