Moneycontrol PRO
you are here: HomeNewsMgl
Jump to
  • Gas: How CGD companies are navigating these challenging times Jun 14, 2022 10:12 AM IST

    Gas: How CGD companies are navigating these challenging times

    Fourth-quarter performance was better than September’s as international gas prices eased from $50/MMBtu to $20-25/MMBtu. However, the shortage of APM gas continued in the quarter

  • Commodity bulls are charging. How Indian gas companies stack up Apr 06, 2022 09:44 AM IST

    Commodity bulls are charging. How Indian gas companies stack up

    Natural gas demand is expected to increase despite high prices

  • Mahanagar Gas: Does the correction make it a worthy pick? Dec 30, 2021 11:05 AM IST

    Mahanagar Gas: Does the correction make it a worthy pick?

    Mahanagar Gas saw strong growth in CNG/PNG volumes in second quarter

  • Is the city gas distribution sector staring at a de-rating? Sep 21, 2021 10:55 AM IST

    Is the city gas distribution sector staring at a de-rating?

    The ambitious goal of a 15 per cent share in the energy mix by 2030 requires competition in the CGD space and a further decrease in prices for end-consumers.

  • MGL: Superior margin, but limited growth opportunities Jul 02, 2021 11:31 AM IST

    MGL: Superior margin, but limited growth opportunities

    The government announcing the 11th round of city gas distribution bidding may turn out to be a good opportunity for MGL

  • IGL, MGL — Gas distribution companies on a recovery track Nov 27, 2020 11:43 AM IST

    IGL, MGL — Gas distribution companies on a recovery track

    Low LNG price, demand-supply dynamics and regulatory push all augur well for Indraprastha Gas (IGL) and Mahanagar Gas (MGL)

  • Gas price revision – Who gains, who loses? Oct 07, 2020 10:16 AM IST

    Gas price revision – Who gains, who loses?

    Downward revision in gas prices negative for upstream gas players, but positive for downstream gas marketing companies, fertilisers, tiles and power sectors

  • Are domestic city gas distribution players at risk? Sep 29, 2020 09:00 AM IST

    Are domestic city gas distribution players at risk?

  • MGL Q1: Volume decline has bottomed out, but long road ahead Aug 12, 2020 10:05 AM IST

    MGL Q1: Volume decline has bottomed out, but long road ahead

    Reduced travel and industrial activity dent volumes and erodes revenue for MGL in Q1. Recovery is on the cards

  • MGL: Lockdown hits near-term outlook Jun 15, 2020 09:26 AM IST

    MGL: Lockdown hits near-term outlook

  • How safe are gas marketing companies amid the Coronavirus pandemic? Apr 09, 2020 09:57 AM IST

    How safe are gas marketing companies amid the Coronavirus pandemic?

  • Gas distribution company valuations appear inflated, but are backed by solid Q2 earnings Nov 26, 2019 09:14 AM IST

    Gas distribution company valuations appear inflated, but are backed by solid Q2 earnings

  • Ideas for Profit | In these troubled times, keep an eye on downstream gas companies Aug 23, 2019 11:42 AM IST

    Ideas for Profit | In these troubled times, keep an eye on downstream gas companies

  • MGL Q4: Top line growth healthy, but margin feels the pinch May 13, 2019 04:33 PM IST

    MGL Q4: Top line growth healthy, but margin feels the pinch

  • Ideas for Profit | Healthy growth to continue for downstream gas sector Mar 06, 2019 02:05 PM IST

    Ideas for Profit | Healthy growth to continue for downstream gas sector

    Allocation of new GAs in the 10th round of CGD bidding will be an additional growth driver for the future.

  • City gas bidding result: Who gains what? Feb 27, 2019 04:02 PM IST

    City gas bidding result: Who gains what?

    Allocation of complementing geographies stands as a positive for the downstream gas companies and would facilitate higher utilisation of the existing infrastructure, thereby bringing added operating efficiencies in the long term

  • Healthy volumes drive growth for Mahanagar Gas in Q3 Jan 31, 2019 03:26 PM IST

    Healthy volumes drive growth for Mahanagar Gas in Q3

  • Q2 FY19 review: Earnings mixed; accumulate IGL & MGL from the gas space Nov 22, 2018 01:28 PM IST

    Q2 FY19 review: Earnings mixed; accumulate IGL & MGL from the gas space

    Given the macro opportunities, we remain positive on the sector's growth story

  • Gas distribution companies: Fundamentals strong; stocks attractive after steep recent falls Oct 12, 2018 04:12 PM IST

    Gas distribution companies: Fundamentals strong; stocks attractive after steep recent falls

    IGL and MGL are strategically venturing into newer geographies. This would ensure a rapid growth in volumes in the future

  • Gas price revision – Decoding the likely impact Sep 21, 2018 05:07 PM IST

    Gas price revision – Decoding the likely impact

    Any increase in the prices of natural gas could have a visible impact on associated sector companies.

  • Mahanagar Gas & Gujarat Gas: Volumes drive growth Aug 07, 2018 11:54 AM IST

    Mahanagar Gas & Gujarat Gas: Volumes drive growth

    We find both stocks attractive but prefer MGL over GG given its cheaper valuations

  • Mixed bag of Q3 earnings from gas marketing companies, sector in a sweet spot Feb 20, 2018 04:58 PM IST

    Mixed bag of Q3 earnings from gas marketing companies, sector in a sweet spot

    With rising crude prices, cost efficiency of natural gas, environmental concerns, policy framework changes and budget allocations, the gas distribution companies are positioned for a strong uptick in volumes.

  • GST on gas: A win-win for both gas transmission cos as well as end-users Dec 22, 2017 05:17 PM IST

    GST on gas: A win-win for both gas transmission cos as well as end-users

    Last few days have seen a lot of noise around the inclusion of natural gas under the GST tax regime. With keen interest from oil ministry in support for the proposal, it seems like the next big topic for the GST council meeting.

  • Confident of adding 15-16 pumps by end-FY17: Mahanagar Gas Feb 20, 2017 11:29 AM IST

    Confident of adding 15-16 pumps by end-FY17: Mahanagar Gas

    SM Ranade, CFO of Mahanagar Gas is also confident of margins remaining steady going forward.

  • MGL IPO in pipeline this month; to raise Rs 1,200 cr May 08, 2016 01:56 PM IST

    MGL IPO in pipeline this month; to raise Rs 1,200 cr

    Mahanagar Gas Ltd, India's second biggest CNG retailer, will launch an initial public offer (IPO) of Rs 1,200 crore this month to get listed on domestic bourses.

Sections
ISO 27001 - BSI Assurance Mark