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Petronet LNG Ltd leads losers in 'A' group
Mahanagar Gas Ltd, Force Motors Ltd, Avanti Feeds Ltd and Steel Authority of India Ltd are among the other losers in the BSE's 'A' group today, 04 March 2026.
Petronet LNG, Mahanagar Gas slump as global LNG prices surge
Shares of Petronet LNG and Mahanagar Gas fell sharply after global liquefied natural gas prices climbed to their highest level since 2023 amid supply disruptions in the Middle East.
Buzzing Stocks: Aditya Birla Lifestyle, MGL decline after Q4 results; Lenskart Solutions slips on block deal
Shares of Mahanagar Gas (MGL) declined 2 percent after posting weaker sequential Q4 earnings, with net profit declining 35.4% QoQ to Rs 130 crore from Rs 201 crore. Revenue also slipped marginally by 0.4% QoQ to Rs 2,052 crore from Rs 2,060 crore.
Stocks to Watch Today: Swiggy, Enviro Infra, Advait Energy, AstraZeneca, Torrent Pharma, Laxmi Organic, Larsen & Toubro, Safety Controls in focus on 13 April
Stocks to Watch, 13 Apr: Stocks like Mahindra and Mahindra, Larsen & Toubro, Swiggy, Enviro Infra Engineers, Advait Energy Transitions, Mahanagar Gas, Krishna Defence and Allied Industries, Lupin, AstraZeneca Pharma India, Torrent Pharmaceuticals, Muthoot Finance, and Ratnaveer Precision Engineering will be in focus on April 13.
Gas stocks jump as supply fears ease after govt steps; Adani Total Gas surges 9%, MGL, Petronet LNG gain
Energy-linked stocks bucked the trend of broader market fall, with the Nifty Energy index rising about 1.9 percent and the Nifty Oil & Gas index gaining around 0.9 percent. The rally in gas stocks followed the government’s move to stabilise domestic fuel supplies amid geopolitical disruptions.
Accumulate Mahanagar Gas; target of Rs 1302: Prabhudas Lilladher
Prabhudas Lilladher recommended accumulate rating on Mahanagar Gas with a target price of Rs 1302 in its research report dated May 08, 2026.
Buy Mahanagar Gas; target of Rs 1390: Motilal Oswal
Motilal Oswal is bullish on Mahanagar Gas recommended buy rating on the stock with a target price of Rs 1390 in its research report dated Jun 11, 2026.
Stocks to Watch Today: Wipro, Omnitech, KEC International, Motherson, Vascon Engineers, Borosil, Relaxo Footwears, Hatsun Agro, Redington in focus on 12 March
Stocks to Watch, 12 March: Stocks like Wipro, Omnitech Engineering, KEC International, Samvardhana Motherson International, Vascon Engineers, Borosil, Relaxo Footwears, Mahanagar Gas, Hatsun Agro Product, Bharat Forge, Everest Industries, and Redington will be in focus on March 12.
Petronet LNG, Mahanagar Gas shares slide up to 9% as global LNG prices surge on Middle East supply disruption
The weakness in gas stocks came as Asian spot LNG prices jumped to about $25.40 per million Btus -- the highest level since 2023. The stocks of Petronet LNG, Mahanagar Gas, GAIL India and Indraprastha Gas fell 4-9% each.
Buy Mahanagar Gas; target of Rs 1352: CD Equisearch
CD Equisearch is bullish on Mahanagar Gas has recommended buy rating on the stock with a target price of Rs 1352 in its research report dated June 04, 2026.
Buy Mahanagar Gas; target of Rs 1352: Geojit Financial Services
Geojit Financial Services is bullish on Mahanagar Gas has recommended buy rating on the stock with a target price of Rs 1352 in its research report dated May 27, 2026.