{
  "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": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "1,280.00",
    "chg": 34.25,
    "chgp": "2.75%",
    "dir": 1,
    "prev_price": "1,245.75",
    "mcapval": "12,643.56 Cr",
    "mcap": "Mid Cap",
    "scripcode": 539957,
    "symbol": "MGL",
    "ind_name": "Gas Transmission/Marketing",
    "ind_code": 103,
    "isin": "INE002S01010",
    "curr_date": "Apr 11, 12:53 PM",
    "curr_time": "01:14 AM",
    "bse_nse_vol": "4.92 lacs",
    "exc_status": "Active",
    "traded_date": "Apr 11, 2025",
    "traded_date_str": "2025 04 11",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-register-score-header",
    "is_blur_url": "https://sandbox-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": "Mahanagar Gas Shows Mixed Technical Trends Amidst Market Evaluation Revision",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mahanagar-gass-technical-trend-shifts-from-sideways-to-mildly-bullish-amid-stock-price-increase-1656201",
        "imagepath": "",
        "date": "2025-04-01 08:03:13",
        "description": "Mahanagar Gas, a midcap player in the gas transmission and marketing industry, has recently undergone an evaluation revision reflecting its current market dynamics. The stock is currently priced at 1,388.00, showing a slight increase from the previous close of 1,368.05. Over the past year, Mahanagar Gas has experienced a stock return of 1.8%, while the Sensex has returned 5.11% in the same period.\n\nIn terms of technical indicators, the weekly MACD suggests a mildly bullish sentiment, while the monthly perspective indicates a mildly bearish trend. The Bollinger Bands are signaling bullish conditions on both weekly and monthly charts, which may reflect positive market sentiment. The On-Balance Volume (OBV) also shows bullish characteristics on a weekly basis, indicating strong buying pressure.\n\nWhen comparing the company's performance to the Sensex, Mahanagar Gas has demonstrated notable returns over various ..."
      },
      {
        "title": "Mahanagar Gas Sees Significant Open Interest Surge Amid Mixed Market Trends",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mahanagar-gas-ltd-sees-10-77-surge-in-open-interest-reaching-23189-contracts-1608526",
        "imagepath": "",
        "date": "2025-03-26 15:00:41",
        "description": "Mahanagar Gas Ltd. (MGL), a key player in the gas transmission and marketing industry, has experienced a notable increase in open interest today. The latest open interest stands at 23,189 contracts, reflecting a rise of 2,254 contracts or 10.77% from the previous open interest of 20,935. This uptick comes alongside a trading volume of 14,272 contracts, indicating active market engagement.\n\nIn terms of financial performance, Mahanagar Gas has outperformed its sector by 0.52% today, despite a recent decline, with the stock recording a 1D return of -0.77%. Over the past two days, the stock has seen a cumulative drop of 2.6%. Notably, MGL's current price is above its 20-day, 50-day, and 100-day moving averages, yet below its 5-day and 200-day moving averages, suggesting mixed short-term trends.\n\nInvestor participation appears to be waning, with a delivery volume of 81.78k on March 25, down 53.72% compared to th..."
      },
      {
        "title": "Mahanagar Gas Sees Significant Surge in Open Interest Amid Increased Trading Activity",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mahanagar-gas-sees-29-surge-in-open-interest-amid-increased-trading-activity-1575138",
        "imagepath": "",
        "date": "2025-03-24 15:00:49",
        "description": "Mahanagar Gas Ltd. (MGL), a key player in the Gas Transmission and Marketing industry, has experienced a significant increase in open interest today. The latest open interest stands at 27,295 contracts, reflecting a notable rise of 6,140 contracts or 29.02% from the previous open interest of 21,155. This surge in open interest coincides with a trading volume of 21,593 contracts, indicating heightened activity in the stock.\n\nIn terms of price performance, Mahanagar Gas has underperformed its sector by 2.3% today, with a 1D return of 0.62%. However, the stock has shown resilience over the past six days, gaining 7.95% during this period. The stock's current price is positioned above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.\n\nAdditionally, the stock has seen a rise in delivery volume, with 159,000 shares delivered on March 21, marking a 58.54% ..."
      },
      {
        "title": "Mahanagar Gas Sees Significant Open Interest Surge Amid Increased Derivatives Activity",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mahanagar-gas-ltd-sees-22-54-surge-in-open-interest-amid-increased-trading-activity-1574948",
        "imagepath": "",
        "date": "2025-03-24 14:00:32",
        "description": "Mahanagar Gas Ltd. (MGL), a key player in the Gas Transmission and Marketing industry, has experienced a significant increase in open interest today. The latest open interest stands at 25,923 contracts, marking a rise of 4,768 contracts or 22.54% from the previous open interest of 21,155. This uptick in open interest coincides with a trading volume of 18,571 contracts, indicating heightened activity in the derivatives market.\n\nIn terms of performance, Mahanagar Gas has underperformed its sector by 2.38% today, despite a positive trend over the past six days, during which the stock has gained 8.08%. The stock is currently trading at an underlying value of Rs 1,388, with a total futures value of Rs 48,938.81 lakhs and an options value of approximately Rs 5,505.48 crore.\n\nAdditionally, the stock's delivery volume on March 21 reached 159,000 shares, reflecting a 58.54% increase compared to the five-day average...."
      },
      {
        "title": "Mahanagar Gas Ltd. Sees Surge in Open Interest Amid Increased Trading Activity",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mahanagar-gas-ltd-sees-18-42-surge-in-open-interest-to-25052-contracts-1574786",
        "imagepath": "",
        "date": "2025-03-24 13:00:36",
        "description": "Mahanagar Gas Ltd. has experienced a significant increase in open interest today, reflecting heightened trading activity in the gas transmission and marketing sector. The latest open interest stands at 25,052 contracts, up from the previous 21,155, marking a change of 3,897 contracts or an 18.42% increase. The trading volume for the day reached 16,105 contracts, contributing to a total futures value of approximately Rs 39,733.55 lakhs.\n\nDespite this surge in open interest, Mahanagar Gas has underperformed its sector by 2.64% today, with a modest one-day return of 0.45%. The stock has shown resilience over the past six days, gaining 7.92% during this period. In terms of moving averages, the stock is currently above its 5-day, 20-day, 50-day, and 100-day averages, yet remains below its 200-day moving average.\n\nAdditionally, the stock's delivery volume has seen a notable rise, with 1.59 lakh shares delivered o..."
      },
      {
        "title": "Mahanagar Gas Sees Surge in Open Interest Amid Increased Derivatives Activity",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mahanagar-gas-sees-11-95-surge-in-open-interest-amid-increased-trading-activity-1574535",
        "imagepath": "",
        "date": "2025-03-24 12:00:16",
        "description": "Mahanagar Gas Ltd. (MGL), a prominent player in the Gas Transmission and Marketing industry, has experienced a significant increase in open interest today. The latest open interest stands at 23,683 contracts, reflecting a rise of 2,528 contracts or 11.95% from the previous open interest of 21,155. This uptick in open interest coincides with a trading volume of 12,675 contracts, indicating heightened activity in the derivatives market.\n\nIn terms of performance, Mahanagar Gas has underperformed its sector by 2.63% today, with a slight decline of 0.14% in its stock price. However, the stock has shown resilience over the past six days, gaining 7.5% during this period. The stock's current price is positioned above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.\n\nAdditionally, the stock has demonstrated rising investor participation, with a delivery vo..."
      },
      {
        "title": "Mahanagar Gas Faces Mixed Technical Signals Amid Declining Profits and Strong Management Efficiency",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/mahanagar-gas-receives-stock-call-upgrade-to-hold-amid-mixed-financial-performance-1573105",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/MahanagarGas_mojoScore_770869.png",
        "date": "2025-03-24 08:06:54",
        "description": "Mahanagar Gas has recently experienced a change in its evaluation, reflecting a shift in technical trends. Despite a decline in profits for the quarter ending December 2024, the company showcases strong management efficiency and a solid financial foundation, indicated by a high return on equity and a low debt-to-equity ratio."
      },
      {
        "title": "Mahanagar Gas Shows Mixed Technical Trends Amidst Competitive Market Landscape",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mahanagar-gass-technical-trend-shifts-from-mildly-bearish-to-sideways-amid-stock-price-increase-1572896",
        "imagepath": "",
        "date": "2025-03-24 08:02:35",
        "description": "Mahanagar Gas, a midcap player in the gas transmission and marketing industry, has recently undergone an evaluation revision reflecting its current market dynamics. The stock is currently priced at 1380.55, showing a slight increase from the previous close of 1372.30. Over the past year, Mahanagar Gas has experienced a 4.46% return, while the Sensex has returned 5.87% in the same period.\n\nThe technical summary indicates a mixed performance across various indicators. The MACD shows a mildly bullish trend on a weekly basis, while the monthly perspective leans mildly bearish. The Relative Strength Index (RSI) presents no signals for both weekly and monthly evaluations. Bollinger Bands suggest a bullish outlook weekly, contrasting with a sideways trend monthly. Moving averages indicate a mildly bearish stance on a daily basis, while the KST reflects a mildly bullish trend weekly and mildly bearish monthly.\n\nIn ..."
      },
      {
        "title": "Mahanagar Gas Shows Signs of Recovery Amid Broader Market Gains and Sector Trends",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mahanagar-gas-shares-rise-5-45-after-four-days-of-decline-still-below-moving-averages-1204773",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/MahanagarGas_priceRelatedfactors_585591.png",
        "date": "2025-03-05 12:20:22",
        "description": "Mahanagar Gas experienced a significant uptick on March 5, 2025, reversing a four-day decline and reaching an intraday high. Despite this rebound, the stock remains below key moving averages. In the broader market, the Sensex rose sharply, with mid-cap stocks, including Mahanagar Gas, leading gains."
      }
    ],
    "total": 3283,
    "sid": "1000400",
    "stock_news_url": "https://sandbox-www.marketsmojo.com/news/mahanagar-gas-1000400"
  },
  "announcements": [
    {
      "caption": "Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018",
      "datetime": "08-Apr-2025",
      "details": "We submit herewith the certificate under Regulation 74(5) of SEBI (Depositories & Participants) Regulations 2018.",
      "source": "BSE"
    },
    {
      "caption": "Closure of Trading Window",
      "datetime": "25-Mar-2025",
      "details": "Trading Window Closure for the quarter and year ended March 31 2025.",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Change in Directorate",
      "datetime": "20-Mar-2025",
      "details": "Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015 we wish to inform that the Shareholders of the Company have passed the resolution as stated in Postal Ballot Notice dated January 28 2025 with requisite majority.",
      "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>120%</strong> dividend, ex-date: 03 Feb 25",
          "dt": "2025-02-03",
          "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 Shows Mixed Technical Trends Amidst Market Evaluation Revision

2025-04-01 08:03:13

Mahanagar Gas, a midcap player in the gas transmission and marketing industry, has recently undergone an evaluation revision reflecting its current market dynamics. The stock is currently priced at 1,388.00, showing a slight increase from the previous close of 1,368.05. Over the past year, Mahanagar Gas has experienced a stock return of 1.8%, while the Sensex has returned 5.11% in the same period. In terms of technical indicators, the weekly MACD suggests a mildly bullish sentiment, while the monthly perspective indicates a mildly bearish trend. The Bollinger Bands are signaling bullish conditions on both weekly and monthly charts, which may reflect positive market sentiment. The On-Balance Volume (OBV) also shows bullish characteristics on a weekly basis, indicating strong buying pressure. When comparing the company's performance to the Sensex, Mahanagar Gas has demonstrated notable returns over various ...

Read More

Mahanagar Gas Sees Significant Open Interest Surge Amid Mixed Market Trends

2025-03-26 15:00:41

Mahanagar Gas Ltd. (MGL), a key player in the gas transmission and marketing industry, has experienced a notable increase in open interest today. The latest open interest stands at 23,189 contracts, reflecting a rise of 2,254 contracts or 10.77% from the previous open interest of 20,935. This uptick comes alongside a trading volume of 14,272 contracts, indicating active market engagement. In terms of financial performance, Mahanagar Gas has outperformed its sector by 0.52% today, despite a recent decline, with the stock recording a 1D return of -0.77%. Over the past two days, the stock has seen a cumulative drop of 2.6%. Notably, MGL's current price is above its 20-day, 50-day, and 100-day moving averages, yet below its 5-day and 200-day moving averages, suggesting mixed short-term trends. Investor participation appears to be waning, with a delivery volume of 81.78k on March 25, down 53.72% compared to th...

Read More

Mahanagar Gas Sees Significant Surge in Open Interest Amid Increased Trading Activity

2025-03-24 15:00:49

Mahanagar Gas Ltd. (MGL), a key player in the Gas Transmission and Marketing industry, has experienced a significant increase in open interest today. The latest open interest stands at 27,295 contracts, reflecting a notable rise of 6,140 contracts or 29.02% from the previous open interest of 21,155. This surge in open interest coincides with a trading volume of 21,593 contracts, indicating heightened activity in the stock. In terms of price performance, Mahanagar Gas has underperformed its sector by 2.3% today, with a 1D return of 0.62%. However, the stock has shown resilience over the past six days, gaining 7.95% during this period. The stock's current price is positioned above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Additionally, the stock has seen a rise in delivery volume, with 159,000 shares delivered on March 21, marking a 58.54% ...

Read More

Mahanagar Gas Sees Significant Open Interest Surge Amid Increased Derivatives Activity

2025-03-24 14:00:32

Mahanagar Gas Ltd. (MGL), a key player in the Gas Transmission and Marketing industry, has experienced a significant increase in open interest today. The latest open interest stands at 25,923 contracts, marking a rise of 4,768 contracts or 22.54% from the previous open interest of 21,155. This uptick in open interest coincides with a trading volume of 18,571 contracts, indicating heightened activity in the derivatives market. In terms of performance, Mahanagar Gas has underperformed its sector by 2.38% today, despite a positive trend over the past six days, during which the stock has gained 8.08%. The stock is currently trading at an underlying value of Rs 1,388, with a total futures value of Rs 48,938.81 lakhs and an options value of approximately Rs 5,505.48 crore. Additionally, the stock's delivery volume on March 21 reached 159,000 shares, reflecting a 58.54% increase compared to the five-day average....

Read More

Mahanagar Gas Ltd. Sees Surge in Open Interest Amid Increased Trading Activity

2025-03-24 13:00:36

Mahanagar Gas Ltd. has experienced a significant increase in open interest today, reflecting heightened trading activity in the gas transmission and marketing sector. The latest open interest stands at 25,052 contracts, up from the previous 21,155, marking a change of 3,897 contracts or an 18.42% increase. The trading volume for the day reached 16,105 contracts, contributing to a total futures value of approximately Rs 39,733.55 lakhs. Despite this surge in open interest, Mahanagar Gas has underperformed its sector by 2.64% today, with a modest one-day return of 0.45%. The stock has shown resilience over the past six days, gaining 7.92% during this period. In terms of moving averages, the stock is currently above its 5-day, 20-day, 50-day, and 100-day averages, yet remains below its 200-day moving average. Additionally, the stock's delivery volume has seen a notable rise, with 1.59 lakh shares delivered o...

Read More

Mahanagar Gas Sees Surge in Open Interest Amid Increased Derivatives Activity

2025-03-24 12:00:16

Mahanagar Gas Ltd. (MGL), a prominent player in the Gas Transmission and Marketing industry, has experienced a significant increase in open interest today. The latest open interest stands at 23,683 contracts, reflecting a rise of 2,528 contracts or 11.95% from the previous open interest of 21,155. This uptick in open interest coincides with a trading volume of 12,675 contracts, indicating heightened activity in the derivatives market. In terms of performance, Mahanagar Gas has underperformed its sector by 2.63% today, with a slight decline of 0.14% in its stock price. However, the stock has shown resilience over the past six days, gaining 7.5% during this period. The stock's current price is positioned above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Additionally, the stock has demonstrated rising investor participation, with a delivery vo...

Read More

Mahanagar Gas Faces Mixed Technical Signals Amid Declining Profits and Strong Management Efficiency

2025-03-24 08:06:54

Mahanagar Gas has recently experienced a change in its evaluation, reflecting a shift in technical trends. Despite a decline in profits for the quarter ending December 2024, the company showcases strong management efficiency and a solid financial foundation, indicated by a high return on equity and a low debt-to-equity ratio.

Read More

Mahanagar Gas Shows Mixed Technical Trends Amidst Competitive Market Landscape

2025-03-24 08:02:35

Mahanagar Gas, a midcap player in the gas transmission and marketing industry, has recently undergone an evaluation revision reflecting its current market dynamics. The stock is currently priced at 1380.55, showing a slight increase from the previous close of 1372.30. Over the past year, Mahanagar Gas has experienced a 4.46% return, while the Sensex has returned 5.87% in the same period. The technical summary indicates a mixed performance across various indicators. The MACD shows a mildly bullish trend on a weekly basis, while the monthly perspective leans mildly bearish. The Relative Strength Index (RSI) presents no signals for both weekly and monthly evaluations. Bollinger Bands suggest a bullish outlook weekly, contrasting with a sideways trend monthly. Moving averages indicate a mildly bearish stance on a daily basis, while the KST reflects a mildly bullish trend weekly and mildly bearish monthly. In ...

Read More

Mahanagar Gas Shows Signs of Recovery Amid Broader Market Gains and Sector Trends

2025-03-05 12:20:22

Mahanagar Gas experienced a significant uptick on March 5, 2025, reversing a four-day decline and reaching an intraday high. Despite this rebound, the stock remains below key moving averages. In the broader market, the Sensex rose sharply, with mid-cap stocks, including Mahanagar Gas, leading gains.

Read More

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