Mahanagar Gas Ltd News
Gas stocks in focus: Trading strategies for Gujarat Gas, MGL, Adani Total_61687
The outlook for Natural gas stocks looks good. However, these stocks need to cross and sustain above the key levels for renewed buying interest.
 "Gas stocks in focus: Trading strategies for Gujarat Gas, MGL, Adani Total_61687")
City gas distributor stocks gain up to 9% post March quarter results_61643
At 10:00 am; CGD stocks were up in the range of 4 per cent to 7 per cent, as compared to 0.43 per cent decline in the S&P BSE Sensex.
City gas distributor shares trade weak; IGL, MGL, Gujarat Gas down up to 6%_58128
On the cost front, CGD companies are expected to incur high gas sourcing costs as spot liquefied natural gas (LNG) prices continue to remain at elevated levels.
Trading Bets: GAIL India, Adani Total Gas, GNFC can gain up to 15%_49571
Gas related stocks are likely to benefit from the price hike on commercial LPG; Charts indicate fresh highs for select shares.
IGL surges 10% on reports of CNG price hike; MGL rises 8% in choppy market_40887
Reports suggest IGL has announced a hike in prices of compressed natural gas (CNG) in the Delhi-NCR region
 "IGL surges 10% on reports of CNG price hike; MGL rises 8% in choppy market_40887")
OMCs under pressure as Brent tops $100-mark; BPCL, IGL hit 52-week lows_36440
BPCL, HPCL, Indian Oil, Gujarat Gas, Petronet LNG, Indraprastha Gas and Mahanagar Gas are trading 2 per cent to 6 per cent lower on the BSE.
 "OMCs under pressure as Brent tops $100-mark; BPCL, IGL hit 52-week lows_36440")
Indraprastha, Mahanagar Gas hit 52-week lows on disappointing Q3 results_29458
MGL said the company's Ebitda margins declined in Q3 mainly due to increase in administered pricing mechanism (APM) and market determined gas prices.
