Motilal Oswal Financial Services has reiterated a Buy rating on Mahanagar Gas Limited (MAHGL), maintaining a target price of Rs 1,560, implying roughly 39% upside from the current market price of R
Mahanagar Gas Ltd (MGL) delivered a largely in-line operational performance in the December quarter, reinforcing Axis Securities’ conviction in the company’s medium-term growth trajectory.
Mahanagar Gas (NSE: MAHGL) has received a BUY recommendation from Motilal Oswal Financial Services with a 12-month target price of Rs1,760, representing 32% upside from current levels of Rs1,330.
Emkay Global has maintained a BUY recommendation on Mahanagar Gas Ltd (MGL), projecting a target price of Rs 1,700, representing a potential upside of 20.6% from the current levels.