Mahanagar Gas Ltd News

Indraprastha Gas jumps 6% as Nomura upgrades stock on easing gas prices

On the bourses, IGL share price rallied up to 5.54 per cent to an intraday high of ₹193.35 per share, while MGL share price rose up to 4.22 per cent to an intraday high of ₹1,159.25.

ACC, MGL, Trent, REC, PFC, Bata and 35 others from BSE 500 hit 52-week lows

In the past one month, the BSE 500 index has underperformed the market by falling nearly 1 per cent, as compared to 1.3 per cent rise in the BSE Sensex.

Q2 earnings spark mixed analyst views on Mahanagar Gas; buy, sell, or hold

MGL's Q2FY26 results, analysts said, highlight near-term margin pressures, even as volume growth remains steady.

IGL vs MGL: Which stock to buy amid tax cut buzz in Gujarat? Analysts weigh

City gas distributors Indraprastha Gas and Mahanagar Gas may see a major earnings lift as Gujarat slashes VAT on gas to 2%. Analysts expect improved margins, profitability, and strong stock upside

Crude slips to 3-month low; INR weakness seen pressuring OMCs, CGDs: Nomura

Nomura said that the INR's depreciation remains a headwind for OMCs and CGDs, as their input costs are dollar-linked while revenues are in rupees.

GMR Airports, MGL, BoM among 5 stocks with trend line breakout; check TP

Breakout stocks: GMR Airports, Mahanagar Gas, Redington, JSW Infrastructure and Bank of Maharashtra can rally up to 28%, suggest technical charts.

Why Axis Securities see 20% upside in Mahanagar Gas? Details here

Axis Securities has initiated 'Buy' on Mahanagar Gas as it believes the company can leverage its presence in one of the country's most urbanised and high-income regions-Mumbai

Analysts decode impact of PNGRB tariff regulation changes on IGL, MGL

PNGRB tariff news: While analysts see IGL benefitting the most from the changes due to the possibility of charging higher tariffs, MGL and GGL may be negatively impacted, they said