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

This would be the sixth price increase in Mumbai since last year, however, the first one in 2022.

Mahanagar Gas hikes price of CNG and PNG in Mumbai; Stock ends higher

Stocks Under Radar Today: DLF, Indigo, Mahanagar Gas & More

Stocks in news: Reliance Industries, HDFC Bank, NHPC, Mahanagar Gas, RBL Bank and more

Stocks in news: Reliance Industries, HDFC Bank, Mahanagar Gas, RBL Bank and more

Check out the stocks that will be in focus during trade today based on recent and latest news developments.

Top stocks in focus: RBL Bank, NHPC, GAIL, Mahanagar Gas, Gautam Gems

Life Insurance Corporation of India (LIC) acquired more than 2% stake in Mahanagar Gas (MGL) via open market transactions.

LIC hikes stake in Mahanagar Gas

Stocks In the News: Check out the companies making the biggest headlines before the opening bell.

Buzzing Stocks: NHPC, GAIL India, Mahanagar Gas And Other Stocks In News Today

Mahanagar Gas, GAIL, ONGC, Castrol India, IOC, Reliance were also in the fast lane. Oil India was under pressure.

Nifty Oil & Gas stocks advance with upbeat markets; BPCL, HPCL, Adani Total Gas lift performance

After a steep sell-off on Friday, Indian market is likely to witness further weakness on Monday. As of 6:45 am, SGX Nifty50 futures contract were down 0.1 percent which indicated that the Indian benchmark indices may begin the week on a flat-to-negative note. Some of the top stocks to watch out for in trade today are Kotak Mahindra Bank, Indiabulls Real Estate, Future Retail, Zomato, GAIL India, Mahanagar Gas and Shriram Properties. 

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Top Stocks To Watch Out For In Today's Trading Session | Bazaar Morning Call | CNBC TV18

Mahanagar Gas Limited has increased the prices of CNG and PNG in Mumbai by Rs 2 per kg and Rs 1.50 per SCM, respectively.

CNG Price Hike: Check latest rates in Delhi, Mumbai, other cities

For the second time in 3 weeks, the Mahanagar Gas Ltd (MGL) has hiked the prices of CNG and PNG with effect from midnight, an official said on Friday.

CNG, PNG prices in Mumbai increased by Rs 2/kg and Rs 1.50/SCM

Mahanagar Gas Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 8652.93 Crore) operating in Gas & Petroleum sector.

Add Mahanagar Gas, target price Rs 1025: HDFC Securities

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

Mahanagar Gas hikes price of CNG and PNG in Mumbai; Stock ends higher

Stocks Under Radar Today: DLF, Indigo, Mahanagar Gas & More

Stocks in news: Reliance Industries, HDFC Bank, Mahanagar Gas, RBL Bank and more

Top stocks in focus: RBL Bank, NHPC, GAIL, Mahanagar Gas, Gautam Gems

LIC hikes stake in Mahanagar Gas

Buzzing Stocks: NHPC, GAIL India, Mahanagar Gas And Other Stocks In News Today

Nifty Oil & Gas stocks advance with upbeat markets; BPCL, HPCL, Adani Total Gas lift performance

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

Mahanagar Gas hikes price of CNG and PNG in Mumbai; Stock ends higher

Stocks Under Radar Today: DLF, Indigo, Mahanagar Gas & More

Stocks in news: Reliance Industries, HDFC Bank, Mahanagar Gas, RBL Bank and more

Top stocks in focus: RBL Bank, NHPC, GAIL, Mahanagar Gas, Gautam Gems

LIC hikes stake in Mahanagar Gas

Buzzing Stocks: NHPC, GAIL India, Mahanagar Gas And Other Stocks In News Today

Nifty Oil & Gas stocks advance with upbeat markets; BPCL, HPCL, Adani Total Gas lift performance

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