[ad_1] Shares of CNG retailer Mahanagar Gas Ltd gained 2% following the announcement from the Brihanmumbai Municipal Corporation (BMC) mandating the switch to clean and eco-friendly fuels by July 8, 2025. Company Value Change %Change The directive, issued to all eateries, bakeries, hotels, and roadside vendors in Mumbai, requires them to transition to Compressed Natural […]
Mahanagar Gas Q3 Results | Declares dividend; net slides 30% but tops estimates – CNBC TV18
[ad_1] City gas distributor Mahanagar Gas Ltd on Tuesday (January 28) reported a 28.9% year-on-year (YoY) decline in net profit at ₹225.4 crore for the third quarter that ended on December 31, 2024, against ₹317.18 crore in the year-ago quarter. The CNBC-TV18 poll had predicted a profit of ₹185 crore for the quarter under review. […]
Mahanagar Gas secures 26% increase in APM gas allocation – CNBC TV18
[ad_1] CNG retailer Mahanagar Gas Ltd (MGL) on Thursday (January 9) announced a significant increase in its allocation of domestic gas at administered price mechanism (APM) prices, following a communication from GAIL (India) Ltd, the nodal agency for domestic gas distribution. Company Value Change %Change Effective January 16, 2025, the allocation has risen by 26%, […]
Mahanagar Gas faces 20% reduction in CNG Transport allocation, explores alternative gas sources – CNBC TV18
[ad_1] City gas distributor Mahanagar Gas Ltd on Thursday (October 17) said it has encountered a setback following a recent allocation adjustment in the supply of domestically produced Administrative Price Mechanisms (APM) natural gas. As per the policy guidelines issued by the Ministry of Petroleum and Natural Gas on August 10, 2022, city gas distribution […]