Mahanagar Gas Ltd (MGL) is currently trading at 1,025.00 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.

Mahanagar Gas Limited is a leading city gas distribution company supplying CNG and PNG in Mumbai, Thane and adjoining geographies, operating an extensive pipeline network and a retail network of CNG stations; the company also owns consolidated assets following the Unison Enviro Private Limited merger and runs LNG and non‑CGD pilot initiatives alongside its core CGD business. Operationally Q1 FY27 delivered 4.766 mmscmd average sales volume, driven by CNG growth to 3.496 mmscmd and domestic PNG rising to 0.623 mmscmd; EBITDA from operations rose to INR343 crores and PAT to INR194 crores, reflecting favourable blended realizations and a beneficial gas cost mix despite industrial curtailments and global LNG volatility. Management signalled an aggressive capex posture of INR1,500–1,800 crore for FY27 to pre‑emptively expand pipeline networks and PNG connections under the government’s PNG Drive 2.0, while maintaining dividend policy and retaining flexibility to raise debt to fund accelerated expansion without stressing liquidity. Short‑term risk is dominated by upstream supply volatility from West Asia, removal of pooled gas allocations and force majeure on some imported contracts, leading to more spot purchases and heightened input price volatility; MGL is mitigating through portfolio sourcing, Henry Hub contracts, and targeted curtailment of large industrial customers where feasible. Digital and operational improvements are underway: Mahanagar Gas Limited completed a transition from SAP ECC to SAP S/4HANA in Q1 FY27, a milestone in its digital transformation that should support faster project execution, customer onboarding and back‑office efficiency as the company scales capex and connections.

Over the past 52 weeks, Mahanagar Gas Ltd has traded between a low of ₹902.00 and a high of ₹1,314.90. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.

Mahanagar Gas Ltd has a market capitalization of approximately 10,086.20. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.

Mahanagar Gas Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 14.11 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

Based on its market capitalization of 10,086.20 Cr, Mahanagar Gas Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.

Mahanagar Gas Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.

The Price-to-Earnings (PE) ratio of Mahanagar Gas Ltd is 14.11. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.

MGL’s 31st AGM is scheduled for Tuesday, August 25, 2026 at 3:00 p.m. IST and will be held via Video Conference (VC) / OAVM.

MGL’s 31st AGM is scheduled for Tuesday, August 25, 2026 at 3:00 p.m. IST, to be held through VC/OAVM.

Mahanagar Gas has declared an interim dividend of ₹12.00 per share.

Mahanagar Gas reported standalone profit after tax of ₹193.70 crore for Q1 FY27 (quarter ended June 30, 2026).