Mahanagar Gas Limited logo

MGL

NSE
Mahanagar Gas Limited (SMALL CAP)
Energy>Oil Gas & Consumable Fuels>Gas>LPG/CNG/PNG/LNG Supplier
1,094.90
33.90 (3.20%)
High VOLATILITY
As on 12 Jun 2026

Price History

Market Cap
₹10.82K Cr
SMALL CAP
P/E Ratio
12.4
Industry
LPG/CNG/PNG/LNG Supplier
52-Week Range
52W Low900+21.7%
52W High1,586.9-31.0%
Current Price
1,094.90
Circuit Limits (20%)
Lower Circuit875.92
Upper Circuit1,313.88
Reference Price
1,094.90

Investment Checklist

Triple Top on 1D (BREAKOUT CONFIRMED) — target ₹1212.0
Head and Shoulders on 1D (BREAKOUT CONFIRMED) — target ₹1095.8
20/50 Bearish Cross detected 5 day(s) ago
EMA(9) Crossover: Price crossed above EMA(9): Fresh bullish momentum signal.
SuperTrend(10,3): Price below SuperTrend (Industry Standard (Swing/Medium-Term))

Technical Analysis

Technical Analysis

Analysis from 2026-06-12

Confidence
45%

Trend

NEUTRAL
NEUTRAL

Mixed MA signals — sideways/transition

EMA20
1081.69
EMA50
1081.31
EMA200
1161.34

Price Action

MIXED
NEUTRAL
Higher Highs3
Higher Lows5
Lower Highs6
Lower Lows4

Support & Resistance Levels

Resistance (Above)
1095.45
1121.02
1152.50
1191.26
1237.37
Support (Below)
1040.20
1021.30
918.30
900.00

Volume Analysis

TrendSTABLE
Change+5.10%
Unusual VolumeNo

Recent MA Crossovers

20/50 Bearish Cross
5 days ago
SELL

Stop Loss Levels

Fixed Risk

1% Risk1083.95
3% Risk1062.05
5% Risk1040.15
7% Risk (Custom)
1018.26

Technical Levels

1x ATR (Volatility)1060.85
2x ATR (Swing)1026.80
3x ATR (Trend)992.75
Immediate Support1040.20

Moving Averages

EMA 9 (Short-term)1078.26
EMA 20 (Medium-term)1081.69
EMA 50 (Trend)1081.31

Financials

Financial Analysis

MetricDec '24Mar '25Jun '25Dec '25
Revenue₹1,847.4 Cr₹1,928.1 Cr₹2,083 Cr₹2,060.2 Cr
Net Profit₹222.9 Cr₹247 Cr₹317.9 Cr₹201.2 Cr
EPS₹22.57₹32.18₹20.36
Operating Profit₹366.8 Cr₹436.2 Cr₹532.1 Cr₹380.9 Cr

Peer Comparison

LPG/CNG/PNG/LNG Supplier

Peer Comparison

SymbolNamePriceChange
ATGLAdani Total Gas Limited₹728.50+1.72%
PETRONETPetronet LNG Limited₹274.75+4.45%
GUJGASLTDGujarat Gas Limited₹388.00+2.97%
IGLIndraprastha Gas Limited₹163.52+1.69%
CONFIPETConfidence Petroleum India Limited₹70.42-2.95%
IRMENERGYIRM Energy Limited₹255.40+4.33%

Corporate Information

Large Deals

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Bulk, Block and Short deals reported for this stock.

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Corporate Actions

Recent actions

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Ex DatePurposeType
13 Feb 2026
Interim Dividend - Rs 12 Per Share
INTERIM_DIVIDEND
14 Aug 2025
Dividend - Rs 18 Per Share
DIVIDEND
03 Feb 2025
Interim Dividend - Rs 12 Per Share
INTERIM_DIVIDEND
14 Aug 2024
Annual General Meeting/Dividend - Rs 18 Per Share
AGM
05 Feb 2024
Interim Dividend - Rs 12 Per Share
INTERIM_DIVIDEND

Announcements

Latest updates

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DateDescriptionLink
09 Jun 2026
Analysts/Institutional Investor Meet/Con. Call Updates
31 May 2026
Retirement
20 May 2026
Appointment
20 May 2026
Shareholders meeting
18 May 2026
Analysts/Institutional Investor Meet/Con. Call Updates

Board Meetings

Upcoming and past meetings

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DatePurposeLinks
07 May 2026
Financial Results/Dividend
07 May 2026
Board Meeting Intimation
07 Feb 2026
Board Meeting Intimation
07 Feb 2026
Financial Results/Dividend
29 Oct 2025
Financial Results

Corporate Events

Upcoming results & meetings

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No upcoming events found

We couldn't find any scheduled corporate actions for this symbol at the moment.

Shareholding Pattern

Shareholding Pattern

As of Dec 2025

Current Distribution

Trend (Last 8 Qtrs)

Latest News

News for MGL

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CNG, PNG Gets Costlier In Mumbai As Prices Jump For Second Time In 15 Days: Check New Rates
neutral
NDTV Profit 14d ago

CNG, PNG Gets Costlier In Mumbai As Prices Jump For Second Time In 15 Days: Check New Rates

It is the second upward revision in CNG prices by MGL in recent weeks.

MGLOil Gas & Consumable Fuels
Mumbai CNG gets Rs 2/kg costlier from Saturday; piped cooking gas rates also raised
positive
ET Markets - Industry 14d ago

Mumbai CNG gets Rs 2/kg costlier from Saturday; piped cooking gas rates also raised

Mahanagar Gas Ltd (MGL) has increased CNG prices by Rs 2 per kg and piped cooking gas by 50 paise per unit across the Mumbai Metropolitan Region. This hike, attributed to rising gas procurement costs, impacts millions of households and public transport users, intensifying demands for auto and taxi fare increases.

MGLTCIOil Gas & Consumable FuelsServices
NEWS
positive
Business Standard - Markets 15d ago

Mahanagar Gas Ltd up for five straight sessions

Mahanagar Gas Ltd is quoting at Rs 1106.5, up 0.3% on the day as on 12:44 IST on the NSE. The stock is down 16.5% in last one year as compared to a 3.64% gain in NIFTY and a 15.14% gain in the Nifty Energy.

AONELIQUIDAONENIFTYAONETMMQ50AONETOTALENERGYGKENERGYKPELMGLMOENERGYOILIETFConstructionFinancial Services

Frequently Asked Questions