BSE Code: | NSE Code: | ISIN: | Sector:

NSE
1227.75
Change Change %
31.75 2.65%

Updated:23 Oct, 2017, 15:59 PM IST

BSE
1230.55
Change Change %
31.95 2.67%

Updated:23 Oct, 2017, 15:51 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
CD Equisearch
N/A
19-09-2017 Buy 1127.50 1360.00
N/A
Open Long (1Y)
19-09-2018

CD Equisearch maintain buy on Mahanagar Gas

Mahanagar Gas is poised to surf on growth trajectory, stoked by its ability to source market priced gas from all major sources through GAIL's Dahej-Uran pipeline network and the large demand potential in its existing authorized areas. Gamut of policy measures undertaken by the government to increase the use of natural gas in CGD sector such as replacing costly and polluting fuels with natural gas, mandating CNG in various cities like Delhi and Mumbai and creation of CGD infrastructure in smart cities augurs well for the company.

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