Bengaluru, June 23 -- The shares of this leading gas distribution company are in focus after it reported a robust fourth quarter and FY25 performance, and several analysts believe in its long-term performance. In this article, we will dive deep into the details of it.
With a market capitalization of Rs 13,763 crores, the shares of Mahanagar Gas Ltd closed at 1,396 per share on Monday, down by 29.8 percent from its 52-week high of Rs 1,988 per share. Over the last five years, the stock has delivered a return of 30 percent.
Motilal Oswal, a leading brokerage house, says that it sees a target price of Rs 1,760 per share, signalling an upside potential of 24.61 percent from its current level. It cited that it is attractively valued after a ...
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