Mahanagar Gas

{
  "main_header": {
    "sid": 1000400,
    "name": "Mahanagar Gas",
    "stock_name": "Mahanagar Gas",
    "full_name": "Mahanagar Gas Ltd.",
    "name_url": "stocks-analysis/mahanagar-gas",
    "exchange": 0,
    "exchangecode": "",
    "primexch": 1,
    "country_id": 34,
    "currency": "INR",
    "cmp": "1,123.75",
    "chg": -11.1,
    "chgp": "-0.98%",
    "dir": -1,
    "prev_price": "1,134.85",
    "mcapval": "11,194.00 Cr",
    "mcap": "Small Cap",
    "scripcode": 539957,
    "symbol": "MGL",
    "ind_name": "Gas",
    "ind_code": 103,
    "sector_id": 33,
    "indexname": "India SENSEX",
    "isin": "INE002S01010",
    "curr_date": "Aug 10, 03:30 PM",
    "curr_time": "21:18 PM",
    "last_traded_at": "Aug 10, 03:30 PM IST",
    "bse_nse_vol": "3.24 lacs",
    "exc_status": "Active",
    "traded_date": "Aug 10, 2026",
    "traded_date_str": "2026 08 10",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-register-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/mahanagar-gas-1000400-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0,
      "all_data": []
    }
  },
  "news": {
    "results": [
      {
        "title": "Golden Cross Forms in Mahanagar Gas Ltd. Amid Mixed Technical Signals and Modest Price Action",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mahanagar-gas-ltd-forms-golden-cross-indicating-potential-bullish-breakout-4145849",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/8/MahanagarGasLtd_goldencross_4145849.png",
        "date": "2026-08-10 18:00:53",
        "description": "The 50-day moving average has crossed above the 200-day moving average for Mahanagar Gas Ltd. on 10 Aug 2026, signalling a golden cross. Yet, the stock declined 0.98% on the day the cross formed, while monthly technical indicators remain bearish. This divergence between the moving averages and other signals calls for a detailed examination of the cross’s reliability."
      },
      {
        "title": "Mahanagar Gas Ltd. is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/mahanagar-gas-ltd-is-rated-sell-4132370",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/8/MahanagarGasLtd_mojoScore_4132370.png",
        "date": "2026-08-02 10:10:03",
        "description": "Mahanagar Gas Ltd. is rated Sell by MarketsMOJO, with this rating last updated on 29 June 2026. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 02 August 2026, providing investors with the latest insights into the company’s performance and outlook."
      },
      {
        "title": "Mahanagar Gas Ltd Gains 4.16%: 4 Key Factors Driving the Week’s Momentum",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mahanagar-gas-ltd-gains-416-4-key-factors-driving-the-weeks-momentum-4131543",
        "imagepath": "",
        "date": "2026-08-01 14:01:06",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>27 Jul:</strong> Stock opens strong at Rs.1,096.30 (+1.90%) amid positive market momentum</p>\n                    <p><strong>28 Jul:</strong> Technical momentum shifts amid mixed signals; stock dips to Rs.1,075.15 (-1.93%)</p>\n                    <p><strong>29 Jul:</strong> Bearish signals intensify; stock rebounds to Rs.1,104.70 (+2.75%)</p>\n                    <p><strong>30 Jul:</strong> Q1 FY27 results reveal sharp margin compression; stock gains Rs.13 (+1.18%)</p>\n                    <p><strong>31 Jul:</strong> Week closes at Rs.1,120.65 (+0.26%), outperforming Sensex</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"..."
      },
      {
        "title": "Are Mahanagar Gas Ltd. latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-mahanagar-gas-ltd-latest-results-good-or-bad-4130660",
        "imagepath": "",
        "date": "2026-07-31 19:21:26",
        "description": "Mahanagar Gas Ltd. reported its financial results for the quarter ended June 2026, revealing a complex operational landscape. The company achieved a record net sales figure of ₹2,372.72 crores, reflecting a year-on-year growth of 13.91%. This growth indicates robust volume expansion across its distribution network, particularly in the CNG and PNG segments. However, despite this top-line growth, the company faced significant challenges in profitability.\n\nNet profit for the quarter was ₹193.00 crores, representing a decline of 39.44% compared to the same period last year. This sharp decrease raises concerns about the sustainability of the company's profitability, particularly as operating profit before depreciation, interest, tax, and other income (PBDIT) fell by 31.53% to ₹342.78 crores. The operating margin also contracted significantly, dropping from 24.04% in the previous year to 14.45%, indicating severe..."
      },
      {
        "title": "Mahanagar Gas Q1 FY27: Sharp Margin Compression Drags Profits Down 39%",
        "link": "https://www.marketsmojo.com/news/result-analysis/mahanagar-gas-q1-fy27-sharp-margin-compression-drags-profits-down-39-4129141",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/7/MahanagarGas_quaterlyResult_4129141.png",
        "date": "2026-07-30 20:02:38",
        "description": "Mahanagar Gas Ltd., one of India's largest city gas distribution companies, reported a sharp 39.44% year-on-year decline in consolidated net profit to ₹193.00 crores for Q1 FY27, despite posting its highest-ever quarterly revenue of ₹2,372.72 crores. The Mumbai-based company, which holds a monopoly in distributing CNG and PNG across Mumbai, Thane, and Raigad districts, saw its stock trading at ₹1,117.70 on July 30, 2026, reflecting a market capitalisation of ₹10,973.00 crores. The quarter's results highlighted a troubling disconnect between top-line growth and bottom-line performance, as operating margins contracted sharply from 24.04% to 14.45% year-on-year."
      },
      {
        "title": "Mahanagar Gas Ltd. Technical Momentum Shifts Amid Mixed Market Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mahanagar-gas-ltd-technical-momentum-shifts-amid-mixed-market-signals-4127931",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/7/MahanagarGasLtd_technicaldot_4127931.png",
        "date": "2026-07-30 08:02:42",
        "description": "Mahanagar Gas Ltd. has experienced a notable shift in its technical momentum, moving from a bearish to a mildly bearish trend as of late June 2026. Despite a 2.75% gain on 30 July 2026, the company’s technical indicators present a complex picture, with mixed signals across weekly and monthly timeframes, prompting a downgrade in its Mojo Grade from Hold to Sell."
      },
      {
        "title": "Mahanagar Gas Ltd. Technical Momentum Shifts Amid Bearish Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mahanagar-gas-ltd-technical-momentum-shifts-amid-bearish-signals-4125154",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/7/MahanagarGasLtd_technicaldot_4125154.png",
        "date": "2026-07-29 08:03:34",
        "description": "Mahanagar Gas Ltd. has experienced a notable shift in its technical momentum, with key indicators signalling a transition from mildly bearish to bearish trends. The stock’s recent downgrade from Hold to Sell by MarketsMOJO, coupled with mixed technical signals across multiple timeframes, highlights growing caution among investors amid a challenging market backdrop."
      },
      {
        "title": "Mahanagar Gas Ltd. Technical Momentum Shifts Amid Mixed Market Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mahanagar-gas-ltd-technical-momentum-shifts-amid-mixed-market-signals-4123426",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/7/MahanagarGasLtd_technicaldot_4123426.png",
        "date": "2026-07-28 08:05:12",
        "description": "Mahanagar Gas Ltd. has experienced a subtle shift in its technical momentum, moving from a bearish stance to a mildly bearish outlook, reflecting a complex interplay of technical indicators. Despite a modest 1.9% gain on 28 Jul 2026, the stock’s broader trend remains cautious amid mixed signals from MACD, RSI, moving averages, and other momentum tools."
      },
      {
        "title": "Mahanagar Gas Ltd. is Rated Sell by MarketsMOJO",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/mahanagar-gas-ltd-is-rated-sell-by-marketsmojo-4115139",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/7/MahanagarGasLtd_mojoScore_4115139.png",
        "date": "2026-07-22 10:10:32",
        "description": "Mahanagar Gas Ltd. is rated Sell by MarketsMOJO, with this rating last updated on 29 June 2026. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 22 July 2026, providing investors with the latest insights into its performance and outlook."
      }
    ],
    "total": 5441,
    "sid": "1000400",
    "stock_news_url": "https://www.marketsmojo.com/news/mahanagar-gas-1000400"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Earnings Call Transcript",
      "datetime": "07-Aug-2026",
      "details": "Transcript of Earnings Conference Call for the quarter ended June 30 2026",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation",
      "datetime": "06-Aug-2026",
      "details": "Analyst / Investor Meeting is scheduled to be held on Wednesday August 12 2026",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation",
      "datetime": "06-Aug-2026",
      "details": "Analyst / Investor Meeting is scheduled to be held on Tuesday August 11 2026",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Mahanagar Gas Ltd. has declared <strong>180%</strong> dividend, ex-date: 18 Aug 26",
          "dt": "2026-08-18",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Golden Cross Forms in Mahanagar Gas Ltd. Amid Mixed Technical Signals and Modest Price Action

2026-08-10 18:00:53

The 50-day moving average has crossed above the 200-day moving average for Mahanagar Gas Ltd. on 10 Aug 2026, signalling a golden cross. Yet, the stock declined 0.98% on the day the cross formed, while monthly technical indicators remain bearish. This divergence between the moving averages and other signals calls for a detailed examination of the cross’s reliability.

Read full news article

Mahanagar Gas Ltd. is Rated Sell

2026-08-02 10:10:03

Mahanagar Gas Ltd. is rated Sell by MarketsMOJO, with this rating last updated on 29 June 2026. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 02 August 2026, providing investors with the latest insights into the company’s performance and outlook.

Read full news article

Mahanagar Gas Ltd Gains 4.16%: 4 Key Factors Driving the Week’s Momentum

2026-08-01 14:01:06

Key Events This Week

27 Jul: Stock opens strong at Rs.1,096.30 (+1.90%) amid positive market momentum

28 Jul: Technical momentum shifts amid mixed signals; stock dips to Rs.1,075.15 (-1.93%)

29 Jul: Bearish signals intensify; stock rebounds to Rs.1,104.70 (+2.75%)

30 Jul: Q1 FY27 results reveal sharp margin compression; stock gains Rs.13 (+1.18%)

31 Jul: Week closes at Rs.1,120.65 (+0.26%), outperforming Sensex

Read full news article

Are Mahanagar Gas Ltd. latest results good or bad?

2026-07-31 19:21:26

Mahanagar Gas Ltd. reported its financial results for the quarter ended June 2026, revealing a complex operational landscape. The company achieved a record net sales figure of ₹2,372.72 crores, reflecting a year-on-year growth of 13.91%. This growth indicates robust volume expansion across its distribution network, particularly in the CNG and PNG segments. However, despite this top-line growth, the company faced significant challenges in profitability. Net profit for the quarter was ₹193.00 crores, representing a decline of 39.44% compared to the same period last year. This sharp decrease raises concerns about the sustainability of the company's profitability, particularly as operating profit before depreciation, interest, tax, and other income (PBDIT) fell by 31.53% to ₹342.78 crores. The operating margin also contracted significantly, dropping from 24.04% in the previous year to 14.45%, indicating severe...

Read full news article

Mahanagar Gas Q1 FY27: Sharp Margin Compression Drags Profits Down 39%

2026-07-30 20:02:38

Mahanagar Gas Ltd., one of India's largest city gas distribution companies, reported a sharp 39.44% year-on-year decline in consolidated net profit to ₹193.00 crores for Q1 FY27, despite posting its highest-ever quarterly revenue of ₹2,372.72 crores. The Mumbai-based company, which holds a monopoly in distributing CNG and PNG across Mumbai, Thane, and Raigad districts, saw its stock trading at ₹1,117.70 on July 30, 2026, reflecting a market capitalisation of ₹10,973.00 crores. The quarter's results highlighted a troubling disconnect between top-line growth and bottom-line performance, as operating margins contracted sharply from 24.04% to 14.45% year-on-year.

Read full news article

Mahanagar Gas Ltd. Technical Momentum Shifts Amid Mixed Market Signals

2026-07-30 08:02:42

Mahanagar Gas Ltd. has experienced a notable shift in its technical momentum, moving from a bearish to a mildly bearish trend as of late June 2026. Despite a 2.75% gain on 30 July 2026, the company’s technical indicators present a complex picture, with mixed signals across weekly and monthly timeframes, prompting a downgrade in its Mojo Grade from Hold to Sell.

Read full news article

Mahanagar Gas Ltd. Technical Momentum Shifts Amid Bearish Signals

2026-07-29 08:03:34

Mahanagar Gas Ltd. has experienced a notable shift in its technical momentum, with key indicators signalling a transition from mildly bearish to bearish trends. The stock’s recent downgrade from Hold to Sell by MarketsMOJO, coupled with mixed technical signals across multiple timeframes, highlights growing caution among investors amid a challenging market backdrop.

Read full news article

Mahanagar Gas Ltd. Technical Momentum Shifts Amid Mixed Market Signals

2026-07-28 08:05:12

Mahanagar Gas Ltd. has experienced a subtle shift in its technical momentum, moving from a bearish stance to a mildly bearish outlook, reflecting a complex interplay of technical indicators. Despite a modest 1.9% gain on 28 Jul 2026, the stock’s broader trend remains cautious amid mixed signals from MACD, RSI, moving averages, and other momentum tools.

Read full news article

Mahanagar Gas Ltd. is Rated Sell by MarketsMOJO

2026-07-22 10:10:32

Mahanagar Gas Ltd. is rated Sell by MarketsMOJO, with this rating last updated on 29 June 2026. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 22 July 2026, providing investors with the latest insights into its performance and outlook.

Read full news article

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