Mahanagar Gas Ltd

While the stocks of Gujarat Gas and Mahanagar Gas have managed to clock positive returns, stocks of Indraprastha Gas and Adani Gas have been underperformers

The new pricing guideline is believed to balance the interests of gas producers and consumers and also ensure long-term investment in the gas exploration space

Intermediate resistance is at ₹1,010

At the current price of ₹985.45, the stock trades at 14.9 times its trailing 12-month earnings

CAMS, HAL, ITC, Neogen Chem, Info Edge, Adani Power, Bajaj Electricals, Krsnaa Diagnostics, Hindustan Adhesives, Ashoka Buildcon, Mahanagar Gas, Vardaman Textiles, Orchid Pharma, Kansai Nerolac, Zydus Life, Power Grid, Sumitomo Chemical

Prabhudas Lilladher

The medium-term performance of gas transportation and utility players is contingent on the global LNG price

Guess the stock that will give the best return by next Friday

Buzzing stocks: Mindtree, Tata Metaliks, Tata Motors, Mahanagar Gas, SJVN, CARE Ratings, Max Ventures, Shilpa Medicare, Axiscades

Chemplast Sanmar, Asahi India Glass and Mahanagar Gas shares have given 8-19 per cent gain, beating Nifty’s 2.7 per cent rise