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Mahanagar Gas (MAHGL IN)
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39
Analysis
Utilities
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India
Mahanagar Gas Limited (MGL) distributes natural gas. The Company provides gas to domestic customers such as hospitals, nursing homes, hotels, flight kitchens, and restaurants. MGL serves customers in India.
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bullish
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Mahanagar Gas
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01 Nov 2023 06:52
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Broker
Mahanagar Gas (Q2FY24): Attractive Valuation. Maintain BUY
Q2FY24 EBITDA, at INR 4.8bn, and APAT, at INR 3.4bn, came well above our estimates, owing to higher-than-expected per unit EBITDA margins and volume.
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bullish
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Mahanagar Gas
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06 Sep 2023 08:44
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Broker
Mahanagar Gas: Risk-Reward Favourable, Upgrade to BUY
Mahanagar Gas (MGL) stock price has corrected ~12% from the highs of August 2023 owing to weaker-than-expected volume growth
HDFC Securities
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280 Views
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bullish
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Mahanagar Gas
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05 Sep 2023 06:08
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Broker
Mahanagar Gas - Risk-Reward Favourable, Upgrade to BUY
Mahanagar Gas (MGL) stock price has corrected ~12% from the highs of August 2023 owing to weaker-than-expected volume growth
HDFC Securities
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285 Views
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bullish
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Mahanagar Gas
•
09 Aug 2023 08:01
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Broker
Mahanagar Gas (Q1FY24): Margins Offset Weak Volume Growth. Maintain ADD
Q1FY24 EBITDA, at INR 5.2bn, and APAT, at INR 3.7bn, came well above our estimates, owing to higher-than-expected per unit EBITDA margins
HDFC Securities
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236 Views
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bullish
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Mahanagar Gas
•
08 Aug 2023 07:23
•
Broker
Mahanagar Gas (Q1FY24): Margins Offset Weak Volume Growth.
Q1FY24 EBITDA, at INR 5.2bn, and APAT, at INR 3.7bn, came well above our estimates, owing to higher-than-expected per unit EBITDA margins
HDFC Securities
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283 Views
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