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

Indraprastha Gas, Mahanagar Gas, Gujarat Gas - Weathering The ‘Perfect Storm’: HDFC Securities

Iyer is an electrical engineer with more than 36 years of experience in execution of projects in the areas of gas pipelines, LNG terminals, city gas distribution projects, renewables etc, amounting to Rs.40,000 crore.

Mahesh V Iyer takes over as Mahanagar Gas Ltd Chairman

Based on the open interest future percentage, there were 56 stocks including PVR, Apollo Tyres, Mahanagar Gas, GNFC, and ICICI Bank, in which long unwinding was seen.

Trade setup for today: Top 15 things to know before the opening bell

There is a Mahanagar gas pipeline near the petrol pump and it is suspected that the fire started due to gas leakage from that pipeline.

Mumbai: Fire breaks out near petrol pump on BA Road in Parel, no injures reported

The brokerage firm Sharekhan has suggested buying the shares of Indraprastha Gas Limited (IGL), Mahanagar Gas Ltd (MGL) and Gujarat Gas Ltd.

Top picks: Sharekhan’s top 3 energy stocks to BUY next week for a strong gain

Sharekhan is bullish on Mahanagar Gas has recommended buy rating on the stock with a target price of Rs 980 in its research report dated August 26, 2022.

Buy Mahanagar Gas; target of Rs 980: Sharekhan

CNG Price Cut by Rs 4 per Kg; PNG Price Reduced by Rs 6 per Kg; CNG Price in India (17th August 2022), Check New Rates, In a major relief, Mahanagar Gas announced a cut in the prices of kitchen fuel Piped Natural Gas (PNG)

CNG Price Cut by Rs 4 per Kg; PNG Price Reduced by Rs 6 per Kg; Check New Rates

Reduction in prices have come after the Ministry of Petroleum and Natural Gas revised upwards the allocation of domestically produced natural gas to the city gas distribution company, MGL said. MGL had in the first week of August, increased prices for CNG and PNG by a similar amount, which was the s…

Mahanagar Gas cuts prices of CNG by 6 rupees per kg, PNG by 4 rupees

State-run gas utility Mahanagar Gas Ltd (MGL) has reduced prices for compressed natural gas (CNG) by six rupees per kg and domestic piped natural gas (PNG) by four rupees per standard cubic meter in and around Mumbai, effective Wednesday.

CNG price reduced by Rs 6, PNG by Rs 4 in Mumbai

State-owned power giant NTPC floated a tender to raise Rs 5,000 crore term loan from financial institutions. As per the document, the bids can be submitted till 1100 hours on August 31.

Stocks in the news: NTPC, Cipla, SAIL, Mahanagar Gas and Future Group stocks

The Mahanagar Gas Limited (MGL) has reduced its Compressed Natural Gas (CNG) price by Rs 6 per kg and domestic Piped Natural Gas (PNG) by Rs 4 per unit in and around Mumbai effective from today midnight. Accordingly, the revised MRP inclusive of all taxes of CNG will be Rs 80 per kg and the domestic…

Mumbai: CNG, PNG prices to reduce from today midnight; check new rates here

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

Indraprastha Gas, Mahanagar Gas, Gujarat Gas - Weathering The ‘Perfect Storm’: HDFC Securities

Mahesh V Iyer takes over as Mahanagar Gas Ltd Chairman

Trade setup for today: Top 15 things to know before the opening bell

Mumbai: Fire breaks out near petrol pump on BA Road in Parel, no injures reported

Top picks: Sharekhan’s top 3 energy stocks to BUY next week for a strong gain

Buy Mahanagar Gas; target of Rs 980: Sharekhan

CNG Price Cut by Rs 4 per Kg; PNG Price Reduced by Rs 6 per Kg; Check New Rates

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

Indraprastha Gas, Mahanagar Gas, Gujarat Gas - Weathering The ‘Perfect Storm’: HDFC Securities

Mahesh V Iyer takes over as Mahanagar Gas Ltd Chairman

Trade setup for today: Top 15 things to know before the opening bell

Mumbai: Fire breaks out near petrol pump on BA Road in Parel, no injures reported

Top picks: Sharekhan’s top 3 energy stocks to BUY next week for a strong gain

Buy Mahanagar Gas; target of Rs 980: Sharekhan

CNG Price Cut by Rs 4 per Kg; PNG Price Reduced by Rs 6 per Kg; Check New Rates

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