Mahanagar Gas Faces Mixed Technical Signals Amid Declining Profit Trends

Jun 06 2025 08:07 AM IST
share
Share Via
Mahanagar Gas has recently experienced a change in its evaluation, reflecting a shift in the technical landscape. The company's quarterly performance showed a profit after tax of Rs 247.04 crore, down 5.2%, while it maintains a strong return on equity and low debt-to-equity ratio.
Mahanagar Gas, a midcap player in the gas transmission and marketing industry, has recently undergone an adjustment in its evaluation. This revision reflects a shift in the technical landscape, moving from a mildly bearish to a bearish trend. Key technical indicators present a mixed picture; while the MACD shows mildly bullish signals on a weekly basis, the monthly perspective leans towards a mildly bearish stance. The Bollinger Bands and moving averages indicate a bearish outlook, suggesting caution in the stock's technical performance.

In terms of financial metrics, Mahanagar Gas reported a flat performance for the quarter ending March 2025, with a profit after tax of Rs 247.04 crore, reflecting a decline of 5.2%. Over the past year, the stock has generated a return of -0.22%, coinciding with an 18.9% drop in profits. Despite these challenges, the company maintains a high return on equity of 17.70% and a low debt-to-equity ratio, indicating strong management efficiency.

The stock is currently trading at a discount compared to its peers, with institutional holdings at 57.58%, which have seen a slight increase over the previous quarter.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News