Mahanagar Gas Ltd

Mahanagar Gas Ltd Share Price Today: Live Updates & Key Insights

Get insights on Mahanagar Gas Ltd’s fundamentals, financials, shareholding, peer comparison, corporate actions & performance. Track key metrics, price trends & market sentiment for informed decisions. Explore all data at Motilal Oswal.

Mahanagar Gas Ltd Share Price Chart

Mahanagar Gas Ltd Fundamentals

Traded Volume: 1,37,246

Market Cap(Cr): 11,998

Avg Traded Price 1220.12

1 Year return 7.93%

Upper Circuit 1,233

Lower Circuit 1,212.7

P/E TTM 12.00

P/B Ratio 99.00

Traded Value(Cr) 1666.99

EPS TTM 98.964

Book value 98.964

Dividend 2.00%

Mahanagar Gas Ltd Share Price Performance

Shows the percentage change in stock price over different time periods

This section highlights Mahanagar Gas Ltd stock price performance across key timeframes, including 1-week, 1-month, 3-month, Year-To-Date (YTD), and 1-year returns. It provides insights into the Mahanagar Gas Ltd share price history, short-term movements, long-term trends, and overall investor sentiment

1W -1.40%

1M -5.31%

3M -9.35%

1Y +7.93%

YTD -4.07%

Mahanagar Gas Ltd Traded Volume Movement

Shows the trading volume over different time periods

This section highlights Mahanagar Gas Ltd daily and average traded volumes, offering insights into investor activity and market liquidity. Higher volumes than average often indicate rising interest, news impact, or shifting market sentiment

Yesterday 2.12L

Day Before Yesterday 3.66L

1W Avg 2.86L

1M Avg 2.31L

3M Avg 2.76L

Mahanagar Gas Ltd Technical Details

Mahanagar Gas Ltd technical indicators, such as support and resistance levels and pivot points, are calculated based on historical price and volume trends. These metrics help traders anticipate possible price movements and make informed trading decisions.

Support 1 1207

Support 2 1200

Support 3 1187

Pivot Point : 1220

Resistance 1 1228

Resistance 2 1240

Resistance 3 1248

Mahanagar Gas Ltd Corporate Actions

Mahanagar Gas Ltd corporate actions include dividends, bonus issues, stock splits, and key company updates that may affect share price and investor sentiment. This section provides timely details on past and upcoming actions, including ex-date, record date, and payout ratio - helping investors make informed decisions based on Mahanagar Gas Ltd’s capital allocation strategies.

All

Ex-Date 14-Aug-2025 Type D Description 18.00/share@180.00% Record Date 14-Aug-2025 Ratio 180.00

Ex-Date 03-Feb-2025 Type D Description 12.00/share@120.00% Record Date 03-Feb-2025 Ratio 120.00

Ex-Date 14-Aug-2024 Type D Description 18.00/share@180.00% Record Date 14-Aug-2024 Ratio 180.00

Ex-Date 05-Feb-2024 Type D Description 12.00/share@120.00% Record Date 05-Feb-2024 Ratio 120.00

Ex-Date 14-Aug-2023 Type D Description 16.00/share@160.00% Record Date 16-Aug-2023 Ratio 160.00

Ex-Date 14-Feb-2023 Type D Description 10.00/share@100.00% Record Date 14-Feb-2023 Ratio 100.00

Ex-Date 11-Aug-2022 Type D Description 15.50/share@155.00% Record Date - Ratio 155.00

Ex-Date 17-Feb-2022 Type D Description 9.50/share@95.00% Record Date 18-Feb-2022 Ratio 95.00

Ex-Date 17-Sep-2021 Type D Description 14.00/share@140.00% Record Date - Ratio 140.00

Ex-Date 18-Feb-2021 Type D Description 9.00/share@90.00% Record Date 22-Feb-2021 Ratio 90.00

Ex-Date 16-Sep-2020 Type D Description 15.00/share@150.00% Record Date - Ratio 150.00

Ex-Date 16-Sep-2020 Type D Description 10.50/share@105.00% Record Date - Ratio 105.00

Ex-Date 06-Mar-2020 Type D Description 9.50/share@95.00% Record Date 09-Mar-2020 Ratio 95.00

Ex-Date 29-Aug-2019 Type D Description 10.50/share@105.00% Record Date - Ratio 105.00

Ex-Date 07-Feb-2019 Type D Description 9.50/share@95.00% Record Date 08-Feb-2019 Ratio 95.00

Ex-Date 07-Sep-2018 Type D Description 11.00/share@110.00% Record Date - Ratio 110.00

Ex-Date 20-Feb-2018 Type D Description 8.00/share@80.00% Record Date 21-Feb-2018 Ratio 80.00

Ex-Date 14-Sep-2017 Type D Description 11.00/share@110.00% Record Date - Ratio 110.00

Ex-Date 17-Feb-2017 Type D Description 8.00/share@80.00% Record Date 20-Feb-2017 Ratio 80.00

Ex-Date 15-Sep-2016 Type D Description 7.50/share@75.00% Record Date - Ratio 75.00

Ex-Date 15-Sep-2016 Type D Description 10.00/share@100.00% Record Date - Ratio 100.00

Dividends

Announcement Date 14-Aug-2025 Ex Dividend Date 14-Aug-2025 Dividend(%) 180

Announcement Date 03-Feb-2025 Ex Dividend Date 03-Feb-2025 Dividend(%) 120

Announcement Date 14-Aug-2024 Ex Dividend Date 14-Aug-2024 Dividend(%) 180

Announcement Date 05-Feb-2024 Ex Dividend Date 05-Feb-2024 Dividend(%) 120

Announcement Date 14-Aug-2023 Ex Dividend Date 14-Aug-2023 Dividend(%) 160

Announcement Date 14-Feb-2023 Ex Dividend Date 14-Feb-2023 Dividend(%) 100

Announcement Date 11-Aug-2022 Ex Dividend Date 11-Aug-2022 Dividend(%) 155

Announcement Date 17-Feb-2022 Ex Dividend Date 17-Feb-2022 Dividend(%) 95

Announcement Date 17-Sep-2021 Ex Dividend Date 17-Sep-2021 Dividend(%) 140

Announcement Date 18-Feb-2021 Ex Dividend Date 18-Feb-2021 Dividend(%) 90

Announcement Date 16-Sep-2020 Ex Dividend Date 16-Sep-2020 Dividend(%) 150

Announcement Date 16-Sep-2020 Ex Dividend Date 16-Sep-2020 Dividend(%) 105

Announcement Date 06-Mar-2020 Ex Dividend Date 06-Mar-2020 Dividend(%) 95

Announcement Date 29-Aug-2019 Ex Dividend Date 29-Aug-2019 Dividend(%) 105

Announcement Date 07-Feb-2019 Ex Dividend Date 07-Feb-2019 Dividend(%) 95

Announcement Date 07-Sep-2018 Ex Dividend Date 07-Sep-2018 Dividend(%) 110

Announcement Date 20-Feb-2018 Ex Dividend Date 20-Feb-2018 Dividend(%) 80

Announcement Date 14-Sep-2017 Ex Dividend Date 14-Sep-2017 Dividend(%) 110

Announcement Date 17-Feb-2017 Ex Dividend Date 17-Feb-2017 Dividend(%) 80

Announcement Date 15-Sep-2016 Ex Dividend Date 15-Sep-2016 Dividend(%) 75

Announcement Date 15-Sep-2016 Ex Dividend Date 15-Sep-2016 Dividend(%) 100

Bonus

No Bonus has been declared by MGL

Splits

No Split has been declared by MGL

Others

Rights No Rights has been declared by MGL

Mahanagar Gas Ltd Peer Comparison

Shows key financial metrics for the company and its peers

This section compares Mahanagar Gas Ltd with leading peers in the banking sector based on key metrics such as market capitalization, 1-year return, P/E (TTM), and PB ratio. It helps investors evaluate Mahanagar Gas Ltd's relative performance and valuation against major competitors.

Stock Name Indraprastha Gas Ltd ₹201.40 (-1.30%) M. Cap (Cr) 281.96 1 Yr Return (%) +29.35% P/E (TTM) 17.66 PB Ratio 2.67

Stock Name Gujarat Gas Ltd ₹398.75 (-0.82%) M. Cap (Cr) 274.50 1 Yr Return (%) -12.09% P/E (TTM) 24.59 PB Ratio 3.44

Stock Name Gujarat State Petronet Ltd ₹298.20 (-0.86%) M. Cap (Cr) 168.25 1 Yr Return (%) -10.22% P/E (TTM) 16.34 PB Ratio 1.50

Stock Name Mahanagar Gas Ltd ₹1214.60 (-1.26%) M. Cap (Cr) 119.98 1 Yr Return (%) +7.93% P/E (TTM) 12.27 PB Ratio 2.04

Stock Name Va Tech Wabag Ltd ₹1394.20 (-1.33%) M. Cap (Cr) 86.85 1 Yr Return (%) -18.12% P/E (TTM) 27.12 PB Ratio 4.06

Stock Name Ion Exchange (India) Ltd ₹346.05 (-2.81%) M. Cap (Cr) 50.75 1 Yr Return (%) -45.23% P/E (TTM) 24.15 PB Ratio 4.20

Stock Name Enviro Infra Engineers Ltd ₹212.80 (-2.47%) M. Cap (Cr) 37.35 1 Yr Return (%) NaN% P/E (TTM) 18.62 PB Ratio 9.40

Mahanagar Gas Ltd Cash Flow

Cash flow data provides a view of how money is generated and spent by Mahanagar Gas Ltd, across its operating activities, investing activities, and financing activities.

PARTICULARS Operating Activities Mar 2025 1368.45 Mar 2024 1563.10 Mar 2023 969.30 Mar 2022 903.68 Mar 2021 805.53

PARTICULARS Investing Activities Mar 2025 -1000.97 Mar 2024 -1266.75 Mar 2023 -649.09 Mar 2022 -539.05 Mar 2021 -443.91

PARTICULARS Financing Activities Mar 2025 -335.87 Mar 2024 -311.56 Mar 2023 -284.79 Mar 2022 -310.34 Mar 2021 -348.80

PARTICULARS Net Cash Flow Mar 2025 31.61 Mar 2024 -15.21 Mar 2023 35.42 Mar 2022 54.30 Mar 2021 12.81

Mahanagar Gas Ltd Shareholding Pattern

This shows the ownership breakdown of Mahanagar Gas Ltd, highlighting participation from Foreign Institutional Investors (FII), Mutual Funds, Public, Other Institutions, and Promoters.

Promoter 32.5%

Public 11.01%

Other Institutions 21.7%

FII 23.59%

Mutual Funds 11.19%

About Mahanagar Gas Ltd

Mahanagar Gas Limited (MGL) is one of the largest city gas distribution (CGD) companies in India. MGL is the sole authorized distributor of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) in Mumbai, Thane urban and adjoining municipalities and the Raigad district in State of Maharashtra, India. The Company distributes CNG for use in motor vehicles and PNG for domestic household as well as for commercial and industrial use. MGL distributes natural gas through an extensive CGD network of pipelines.Mahanagar Gas Limited (MGL) was incorporated in 1995, as a joint venture between the Gas Authority of India Limited (GAIL), the BG Group UK (formerly British Gas), and the Government of Maharashtra. During the year 2002-2003, the company expanded the Compressed Natural Gas (CNG) distribution network across the city of Mumbai and in the same year, the company set up additional 45 CNG outlets. During the same year, the company increased the compression capacity and dispensing to the level of 392,000 Kgs/per day and 192 Nos from 152,000 Kgs/per day 78 Nos respectively. During the same year, the company completed the construction work of MGL house at Bandra- Kurla Complex and modernization of operational office at City Gate Station at Sion.During the year 2004-2005, the company the set up a dedicated in- house call center to provide a 'single window' to consumers for redressal of their complaints and to resolve their queries. During the year 2005-2006, the company laid 2062 Kms of PE and Steel pipelines. It set up 122 CNG stations to meet the requirements of vehicular fuels, in which 8 CNG stations were set up in Thane and Mira Road. During the year 2006-2007, the company added 39,000 consumers, which includes around 100 commercial and industrial consumers. During the same year, the company commenced Thane-Vashi-Belapur (TVB) pipeline laying activities. In March 2007, the company commissioned PNG supply in South Mumbai. During the year 2007-2008, the company commenced CNG operations in the Navi Mumbai municipal area by opening a daughter-booster CNG station. During the same year, the company increased MGL's share of gas allocation from 1.37 MMSCMD to 1.62 MMSCMD and in the same year, the company supplemental agreement signed with B.E.S.T. for supplying CNG to their MIDI buses at CNG outlets other than B.E.S.T. depots. During the year 2008-2009, the company executed the Memorandum of Understanding between MGL and MSRTC for a period of 20 years for setting up CNG facility at MSRTC Kurla depot. During the same year, the company signed with NMMT Sale and Supply Agreement, valid for period of 20 years. During the year, the company completed laying 2,000 km of Polyethylene pipeline in Greater Mumbai Geographic Area 1 (GA 1).In 2010-11, Mahanagar Gas completed laying 200 km of steel pipeline in GA 1 in Greater Mumbai and achieved a customer base of 0.5 million domestic customers. In 2011-12, the company commissioned 150th CNG dispensing station. In 2012-13, the company completed laying more than 350 km of Polyethylene pipeline and 350 km of steel pipelines. In 2013-14, the company achieved a customer base of 1 million customers.Mahanagar Gas Limited (MGL) was listed on the bourses on 1 July 2016. The stock debuted at Rs 540 on BSE, a 28.26% premium to issue price of Rs 421.On 1 January 2017, Mahanagar Gas Limited (MGL) in association with M/s Eco Fuel (Indian Partners of Lovato, Italy) launched CNG fueled two-wheelers in Mumbai. On 24 April 2017, Mahanagar Gas Limited announced that it has crossed the 200th CNG station mark in Mumbai Metropolitan Region.On 18 May 2017, Mahanagar Gas Limited started commercial operations of CNG filling station in Raigad district in Maharashtra. On 5 June 2017, Mahanagar Gas Limited opened Piped Natural Gas (PNG) supply in Uran, Maharashtra. During 2017-18, the Company added 20 new CNG stations and upgraded 14 existing stations, which led to an increase in compression capacity by around 3.45 lakhs kg per day. It expanded its network in Raigad by operating about 5 CNG stations. It commissioned the high capacity composite cylinder Type-3 cascade for CNG transport vehicles.As of March 31, 2017, it had a supply network of over 4,838 kms of pipelines, including approximately 4,417 kms of polyethylene (medium and low pressure) pipelines and 421 kms of steel pipelines.As at March 31, 2017, it supplied CNG to over 5,45,505 vehicles through network of 203 CNG filling stations. It also provided PNG connections to over 9,48,892 domestic households, over 3,218 commercial and 62 industrial consumers in Mumbai and its adjoining areas.The stake of BG Asia Pacific Holdings Pte Limited (one of the promoter of the Company) reduced to 24% through sale of shares by them in April, 2018.During the year 2018-19, BG Asia Pacific Holdings Pte. Limited, one of the Promoter of Company sold its partial stake in the Company in two tranches viz. 8.50% on April 11, 2018 and 14% on August 23, 2018 and thereby reduced its stake from 32.50% to 10% as at the end of Financial Year 2018-19. The Company commenced construction of gas pipeline of about 13,500 km length across the country in 2018-19. As of March 31, 2019, it had a supply network of over 436.65 kms of steel pipelines, over 4,873.223 kms of polyethylene pipeline and over 236 CNG filling stations having more than 1,382 dispensing points. The Company expanded its network in Raigad by operating10 CNG stations. It added 18 new CNG stations and upgraded 33 existing stations, which led to an increase in compression capacityby around 3.176 lakhs kg per day.As of March 31, 2020, the Company had a supply network of over 476 kms of steel pipelines, over 5154 kms of polyethylene pipeline and 256 CNG filling stations with more than 1511 dispensing points. It expanded its network in Raigad with 14 CNG stations. In 2020-21, the Company expanded its network in Raigad by opening 18 CNG stations. In 2021-22, it introduced 24 new CNG stations and upgraded 26 CNG stations. It installed 305 kms of steel and PE pipelines. It commissioned an Electric Vehicle (EV) charging facility at the CNG station at CGS, Sion on 9th February 2022. It commenced gas supply of 6000 MMBTUD from 16th December 2021. It commissioned the first Online CNG station in GA-III - for M/s. Sarveshwari Petroleum, Somatane (HPCL); commissioned First Composite Dispensing Unit in India- M/s. Trimurti Pump & Service Station, Ajivali (HPCL). It expanded the network in Raigad with 23 CNG stations. In 2022-23, the Company commissioned First City Gate Station (CGS) at Savroli in Raigad, Maharashtra. Gas pipeline 314 Km was added in FY 2023. In 2024, Company has commissioned 36 new CNG stations. It acquired 100% equity shares of Unison Enviro Private Limited (UEPL), making it a wholly owned subsidiary in 2024. The Company, along with its new wholly owned subsidiary, Unison Enviro Private Limited has established a new national benchmark by connecting a record-breaking 3,30,330 domestic PNG consumers in 2023-24. The Company also incorporated a Joint Venture Company with Baidyanath LNG Private Limited, i.e. Mahanagar LNG Private Limited to carry out business of Liquefied Natural Gas (LNG) in India. Further, it acquired ~31% shareholding in 3EV Industries Pvt Ltd (3ev) and 19% shareholding as on March 31, 2024.MGL entered into Battery Cell manufacturing by forming a Joint Venture (JV) with International Battery Company Inc., USA in FY 2025. Through its JV Mahanagar LNG Pvt. Ltd. (MLPL), MGL commissioned its first LNG station in Aurangabad. It further commissioned 40 new CNG stations to enhance public access to cleaner fuels and extended PNG connections to approximately 0.34 million households.

Chairman & Non Executive Dir.

Sandeep Kumar Gupta

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

FAX :91-22-66952941

Background

Incorporation Year 1995

Face Value ₹10.00

Market Lot 1

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