Latest Mahanagar Gas News
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Mint
MGL, IGL shares jump 6% each after UBS lifts target price, expects over 30% upside
UBS has upgraded the rating on IGL to 'buy' from the previous rating of 'sell' and also lifted its target price from ₹400 to ₹700. Similarly, it has increased the target price for Mahanagar Gas from ₹1,600 to ₹2,400 per share.
CNBC TV18
IGL gets an upgrade from UBS, MGL a target raise on strong volume prospects
UBS expects an improvement in IGL's volume growth trajectory, while for Mahanagar Gas, the firm expects both organic and inorganic volume growth to continue surpassing expectations.
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Tue, Sep 17, 2024
The Economic Times
MGL increases CNG and PNG prices in Mumbai
Mahanagar Gas Ltd (MGL), the city gas distribution company based in Mumbai, has announced price hikes for compressed natural gas (CNG) and domestic piped natural gas (PNG). Effective from midnight on July 08, 2024, the new prices will be Rs 75 per Kg for CNG and Rs 48 per standard cubic meter (SCM) for PNG.
