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Market Capitalization of Mahanagar Gas Ltd

Market Capitalization of Mahanagar Gas Ltd

stocks purchased

₹ 3.6 Cr

Volume transacted

stocks purchased

19.9 K

stocks traded

Last Updated time: 15 Oct 15:30 PM

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Mahanagar Gas Ltd

NSE: MGL

MARKETCAP

17699.5 crore

Last updated: 14 Oct 24

Key Highlights

  • The Market Cap of Mahanagar Gas Ltd is ₹ 17699 crore as of 14 Oct 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 ₹ 1834 as of 15 Oct 15:30.

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

1834.9

43.05 (2.40%)

stock direction

Last updated: 15 Oct 15:30

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
leftPriceleft
14 Oct 20241791.85
11 Oct 20241835.1
10 Oct 20241871
09 Oct 20241820.85
08 Oct 20241828.7
07 Oct 20241824.55
04 Oct 20241908.95
03 Oct 20241945.75
01 Oct 20241914.35
30 Sep 20241941.45

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 P/E Ratio

Company NamePEMarket Cap (INR Cr.)
Mahanagar Gas Ltd1417,699
GAIL (India) Ltd131,51,688
Adani Total Gas Ltd12083,047
Petronet LNG Ltd1353,198
Gujarat Gas Ltd3340,557
Indraprastha Gas Ltd1836,264

Key Valuation Metric of Mahanagar Gas Ltd

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 Payout 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 schedules AGM

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

Read more

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...

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19 Jul 202410:26

News

Board of Mahanagar Gas recommends final dividend

Mahanagar Gas announced that the Board of Directors of the Company at its meeting held on ...

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10 May 202409:52

News

Mahanagar Gas records PAT of Rs 265 crore in Q4; EBITDA margin at 25.13%

EBITDA improved marginally to Rs 393.79 crore in Q4 FY24 from Rs 389.68 crore in Q4 FY23. ...

Read more

10 May 202411:04

News

Mahanagar Gas to discuss results

Mahanagar Gas will hold a meeting of the Board of Directors of the Company on 9 May 2024. ...

Read more

30 Apr 202416:20

Product Composition

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Annual Reports

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Credit Ratings

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FAQs for Market Cap of Mahanagar Gas Ltd

What is the market cap of Mahanagar Gas Ltd?

As of October 15, 2024, Mahanagar Gas Ltd has a market capitalization of ₹17699.5, 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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