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Mahanagar Gas gains on opening first CNG station in Uran

16 Jul 2018 Evaluate

Mahanagar Gas is currently trading at Rs. 815.10, up by 7.45 points or 0.92% from its previous closing of Rs. 807.65 on the BSE.

The scrip opened at Rs. 808.05 and has touched a high and low of Rs. 819.85 and Rs. 795.00 respectively. So far 13949 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1345.00 on 03-Nov-2017 and a 52 week low of Rs. 774.00 on 22-May-2018.

Last one week high and low of the scrip stood at Rs. 843.00 and Rs. 795.00 respectively. The current market cap of the company is Rs. 8044.46 crore.

The promoters holding in the company stood at 56.50%, while Institutions and Non-Institutions held 30.38% and 13.12% respectively.

Mahanagar Gas (MGL) has opened its first CNG station at Dronagiri Service Station in Uran. The introduction of MGL's CNG offering will cater to the growing demand for economical and green fuel alternatives in the region.
This CNG station marks extension of MGL's CNG network in Uran city and with its booster compressor & 4 dispensing points, it will cater to autorickshaws and other four-wheelers in Uran and nearby areas.

MGL is a city gas distribution company. The company is engaged in the distribution of compressed natural gas (CNG) and piped natural gas (PNG) in Mumbai and its adjoining areas and in the Raigad district in the state of Maharashtra.

Mahanagar Gas Share Price

1135.70 9.60 (0.85%)
07-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
GAIL (India) 174.00
Gujarat Energy 286.20
Indraprastha Gas 152.45
Mahanagar Gas 1135.70
Adani Total Gas 710.85
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