Mahanagar Gas Ltd gains for third straight session

Mahanagar Gas Ltd is quoting at Rs 1070, up 1.97% on the day as on 12:49 IST on the NSE. The stock is down 16.79% in last one year as compared to a 5.92% jump in NIFTY and a 16.88% jump in the Nifty Energy index.

Mahanagar Gas Ltd is up for a third straight session today. The stock is quoting at Rs 1070, up 1.97% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.61% on the day, quoting at 23722.1. The Sensex is at 76393.47, down 0.61%. Mahanagar Gas Ltd has slipped around 3.35% in last one month.

 

Meanwhile, Nifty Energy index of which Mahanagar Gas Ltd is a constituent, has slipped around 3.04% in last one month and is currently quoting at 36138.5, up 1.82% on the day. The volume in the stock stood at 9.54 lakh shares today, compared to the daily average of 3.21 lakh shares in last one month.

The PE of the stock is 10.71 based on TTM earnings ending December 25.

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