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Mahanagar Gas Limited
MGL | NSE
1,089.10
INR14.70
1.37%
MGL | NSE
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About Mahanagar Gas Limited
Sector
Utilities
Industry
Utilities-Regulated Gas
Earnings date
31/03/2024
As of date
05/06/2026
Close
1,089.10
Open
1,084.90
High
1,107.90
Low
1,075.40
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 | NSE
Risk
34.0
Sharpe
-0.74
Luna's Score
58/100
Recommendation
Hold
Luna says (MGL | NSE)
What's Working
Strength based on increasing price with high volume
Low Market Beta (-0.4 to 0.8)
Low Debt to Equity (< 0.25)
Low Debt to Asset (< 0.2)
What's not Working
Smallcap (300M - 2B USD)
Weak Sharpe Ratio (< 0.3)
Volatility Signals
Bearish: Increased Volatility (6-month > 1-month volatility)
Risk Meter
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10 days
20.7%1 month
34.0%3 months
33.2%6 months
34.6%Returns
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Fundamental Ratios
PE
13.05
Fwd. PE
11.39
Price to book
3.39
Debt to equity
0.03
Debt to assets
0.02
Ent. to EBITDA
7.98
Ent. to rev.
2.57
PEG
-
Other Fundamentals
EBITDA
17.49B
MarketCap
119.81B
MarketCap(USD)
1.26B
Div. yield
1.90
Op. margin
21.22
Erngs. growth
-21.60
Rev. growth
8.30
Ret. on equity
27.54
Short ratio
-
Short perc.
-
Market Sentiment (SMA and Price signals)
Short-term: Bearish (SMA10D < SMA1M)
Intermediate-term: Bullish (SMA1M > SMA3M)
Long-term: Bearish (SMA6M < SMA12M)
SMAs: Stock Price Trends
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Range10D
84.30
Range1M
166.70
Range3M
290.70
Volumes: Market Activity
Volume Averages
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Rel. volume
1.23
Price X volume
331.62M
Peers
Diversifiers
Industry Comparison
| Parameter | Company | Industry | Indicator |
|---|---|---|---|
| Enterprise to EBITDA | 7.98 | 30.29 | Cheaper |
| Ent. to Revenue | 2.57 | 6.33 | Cheaper |
| PE Ratio | 13.05 | 51.92 | Cheaper |
| Price to Book | 3.39 | 8.99 | Cheaper |
| Dividend Yield | 1.90 | 2.10 | Par |
| Std. Deviation (3M) | 33.23 | 40.88 | Par |
| Debt to Equity | 0.03 | 0.14 | Cheaper |
| Debt to Assets | 0.02 | 0.08 | Cheaper |
| Market Cap | 119.81B | 572.38B | Emerging |
