Current price is less than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE 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

Chemplast Sanmar, Asahi India Glass and Mahanagar Gas shares have given 8-19 per cent gain, beating Nifty’s 2.7 per cent rise

Three stocks that bettered the market this week

CNG now costs Rs 75.61/kg in Delhi NCR, according to Indraprastha Gas’ website. Mahanagar Gas has priced CNG at Rs 76/kg in Mumbai.

CNG Price Hiked By Rs 2/Kg, Rates Up By Rs 19.60/Kg In Two Months

Rajesh Patel, CFO at Mahanagar Gas shares his views on the firm's Q4 results. 

#BusinessNews #BusinessNewsToday #BusinessNewsInEnglish #ShareMarketToday

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Rajesh Patel Of Mahanagar Gas Speaks On The Q4 Results Of Firm | Bazaar Corporate Radar | CNBC TV18

Prabhudas Lilladher is bullish on Mahanagar Gas has recommended buy rating on the stock with a target price of Rs 1103 in its research report dated May 11, 2022.

Buy Mahanagar Gas; target of Rs 1103: Prabhudas Lilladher

Results Review for Torrent Power, BSE, Mahanagar Gas, Birla Corporation, Zensar

Mahanagar Gas Q4 Review - Subdued Volumes With Better Realisations, Timely Price Revisions: Dolat Capital

Mahanagar Gas (MGL) reported 38.1% fall in net profit to Rs 131.80 crore on a 51.4% increase in net revenue from operations to Rs 1,086.77 crore in Q4 FY22 over Q4 FY21.

MGL Q4 PAT down 38% YoY to Rs 132 crore

Mahanagar Gas Standalone March 2022 Net Sales at Rs 1,187.60 crore, up 51.47% Y-o-Y

Asian Paints, Cipla, Vodafone Idea, Gujarat Gas, Ajanta Pharma, Cera Sanitaryware, Chalet, Electrosteel Castings, Kansai Nerolac Paints, Max Financial Services, Mahanagar Gas, Reliance Capital, Torrent Power are among the companies due to announce quarterly results today

Stocks to Watch: RIL, Asian Paints, HCL Tech, JSW Group, NTPC, Adani Ports

CD Equisearch is bullish on Mahanagar Gas recommended buy rating on the stock with a target price of Rs 1012 in its research report dated May 04, 2022.

Buy Mahanagar Gas; target of Rs 1012: CD Equisearch

Net Sales are expected to increase by 58.7 percent Y-o-Y (up 10.8 percent Q-o-Q) to Rs. 1,244.1 crore, according to ICICI Direct.

Mahanagar Gas Q4 PAT may dip 47.1% YoY to Rs. 112.6 cr: ICICI Direct

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

ROE 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 long term average ROE 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

Three stocks that bettered the market this week

CNG Price Hiked By Rs 2/Kg, Rates Up By Rs 19.60/Kg In Two Months

News Video

Rajesh Patel Of Mahanagar Gas Speaks On The Q4 Results Of Firm | Bazaar Corporate Radar | CNBC TV18

Buy Mahanagar Gas; target of Rs 1103: Prabhudas Lilladher

Results Review for Torrent Power, BSE, Mahanagar Gas, Birla Corporation, Zensar

Mahanagar Gas Q4 Review - Subdued Volumes With Better Realisations, Timely Price Revisions: Dolat Capital

MGL Q4 PAT down 38% YoY to Rs 132 crore

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

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE 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

Three stocks that bettered the market this week

CNG Price Hiked By Rs 2/Kg, Rates Up By Rs 19.60/Kg In Two Months

News Video

Rajesh Patel Of Mahanagar Gas Speaks On The Q4 Results Of Firm | Bazaar Corporate Radar | CNBC TV18

Buy Mahanagar Gas; target of Rs 1103: Prabhudas Lilladher

Results Review for Torrent Power, BSE, Mahanagar Gas, Birla Corporation, Zensar

Mahanagar Gas Q4 Review - Subdued Volumes With Better Realisations, Timely Price Revisions: Dolat Capital

MGL Q4 PAT down 38% YoY to Rs 132 crore

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

ROE 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 long term average ROE 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