Markets.com Logo

MGL

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    1333.4296$
  • Previous Close
    1321.2116$
  • 52 Week Change
    892.69$
  • Day Range
    12.22$
  • 52 Week High/Low
    1051.6161$ - 1944.304$
  • Dividend Per Share
    0
  • Market cap
    131 384 M$
  • EPS
    32.83
  • Beta
    0.718
  • Volume
    --

About

Mahanagar Gas Limited (MGL.NSE) is an Indian natural gas distribution company that supplies compressed natural gas (CNG) and piped natural gas (PNG) in Mumbai and its adjoining areas. It is one of the largest city gas distribution companies in India, serving domestic, commercial, and industrial customers, as well as fueling vehicles. MGL sources its gas primarily from GAIL (India) Limited. The company is listed on the National Stock Exchange of India (NSE) under the symbol MGL.NSE and is often viewed as a key player in the city's infrastructure and energy landscape.
Forex CFD trading platform reviews 2026: markets.com, IG, Avatrade

Forex CFD trading platform reviews 2026: markets.com, IG, Avatrade

Ghko B|--
ARK 21shares Bitcoin ETF (ARKB) analysis: Is ARKB a good investment?

ARK 21shares Bitcoin ETF (ARKB) analysis: Is ARKB a good investment?

Ghko B|--
EV stocks today: TSLA is going down, Lucid (LCID) stock rises, RIVN drops

EV stocks today: TSLA is going down, Lucid (LCID) stock rises, RIVN drops

Ghko B|--
BTC/USD forecast: Bitcoin drops below $92K, will BTC continue to fall?

BTC/USD forecast: Bitcoin drops below $92K, will BTC continue to fall?

Frances Wang|--
Gold and silver prices hit high: Will XAU/USD and XAG/USD continue to rise?

Gold and silver prices hit high: Will XAU/USD and XAG/USD continue to rise?

Frances Wang|--
Gold prices rose in Saudi Arabia: What's driving the gold price up?

Gold prices rose in Saudi Arabia: What's driving the gold price up?

Ghko B|--
Trending stocks to watch: Netflix, Intel, NIO stock, Tesla (TSLA) stock

Trending stocks to watch: Netflix, Intel, NIO stock, Tesla (TSLA) stock

Ghko B|--

Factors

Gas Prices: Changes in natural gas prices directly impact MGL's input costs and profitability, influencing investor sentiment.

Demand for CNG/PNG: Increased demand from vehicles and households boosts MGL's sales and revenue, positively affecting its stock price.

Government Policies: Regulations regarding CNG/PNG pricing, subsidies, and infrastructure development significantly affect MGL's operations and profitability.

Competition: The presence of other gas distribution companies or alternative fuel sources can put pressure on MGL's market share and pricing, impacting its stock.

Economic Growth: Strong economic growth typically leads to increased industrial activity and higher demand for CNG/PNG, benefiting MGL's financial performance.

Infrastructure Development: Expansion of gas pipeline networks and distribution infrastructure can enhance MGL's reach and customer base, positively influencing its stock price.

People Also Watch

Latest news

ESMA Expansion Sparks Crypto, Fintech Slowdown Concerns in EU

ESMA Expansion Sparks Crypto, Fintech Slowdown Concerns in EU

Noah Lee|--
Bitcoin's 'Santa' Rally: Fed Rate Decision and 2026 Outlook

Bitcoin's 'Santa' Rally: Fed Rate Decision and 2026 Outlook

Noah Lee|--
Western Union Unveils Stable Card, Stablecoin Strategy to Combat Inflation

Western Union Unveils Stable Card, Stablecoin Strategy to Combat Inflation

Liam James|--

Latest Education Articles

Leverage trading: Difference between margin calls and forced liquidation

Leverage trading: Difference between margin calls and forced liquidation

Ghko B|--
Futures CFDs trading: What is futures trading, how to trade futures?

Futures CFDs trading: What is futures trading, how to trade futures?

Ghko B|--
Crypto trading basics: How to use free crypto signals, why they are popular?

Crypto trading basics: How to use free crypto signals, why they are popular?

Ghko B|--