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Mahanagar Gas Limited is currently in a long term uptrend where the price is trading 9.1% above its 200 day moving average.
From a valuation standpoint, the stock is 16.6% more expensive than other stocks from the Utilities sector with a price to sales ratio of 5.3.
Mahanagar Gas Limited's total revenue rose by 115.6% to $7B since the same quarter in the previous year.
Its net income has increased by 1646.3% to $2B since the same quarter in the previous year.
Finally, its free cash flow grew by 33.6% to $1B since the same quarter in the previous year.
Based on the above factors, Mahanagar Gas Limited gets an overall score of 4/5.
Mahanagar Gas Limited operates as a natural gas distribution company in India. The company supplies piped natural gas (PNG) to domestic households, domestic households, and commercial establishments and industries used for cooking and water heating, as well as by hospitals, nursing homes, hotels, flight kitchens, restaurants, and places of worship. It also supplies compressed natural gas (CNG) and liquefied natural gas (LNG) to vehicles; and sells pipes and fittings required for construction of pipeline infrastructure. The company operates 518 CNG stations connected to 32.14 lakh households; and 5,924 industrial and commercial customers through a pipeline network of 8320 kilometers comprising of carbon steel and polyethylene pipelines. Mahanagar Gas Limited was incorporated in 1995 and is based in Mumbai, India.
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