While GAIL, IGL, others rally up to 7%, this brokerage sees limited impact of PNGRB proposals. Here's why

 24 Mar 2025 05:31 PM

Shares of GAIL, MGL, and other CGD companies surged up to 7% after PNGRB proposed gas transmission tariff amendments. While brokerages like CLSA and Citi viewed it positively, Kotak Institutional Equities cautioned that the financial impact may be minimal.

GAIL, GSPL shares rally up to 7% after PNGRB tariff proposal boosts sentiment

 24 Mar 2025 11:47 AM

According to CLSA, the changes are expected to reduce operating expenses (Opex) for Indraprastha Gas Ltd (IGL) and, to some extent, for Mahanagar Gas Ltd (MGL). However, GSPL is anticipated to be the biggest beneficiary of these amendments, as highlighted by the global brokerage firm.

Nykaa, Zomato among 5 stocks with short buildup

 07 Mar 2025 02:26 PM

Five stocks—Nykaa, Kalyan Jewellers, Prestige Estates, MGL, and Zomato—saw a short buildup on March 7, with rising open interest and falling stock prices, indicating bearish sentiment in the F&O segment.

Stocks to buy today: Investec upgrades Gujarat State Petronet & Mahanagar Gas; Jefferies sees 37% upside in Polycab

 03 Mar 2025 10:15 AM

Brokerages including Jefferies and Investec remain optimistic about Polycab, Gujarat State Petronet, and Mahanagar Gas, with new recommendations and target prices. Jefferies maintains a 'Buy' on Polycab, while Investec upgrades GSPL and MGL to 'Buy' amid attractive valuations and positive long-term growth prospects.

MGL: SWITCH TO CLEAN FUEL BY JULY 8, BMC DIRECTS EATERIES, BAKERIES ESTABLISHMENTS MUST ADOPT CNG OR PNG INSTEAD OF POLLUTING FUELS

 18 Feb 2025 09:22 AM

MGL: SWITCH TO CLEAN FUEL BY JULY 8, BMC DIRECTS EATERIES, BAKERIES ESTABLISHMENTS MUST ADOPT CNG OR PNG INSTEAD OF POLLUTING FUELS

Top 10 stocks that FIIs bought and sold in December quarter

 06 Feb 2025 12:10 PM

Foreign Institutional Investors (FIIs) adjusted their investments in several companies in the December 2024 quarter. Notably, they increased their stakes in Indiabulls Enterprises, Home First Finance, and IDFC First Bank, while reducing holdings in IndusInd Bank, Mahanagar Gas, and Future Consumer.

Tata Chemicals, PNB Housing Finance among 10 small-cap stocks where mutual funds increased stake in Q3

 04 Feb 2025 02:44 PM

Mutual funds actively reshuffled portfolios in Q3 FY25, increasing stakes in several Nifty500 small-cap stocks. Companies like Mahanagar Gas, Home First Finance, and Tata Chemicals saw notable investment hikes, reflecting growing confidence in select small-cap and mid-cap opportunities.

MGL breaks out from rectangle formation on daily charts; time to buy?

 04 Feb 2025 07:12 AM

MAHANAGAR GAS: CO COMPLETES INVESTMENT IN INTERNATIONAL BATTERY COMPANY INDIA PVT LTD; CO NOW HOLDS A 44% STAKE IN IBC INDIA, WHICH IS ENGAGED IN THE MANUFACTURING, PROMOTION, AND DISTRIBUTION OF BATTERY CELLS || TOTAL INVESTMENT IN IBC INDIA AMOUNTED TO 353.6M RUPEES

 03 Feb 2025 07:42 PM

MAHANAGAR GAS: CO COMPLETES INVESTMENT IN INTERNATIONAL BATTERY COMPANY INDIA PVT LTD; CO NOW HOLDS A 44% STAKE IN IBC INDIA, WHICH IS ENGAGED IN THE MANUFACTURING, PROMOTION, AND DISTRIBUTION OF BATTERY CELLS || TOTAL INVESTMENT IN IBC INDIA AMOUNTED TO 353.6M RUPEES

Stocks to buy on Budget Day 2025: SBI, UPL among top 9 stocks to buy on 1st February 2025

 01 Feb 2025 08:50 AM

The Indian market is expected to remain volatile ahead of Budget 2025 announcements. Nifty closed positively on Friday, while India VIX dropped. Options data suggests a broader trading range between 23,100 and 24,000. Experts recommend stocks like MGL, Manappuram Finance, UPL, Ashok Leyland, and HAL for short-term trading opportunities based on technical analysis.