Mahanagar Gas Share Price
- Advice
- Hold
Start SIP in Mahanagar Gas
Start SIPMahanagar Gas Performance
Day Range
- Low 1,858
- High 1,943
52 Week Range
- Low 979
- High 1,943
- Open Price1,858
- Previous Close1,821
- Volume4858131
Mahanagar Gas F&O
Mahanagar Gas Investment Rating
-
Master Rating:
-
Mahanagar Gas has an operating revenue of Rs. 6,418.06 Cr. on a trailing 12-month basis. An annual revenue growth of 1% is not great, Pre-tax margin of 27% is great, ROE of 24% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 24% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 4% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 44 which is a POOR score indicating inconsistency in earnings, a RS Rating of 71 which is FAIR indicating the recent price performance, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 138 indicates it belongs to a poor industry group of Utility-Gas Distribution and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre technical strength and poor fundamentals, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 1,590 | 1,567 | 1,569 | 1,571 | 1,538 | 1,610 |
Operating Expenses Qtr Cr | 1,171 | 1,173 | 1,120 | 1,092 | 1,017 | 1,221 |
Operating Profit Qtr Cr | 418 | 394 | 449 | 479 | 521 | 390 |
Depreciation Qtr Cr | 72 | 78 | 68 | 66 | 62 | 64 |
Interest Qtr Cr | 3 | 4 | 3 | 2 | 3 | 2 |
Tax Qtr Cr | 99 | 92 | 109 | 116 | 127 | 88 |
Net Profit Qtr Cr | 285 | 265 | 317 | 339 | 368 | 269 |
Mahanagar Gas Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 16
- Bearish Moving Average
- ___
- 0
- 20 Day
- ₹1,825.91
- 50 Day
- ₹1,764.43
- 100 Day
- ₹1,655.75
- 200 Day
- ₹1,502.07
- 20 Day
- ₹1,821.11
- 50 Day
- ₹1,793.42
- 100 Day
- ₹1,605.28
- 200 Day
- ₹1,470.02
Mahanagar Gas Resistance and Support
Resistance | |
---|---|
First Resistance | 1,949.37 |
Second Resistance | 1,988.78 |
Third Resistance | 2,034.57 |
RSI | 61.95 |
MFI | 86.64 |
MACD Single Line | 18.86 |
MACD | 19.80 |
Support | |
---|---|
First Support | 1,864.17 |
Second Support | 1,818.38 |
Third Supoort | 1,778.97 |
Mahanagar Gas Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 4,986,573 | 33,709,233 | 6.76 |
Week | 1,196,232 | 12,249,414 | 10.24 |
1 Month | 624,770 | 16,075,324 | 25.73 |
6 Month | 678,651 | 20,094,843 | 29.61 |
Mahanagar Gas Result Highlights
Mahanagar Gas Synopsis
NSE-Utility-Gas Distribution
Mahanagar Gas is involved in the business activities of Manufacture of gas; distribution of gaseous fuels through mains. Company’s Total Operating Revenue is Rs. 6244.53 Cr. and Equity Capital is Rs. 98.78 Cr. for the Year ended 31/03/2024. Mahanagar Gas Ltd. is a Public Limited Listed company incorporated on 08/05/1995 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L40200MH1995PLC088133 and registration number is 088133.Market Cap | 17,991 |
Sales | 6,296 |
Shares in Float | 6.72 |
No of funds | 353 |
Yield | 1.65 |
Book Value | 3.5 |
U/D Vol ratio | 1.2 |
LTDebt / Equity | |
Alpha | 0.08 |
Beta | 1.38 |
Mahanagar Gas Shareholding Pattern
Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
---|---|---|---|---|
Promoters | 32.5% | 32.5% | 32.5% | 32.5% |
Mutual Funds | 5.24% | 5.18% | 3.98% | 1.7% |
Insurance Companies | 11.05% | 11.73% | 12.74% | 13.8% |
Foreign Portfolio Investors | 31.49% | 30.54% | 30.85% | 30.51% |
Financial Institutions/ Banks | ||||
Individual Investors | 7.84% | 8.03% | 7.98% | 9.26% |
Others | 11.88% | 12.02% | 11.95% | 12.23% |
Mahanagar Gas Management
Name | Designation |
---|---|
Mr. Sandeep Kumar Gupta | Chairman |
Mr. Ashu Shinghal | Managing Director |
Mr. Sanjay Shende | Deputy Managing Director |
Mr. Rajeev Bhaskar Sahi | Independent Director |
Ms. Malvika Sinha | Independent Director |
Mr. Syed S Hussain | Independent Director |
Mr. Venkatraman Srinivasan | Independent Director |
Dr. Harshadeep Kamble | Government Nominee Director |
Mahanagar Gas Forecast
Price Estimates
Mahanagar Gas Corporate Action
Date | Purpose | Remarks |
---|---|---|
2024-07-25 | Quarterly Results | |
2024-05-09 | Audited Results & Final Dividend | |
2024-01-23 | Quarterly Results & Interim Dividend | |
2023-10-27 | Quarterly Results | |
2023-08-03 | Quarterly Results |
Date | Purpose | Remarks |
---|---|---|
2024-02-05 | INTERIM | Rs.12.00 per share(120%)Interim Dividend |
2023-02-14 | INTERIM | Rs.10.00 per share(100%)Interim Dividend |
2022-02-18 | INTERIM | Rs.9.50 per share(95%)Interim Dividend |
2021-02-22 | INTERIM | Rs.9.00 per share(90%)Interim Dividend |
Mahanagar Gas FAQs
What is Share Price of Mahanagar Gas ?
Mahanagar Gas share price is ₹1,909 As on 18 September, 2024 | 02:33
What is the Market Cap of Mahanagar Gas ?
The Market Cap of Mahanagar Gas is ₹18866.1 Cr As on 18 September, 2024 | 02:33
What is the P/E ratio of Mahanagar Gas ?
The P/E ratio of Mahanagar Gas is 15.8 As on 18 September, 2024 | 02:33
What is the PB ratio of Mahanagar Gas ?
The PB ratio of Mahanagar Gas is 3.7 As on 18 September, 2024 | 02:33