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Market Capitalization of Mahanagar Gas Ltd

Market Capitalization of Mahanagar Gas Ltd

stocks purchased

₹ 34.1 Cr

Volume Transacted

(Nov 22, 2024)

stocks purchased

292.0 K

Stocks Traded

(Nov 22, 2024)

Last Updated on: Nov 22, 2024

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Mahanagar Gas Ltd

NSE: MGL

Market Cap

₹ 11121.39 crore

Last updated on: Nov 21, 2024

Key Highlights

  • The Market Cap of Mahanagar Gas Ltd is ₹ 11121 crore as of 21 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 ₹ 1166 as of 22 Nov 14:13 .
  • 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

Share Price

₹ 1166.95

41.05 (3.65%)

stock direction

Last updated on: Nov 22, 2024

Market Price of Mahanagar Gas Ltd

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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
21 Nov 20241125.9
19 Nov 20241126.1
18 Nov 20241130.55
14 Nov 20241311.4
13 Nov 20241330.05
12 Nov 20241369.25
11 Nov 20241401.05
08 Nov 20241419.55
07 Nov 20241437.2
06 Nov 20241435.9

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

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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

Gas stocks plunge as government cuts domestic gas allocation

Indraprastha Gas (down 18.66%), Mahanagar Gas (down 13.45%), Gujarat Gas (down 6.36%), Ada...

Read more

18 Nov 202414:35

News

Mahanagar Gas to undertake battery cell manufacturing with International Battery Co

In a regulatory filing made post trading hours on Thursday, MGL stated that it has signed ...

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08 Nov 202409:39

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...

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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%),...

Read more

18 Oct 202411:47

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

Product Composition

Document

Annual Reports

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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 22, 2024, Mahanagar Gas Ltd has a market capitalization of ₹11121.39, 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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