Mahanagar Gas Ltd.

Mahanagar Gas Ltd., one of India's largest city gas distribution companies and the sole authorised distributor of compressed natural gas (CNG) and piped natural gas (PNG) in Mumbai, Thane, and Raigad districts, reported a concerning set of results for Q4 FY26, with consolidated net profit plunging 47.40% year-on-year to ₹129.94 crores. The sharp decline in profitability, despite modest revenue growth, has raised serious questions about the company's ability to navigate challenging market conditions.

Mahanagar Gas Ltd. is rated 'Sell' by MarketsMOJO, with this rating last updated on 07 Feb 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 08 May 2026, providing investors with the latest insights into its performance and outlook.

Mahanagar Gas Ltd. is rated 'Sell' by MarketsMOJO, with this rating last updated on 07 February 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 27 April 2026, providing investors with the latest insights into its performance and outlook.

Mahanagar Gas Ltd. is rated 'Sell' by MarketsMOJO, with this rating last updated on 07 February 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 16 April 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market performance.

Mahanagar Gas Ltd. has experienced a notable shift in its technical momentum, moving from a bearish stance to a mildly bearish outlook, reflecting a complex interplay of technical indicators. Despite a strong intraday rally pushing the stock price to ₹1,091.35, the broader technical signals remain mixed, suggesting cautious optimism for investors navigating the gas sector amid volatile market conditions.

Mahanagar Gas Ltd. has experienced a notable shift in its technical momentum, with key indicators signalling a transition from mildly bearish to bearish trends. Despite a modest intraday price gain, the stock’s broader technical landscape suggests caution for investors amid deteriorating momentum and a downgrade in its Mojo Grade to Sell.

Mahanagar Gas Ltd. has experienced a subtle shift in its technical momentum, moving from a bearish to a mildly bearish trend, reflecting mixed signals from key indicators such as MACD, RSI, and moving averages. Despite a modest daily price gain, the stock continues to face headwinds amid broader sectoral and market pressures.

Mahanagar Gas Ltd. is rated 'Sell' by MarketsMOJO, with this rating last updated on 07 February 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 05 April 2026, providing investors with the latest insights into its performance and outlook.

Mahanagar Gas Ltd. is rated 'Sell' by MarketsMOJO, with this rating last updated on 07 February 2026. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 25 March 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market performance.

For the fourth consecutive session, Mahanagar Gas Ltd. has seen its share price decline, culminating in a fresh 52-week low of Rs 920.85 on 23 Mar 2026. This marks a 9.16% drop over the last four days, signalling sustained selling pressure despite the broader sector's relatively milder fall.

For the fourth consecutive session, Mahanagar Gas Ltd. has closed lower, culminating in a fresh 52-week low of Rs 920.85 on 23 Mar 2026. This marks a 9.16% decline over the past four days, reflecting sustained selling pressure amid broader sector weakness.

For the third consecutive session, Mahanagar Gas Ltd. has seen its share price decline, culminating in a fresh 52-week low of Rs 988.5 on 20 Mar 2026. This marks a significant 37.7% drop from its 52-week high of Rs 1,586, underscoring persistent selling pressure despite a broadly positive market backdrop.

Mahanagar Gas Ltd. has touched a new 52-week low of Rs.988.55 today, marking a significant decline in its stock price amid broader market volatility and company-specific performance factors. This level represents a notable drop from its 52-week high of Rs.1,586, reflecting a challenging period for the gas sector player.

Mahanagar Gas Ltd. has touched a 52-week low, closing near Rs 990, marking a significant decline in its stock price amid a year of underwhelming financial performance and market challenges. The stock’s recent fall places it just 1.1% above its lowest price in the past year, reflecting ongoing pressures within the gas sector and the company’s specific financial metrics.

Mahanagar Gas Ltd. has declined to a fresh 52-week low of Rs. 990, marking a significant downturn in its stock performance amid broader market fluctuations and company-specific factors. The stock has underperformed its sector and key benchmarks, reflecting ongoing pressures on its financial metrics and valuation.

Mahanagar Gas Ltd. is rated 'Sell' by MarketsMOJO, with this rating last updated on 07 February 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 14 March 2026, providing investors with an up-to-date view of the company’s performance and outlook.

Mahanagar Gas Ltd. has touched a new 52-week low today, with its stock price falling to Rs.1009.45. This marks a significant decline from its 52-week high of Rs.1586, reflecting ongoing pressures within the gas sector and broader market conditions.

Mahanagar Gas Ltd. has reached a new 52-week low today, with its share price touching Rs.1011.45. This marks a significant decline amid a broader market downturn and sectoral pressures, reflecting ongoing challenges in the company’s performance and valuation metrics.