Home
Mahanagar Gas Ltd Share Price History
Mahanagar Gas Ltd
NSE : 21 Feb, 2025
1334.45-8.1 (-0.6%)
Prev Close
1342.6
Open Price
1332.6
Bid Price (QTY)
-
Offer Price (QTY)
-
Volume
609148
Today's High / Low
1365.8 / 1325.8
52 WK High / Low
1988.0 / 1075.3
Market Price of Mahanagar Gas Ltd
1M
1Y
3Y
5Y
Monitoring Mahanagar Gas Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.
History Market Price
| Date | Price | Open | High | Low |
|---|
Returns Comparison
1W
1M
3M
6M
1Y
3Y
5Y
10Y
Growth Parameters
| Parameter |  2023 |
|---|---|
| Sales (Cr.) | NaN |
| Sales YoY Gr. | - |
| Adj EPS | 79.98 |
| YoY Gr. | - |
| Net Profit (Cr.) | 790 |
| BVPS | 418.53 |
Key Financial Parameters
| Parameter | 2023 |
|---|---|
| Return on Capital Emp. % | 24.86 |
| Op. Profit Mgn % | 18.73 |
| Net Profit Mgn % | 11.42 |
| Debt to Equity % | 0.03 |
Latest Shareholding
Promoters Holdings Over Time
About Mahanagar Gas Ltd
- Mahanagar Gas Limited (MGL) is one of the largest city gas distribution (CGD) companies in India.
- MGL is the sole authorised distributor of compressed natural gas (CNG) and piped natural gas (PNG) in Mumbai, Thane urban and adjoining municipalities and the Raigad district in the state of Maharashtra, India.
- The company distributes CNG for use in motor vehicles and PNG for domestic household as well as for commercial and industrial use.
- MGL distributes natural gas through an extensive CGD network of pipelines. Mahanagar Gas Limited (MGL) was incorporated in 1995, a joint venture between the Gas Authority of India Limited (GAIL), the BG Group UK (formerly British Gas), and the Government of Maharashtra. During the year 2002-2003, the company expanded the Compressed Natural Gas (CNG) distribution network across the city of Mumbai and in the same year, the company set up additional 45 CNG outlets.
Popular Search
FAQs for Mahanagar Gas Ltd Share Price History
What are the key events that typically impact Mahanagar Gas Ltd's share price history?
Key events that impact Mahanagar Gas Ltd’s share price history include quarterly earnings releases, product launches, leadership changes, economic policies, and geopolitical developments.
How do stock splits affect Mahanagar Gas Ltd's share price history?
Stock splits reduce the nominal price of Mahanagar Gas Ltd's shares by increasing the number of outstanding shares, which typically makes the stock more accessible to a broader range of investors. Although the total market value of the company remains unchanged after the split, the split can affect investor perception and liquidity, potentially influencing the share price in the longer term.
How do dividends impact the share price history of Mahanagar Gas Ltd?
Dividends can influence Mahanagar Gas Ltd's share price history by typically causing a temporary dip on the ex-dividend date, as the stock price often adjusts to reflect the dividend payout. Over time, the impact of dividends on the share price may be offset by the company's overall financial performance and market conditions.
How do corporate announcements affect Mahanagar Gas Ltd’s share price history?
Corporate announcements such as mergers, acquisitions, or strategic shifts can lead to significant price changes. Any optimistic development news on Mahanagar Gas Ltd generally boosts the company’s share price, whereas negative news can lead to a decline in share price.
How can I use technical analysis to understand Mahanagar Gas Ltd’s share price history?
To understand Mahanagar Gas Ltd’s share price history using technical analysis, examine charts for patterns such as trends, support, and resistance levels, and apply indicators like moving averages or Relative Strength Index (RSI) to gauge potential future movements. Analyze historical data to identify recurring trends and signals that might suggest how the share price could behave under similar conditions.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
