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Mahanagar Gas Share price

MGL

1172.9

6.90 (-0.58%)
NSE
BSE
Last updated on 8 May, 2026 | 15:31 IST
Today's High

1179.20

Today's Low

1131.10

52 Week Low

900.00

52 Week High

1586.90

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Mahanagar Gas Chart

Mahanagar Gas Share Key Metrics

Volume
3.61 L
Market Cap
11585.65 CR
LTQ@LTP
5@1172.90
ATP
1159.05
Var Margin
17.09 %
Circuit Range
943.9-1415.7
Delivery %
47.59 %
Value
41.79 CR
ASM/GSM
No
Market Lot
1

Summary

Mahanagar Gas share price stands at ₹1172.9 at 8 May, 2026 | 15:31. The stock Mahanagar Gas intraday movement has stayed between ₹1131.10 and ₹1179.20, while on a 52-week basis it has fluctuated from ₹900.00 to ₹1586.90.
In terms of trading activity, Mahanagar Gas has recorded a volume of 360589 shares. The Mahanagar Gas has a market cap of ₹98777778. The stock’s Average Traded Price (ATP) stands at ₹115905, while the Last Traded Quantity at Last Traded Price (LTQ@LTP) is 5, 117290.
The Mahanagar Gas operates within a circuit range of ₹943.9-1415.7 – ₹943.9-1415.7, with a Value of ₹41.79 CR. The Delivery Percentage for the day is 47.59%. Additionally, Mahanagar Gas currently falls under the No framework, and trades with a market lot size of 1.

Mahanagar Gas Fundamentals

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P/E Ratio

13.76

P/B Ratio

1.8

Div. Yield

2.56

Sector P/E

32.69

Sector P/B

3.33

Sec. Div. Yield

1.69

Mahanagar Gas Resistance and Support

Pivot 1178.7

Resistance

First Resistance

1191.8

Second Resistance

1203.8

Third Resistance

1216.9

Support

First Support

1166.7

Second Support

1153.6

Third Support

1141.6

Mahanagar Gas Shareholding Pattern

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  • 2022-23
  • 2024-25
  • 2023-24
  • 2021-22
  • 2020-21
  • 2019-20
  • 2018-19
  • 2016-17
  • 2025-26
  • 2026-27
Total Promoters
Segment
Percent

Total Promoters

32.5%

Mutual Fund

8.82%

Insurance

11.35%

Foreign Institutional Investors

24.13%

Domestic Institutional Investors

10.84%

Retail

12.35%

Others

0.01%

Total Promoters
MAR '26
32.5%

Mahanagar Gas Corporate Actions

DateAgenda
2026-05-07Audited Results & Final Dividend
2026-02-07Quarterly Results & Interim Dividend
2025-10-29Quarterly Results
2025-07-22Quarterly Results
2025-05-06Audited Results & Final Dividend
2025-01-28Quarterly Results & Interim Dividend

Mahanagar Gas News

Mahanagar Gas Ltd - 539957 - Corporate Action-Board approves Dividend

Mahanagar Gas Board recommended a final dividend of ₹18 per equity share for FY2025-26. This brings the total annual dividend to ₹30 per share, including the ₹12 interim dividend already paid.
May 07 2026 20:05:00

Mahanagar Gas Ltd - 539957 - Board Meeting Outcome for Approval Of Audited Standalone And Consolidated Financial Results For The Financial Year Ended March 31, 2026

Mahanagar Gas board approved FY26 cons. financial results, reporting revenue of ₹9,065.26 cr (up 13.61% YoY) and net profit of ₹841.14 cr (down 19.14% YoY). The board also recommended a final dividend of ₹18 per share, making the total dividend for FY26 ₹30 per share.
May 07 2026 19:05:00

Mahanagar Gas Limited

Mahanagar Gas board will convene on May 7, 2026, to review and approve the audited standalone and consolidated financial results for the year ended March 2026. The board will also consider and recommend a final dividend.
May 04 2026 19:05:00

Mahanagar Gas Ltd - 539957 - Corporate Action-Board to consider Dividend

Mahanagar Gas Board to consider and recommend final dividend for the financial year ended March 31, 2026. The decision, aimed at shareholder returns, will be taken during the board meeting scheduled for May 07, 2026.
May 04 2026 19:05:00

Mahanagar Gas Limited

Mahanagar Gas published a newspaper advertisement for its postal ballot notice. Shareholders can e-vote from April 22 to May 13, 2026, on resolutions including the appointment of Non-Executive, Non-Independent and Whole-time Directors.
Apr 17 2026 12:04:00

Mahanagar Gas Ltd - 539957 - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

Mahanagar Gas proposes key leadership appointments via postal ballot: Deepak Gupta as Non-Executive Non-Independent Director & Chairman and Praveer Kumar Srivastava as Managing Director for 5 years, effective April 30, 2026. E-voting for shareholders is scheduled from April 20 to May 19, 2026.
Apr 16 2026 17:04:00

Mahanagar Gas Limited

Mahanagar Gas is conducting a postal ballot to approve the appointment of Mr. Deepak Gupta as Non-Executive Non-Independent Director and Chairman, and Mr. Praveer Kumar Srivastava as Managing Director. Both are nominees of GAIL (India) Limited, with e-voting scheduled from April 20 to May 19, 2026.
Apr 16 2026 17:04:00

Mahanagar Gas Limited

Mahanagar Gas appointed Praveer Kumar Srivastava as its new Managing Director for 5 years, effective April 30, 2026. He brings over three decades of experience from GAIL (India) Limited, leading significant projects in clean energy transition. He succeeds Ashu Shinghal.
Apr 10 2026 19:04:00

Mahanagar Gas Limited

Mahanagar Gas appointed Praveer Kumar Srivastava as its new Managing Director for 5 years, effective April 30, 2026. He brings over three decades of experience from GAIL (India) Limited, leading significant projects in clean energy transition. He succeeds Ashu Shinghal.
Apr 10 2026 19:04:00

Mahanagar Gas Limited

Mahanagar Gas appointed Praveer Kumar Srivastava as its new Managing Director for a 5-year term, effective April 30, 2026. This appointment follows the cessation of Ashu Shinghal as MD on the same date due to GAIL's nomination withdrawal.
Apr 10 2026 19:04:00
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About Mahanagar Gas

NSE : 17534  
BSE : 539957  
ISIN : INE002S01010  

The Company was incorporated on May 8 1995 as a public limited company pursuant to a joint venture agreement entered into between GAIL and British Gas plc on December 6 1994 for the purposes of undertaking the business of city distribution and marketing of natural gas in in Mumbai its Adjoining Areas and the Raigad district in the state of Maharashtra India or at such other places as may be decided by the Company from time to time. the Company received a certificate of commencement of business on July 4 1995. Major events in the history :1997-1998-The first natural gas supply and transportation contract was signed with GAIL2008-2009-Completed laying 2000 km of PE pipeline in GA 12010-2011-Completed laying 200 km of steel pipeline in GA 1 and achieved a customer base of 0.5 million domestic customers2011-2012-Commissioned 150th CNG dispensing station2012-2013-Completed laying more than 350 km of PE pipeline and 350 km of steel pipelines2013-2014-Achieved a customer base of 1.0 million customers Awards achievements and certifications :2002-Inside Outside Mega Show 2002-ISO 9001:20082003-BG Chairman's Award-ISO 14001:20042004-BG Chairman's Award-Corcon 2004 Conference on corrosion-Greentech Safety Gold Award-Greentech Environment Gold Award2005-Golden Peacock Environment Management Award-BG Chief executive innovation awards2007-BG Chairman's Award2008-9th Annual Greentech Environment excellence award2009-CII Safety Health and environment award-OHSAS 18001:20072010-NGV India2011-BG Chairman’s Award2012-National Safety Council - Maharashtra Safety Awards2013-14th Annual Greentech Environment Award-12th Annual Greentech Safety Award-International Certification Services Quality champion recognition-Certificate of Compliance to PNGRB notification GSR 39(E)2014-4th Annual Greentech CSR Award2015-Second Pandit Madan Mohan Malaviya Award (Silver Award)-5th Annual Greentech CSR Award-Rashtra Vibhushan Award-Golden Peacock Award for Corporate Social Responsibility2016-15th Annual Greentech Safety Award

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Mahanagar Gas Management

NamePosition
Atul PrabhuCompany Secretary & Compliance Officer
Ashu ShinghalManaging Director
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Mahanagar Gas FAQs

The Buying Price of Mahanagar Gas share is 1172.9 For live prices and instant trading, you can log in to your Choice trading account or open a Free Demat account with Choice.

To buy Mahanagar Gas stocks, log in to your Choice trading account. If you don’t have one, open a Choice Demat account. Then, add funds, search for Mahanagar Gas, choose your preferred order type, and place the trade.

The Price-to-earnings (P/E) ratio of Mahanagar Gas shares is 13.76. You can compare it with the sector average for relative valuation.

The Price to Book (P/B) ratio Mahanagar Gas shares is 1.8. Useful to assess the stock's value relative to its book value.

To assess Mahanagar Gas’s valuation compare Sector P/E, P/B which are 32.69 & 3.33 with sector averages, along with growth rates and financial metrics.

The Market Cap of Mahanagar Gas is 11585.65 CR. It indicates the company's size category and trading liquidity.

The 52 week high and low prices of Mahanagar Gas share price is 1586.90 & 900.00. They indicate price extremes, trading ranges, volatility measures, potential support/resistance, and price momentum.

Mahanagar Gas belongs to the Oil & Gas sector.

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