Page 4 - Mahanagar Gas

Retail investors miss rally in Mahanagar Gas; stock hits new high

Thus far in October, the stock outperformed the market by surging 22% as compared to 0.43% rise in Sensex.

MGL bets on Raigad project generating revenues from FY18

Company expects the Raigad project to see a demand of about 0.5 million cubic metres per year of gas

Mahanagar Gas increases prices of CNG, PNG

The development comes after the Maharashtra government hiked VAT by 1 per cent to 13.5 per cent

Mahanagar Gas increases prices of CNG, PNG

MGL supplies CNG to 4 lakh vehicles, including public transport and BEST buses and piped gas to 8 lakh households in Mumbai

Mahanagar Gas hits highest level since listing

The stock up 1.5% to Rs 586 on the BSE, was trading at a 39% premium against issue price of Rs 421 per share.

Mahanagar Gas gains 23% on listing day, closes at Rs 520

The stock hit a high of Rs 549 within minutes of listing, and edged lower in intraday trade

Mahanagar Gas makes a strong debut

The stock listed at Rs 540, a 28% premium against issue price of Rs 421 per share, on the National Stock Exchange.

Brokerages ask clients to subscribe to Mahanagar Gas

They cite attractive valuations compared to peers and growth opportunities in the gas distribution space

Mahanagar Gas IPO subscribed four times

The IPO has so far received 68 million bids as against 17.3 million on offer

Mahanagar Gas IPO gets full subscription on Day 1

The 17.1 million share IPO garnered bids for 18.8 million shares, or 1.1 times the shares on offer

Mahanagar IPO opens today; draws market attention

Company aims to raise around Rs 1040 crore; price band fixed by the gas distributor is Rs 380-421 per share

Mahanagar Gas raises Rs 309 cr from anchor investors

Company's Rs 1,040-cr IPO opens for subscription on June 21

Mahanagar Gas IPO to open on June 21

The price band for the IPO is Rs 380-421 per share

Mahanagar Gas IPO to hit Dalal Street tomorrow

The gas distributor firm has fixed the price band of Rs 380-421 for its initial public offer

IPO review: Mahanagar Gas priced reasonably

Govt thrust on environment-friendly fuels and expansion in other cities are key positives for Mahanagar Gas and IGL

Mahanagar Gas IPO to unlock value for GAIL

The counter of GAIL, the country's largest state-owned natural gas processing and distribution company, is likely to see good action in the coming weeks