Current price is less than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

Returns vs FD rates

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Mahanagar Gas Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 8846.04 Crore) operating in Gas & Petroleum sector.

Sell Mahanagar Gas, target price Rs 860: ICICI Direct

Oil marketing companies have reached settlement with city gas distributors on revised compensation for OMC outlets. Here's an excerpt from our conversation with Rajesh Patel of Mahanagar Gas Limited from last week.

#CNBCTV18 #BusinessNews #ShareMarketToday #Nifty #Sensex #RajeshPatel #MahanagarGas

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Rajesh Patel Of Mahanagar Gas On Guidelines To OMCs For Trade Margins | Midcap Radar | CNBC-TV18

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Mahanagar Gas is in focus with the company recently hiking CNG prices by Rs 4 per kg. This is the third hike we have seen in the last six weeks as global prices continue to remain high. 

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Mahanagar Gas hikes CNG prices by Rs 4/kg

The price of CNG is now Rs 61.50 per kilogram after Mahanagar Gas Limited raised the price by Rs 3.96 last week.

Mumbai taxi unions demand Rs 5 hike in fares as prices of CNG go up

Mahanagar Gas Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 9287.09 Crore) operating in Gas & Petroleum sector.

Sell Mahanagar Gas, target price Rs 895: ICICI Direct

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Mahanagar Gas और Interglobe Aviation पर आज खरीदारी पर experts से जानें सलाह, जानें कैसे इन Stocks पर करें खरीदारी और कैसे बनाएं रणनीति, देखें वीडियो
 
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Mahanagar Gas और Interglobe Aviation पर आज खरीदारी से पहले आज बनाएं सलाह | CNBC Awaaz

Mahanagar Gas Standalone September 2021 Net Sales At Rs 907.57 Crore, Up 65.33% Y-o-Y

Prabhudas Lilladher is bullish on Mahanagar Gas has recommended buy rating on the stock with a target price of Rs 1345 in its research report dated October 27, 2021.

Buy Mahanagar Gas; Target Of Rs 1345: Prabhudas Lilladher

Motilal Oswal is bullish on Mahanagar Gas recommended buy rating on the stock with a target price of Rs 1200 in its research report dated October 27, 2021.

Buy Mahanagar Gas; Target Of Rs 1200: Motilal Oswal

Mahanagar Gas reported 41.5% rise in net profit to Rs 204.29 crore on a 63.8% increase in net sales to Rs 830.14 crore in Q2 FY22 over Q2 FY21.

Mahanagar Gas Q2 PAT up 42% YoY to Rs 204 crore

Net Sales at Rs 907.57 crore in September 2021 up 65.33% from Rs. 548.95 crore in September 2020. Mahanagar Gas EPS has increased to Rs. 20.68 in September 2021 from Rs. 14.61 in September 2020. Mahanagar Gas shares closed at 980.85 on October 25, 2021 (NSE) and has given -11.05% returns over the last 6 months and 19.62% over the last 12 months.



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CNBC-TV18 is India's No.1 Business medium and the undisputed leader in business news. The channel's benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. India's most able business audience consumes CNBC-TV18 for their information & investing needs. This audience is highly diversified at one level comprising of key groups such as business leaders, professionals, retail investors, brokers and traders, intermediaries, self-employed professionals, High Net Worth individuals, students and even homemakers but shares a distinct commonality in terms of their spirit of enterprise.

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Mahanagar Gas Limited Reports Q2 Results, Net Sales At ₹907.57 Crore | Bazaar Morning Call

Mahanagar Gas Limited is a natural gas distribution company. The Company is engaged in the distribution of compressed natural gas (CNG) and piped natural gas (PNG) in Mumbai and its adjoining areas.

Mahanagar Gas Ltd

Mahanagar Gas Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Sell Mahanagar Gas, target price Rs 860: ICICI Direct

News Video

Rajesh Patel Of Mahanagar Gas On Guidelines To OMCs For Trade Margins | Midcap Radar | CNBC-TV18

News Video

Mahanagar Gas hikes CNG prices by Rs 4/kg

Mumbai taxi unions demand Rs 5 hike in fares as prices of CNG go up

Sell Mahanagar Gas, target price Rs 895: ICICI Direct

News Video

Mahanagar Gas और Interglobe Aviation पर आज खरीदारी से पहले आज बनाएं सलाह | CNBC Awaaz

Mahanagar Gas Standalone September 2021 Net Sales At Rs 907.57 Crore, Up 65.33% Y-o-Y

Buy Mahanagar Gas; Target Of Rs 1345: Prabhudas Lilladher

Buy Mahanagar Gas; Target Of Rs 1200: Motilal Oswal

Mahanagar Gas Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Sell Mahanagar Gas, target price Rs 860: ICICI Direct

News Video

Rajesh Patel Of Mahanagar Gas On Guidelines To OMCs For Trade Margins | Midcap Radar | CNBC-TV18

News Video

Mahanagar Gas hikes CNG prices by Rs 4/kg

Mumbai taxi unions demand Rs 5 hike in fares as prices of CNG go up

Sell Mahanagar Gas, target price Rs 895: ICICI Direct

News Video

Mahanagar Gas और Interglobe Aviation पर आज खरीदारी से पहले आज बनाएं सलाह | CNBC Awaaz

Mahanagar Gas Standalone September 2021 Net Sales At Rs 907.57 Crore, Up 65.33% Y-o-Y

Buy Mahanagar Gas; Target Of Rs 1345: Prabhudas Lilladher

Buy Mahanagar Gas; Target Of Rs 1200: Motilal Oswal

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock