Stocks to Watch, 07 October: Stocks like Bank of India, Metropolis Healthcare, Dilip Buildcon, LTIMindtree, Brigade Enterprises, Zydus Lifesciences, Coal India, Aster DM Healthcare, Reliance Industries, Bharti Airtel, and Aditya Birla Lifestyle Brands will be in focus on October 7.
Motilal Oswal is bullish on Mahanagar Gas recommended buy rating on the stock with a target price of Rs 1700 in its research report dated September 26, 2025.
Geojit Financial Services is bearish on Mahanagar Gas has recommended sell rating on the stock with a target price of Rs 1266 in its research report dated July 31, 2025.
Motilal Oswal is bullish on Mahanagar Gas has recommended buy rating on the stock with a target price of Rs 1700 in its research report dated July 23, 2025.
Prabhudas Lilladher recommended accumulate rating on Mahanagar Gas with a target price of Rs 1559 in its research report dated July 23, 2025.
Motilal Oswal is bullish on Mahanagar Gas recommended buy rating on the stock with a target price of Rs 1760 in its research report dated June 08, 2025.
Stocks to Watch, 22 May: Stocks like NBCC (India), Jindal Poly Films,Hindustan Zinc,Data Patterns (India), Zinka Logistics Solutions, KPR Mill, Aarti Industries, Birlasoft, Hindustan Copper, Gallantt Ispat, Geojit Financial Services, Teamlease Services, Mankind Pharma, Astral, GMM Pfaudler, Rail Vikas Nigam, IRCON International, VA Tech Wabag, and Oil India will be in focus on May 22.
Prabhudas Lilladher recommended hold rating on Mahanagar Gas with a target price of Rs 1410 in its research report dated May 07, 2025.
Emkay Global Financial recommended buy rating on Mahanagar Gas with a target price of Rs 1700 in its research report dated May 08, 2025.
Mahanagar Gas' net profit fell nearly 5 percent YoY to Rs 252 crore in Q4 FY25. This, however, marks a rise of nearly 12 percent from the net profit reported in Q3FY25.
Stocks to Watch, 07 May: Stocks like eMudhra, KEI Industries, Piramal Enterprises, Aarti Drugs, Aptus Value Housing Finance India, Kansai Nerolac Paints, Shriram Finance, Sun Pharmaceutical Industries, Life Insurance Corporation of India, Prestige Estates Projects, Restaurant Brands Asia, and Gujarat Mineral Development Corporation will be in focus on May 7.
Following a significant run-up and subsequent profit booking, the index is expected to remain range-bound in the near term. Below are some trading ideas to consider for short term.
The Centre further trimmed its priority gas allocation to MGL, Indraprastha Gas and Adani Total Gas, sending the stock prices of the firms tumbling.
Stocks to Watch, 16 Apr: Stocks like ICICI Lombard General Insurance Company, Swiggy, Tata Consultancy Services, Gensol Engineering, Max India, NHPC, Dabur India, Lemon Tree Hotels, and AGS Transact Technologies will be in focus on April 16.
On April 1, the government hiked the price of cheaper APM gas by 4 percent, or $0.25 per mmBtu. APM gas is sold at cheaper price to CGD players in the country to ensure essential services such as domestic PNG and CNG.
The momentum is likely to sustain amid possible range-bound trading. Below are some trading ideas for the near term.
Earlier this year, Mahanagar Gas tied up with US- based International Battery Company to set up a cell manufacturing facility in Karnataka
Mahanagar Gas had hiked CNG prices after the government reduced APM gas allocation to the City Gas Distribution (CGD) companies twice in October and November. With partial restoration of APM gas availability to CGD companies in January, Shinghal said the company’s CNG prices are at par with the cheaper gas allocation.
The BMC has issued a directive to local vendors, hotels, restaurants and dhabas not to resort to wood or coal as fuel, and the transition is to be completed by July 8, 2025.
India’s City Gas Distribution is expected to nearly double from $11.33 billion in 2025 to $20.93 billion by 2030
Prabhudas Lilladher recommended accumulate rating on Mahanagar Gas with a target price of Rs 1412 in its research report dated January 29, 2025.