MGL, IGL shares jump 6% each
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,
IGL stock jumps 6% on UBS upgrade; MGL hits 52-week high after target price boost on strong volume forecast
Shares of IGL surged over 6 percent following UBS's upgrade to 'buy' and target price hike, while MGL stock hit a 52-week high after its target price was raised, both driven by strong volume growth prospects.
MGL & IGL Shares Soar 6% As UBS Boosts Target, Predicts 30%+ Gains
UBS has upgraded its rating on IGL from 'sell' to 'buy' and raised the target price from Rs 400 to Rs 700. Similarly, it has increased the target price for Mahanagar Gas from Rs 1,600 to Rs 2,400 per share.
MGL and IGL shares zoom over 5% as UBS hikes target price, sees 32% upside
Indraprastha Gas (IGL) shares rose by 5%, reaching an intra-day high of Rs 559.70, while Mahanagar Gas (MGL) surged 6% to a record Rs 1,922 on the NSE. The revised price target for IGL suggests a potential upside of nearly 32% from Monday’s closing price.
City gas distributors' MGL, IGL rally 6% on healthy volume growth hopes
According to reports, global brokerage UBS has recommended 'Buy' ratings on IGL and MGL with target prices of Rs 700 per share and Rs 2,400 per share, respectively
Indraprastha Gas zooms up to 6% as UBS upgrades stock to 'buy'; MGL hits new 52-week high
Gas distribution stocks are in focus in Tuesday's session (September 17) as global brokerage UBS on the outlook of these ...
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City gas distributor stocks under pressure; MGL tanks 15%, IGL down 7%
While Mahanagar Gas tanked 15 percent, the Indraprastha Gas stock was down 7 percent after MGL cut the price to Rs 73.50 a kg. The price was reduced due to a dip in gas input costs, MGL told ...
Jefferies hikes Mahanagar Gas target price, sees 17% upside potential
The volume growth outlook for the company is also improving driven by an accelerated pace of outlet additions and a healthy ...
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Magontec Ltd.
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...
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Mahanagar Gas Ltd (MGL) Share Price
The highest price of Mahanagar Gas Ltd stock is ₹0.00 in the last 52-week. What is the share price of Mahanagar Gas Ltd (MGL) today on NSE? As on Sep 17, 2024, Mahanagar Gas Ltd (MGL)’s share ...