Risk factor
Low price volatility
Profitability factor
Very strong margins and returns
About
Mahanagar Gas Limited operates as a natural gas distribution company in India. The company provides domestic piped natural gas (PNG), commercial PNG, industrial PNG, and compressed natural gas (CNG), as well as manufactures gas geysers. It operates 290 CNG filing stations that provides gas to approximately 8.5 lakh vehicles with 1,738 dispensing points; 550 km...
Company Valuation
From both historical and forecast perspectives, the stock is underpriced compared to similar stocks. In particular, the stock is reasonably priced on P/E, 'cheap' on EV/E
Target Price
The average target price of MGL.NS is 1367 and suggests 27% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr
Buy
Sell