Mahanagar Gas Limited Share Price & Technical Analysis

MGL · ₹1,075 (+1.91%)

Utilities / Utilities - Regulated Gas

AI Score 26 · Bearish

₹1,075

+1.91%

Mahanagar Gas Limited operates as a natural gas distribution company in India. The company supplies piped natural gas (PNG) to domestic households for cooking and water heating, as well as for nursing homes, flight kitchens, and places of worship; commercial establishments, including hospitals, hotels, restaurants, and charitable trusts; and industries, such as metals, pharmaceuticals, printing an

Price chart

Seasonality

May has 1 positive and 4 negative years (last 5 years shown)

-6% return in May, -2% avg return in past 3 year May month.

3% return in 2026, 12% avg return in past 3 years.

Swipe sideways to see all months →

JanFebMarAprMayJunJulAugSepOctNovDecYr
26-7%17%-22%21%-6%3%
258%-8%10%-2%-2%11%-9%-8%2%-2%-6%-6%-10%
2423%0%-9%5%-10%18%16%-4%8%-26%-18%7%11%
235%1%9%1%5%-1%6%-8%0%-1%1%15%34%
22-5%-12%7%-2%-1%0%-1%14%-4%5%5%-8%-2%

Monthly return % by calendar month · historical pattern, not a forecast

AI snapshotScore 26/100

Bearish · Downtrend · Neutral

Mahanagar Gas Limited operates as a natural gas distribution company in India. The company supplies piped natural gas (PNG) to domestic households for cooking and water heating, as well as for nursing homes, flight kitchens, and places of worship; commercial establishments, including hospitals, hotels, restaurants, and charitable trusts; and industries, such as metals, pharmaceuticals, printing and dyeing, food and beverages, oil mills, FMCG product manufacturers, power generation, and air-conditioning. It also provides compressed natural gas to transport sector. In addition, it engages in sale of pipes and fittings required for construction of pipeline infrastructure. Further, the company supplies liquefied natural gas to heavy motor vehicles. The company operates 385 CNG filling stations with 2,399 dispensing points; 652 kilometers of steel pipeline; and 6887 kilometers of poly-ethylene pipeline. Mahanagar Gas Limited was incorporated in 1995 and is based in Mumbai, India.

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Key metrics

Market cap

₹105.14B

P/E ratio

12.49

52W high

₹1,587

52W low

₹900.0

Volume

1,82,319

Beta

0.78

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Frequently asked questions

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