The actual peers of MGL is Indraprastha Gas Ltd and promoter of both is Gail India. OPM% and NPM% of MGL is slight better than IGL. MGL volume may be strong in coming Qrts. IGL share is ruling around Rs. 830/-. Buy and hold the shares my short term target the stock is Rs . 835/-
3.52 PM Oct 17th
Indraprastha Gas Ltd has informed BSE regarding Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended September 30, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
12.10 PM Oct 14th
in the allocation of domestic gas, which is much cheaper than imported gas. this has aided mahanagar gas and indraprastha gas that supply predominantly to these segments. domestic gas price, which is being reset every six months by the government, based on a formula, has come down sharply over the past two years.
11.06 AM Oct 10th
despite the rally, investors with a long-term perspective can buy the stock. one, the valuation is still reasonable. at ₹700, the stock trades at about 20 times its trailing 12-month earnings,at a discount to delhi-based city gas distributor indraprastha gas that quotes at about 25 times . while
11.05 AM Oct 10th
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