Mahanagar Gas Ipo

GAIL is expected to continue its earnings revival in the quarter ended June 2016 with the profit & revenue rising 4 percent each to Rs 802 crore and Rs 12,152 crore on sequential basis, respectively.

Mahanagar Gas rises nearly 24%, closes at Rs 520.30 on Day 1

Analysts feel the valuations of the stock are cheap compared to listed peers like Indraprastha Gas, which was the reason for huge buying in the stock.

Mahanagar Gas IPO oversubscribed 64 times

The initial public offer has received bids for 1.11 crore shares against the total issue size of 1.7 crore shares (excluding anchor investors' portion), as per data available with the National Stock Exchange.

Mahanagar IPO valuation looks attractive, should you go for it?

MGL has a city gas infrastructure network of 188 CNG filling stations with a compression capacity of 3.1 million kg/day in FY16, providing CNG to over 0.47 million vehicles.

Brexit may roil markets next week; Mahanagar Gas IPO under lens

Volatility is likely to stay as the new week gets ready for Britain's referendum vote on Thursday that will decide whether the country will remain a part of European Union.