Mahanagar Gas Ltd. Reaches All-Time High Stock Price, Garnering Attention from Leading Stock Analysis Platform

Jul 02 2024 09:26 AM IST
share
Share Via
Mahanagar Gas Ltd. has reached an all-time high stock price of Rs.1761.55 on July 2nd, 2024, catching the attention of MarketsMojo. The stock has shown impressive performance, outperforming the sector by 0.4% and maintaining a consecutive gain streak for the last 6 days. It has also outperformed the Sensex in the past year, showcasing its strong growth potential.

Mahanagar Gas Ltd., a midcap company in the gas transmission and marketing industry, has recently reached an all-time high stock price of Rs.1761.55 on July 2nd, 2024. This positive trend has caught the attention of MarketsMOJO, a leading stock analysis platform, who has given a 'Buy' call for the stock.

Mahanagar Gas Ltd. has been a part of MOJO Stocks on MarketsMOJO since February 13th, 2023. The stock has shown impressive performance today, outperforming the sector by 0.4%. It has also been on a consecutive gain streak for the last 6 days, with a remarkable 18.48% increase in returns during this period.

The stock opened at Rs.1761.55 and has maintained this price, indicating a strong demand for the company's shares. In addition, Mahanagar Gas Ltd. is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further solidifying its positive momentum.

In the past year, Mahanagar Gas Ltd. has outperformed the Sensex by a significant margin, with a 67.00% increase in stock price compared to Sensex's 23.09% performance. This showcases the company's strong growth potential and its ability to generate returns for its investors.

With its impressive performance and positive outlook, Mahanagar Gas Ltd. is definitely a stock to watch out for in the gas transmission and marketing industry. Investors can consider adding this midcap company to their portfolio for potential long-term gains.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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