Page 6 - Mahanagar Gas
Mahanagar Gas hits fresh 52-week low on disappointing Q4 results
The stock dipped 7% to Rs 785, also its fresh 52-week low on the BSE, after the company reported a lower than expected 5.3% growth in net profit at Rs 1.05 billion in March quarter.
 "Mahanagar Gas hits fresh 52-week low on disappointing Q4 results")
Mahanagar Gas extends fall after huge block deal; stock dips 11% in 3 days
The stock dipped 4% to Rs 905 on the NSE, extending its 6.7% decline in past two trading days, after a more than 9% of total equity of the company changed hands through block deal
 "Mahanagar Gas extends fall after huge block deal; stock dips 11% in 3 days")
Mahanagar Gas zooms 128% since listing
The stock hit a new high of Rs 1,184, appreciated by 128% from Rs 520, against 18% rise in the Nifty 50 index since July 1, 2016
 "Mahanagar Gas zooms 128% since listing")
Indraprastha Gas, Mahanagar Gas, HPCL hit record highs ahead of Q3 results
HPCL, IOCL, MGL and IGL were up 10%-21% in past one month as compared to 6% rise in the S&P BSE Sensex
 "Indraprastha Gas, Mahanagar Gas, HPCL hit record highs ahead of Q3 results")
Mahanagar Gas hits new high; stock up over 100% against IPO issue price
The stock was up 3% at Rs 850 on NSE in intra-day trade, gaining 102% against IPO price of Rs 421 per share
 "Mahanagar Gas hits new high; stock up over 100% against IPO issue price")
Mahanagar Gas, Indraprastha Gas, Oil India, HCC hit 52-week high
Balarampur Chini, Dhampur Sugar and Triveni Engineering were from sugar sector hit 52-week highs
 "Mahanagar Gas, Indraprastha Gas, Oil India, HCC hit 52-week high")
Mahanagar Gas hits new high on strong Q2 results
The stock hit a new high of Rs 828, up 7% on the NSE in early morning trade
Volume catalysts in place for Mahanagar Gas
Proposal to shift the existing taxi aggregators to CNG, if implemented, will boost volume
Retail investors miss rally in Mahanagar Gas; stock hits new high
Thus far in October, the stock outperformed the market by surging 22% as compared to 0.43% rise in Sensex.
MGL bets on Raigad project generating revenues from FY18
Company expects the Raigad project to see a demand of about 0.5 million cubic metres per year of gas
Mahanagar Gas increases prices of CNG, PNG
The development comes after the Maharashtra government hiked VAT by 1 per cent to 13.5 per cent
Mahanagar Gas increases prices of CNG, PNG
MGL supplies CNG to 4 lakh vehicles, including public transport and BEST buses and piped gas to 8 lakh households in Mumbai
 "Mahanagar Gas increases prices of CNG, PNG")
Mahanagar Gas hits highest level since listing
The stock up 1.5% to Rs 586 on the BSE, was trading at a 39% premium against issue price of Rs 421 per share.
Mahanagar Gas gains 23% on listing day, closes at Rs 520
The stock hit a high of Rs 549 within minutes of listing, and edged lower in intraday trade
Mahanagar Gas makes a strong debut
The stock listed at Rs 540, a 28% premium against issue price of Rs 421 per share, on the National Stock Exchange.
Brokerages ask clients to subscribe to Mahanagar Gas
They cite attractive valuations compared to peers and growth opportunities in the gas distribution space
 "Brokerages ask clients to subscribe to Mahanagar Gas")
Mahanagar Gas IPO subscribed four times
The IPO has so far received 68 million bids as against 17.3 million on offer
Mahanagar Gas IPO gets full subscription on Day 1
The 17.1 million share IPO garnered bids for 18.8 million shares, or 1.1 times the shares on offer
 "Mahanagar Gas IPO gets full subscription on Day 1")
Mahanagar IPO opens today; draws market attention
Company aims to raise around Rs 1040 crore; price band fixed by the gas distributor is Rs 380-421 per share
Mahanagar Gas raises Rs 309 cr from anchor investors
Company's Rs 1,040-cr IPO opens for subscription on June 21
 "Mahanagar Gas raises Rs 309 cr from anchor investors")