Mahanagar Gas Ltd News

Q1FY27 earnings preview: Oil & gas, aviation brace for crude impact

Q1 earnings preview: ICICI Securities said that OMCs could report significant losses, driven by higher retail fuel losses, inventory losses and a sharp rise in LPG under-recovery.

Nomura says Delhi EV policy structurally negative for IGL; prefers MGL

Nomura said that city gas distribution companies may now need to start to aggressively pursue inorganic opportunities to grow volumes, given the risk of pollution-led CNG mandates in large cities.

City Gas Distribution stocks rally on CNG price hike; IGL jumps 5%, MGL 3%

Following the latest revision effective from 6 AM on May 26, the price of CNG in Delhi has increased to ₹83.09 per kg from ₹81.09 earlier

CGD stocks MGL, IGL trade mixed after price hike; here's what analyst says

The CNG price hike announcement follows a sharp rise in wholesale inflation in April. As per data, the wholesale price inflation shot up to a 42-month high of 8.3 per cent.

Oil & Gas stocks tumble as crude regains $105; MGL, IGL, BPCL drop up to 4%

Among the index constituents, Mahanagar Gas fell around 4.5 per cent, followed by IOCL, BPCL, Adani Total Gas, HPCL, Petronet LNG, Chennai Petroleum, and GAIL down over 2 per cent each

Iran war opens opportunities in renewable, CGD cos, but risks remain: Kotak

Iran war-led energy crisis may boost shift to renewable energy sources. Kotak Institutional Equities sees growth for CGD companies but warns of valuation, margin and demand risks

Gas stocks rally on US-Iran de-escalation hopes; analysts see limited gains

Shares of Gujarat State Petronet were up 9 per cent, while Gujarat Gas and Aegis Logistics gained over 7 per cent each

West Asia tensions drag gas stocks; Petronet, GAIL fall up to 5%

Notably, the six-week-long war in West Asia has disrupted global energy supply. India is a net importer of natural gas, relying on overseas supplies for the majority of its consumption.

Stocks to Watch today: LIC, Mahanagar Gas, OMCs, Maruti, L&T, M&M, Swiggy

Q4 results today: Shares of ICICI AMC, Swaraj Engines, Just Dial Ltd, among others, will be in focus ahead of their quarterly earnings announcement today.

Mahanagar Gas offers free fuel, bill adjustment for PNG customers

The city gas distributor has announced free gas, fee waivers and discounts for new and existing users following the government's move to prioritise PNG and CNG supply

Gail, IGL, MGL: Is any gas stock worth buying now? Analysts guide

Going ahead, analysts expect natural gas prices to stay elevated in the backdrop of developments in West Asia. In March alone, prices of natural gas have climbed 16 per cent to $3.277/MMBtu

Stocks to Watch today: Wipro, Adani Enterprises, Mahanagar Gas, Borosil

Stocks to Watch today, March 12: Ashok Leyland, Akzo Nobel, Jindal Steel, Bharat Forge, ACME Solar, and Adani Ports are among the top stocks to remain in focus today

New gas order 2026: Nomura decodes impact on MGL, IGL, Gujarat Gas, GAIL

Mahanagar Gas (MGL) and Indraprastha Gas (IGL) are less vulnerable compared to Gujarat Gas, according to Nomura

Petronet LNG, IGL, GAIL jump up to 6% on Iran war easing hopes

US President Donald Trump said the war against Iran was "very complete", adding that the US is considering taking control of the Strait of Hormuz

LNG supply fears hit gas stocks; GAIL, Petronet LNG, Gujarat Gas tumble 5%

The rising concerns over the prolonged closure of the Strait of Hormuz have raised fears of a liquefied natural gas (LNG) shortage

CGD stocks: IGL hits 52-week low, MGL tanks 9% on supply disruption fears

CGD companies may experience higher input gas prices, potential supply cuts and margin pressure amid regulatory and competitive constraints, according to Kotak Securities

Transit shock! Why Kotak Sec has sell on OMCs, Petronet LNG, IGL, MGL?

The Islamic Revolutionary Guard Corps (IRGC) has announced the closure of the Strait of Hormuz (SoH), warning that any vessel attempting to transit the waterway would be targeted

Q3 results: SBI, Mahanagar Gas, Chemplast Sanmar among 109 firms on Feb 7

Q3FY26 company results: Firms including Tinna Rubber and Infrastructure, Autoline Industries, Balkrishna Paper Mills, and VST Tillers Tractors are also to release their October-December earnings today