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.
| Current Price | ₹1,092.20 |
|---|---|
| Market Cap | ₹10,789 Cr |
| Sector | Utilities > Utilities > Gas Utilities |
| Sub-Industry | Gas Utilities > Oil and Gas Distribution |
| P/E Ratio | 12.8 |
| Return on Equity | 13.63% |
| 52-Week Range | ₹900.00 – ₹1,586.90 |
| Beta (1Y) | 1.15 |
| Dividend Yield | 3.30% |
1. Selling and Distribution of Natural Gas-100%
Mahanagar Gas Ltd is trading at ₹1,092.20, with a market capitalisation of ₹10,789 Cr.
Mahanagar Gas Ltd operates in the Utilities > Utilities > Gas Utilities space (Gas Utilities > Oil and Gas Distribution).
Mahanagar Gas Ltd has a P/E of 12.8 and a return on equity of 13.63%.