Mahanagar Gas Ltd. Hits 52-Week High, Outperforms Sensex in Gas Industry
Mahanagar Gas Ltd., a midcap company in the gas transmission and marketing industry, has reached a new milestone with its stock price hitting a 52-week high of Rs.1953.2 on September 24, 2024. According to financial analysis platform MarketsMojo, the stock is expected to perform steadily in the near future. The company's stock has been consistently gaining and is trading higher than its moving averages, reflecting investor confidence. Mahanagar Gas Ltd. has also outperformed the Sensex in the past year, showcasing its strong performance and growth potential in the industry.
Mahanagar Gas Ltd., a midcap company in the gas transmission and marketing industry, has recently reached a new milestone. On September 24, 2024, the company's stock price hit a 52-week high of Rs.1953.2. This is a significant achievement for the company, as it reflects the positive performance and growth of the company in the market.
According to MarketsMOJO, a leading financial analysis and research platform, the stock call for Mahanagar Gas Ltd. is 'Hold'. This indicates that the company's stock is expected to perform steadily in the near future. The current price of the stock is in line with the sector's performance, and the stock has been gaining for the past two days, with a 1.2% increase in returns.
Mahanagar Gas Ltd. is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend in the company's stock price and reflects the confidence of investors in the company's performance.
In the past year, Mahanagar Gas Ltd. has outperformed the Sensex, with a 88.80% increase in its stock price compared to the Sensex's 28.64% performance. This further highlights the company's strong performance and growth potential in the gas transmission and marketing industry.
Overall, Mahanagar Gas Ltd. has shown a strong and consistent performance in the market, making it a promising midcap company in the gas industry. With its recent 52-week high, the company is expected to continue its positive growth trajectory in the future.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
