Mahanagar Gas Ltd. (MGL) News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

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  "main_header": {
    "sid": 1000400,
    "name": "Mahanagar Gas",
    "stock_name": "Mahanagar Gas",
    "full_name": "Mahanagar Gas Ltd.",
    "name_url": "stocks-analysis/mahanagar-gas",
    "exchange": 1,
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    "primexch": 1,
    "country_id": 34,
    "currency": "INR",
    "cmp": "1,074.40",
    "chg": -6.4,
    "chgp": "-0.59%",
    "dir": -1,
    "prev_price": "1,080.80",
    "mcapval": "10,612.68 Cr",
    "mcap": "Small Cap",
    "scripcode": 539957,
    "symbol": "MGL",
    "ind_name": "Gas",
    "ind_code": 103,
    "sector_id": 33,
    "indexname": "India SENSEX",
    "isin": "INE002S01010",
    "curr_date": "Jun 04, 03:56 PM",
    "curr_time": "16:29 PM",
    "last_traded_at": "Jun 04, 03:56 PM IST",
    "bse_nse_vol": "4.19 lacs",
    "exc_status": "Active",
    "traded_date": "Jun 04, 2026",
    "traded_date_str": "2026 06 04",
    "score": "",
    "scoreText": "",
    "Live": 0,
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  "news": {
    "results": [
      {
        "title": "Mahanagar Gas Ltd. Valuation Shifts Signal Changing Market Sentiment",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mahanagar-gas-ltd-valuation-shifts-signal-changing-market-sentiment-4029463",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/MahanagarGasLtd_valuationdot_4029463.png",
        "date": "2026-06-02 08:04:47",
        "description": "Mahanagar Gas Ltd., a key player in the Indian gas sector, has experienced a notable shift in its valuation parameters, moving from an attractive to a fair rating. This change reflects evolving market perceptions amid sector dynamics and peer comparisons, with implications for investors assessing the stock’s price attractiveness and growth prospects."
      },
      {
        "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-4022496",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/MahanagarGasLtd_mojoScore_4022496.png",
        "date": "2026-05-30 10:10:31",
        "description": "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 30 May 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market performance."
      },
      {
        "title": "Mahanagar Gas Ltd. Technical Momentum Shifts Amid Mixed Indicator Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mahanagar-gas-ltd-technical-momentum-shifts-amid-mixed-indicator-signals-4012716",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/MahanagarGasLtd_technicaldot_4012716.png",
        "date": "2026-05-26 08:06:12",
        "description": "Mahanagar Gas Ltd. has experienced a nuanced shift in its technical momentum, reflecting a complex interplay of bullish and bearish signals across multiple timeframes. Despite a modest day gain of 1.87%, the stock’s technical indicators reveal a transition from a bearish stance to a mildly bearish outlook, prompting a downgrade in its Mojo Grade from Hold to Sell as of 6 February 2026."
      },
      {
        "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-4004378",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/MahanagarGasLtd_technicaldot_4004378.png",
        "date": "2026-05-22 08:03:42",
        "description": "Mahanagar Gas Ltd. has experienced a notable shift in its technical momentum, with key indicators signalling a transition from mildly bearish to a more pronounced bearish trend. Despite some mildly bullish signals on weekly MACD and KST, the overall technical landscape, including moving averages and Bollinger Bands, points to increasing downside pressure on the stock, which currently trades at ₹1,053.55, down 1.81% on the day."
      },
      {
        "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-4002195",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/MahanagarGasLtd_technicaldot_4002195.png",
        "date": "2026-05-21 08:03:51",
        "description": "Mahanagar Gas Ltd. has experienced a subtle yet notable shift in its technical momentum, moving from a bearish stance to a mildly bearish outlook. Despite a day gain of 1.43%, the stock’s technical indicators present a complex picture, with weekly and monthly signals diverging and the company’s overall rating downgraded from Hold to Sell by MarketsMOJO as of 6 February 2026."
      },
      {
        "title": "Mahanagar Gas Ltd. is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/mahanagar-gas-ltd-is-rated-sell-3998925",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/MahanagarGasLtd_mojoScore_3998925.png",
        "date": "2026-05-19 10:10:03",
        "description": "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 19 May 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market performance."
      },
      {
        "title": "Mahanagar Gas Ltd. Faces Bearish Momentum Amid Technical Downgrade",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mahanagar-gas-ltd-faces-bearish-momentum-amid-technical-downgrade-3998088",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/MahanagarGasLtd_technicaldot_3998088.png",
        "date": "2026-05-19 08:06:13",
        "description": "Mahanagar Gas Ltd. has experienced a notable shift in its technical momentum, with key indicators signalling a bearish trend. The stock’s recent price action, combined with deteriorating moving averages and mixed signals from momentum oscillators, suggests increasing downside pressure amid a challenging market backdrop."
      },
      {
        "title": "Mahanagar Gas Ltd. Technical Momentum Shifts Amid Bearish Sentiment",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mahanagar-gas-ltd-technical-momentum-shifts-amid-bearish-sentiment-3988695",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/MahanagarGasLtd_technicaldot_3988695.png",
        "date": "2026-05-13 08:05:05",
        "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 price action, combined with mixed signals from MACD, RSI, and moving averages, suggests increasing downside pressure amid a challenging market environment for the gas sector."
      },
      {
        "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-3982344",
        "imagepath": "",
        "date": "2026-05-08 19:19:44",
        "description": "Mahanagar Gas Ltd. has reported its financial results for the quarter ended March 2026, revealing significant operational challenges. The company experienced a net sales growth of 4.46% year-on-year, reaching ₹2,052.05 crores, which is a decline from the previous year's growth rate of 21.81%. However, the net profit for the same period saw a substantial decline of 47.40%, amounting to ₹129.94 crores, compared to a much smaller drop of 5.20% in the prior year.\n\nThe operating profit margin, excluding other income, fell sharply to 12.67%, down from 20.11% in the corresponding quarter last year, marking the lowest level in multiple quarters. This margin compression indicates that while the company was able to generate higher sales, it struggled to maintain profitability, as operating profit before depreciation, interest, and tax (excluding other income) decreased significantly to ₹259.97 crores from ₹395.01 cro..."
      }
    ],
    "total": 5414,
    "sid": "1000400",
    "stock_news_url": "https://www.marketsmojo.com/news/mahanagar-gas-1000400"
  },
  "announcements": [
    {
      "details": "Mahanagar Gas Limited has informed the Exchange regarding 'Clarification with respect to Unaudited Financial Results for the quarter and half year ended September 30, 2019 and outcome of Board meeting submitted on November 11, 2019.'.",
      "source": "NSE",
      "caption": "Mahanagar Gas Limited - Updates",
      "datetime": "26-Nov-2019"
    },
    {
      "details": "Mahanagar Gas Limited has informed the Exchange regarding Analysts/Institutional Investor Meet/Con. Call Updates",
      "source": "NSE",
      "caption": "Mahanagar Gas Limited - Analysts/Institutional Investor Meet/Con. Call Updates",
      "datetime": "13-Nov-2019"
    },
    {
      "details": "Mahanagar Gas Limited has informed the Exchange regarding Analysts/Institutional Investor Meet/Con. Call Updates",
      "source": "NSE",
      "caption": "Mahanagar Gas Limited - Analysts/Institutional Investor Meet/Con. Call Updates",
      "datetime": "04-Nov-2019"
    }
  ],
  "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>120%</strong> dividend, ex-date: 13 Feb 26",
          "dt": "2026-02-13",
          "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

Mahanagar Gas Ltd. Valuation Shifts Signal Changing Market Sentiment

2026-06-02 08:04:47

Mahanagar Gas Ltd., a key player in the Indian gas sector, has experienced a notable shift in its valuation parameters, moving from an attractive to a fair rating. This change reflects evolving market perceptions amid sector dynamics and peer comparisons, with implications for investors assessing the stock’s price attractiveness and growth prospects.

Read full news article

Mahanagar Gas Ltd. is Rated Sell by MarketsMOJO

2026-05-30 10:10:31

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 30 May 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market performance.

Read full news article

Mahanagar Gas Ltd. Technical Momentum Shifts Amid Mixed Indicator Signals

2026-05-26 08:06:12

Mahanagar Gas Ltd. has experienced a nuanced shift in its technical momentum, reflecting a complex interplay of bullish and bearish signals across multiple timeframes. Despite a modest day gain of 1.87%, the stock’s technical indicators reveal a transition from a bearish stance to a mildly bearish outlook, prompting a downgrade in its Mojo Grade from Hold to Sell as of 6 February 2026.

Read full news article

Mahanagar Gas Ltd. Technical Momentum Shifts Amid Bearish Signals

2026-05-22 08:03:42

Mahanagar Gas Ltd. has experienced a notable shift in its technical momentum, with key indicators signalling a transition from mildly bearish to a more pronounced bearish trend. Despite some mildly bullish signals on weekly MACD and KST, the overall technical landscape, including moving averages and Bollinger Bands, points to increasing downside pressure on the stock, which currently trades at ₹1,053.55, down 1.81% on the day.

Read full news article

Mahanagar Gas Ltd. Technical Momentum Shifts Amid Mixed Market Signals

2026-05-21 08:03:51

Mahanagar Gas Ltd. has experienced a subtle yet notable shift in its technical momentum, moving from a bearish stance to a mildly bearish outlook. Despite a day gain of 1.43%, the stock’s technical indicators present a complex picture, with weekly and monthly signals diverging and the company’s overall rating downgraded from Hold to Sell by MarketsMOJO as of 6 February 2026.

Read full news article

Mahanagar Gas Ltd. is Rated Sell

2026-05-19 10:10:03

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 19 May 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market performance.

Read full news article

Mahanagar Gas Ltd. Faces Bearish Momentum Amid Technical Downgrade

2026-05-19 08:06:13

Mahanagar Gas Ltd. has experienced a notable shift in its technical momentum, with key indicators signalling a bearish trend. The stock’s recent price action, combined with deteriorating moving averages and mixed signals from momentum oscillators, suggests increasing downside pressure amid a challenging market backdrop.

Read full news article

Mahanagar Gas Ltd. Technical Momentum Shifts Amid Bearish Sentiment

2026-05-13 08:05:05

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 price action, combined with mixed signals from MACD, RSI, and moving averages, suggests increasing downside pressure amid a challenging market environment for the gas sector.

Read full news article

Are Mahanagar Gas Ltd. latest results good or bad?

2026-05-08 19:19:44

Mahanagar Gas Ltd. has reported its financial results for the quarter ended March 2026, revealing significant operational challenges. The company experienced a net sales growth of 4.46% year-on-year, reaching ₹2,052.05 crores, which is a decline from the previous year's growth rate of 21.81%. However, the net profit for the same period saw a substantial decline of 47.40%, amounting to ₹129.94 crores, compared to a much smaller drop of 5.20% in the prior year. The operating profit margin, excluding other income, fell sharply to 12.67%, down from 20.11% in the corresponding quarter last year, marking the lowest level in multiple quarters. This margin compression indicates that while the company was able to generate higher sales, it struggled to maintain profitability, as operating profit before depreciation, interest, and tax (excluding other income) decreased significantly to ₹259.97 crores from ₹395.01 cro...

Read full news article

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