53

Mahanagar Gas LtdBOM 539957 Stock Report

Last reporting period 31 Mar, 2024

Updated 31 Oct, 2024

Last price

Market cap $B

0.612

Micro

Exchange

XBOM - Bombay Stock Exchange

539957.BO Stock Analysis

53

Attractive

Based on Eyestock quantitative analysis, 539957.BO`s fundamental data and valuation indicate an investment grade of Attractive at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

112/100

High score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

13.0 %

Undervalued

Market cap $B

0.612

Dividend yield

1.67 %

Shares outstanding

98.778 B

Mahanagar Gas Ltd. engages in the sale and distribution of natural gas. The company is headquartered in Mumbai, Maharashtra and currently employs 509 full-time employees. The company went IPO on 2016-07-01. The firm is engaged in the distribution of compressed natural gas (CNG) and piped natural gas (PNG) in Mumbai, Thane and Raigad districts of Maharashtra. The company operates in the business of city gas distribution segment. The company offers PNG for domestic, commercial and industrial purpose. Its domestic PNG is used for various purposes like cooking and water heating. The company is also used by hospitals, nursing homes, hotels, flight kitchens, restaurants, places of worship and others. The company offers PNG for various industries, including metal, pharmaceuticals, food and beverages, printing and dyeing, oil mills, power generation and air conditioning. The company supplies CNG to Brihanmumbai Electricity Supply and Transport/Thane Municipal Transport/Maharashtra State Road Transport Corporation/Navi Mumbai Municipal Transport (BEST/TMT/MSRTC/NMMT) buses, light commercial vehicles (LCVs)/ tempos/ trucks/private buses. The company also installs gas geysers.

View Section: Eyestock Rating