Mahanagar Gas

MGL29 Apr 2024

Gas Distribution

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-17.80 (-1.22%)

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Mahanagar Gas

Gas Distribution

MGL29 Apr 2024

₹

-17.80 (-1.22%)

OverviewFundamentalsFutures Options

Corporate action

Peer comparison

Income Sheet

Balance sheet

Cash flow

Share holding

About Us

Corporate Action

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

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Dividends

Bonus

Splits

Others

Ex-Date	Type	Description	Record Date
23-Jan-2024	D	We wish to inform you that the Board of Directors of the Company at its meeting held today i.e. Tuesday, January 23, 2024 has inter-alia approved the following: Interim Dividend of Rs. 12/- per equity share having face value of Rs. 10/- each (i.e. 120%) for the Financial Year 2023-2024 and fixed Monday, 5th February 2024 as the Record Date for the purpose of determining the eligibility of shareholders for the Interim Dividend. The Interim Dividend for the Financial Year 2023-2024 shall be paid to all the eligible shareholders within 30 days from the date of declaration. The Board Meeting commenced at 1200 hours and concluded at 1700 hours.	05-Feb-2024
08-May-2023	D	We wish to inform you that the Board of Directors of the Company at its meeting held today i.e. Monday, 08th May 2023 has inter-alia approved the following: Final Dividend of Rs. 16/- per equity share having face value of Rs. 10/- each (i.e. 160%) for the Financial Year 2022-2023. This is in addition to the Interim Dividend of Rs. 10/- per equity share (i.e. 100%) paid to all the eligible equity shareholders, as declared by the Board of Directors at its meeting held on 02nd February 2023. Accordingly, the total dividend for the Financial Year 2022-2023 will be Rs.26/- per equity share having face value of Rs. 10/- each (i.e. 260%). The Record Date for the purpose of 28th AGM and ascertaining eligibility of Final Dividend for FY 2022-23 is Wednesday, August 16, 2023 (As Per BSE Announcement dated on 31.07.2023)	14-Aug-2023
02-Feb-2023	D	The Board of Directors of the Company at its meeting held today i.e. Thursday, 02nd February 2023 has inter-alia approved the Interim Dividend of Rs. 10/- per equity share having face value of Rs. 10/- each (i.e. 100%) for the Financial Year 2022-2023 and fixed Tuesday, 14th February 2023 as the Record Date for the purpose of determining the eligibility of shareholders for the Interim Dividend. The Interim Dividend for the Financial Year 2022-2023 shall be paid to all the eligible shareholders within 30 days from the date of declaration.	14-Feb-2023
10-May-2022	D	We wish to inform you that the Board of Directors of the Company at its meeting held today i.e. Tuesday, May 10, 2022 has inter alia approved the following: 1. Audited Financial Results for the quarter and Financial Year ended March 31, 2022 along with the Audit Report thereon and the Statement of Cash Flows and the Statement of Assets and Liabilities for the half year ended March 31, 2022 as reviewed and recommended by the Audit Committee pursuant to Regulation 33 of the Listing Regulations. The Performance Indicators for the said period are also enclosed. 2. Approved Final Dividend of Rs. 15.50 per equity share having face value of Rs. 10/- each (i.e. 155%) for the Financial Year ended March 31, 2022, subject to the approval of shareholders at the ensuing Annual General Meeting. We request you to take the above information on your records.	11-Aug-2022
08-Feb-2022	D	We wish to inform you that the Board of Directors of the Company at its meeting held today i.e. Tuesday, February 08, 2021 has inter-alia approved the following: Interim Dividend of Rs. 9.50/- per equity share having face value of Rs. 10/- each (i.e. 95 %) for the Financial Year 2021-2022 and fixed Friday, February 18, 2022 as the record date.	17-Feb-2022
24-May-2021	D	Mahanagar Gas Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 24, 2021, inter alia, has recommended Final Dividend of Rs. 14/- per equity share having face value of Rs. 10/- each for the Financial Year ended March 31, 2021 for approval of shareholders at the ensuing Annual General Meeting.	17-Sep-2021
09-Feb-2021	D	Mahanagar Gas Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 09, 2021 inter-alia, has approved the following:- Interim Dividend of Rs. 9.00/- per equity share having face value of Rs. 10/- each (i.e. 90 %) for the Financial Year 2020-2021.	18-Feb-2021
11-Jun-2020	D	Mahanagar Gas Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 10, 2020, inter alia, has recommended a Final Dividend of Rs. 10.50/- and Special Dividend of Rs. 15/- per equity share having face value of Rs. 10/- each for the financial year ended March 31, 2020 for approval of the Shareholders at the ensuing Annual General Meeting. The Final Dividend for the Financial Year 2019-2020 shall be paid on the seventh working day from the conclusion of the Annual General Meeting, subject to approval of the shareholders of the Company. In continuation to our letter dated March 30, 2020 and June 01, 2020, we wish to inform you that, the Board of Directors at its meeting held today i.e. June 10, 2020, inter alia: 1. Approved the Audited Financial Results for the Quarter and Financial Year ended March 31, 2020 as recommended by the Audit Committee. 2. Recommended a Final Dividend of 10.50/- and Special Dividend of 15/- per equity share having face value of 10/- each for the financial year ended March 31, 2020 for approval of the Shareholders at the ensuing Annual General Meeting. The Final Dividend for the Financial Year 2019-2020 shall be paid on the seventh working day from the conclusion of the Annual General Meeting, subject to approval of the shareholders of the Company. (As Per BSE Announcement Dated on 10/06/2020)	16-Sep-2020
11-Jun-2020	D	Mahanagar Gas Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 10, 2020, inter alia, has recommended a Final Dividend of Rs. 10.50/- and Special Dividend of Rs. 15/- per equity share having face value of Rs. 10/- each for the financial year ended March 31, 2020 for approval of the Shareholders at the ensuing Annual General Meeting. The Final Dividend for the Financial Year 2019-2020 shall be paid on the seventh working day from the conclusion of the Annual General Meeting, subject to approval of the shareholders of the Company. In continuation to our letter dated March 30, 2020 and June 01, 2020, we wish to inform you that, the Board of Directors at its meeting held today i.e. June 10, 2020, inter alia: 1. Approved the Audited Financial Results for the Quarter and Financial Year ended March 31, 2020 as recommended by the Audit Committee. 2. Recommended a Final Dividend of 10.50/- and Special Dividend of 15/- per equity share having face value of 10/- each for the financial year ended March 31, 2020 for approval of the Shareholders at the ensuing Annual General Meeting. The Final Dividend for the Financial Year 2019-2020 shall be paid on the seventh working day from the conclusion of the Annual General Meeting, subject to approval of the shareholders of the Company. (As Per BSE Announcement Dated on 10/06/2020)	16-Sep-2020
26-Feb-2020	D	Mahanagar Gas Ltd has informed BSE that the Board of Directors of the Company at their meeting held on February 26, 2020, have declared an Interim Dividend of Rs. 9.50/- per equity share having face value of Rs. 10/- each (i.e. 95%) for the Financial Year 2019-2020. The Interim Dividend for the Financial Year 2019-2020 shall be paid to all the eligible shareholders on March 16, 2020.	06-Mar-2020
09-May-2019	D	Mahanagar Gas Ltd has informed BSE that the Board of Directors at its meeting held on May 09, 2019, inter alia, has recommended a Final Dividend of Rs. 10.50/- per equity share having face value of Rs. 10/- each for the financial year ended March 31, 2019 for approval of the Shareholders at the ensuing Annual General Meeting.	29-Aug-2019
30-Jan-2019	D	Mahanagar Gas Ltd has informed BSE that the Board of Directors of the Company at their meeting held on January 29, 2019, inter alia, has declared an Interim Dividend of Rs. 9.5/- per equity share having face value of Rs. 10/- each (i.e. 95%) for the Financial Year 2018-19.	07-Feb-2019
21-May-2018	D	Board approved Audited Financials for Quarter and year ended March 31, 2018 and recommended dividend	07-Sep-2018
10-Feb-2018	D	Mahanagar Gas Ltd has informed BSE that the Board of Directors of the Company at their meeting held on February 09, 2018, inter alia, have declared an interim dividend of Rs. 8/- per equity share having face value of Rs. 10/- each (i.e. 80%) for the Financial Year 2017-18.	20-Feb-2018
26-May-2017	D	Mahanagar Gas Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 26, 2017, inter alia, has recommended a final dividend of Rs. 11/- per equity share of face value Rs. 10/- each for the financial year ended March 31, 2017, subject to approval of the Shareholders. This is in addition to the interim dividend of Rs. 8/- per equity share paid to all eligible shareholders on February 23, 2017. With this, the total dividend for the year shall be Rs. 19/- per equity share (normal dividend of Rs. 12.50 and special dividend of Rs. 6.50) of face value Rs. 10/- each.	14-Sep-2017
12-Feb-2017	D	Mahanagar Gas Ltd has informed BSE that Board of Directors in their meeting held February 11, 2017, inter alia, has declared interim dividend of Rs. 8/- per equity share of Rs. 10/- each (i.e. 80 %) on the equity shares of the Company for the Financial Year 2016-17.	17-Feb-2017
22-Aug-2016	D	Mahanagar Gas Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2016 had recommended a final dividend @175% inter alia Rs. 17.50 (including Special Dividend of Rs. 7.50) per share on 89341600 equity shares of Rs. 10/- each of the Company for approval of the shareholders in the forthcoming Annual General Meeting of the Company.	15-Sep-2016
22-Aug-2016	D	Mahanagar Gas Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2016 had recommended a final dividend @175% inter alia Rs. 17.50 (including Special Dividend of Rs. 7.50) per share on 89341600 equity shares of Rs. 10/- each of the Company for approval of the shareholders in the forthcoming Annual General Meeting of the Company.	15-Sep-2016
23-Jan-2024	BC	We wish to inform you that the Board of Directors of the Company at its meeting held today i.e. Tuesday, January 23, 2024 has inter-alia approved the following: Interim Dividend of Rs. 12/- per e	31-Mar-2024
23-Jan-2024	BC	Rs.12.0000 per share(120%)Interim Dividend	05-Feb-2024
23-Jan-2024	BC	120% Interim Dividend	05-Feb-2024
15-Jan-2024	BC	Mahanagar Gas Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/01/2024 inter alia to consider and approve Pursuant to Regulation 29 of the SEBI (Listin	23-Jan-2024
20-Dec-2023	BC	Pursuant to Regulation 30 of SEBI (LODR) Regulations 2015 we submit herewith the Notice of Postal Ballot for seeking approval of members of the Company. We submit herewith the Voting Results along	21-Jan-2024

Announcement Date23-Jan-2024

Ex Dividend Date05-Feb-2024

Dividend(%)120

Announcement Date08-May-2023

Ex Dividend Date14-Aug-2023

Dividend(%)160

Announcement Date02-Feb-2023

Ex Dividend Date14-Feb-2023

Dividend(%)100

Announcement Date10-May-2022

Ex Dividend Date11-Aug-2022

Dividend(%)155

Announcement Date08-Feb-2022

Ex Dividend Date17-Feb-2022

Dividend(%)95

Announcement Date24-May-2021

Ex Dividend Date17-Sep-2021

Dividend(%)140

Announcement Date09-Feb-2021

Ex Dividend Date18-Feb-2021

Dividend(%)90

Announcement Date11-Jun-2020

Ex Dividend Date16-Sep-2020

Dividend(%)105

Announcement Date11-Jun-2020

Ex Dividend Date16-Sep-2020

Dividend(%)150

Announcement Date26-Feb-2020

Ex Dividend Date06-Mar-2020

Dividend(%)95

Announcement Date09-May-2019

Ex Dividend Date29-Aug-2019

Dividend(%)105

Announcement Date30-Jan-2019

Ex Dividend Date07-Feb-2019

Dividend(%)95

Announcement Date21-May-2018

Ex Dividend Date07-Sep-2018

Dividend(%)110

Announcement Date10-Feb-2018

Ex Dividend Date20-Feb-2018

Dividend(%)80

Announcement Date26-May-2017

Ex Dividend Date14-Sep-2017

Dividend(%)110

Announcement Date12-Feb-2017

Ex Dividend Date17-Feb-2017

Dividend(%)80

Announcement Date22-Aug-2016

Ex Dividend Date15-Sep-2016

Dividend(%)100

Announcement Date22-Aug-2016

Ex Dividend Date15-Sep-2016

Dividend(%)75

No Rights has been declared by MGL

Book Closure

Record Date	Split Date	Purpose
31-Mar-2024	-	We wish to inform you that the Board of Directors of the Company at its meeting held today i.e. Tuesday, January 23, 2024 has inter-alia approved the following: Interim Dividend of Rs. 12/- per e
05-Feb-2024	-	Rs.12.0000 per share(120%)Interim Dividend
05-Feb-2024	-	120% Interim Dividend
23-Jan-2024	-	Mahanagar Gas Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/01/2024 inter alia to consider and approve Pursuant to Regulation 29 of the SEBI (Listin
21-Jan-2024	01 Jan'1900	Pursuant to Regulation 30 of SEBI (LODR) Regulations 2015 we submit herewith the Notice of Postal Ballot for seeking approval of members of the Company. We submit herewith the Voting Results along

Peer Comparison

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Scrip Name	Price	Daily Change	M.Cap (Cr)	1 Year Returns %	P/E (TTM)	PB Ratio
Mahanagar Gas Ltd ₹1,442.95(-17.80/-1.22%)	1,442.95	-17.80	14,428.96	44.16	11.16	3.08
GAIL (India) Ltd ₹210.20(+2.15/1.03%)	210.20	+2.15	136,794.95	88.88	18.83	2.25
Petronet LNG Ltd ₹306.50(-2.25/-0.73%)	306.50	-2.25	46,312.50	30.99	13.57	2.88
IRM Energy Ltd ₹562.65(-5.70/-1.00%)	562.65	-5.70	2,333.63	0.00	27.89	2.53
Adani Total Gas Ltd ₹918.75(-0.30/-0.03%)	918.75	-0.30	101,078.05	-0.13	170.83	31.34
Indraprastha Gas Ltd ₹460.30(+0.90/0.20%)	460.30	+0.90	32,158.04	-5.56	18.98	3.99

Income Sheet

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Standalone

Consolidated

Column	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22
Gross Sales	1723.77	1728.94	1690.18	1771.81	1838.44	1717.53
Excise Duty	155.01	158.01	152.39	161.33	167.05	154.87
Net Sales	1568.76	1570.93	1537.79	1610.48	1671.39	1562.66
Other Operating Income	0.00	0.00	0.00	0.00	0.00	0.00
Other Income	48.07	43.71	38.95	33.64	32.25	25.98
Total Income	1616.83	1614.64	1576.74	1644.12	1703.64	1588.64
Total Expenditure	1120.07	1092.05	1016.52	1220.78	1415.29	1309.82
PBIDT	496.76	522.59	560.22	423.34	288.35	278.82
Interest	2.72	2.47	2.51	2.21	2.42	2.47
PBDT	494.04	520.12	557.71	421.13	285.93	276.35
Depreciation	68.29	65.79	62.04	63.83	58.53	55.10
Tax	99.39	106.66	119.67	83.51	56.85	57.21
Deferred Tax	9.18	9.17	7.60	4.98	-1.52	0.07
Reported Profit After Tax	317.18	338.50	368.40	268.81	172.07	163.97
Extra-ordinary Items	0.00	0.00	0.00	0.00	0.00	0.00
Adjusted Profit After Extra-ordinary item	317.18	338.50	368.40	268.81	172.07	163.97

EPS (Unit Curr.)	32.11	34.27	37.30	27.21	17.42	16.60
EPS (Adj) (Unit Curr.)	32.11	34.27	37.30	27.21	17.42	16.60
Calculated EPS (Unit Curr.)	32.11	34.27	37.30	27.21	17.42	16.60
Calculated EPS (Adj) (Unit Curr.)	32.11	34.27	37.30	27.21	17.42	16.60
Calculated EPS (Ann.) (Unit Curr.)	128.44	137.07	149.18	108.85	69.68	66.40
Calculated EPS (Adj) (Ann.) (Unit Curr.)	128.44	137.07	149.18	108.85	69.68	66.40
Book Value (Unit Curr.)	0.00	0.00	0.00	0.00	0.00	0.00
Dividend (%)	0.00	0.00	0.00	0.00	100.00	0.00
Equity	98.78	98.78	98.78	98.78	98.78	98.78
Reserve & Surplus	0.00	0.00	0.00	0.00	0.00	0.00
Face Value	10.00	10.00	10.00	10.00	10.00	10.00

Public Shareholding (No. Of Shares)	0.00	0.00	0.00	0.00	0.00	0.00
Public Shareholding (% in Equity)	0.00	0.00	0.00	0.00	0.00	0.00

Pledged/Encumbered - No. of Shares	0.00	0.00	0.00	0.00	0.00	0.00
Pledged/Encumbered - % in Total Promoters Holding	0.00	0.00	0.00	0.00	0.00	0.00
Pledged/Encumbered - % in Total Equity	0.00	0.00	0.00	0.00	0.00	0.00

Non Encumbered - No. of Shares	0.00	0.00	0.00	0.00	0.00	0.00
Non Encumbered - % in Total Promoters Holding	0.00	0.00	0.00	0.00	0.00	0.00
Non Encumbered - % in Total Equity	0.00	0.00	0.00	0.00	0.00	0.00

PBIDTM(%)	31.67	33.27	36.43	26.29	17.25	17.84
PBDTM(%)	31.49	33.11	36.27	26.15	17.11	17.68
PATM(%)	20.22	21.55	23.96	16.69	10.30	10.49

Balance Sheet

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Standalone

Consolidated

Column	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18
SOURCES OF FUNDS :
Share Capital	98.78	98.78	98.78	98.78	98.78	98.78
Reserves Total	4035.44	3498.53	3133.59	2853.89	2300.09	1996.57
Equity Share Warrants	0.00	0.00	0.00	0.00	0.00	0.00
Equity Application Money	0.00	0.00	0.00	0.00	0.00	0.00
Total Shareholders Funds	4134.22	3597.31	3232.37	2952.67	2398.87	2095.35
Secured Loans	0.00	0.00	0.00	0.00	0.00	0.00
Unsecured Loans	114.61	102.98	74.10	66.61	0.00	1.20
Total Debt	114.61	102.98	74.10	66.61	0.00	1.20
Total Liabilities	4248.83	3700.29	3306.47	3019.28	2398.87	2096.55
APPLICATION OF FUNDS :
Gross Block	4183.49	3546.25	2910.87	2598.70	2174.00	1818.73
Less : Accumulated Depreciation	1157.79	932.52	741.56	549.51	410.59	286.78
Less:Impairment of Assets	0.00	0.00	0.00	0.00	0.00	0.00
Net Block	3025.70	2613.73	2169.31	2049.19	1763.41	1531.95
Lease Adjustment	0.00	0.00	0.00	0.00	0.00	0.00
Capital Work in Progress	708.62	615.94	560.32	486.53	369.69	356.62
Producing Properties	0.00	0.00	0.00	0.00	0.00	0.00
Investments	1309.82	1088.28	1024.98	1121.47	654.02	687.68
Current Assets, Loans & Advances	0.00	0.00	0.00	0.00	0.00	0.00
Inventories	33.84	27.49	22.16	18.57	19.12	24.00
Sundry Debtors	294.03	184.04	127.52	68.43	99.53	88.47
Cash and Bank	227.87	465.17	511.86	229.47	298.84	91.88
Loans and Advances	140.66	80.13	67.79	67.26	102.59	83.47
Total Current Assets	696.40	756.83	729.33	383.73	520.08	287.82
Less : Current Liabilities and Provisions	0.00	0.00	0.00	0.00	0.00	0.00
Current Liabilities	1521.09	1293.34	1083.56	918.21	813.50	717.31
Provisions	19.31	12.71	10.59	10.90	7.69	5.95
Total Current Liabilities	1540.40	1306.05	1094.15	929.11	821.19	723.26
Net Current Assets	-844.00	-549.22	-364.82	-545.38	-301.11	-435.44
Miscellaneous Expenses not written off	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax Assets	49.52	41.04	31.56	29.02	9.80	9.80
Deferred Tax Liability	258.12	241.84	208.81	189.69	214.64	184.63
Net Deferred Tax	-208.60	-200.80	-177.25	-160.67	-204.84	-174.83
Total Assets	3991.54	3567.93	3212.55	2951.14	2281.17	1965.98
Contingent Liabilities	36.16	34.94	35.89	25.66	25.19	169.98

Cash Flow

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

PARTICULARS	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
Cash and Cash Equivalents at Beginning of the year	82.48	28.20	15.38	26.53	15.02
Net Cash from Operating Activities	969.30	903.67	805.53	985.24	684.64
Net Cash Used In Investing Activities	-649.09	-539.05	-443.91	-754.84	-438.56
Net Cash Used In Financing Activities	-284.79	-310.34	-348.80	-241.55	-234.56
Net Inc./Dec In Cash And Cash Equivalents	35.42	54.28	12.81	-11.16	11.52
Cash And Cash Equivalents At End Of The Year	117.90	82.48	28.19	15.38	26.53

Share Holding

These are actions taken by a company that impact the shareholders value directly. It is an event that brings material changes to a company and affects its stakeholders.

Promoter Shareholding

32.50%

FII Shareholding

30.55%

DII Shareholding

27.40%

Public Shareholding

9.55%

**Promoter pledged shareholding 32.50%

About Mahanagar Gas Ltd

Mahanagar Gas Ltd is in the Gas Distribution sector, having a market capitalization of Rs. 14428.96 crores. It has reported a sales of Rs. 1568.76 crores and a net profit of Rs. 317.18 crores for the quarter ended December 2018. The company management includes Sandeep Kumar Gupta, Syed Shahzad Hussain,Sanjay Shende,Malvika Sinha,Rajeev Bhaskar Sahi,Venkatraman Srinivasan,HARSHADEEP SHRIRAM KAMBLE,Ashu Shinghal,Sandeep Kumar Gupta (Mahanagar Gas Ltd) among others.

Chairman

Sandeep Kumar Gupta

Registered office

MGL House Block No G-33,Bandra-Kurla Complex Bandra(E),Mumbai,Maharashtra,400051

FAX :91-22-66756491

Background

Incorporation Year1995

Face Value₹10

Market Lot1

How to buy Mahanagar Gas shares on nse?

To buy Mahanagar Gas shares in Motilal Oswal, you just need to open a demat account and get your KYC documents verified

What is the Mahanagar Gas share price today?

The Mahanagar Gas shares price on nse is Rs.1442.95 today.

What is the market cap of Mahanagar Gas shares on BSE ?

The company has a market capitalization of Rs.14428.96Cr

What is the PE & PB ratio of Mahanagar Gas shares ?

PE is 11.16 and PB is 3.08

What is the 52 Week High and Low of Mahanagar Gas shares?

Mahanagar Gas stock price high: Rs.1579 Mahanagar Gas stock price low: Rs.971.1

How much dividend does Mahanagar Gas give?

Mahanagar Gas has issued a final dividend in August 2022, amounting to Rs. 15.5/share, and an interim dividend in February 2023 amounting to Rs. 10.0/share.

What is the book value of Mahanagar Gas stocks?

As on 22 April 2023, The book value of Mahanagar Gas stocks is 384.26.

How can I sell Mahanagar Gas stocks?

You can sell Mahanagar Gas stocks if you hold a demat account with a proficient broker such as Motilal Oswal. Your demat account must be linked to a trading account. Once you place a request to sell stocks with your broker, the sale is conducted and the proceeds are deposited in your linked bank account.

What is the ROI of Mahanagar Gas stocks?

As on 26th April 2023, The ROI of Mahanagar Gas stocks is +24.15 % for the last 1 year, and +8.38 % for the last 3 years.

How has the Mahanagar Gas stock price performed last year?

As on 26th April 2023, in the last year, the Mahanagar Gas stock has given a return of +24.15%.

What is the trending volume of Mahanagar Gas stocks?

The trading volume of Mahanagar Gas stocks is 1.63 lakhs as of 22 April 2023.