Metropolis Gas News: Shares of CNG-PNG supplier Mahanagar Gas Limited hit an all-time high today. On Monday, July 1, the stock on the NSE traded at Rs. 1604.90 and soon closed at Rs. reached 1747.35. This is his all-time high. This stock has its Rs. Almost double the 52-week low of 970.55.
Around 1.15 pm, shares of Mahanagar Gas Ltd jumped over 7.55 percent to Rs. was being traded around 1717. It has given around 15 percent return in last 5 days. If we talk about the returns of the last one month, there has been a jump of about 25 percent. Whereas, it has returned 43 percent in six months. It has pleased its investors by giving 60 percent returns in the last one year. If we talk about its return trend in July, it has given positive return in 4 out of last 7 years.
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Buy, Sell or Hold Metro Gas
18 out of 29 experts are advising to buy in Metrogas. Out of them 12 have recommended Strong Buy and 6 have recommended Buy. Whereas, six have given hold opinion and 2 have given sell opinion. Apart from this, three analysts have advised him to sell and exit.
Mahanagar Gas Limited Dividend History
Mahanagar Gas Limited on January 23, 2024 per share Rs. An equity interim dividend of 12 was declared. Therefore, the company has paid Rs. 120% dividend paid on face value of 10.
If we talk about the share holding pattern, as on March 31, 2024, promoters, DIIs and FIIs held 32.5 per cent, 17.23 per cent and 30.85 per cent shares of Mahanagar Gas respectively. There is no change in promoter holding from December 31, 2023 to March 31, 2024. The shareholding of domestic institutional investors has increased from 17.23 (31 December 2023) to 17.4 per cent (31 March 2024). The holding of foreign institutional investors has decreased from 30.85% (31 December 2023) to 30.54% (31 March 2024). The holding of other investors has increased from 19.42% (31 December 2023) to 19.56% (31 March 2024).
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Buy, Sell or Hold Metro Gas
18 out of 29 experts are advising to buy in Metrogas. Out of them 12 have recommended Strong Buy and 6 have recommended Buy. Whereas, six have given hold opinion and 2 have given sell opinion. Apart from this, three analysts have advised him to sell and exit.
Mahanagar Gas Limited Dividend History
Mahanagar Gas Limited on January 23, 2024 per share Rs. An equity interim dividend of 12 was declared. Therefore, the company has paid Rs. 120% dividend paid on face value of 10.
If we talk about the share holding pattern, as on March 31, 2024, promoters, DIIs and FIIs held 32.5 per cent, 17.23 per cent and 30.85 per cent shares of Mahanagar Gas respectively. There is no change in promoter holding from December 31, 2023 to March 31, 2024. The shareholding of domestic institutional investors has increased from 17.23 (31 December 2023) to 17.4 per cent (31 March 2024). The holding of foreign institutional investors has decreased from 30.85% (31 December 2023) to 30.54% (31 March 2024). The holding of other investors has increased from 19.42% (31 December 2023) to 19.56% (31 March 2024).
,Disclaimer: Information about stock performance is provided here only, not investment advice. Investing in stock market is subject to risks and please consult your advisor before investing.)