Latest news with #559.67
Business Insider
29-06-2025
- Business
- Business Insider
UBS Sticks to Their Buy Rating for Mahanagar Gas Ltd (MGL)
In a report released on June 27, Rwibhu Aon from UBS maintained a Buy rating on Mahanagar Gas Ltd (MGL – Research Report), with a price target of INR1,650.00. The company's shares closed last Friday at INR1,511.80. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Aon is a 2-star analyst with an average return of 7.9% and a 100.00% success rate. Currently, the analyst consensus on Mahanagar Gas Ltd is a Moderate Buy with an average price target of INR1,559.67, a 3.17% upside from current levels. In a report released on June 17, Nomura also upgraded the stock to a Buy with a INR1,680.00 price target. Based on Mahanagar Gas Ltd's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of INR19.64 billion and a net profit of INR2.47 billion. In comparison, last year the company earned a revenue of INR16.13 billion and had a net profit of INR2.52 billion
Business Insider
10-05-2025
- Business
- Business Insider
Mahanagar Gas Ltd (MGL) Receives a Sell from Jefferies
Jefferies analyst Bhaskar Chakraborty maintained a Sell rating on Mahanagar Gas Ltd (MGL – Research Report) on May 7 and set a price target of INR1,250.00. The company's shares closed yesterday at INR1,364.00. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Currently, the analyst consensus on Mahanagar Gas Ltd is a Moderate Buy with an average price target of INR1,559.67. The company has a one-year high of INR1,988.55 and a one-year low of INR1,075.00. Currently, Mahanagar Gas Ltd has an average volume of 18.19K.
