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Mahanagar Gas trades higher on the BSE

24 Aug 2018 Evaluate

Mahanagar Gas is currently trading at Rs. 845.80, up by 5.55 points or 0.66% from its previous closing of Rs. 840.25 on the BSE.

The scrip opened at Rs. 847.00 and has touched a high and low of Rs. 851.50 and Rs. 834.65 respectively. So far 159703 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. 933.10 and Rs. 833.05 respectively. The current market cap of the company is Rs. 8343.76 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’ foreign promoter, BG Asia Pacific Holdings has offloaded 14 percent equity stake in the company through open market transactions on August 23, 2018. BG Asia Pacific Holdings has sold 1.25 crore shares of the company at Rs 851.89 per share on the NSE and 13.29 lakh shares at Rs 854.54 per share on the BSE through bulk deals. After dilution, its stake in the company reduced to 10 percent, from 24 percent earlier.

Mahanagar Gas 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

1110.00 -25.70 (-2.26%)
08-Jul-2026 11:09 View Price Chart
Peers
Company Name CMP
GAIL (India) 174.15
Gujarat Energy 288.00
Indraprastha Gas 152.65
Mahanagar Gas 1110.00
Adani Total Gas 718.00
View more..

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