Mahanagar Gas Ltd
MGL

1,003.20

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

1,000.65

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)
Detailed Quote

View

Buy
Reco. Price
Rs 951.00
We recommend BUY as we expect higher demand for CNG vehicles and consequent launch of CNG stations will drive revenues. Additionally, zero debt and healthy EBITDA margin will boost its bottomline. The stock is trading at 19x P/E on FY18E earnings. (Target Price – Rs.1046)
Detailed View
50 DMA (.)
899.30
100 DMA (.)
854.64
200 DMA (.)
0.00
Weekly Range (.)
946.85
1,036.65
Monthly Range (.)
873.10
1,036.65
52 Weeks Range (.)
492.65
1,036.65
Detailed Chart
welcome to iifl