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MG

MGL

NSE

Mahanagar Gas Ltd

₹1,023.10

-11.20(-1.08%)
VIIValue & Investment Index↓ lower is cheaper
27/100Value▼ 2.9 vs week
0 cheap50100 rich
252-day positioning
FSIFundamentals
57good
TECTechnical
25bearish
NSINews Sentiment
No recent news coverage
RRGRotation
Improving
RS 99.5 · Mom 100.9 · vs NIFTY 50
Proprietary indicesas of 2026-10-23

Exchange Surveillance

No active ASM or GSM measures on this stock.

Price band ± 20%

Price

Trading Data

range bars
Day range
Day low ₹1,004.00Day high ₹1,043.60
52-week range
52w low ₹900 · +13.7%52w high ₹1,314 · -22.1%
Open
₹1,026.00
Prev close
₹1,034.30
Volume
5.91 L
vs 10d avg
3.2×
Delivery %
—
Beta
—

Returns

absolute and vs benchmark index

About the Company

Mahanagar Gas Limited (MGL) is one of Indias leading natural gas distribution companies. Established in 1995, MGL is a joint venture between GAIL (India) Ltd, the BG Group, (U.K.) and the Government of Maharashtra. MGL has to its credit the distinction of pioneering the natural gas distribution network in Mumbai and its neighboring areas. MGL today is an ISO 9001:2008, ISO-14001 and OHSAS 18001 certified organization. Its Products are Domestic PNG, Commercial PNG, Industrial PNG and CNG.

Sector
Utilities
Industry
Utilities - Regulated Gas
HQ
Mumbai, Maharashtra
Chairman
Manoj Jain
CEO & MD
Sanjib Datta
Registrar
Link Intime India Pvt. Ltd.
Exchange
NSE
ISIN
INE002S01010
Cash segment only — no F&Omahanagargas.com ↗

Ownership

latest filing

Institutional Demand

passive ownership through ETFs

Peers

others in the same industry

Context

where this company sits

Latest News

Coverage mentioning this stock

Delivery & Volume

last 10 sessions

Frequently Asked

▶What is the share price of Mahanagar Gas Ltd today?

Mahanagar Gas Ltd (MGL) is trading at ₹1,023.1. The price shown is the latest available from the exchange feed and updates through the trading session.

▶What is MGL’s P/E ratio versus the sector?

MGL trades at a P/E of 14.6. Its industry median is shown alongside it in Key Stats, so you can see at a glance whether the stock is priced above or below the businesses it competes with. A lower P/E is not automatically cheaper — it can also reflect slower expected growth.

▶What is MGL’s dividend yield?

MGL has a dividend yield of 2.81%, based on dividends declared over the last twelve months against the current price. The full dividend history is on the News & Filings tab.

▶What is MGL’s 52-week high and low?

MGL has traded between ₹900 and ₹1,314 over the past year. The Trading Data block shows where the current price sits inside that band.

▶What is the market capitalisation of Mahanagar Gas Ltd?

Mahanagar Gas Ltd has a market capitalisation of ₹10,543 crore.

▶What is MGL’s return on equity?

MGL reports a return on equity of 12.3%. ROE measures profit generated per rupee of shareholder capital, and is most meaningful compared against others in Utilities - Regulated Gas.

▶Who are MGL’s competitors?

The Peers block on this page lists other Utilities - Regulated Gas companies with their price, P/E and market capitalisation. The Valuation tab compares multiples against the industry median in more depth.

▶What is MGL’s promoter holding?

Promoters hold 32.50% of MGL. The Ownership tab shows the full shareholding pattern — promoter, FII, DII and public — and how each has moved across recent quarters.

▶Which indices include MGL?

Index membership is listed in the Context block on this page, along with the weight MGL carries in each. That weight is what determines how much passive money tracks the stock.

▶Is Mahanagar Gas Ltd a good buy?

We do not publish buy or sell calls. What this page gives you instead is the evidence: our Value & Investment Index for where the price sits against its own history, the Fundamental Strength Index for the quality of the business, an investment checklist of criteria applied to every stock, and pros and cons generated from MGL’s own numbers. The judgement is yours.

MGL at a glance

Mahanagar Gas Ltd operates in the Utilities - Regulated Gas industry, part of the Utilities sector. Mahanagar Gas Ltd (MGL) last traded at ₹1,023.1, giving it a market capitalisation of ₹10,543 crore. The 52-week range is ₹900 to ₹1,314, and the price is 30% of the way up that range. It trades at a price-to-earnings ratio of 14.6. Promoters hold 32.50% of the company in the latest shareholding filing.

Market cap₹10,543 crore
P/E14.6
ROE12.3%
ROCE17.1%

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