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Market Capitalization of Mahanagar Gas Ltd

Market Capitalization of Mahanagar Gas Ltd

stocks purchased

₹ 3.5 Cr

Volume Transacted

(Nov 7, 2024)

stocks purchased

24.0 K

Stocks Traded

(Nov 7, 2024)

Last Updated on: Nov 08, 2024

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Mahanagar Gas Ltd

NSE: MGL

MARKETCAP

₹ 14196.34 crore

Last updated on: Nov 07, 2024

Key Highlights

  • The Market Cap of Mahanagar Gas Ltd is ₹ 14196 crore as of 07 Nov 24.
  • The Market Cap of Mahanagar Gas Ltd changed from ₹ 9723 crore on March 2023 to ₹ 13468 crore on March 2024 . This represents a CAGR of 17.69% over 2 years. .
  • The Latest Trading Price of Mahanagar Gas Ltd is ₹ 1437 as of 07 Nov 15:30.
  • The Dividend Payouts of Mahanagar Gas Ltd changed from ₹ 9.5 on Feb 17, 2022 to ₹ 18 on Aug 14, 2024 . This represents a CAGR of 11.24% over 6 years. .

Historical Market Cap of Mahanagar Gas Ltd

No data available

* All values are in crore

Company Fundamentals for Mahanagar Gas Ltd

No data available

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Mahanagar Gas Ltd

NSE: MGL

PRICE

₹ 1437.2

1.30 (0.09%)

stock direction

Last updated on: Nov 07 03:30 PM

Market Price Over Time

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.

Last Ten Days Market Price

Date
leftPrice (₹)right
07 Nov 20241437.2
06 Nov 20241435.9
05 Nov 20241379
04 Nov 20241387.85
01 Nov 20241447.45
31 Oct 20241441.15
30 Oct 20241441.4
29 Oct 20241426.05
28 Oct 20241415.75
25 Oct 20241496.55

SWOT Analysis Of Mahanagar Gas Ltd

Strength

2

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Mahanagar Gas Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Mahanagar Gas Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of Market Cap

Key Valuation Metric of Mahanagar Gas Ltd

No data available

No data available

Historical P/E Ratio of Mahanagar Gas Ltd

No data available

* All values are in %

Historical Revenue of Mahanagar Gas Ltd

No data available

* All values are in crore

Historical EBITDA of Mahanagar Gas Ltd

No data available

* All values are in crore

Historical Net Profit of Mahanagar Gas Ltd

No data available

* All values are in crore

Historical Dividend Payouts of Mahanagar Gas Ltd

No data available

* All values are in

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.

Mahanagar Gas Ltd News Hub

News

Mahanagar Gas declines after weak Q2 performance

EBITDA fell by 16.8% to Rs 282.8 crore in Q2 FY25 from Rs 338.5 crore in Q2 FY24. EBITDA m...

Read more

25 Oct 202410:04

News

Mahanagar Gas to convene board meeting

Mahanagar Gas will hold a meeting of the Board of Directors of the Company on 24 October 2...

Read more

19 Oct 202409:48

News

Gas stocks plunge after Govt cuts domestic gas allocation

Mahanagar Gas (down 12.03%), Indraprastha Gas (down 10.55%), Adani Total Gas (down 1.19%),...

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18 Oct 202411:47

News

Mahanagar Gas schedules AGM

Mahanagar Gas announced that the 29th Annual General Meeting (AGM) of the company will be ...

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01 Aug 202417:50

News

Mahanagar Gas Q1 PAT slides 22% YoY to Rs 284 cr

Revenue from operations (excluding excise duty) increased 3.37% year-over-year (YoY) to Rs...

Read more

26 Jul 202412:53

News

Mahanagar Gas to hold board meeting

Mahanagar Gas will hold a meeting of the Board of Directors of the Company on 25 July 2024...

Read more

19 Jul 202410:26

Product Composition

Document

Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

FAQs for Mahanagar Gas Ltd Market Cap

What is the market cap of Mahanagar Gas Ltd?

As of November 8, 2024, Mahanagar Gas Ltd has a market capitalization of ₹14196.34, however, this figure is subject to change due to fluctuations in its stock price and market conditions.

What factors influence Mahanagar Gas Ltd's market capitalization?

Mahanagar Gas Ltd's market capitalization is influenced by factors such as its financial performance, and the company’s ability to innovate and adapt to market trends. Moreover, macroeconomic factors like economic conditions, currency fluctuations, and global automotive industry trends also affect its market capitalization.

Can market capitalization be used to predict future stock performance of Mahanagar Gas Ltd?

Market capitalization alone is not a reliable predictor of future stock performance, as it reflects the current value of a company's equity rather than its future potential. To forecast %s's future stock performance, investors should consider additional factors such as financial health, growth prospects, industry trends, and broader economic conditions.

How often does Mahanagar Gas Ltd's market capitalization change?

Mahanagar Gas Ltd's market capitalization can change frequently, within a single trading day, due to fluctuations in stock price. These changes are influenced by market conditions, investor sentiment, company performance, and broader economic factors. Therefore, tracking its market capitalization requires continuous monitoring of stock price movements and related financial news.
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.
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