Mahanagar Gas Share Price: On Friday, June 27, 2025, the Indian stock market showed a positive trend. The BSE Sensex rose by 177.56 points, or 0.21%, closing at 83,933.43, while the NSE Nifty climbed 60.40 points, or 0.24%, to reach 25,609.40. Amid this volatile market, Mahanagar Gas Limited (MGL) shares surged impressively, attracting investors’ attention.
Shares Rise 4.65% to Reach ₹1,517.7
Mahanagar Gas shares gained 4.65% on Friday, trading at ₹1,517.7 compared to the previous session’s close of ₹1,447.1. The stock opened at ₹1,447.1 in morning trading and recorded an intraday high of ₹1,521 and a low of ₹1,439.7.
41% Return Over 52 Weeks
Currently, Mahanagar Gas shares are 23.66% below their 52-week high of ₹1,988 but have surged 41.15% from the 52-week low of ₹1,075.25. This indicates a strong positive performance in recent months.
Market Cap at ₹15,002 Crore
According to NSE and BSE data, Mahanagar Gas has a market capitalization of ₹15,002 crore. The company’s price-to-earnings (P/E) ratio stands at 14.3, which is considered balanced compared to the industry average. With total debt of ₹164 crore, the company’s financial health appears robust.
Trading Volume and Expert Ratings
Over the past 30 days, the average daily trading volume for Mahanagar Gas shares was approximately 518,147. Experts on Dalal Street have given the stock a ‘BUY’ rating with a target price of ₹1,538.76. This target is just 1.39% above the current price of ₹1,517.7, suggesting the stock offers stability and potential for safe returns.
Impressive Long-Term Performance
- Return in the past 1 year: 2.93%
- Return in the past 3 years: 114.13%
- Return in the past 5 years: 58.41%
- Year-to-date (2025) return: 19.27%
A Good Option for Long-Term Investors
Mahanagar Gas shares have shown steady growth at current levels with strong fundamentals. According to experts, this stock is suitable for long-term investment. The recent rally and positive brokerage house outlook make it a worthy addition to investors’ portfolios.
Disclaimer: This article is just for information. It should not be treated as investment advice in any way. Investing in the stock market is based on risk. Be sure to consult your financial advisor before investing in the stock market.
Also Read :- RVNL Share Price: Will it Catch the Bullet Train’s Speed or Will Investors Be Disappointed? Get the Full Update
