MGL stock check: Shares of city gas distributor (CGD) Mahanagar Gas Ltd (MGL) have rallied 31 per cent in the last three months and outperformed the 30-share BSE Sensex by nearly 22 per cent. In the ...
Indraprastha Gas on the other hand has seen elevated concerns on rising EV (electric Vehicle) penetration in Delhi NCR (national capital region) impacting CNG demand. For Gujarat gas the competition ...
Shares of city gas distribution (CGD) companies were tanking at the bourses on Monday after the government slashed its Administered Price Mechanism (APM) allocation to these companies by another 20%.
City gas distributors (CGDs) Mahanagar Gas Ltd (MGL), Indraprastha Gas Ltd (IGL) and Gujarat Gas Ltd are in focus, as February's CNG vehicle registrations normalised after January's seasonal high.
Shares of IGL and MGL surged over 5% on Tuesday, hitting record highs after global brokerage firm UBS upgraded IGL to a 'Buy' rating. (Photo: Reuters) Shares of Indraprastha Gas Ltd. (IGL) and ...
Mumbai: Citizens, who have been using the prepaid fuel cards of Mahanagar Gas Limited (MGL), have found themselves in a fix after the cards were discontinued, and the MGL gas stations have been ...
The company expects to maintain an EBITDA per scm of Rs 9-11 for the coming few years. (Image/PTI) City Gas Distribution company Mahangar Gas (MGL) is looking at a significant expansion in its CNG ...
The company’s revenue during the period under review, however, took a hit and came in lower at Rs 1,723.77 crore in comparison to Rs 1,838.44 crore recorded last year. Jefferies retained a ‘buy’ call ...
Mumbai News: MGL Waives Security Deposit To Help Bakeries, Eateries Switch To PNG Amid BMC Crackdown
To facilitate the bakeries and eateries in Mumbai to convert to PNG, Mahanagar Gas Ltd (MGL) has waived off the security deposit and other charges to help the establishments convert to green fuel. The ...
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