Mumbai CNG crisis update: Maharashtra government-owned natural gas provider Mahanagar Gas on 18 November 2025, announced that the company has successfully restored the damage to the gas pipeline at the RCF Trombay facility.
1 min read18 Nov 2025Prashanth Tapse recommends buying these four stocks in the short term - Nestle India Ltd, Mahanagar Gas Ltd (MGL), Federal Bank Ltd, and Union Bank of India.
3 min read8 Aug 2025Q1 Results: Mahanagar Gas reported a consolidated net profit of ₹317.89 attributed to the owners of the company, marking a 10% increase compared to ₹288.78 crore in the year-ago quarter. Stock price gained 3%
1 min read22 Jul 2025Indian stock market maintained momentum, with the Sensex and Nifty 50 rising amid favourable global conditions. The Nifty 50 broke out of consolidation, indicating a bullish trend. Analysts recommend stocks like TVS Motor and Mahanagar Gas due to strong performance and consolidation breakouts.
3 min read28 Jun 2025Stock Picks: Sagar Doshi of Nuvama Professional Clients Group recommends these three stocks today - Kaynes Technology, Mahanagar Gas, and Hero MotoCorp shares.
2 min read18 Jun 2025Any sudden government decision to cut APM gas allocation or a reversal in crude price trend, may hurt sentiments.
2 min read10 Jun 2025Mahanagar Gas has experienced a 30% share price decline due to margin pressures and APM de-allocations. Motilal Oswal projects a positive shift in fundamentals, citing lower crude prices and new gas contracts, forecasting a 10% volume CAGR over FY25-27 with a price target of ₹1,760.
2 min read10 Jun 2025Dividend Stocks: Bank of Baroda, HPCL, Polycab and Mahanagar Gas are among the key companies that will consider dividend announcements today. Other prominent companies to consider dividends include Kajaria Ceramics Limited, Radico Khaitan Limited, and Paradeep Phosphates Limited.
1 min read6 May 2025According to the HDFC Securities, MGL and IGL are trading at 10.7x and 14.9x March-26E EPS, respectively, representing a 16% and 23% discount to their five-year averages, despite a strong volume growth outlook in the medium term.
2 min read20 Mar 2025The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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