Welcome to MGL - Touching lives of more than 2 million people through PNG and CNG in MMR. Join us in building a sustainable future for all. Mahanagar Gas Limited (MGL) is one of India’s leading natural gas distribution companies. Established in 1995 with GAIL (India) Ltd. as its promoter. MGL has to its credit the distinction of pioneering the natural gas distribution network in the metropolis of Mumbai and its neighbouring areas. Today, MGL has over 16.5 lakh domestic PNG customers and more than 4000 commercial and industrial customers. MGL also supplies CNG to more than 8 lakh vehicles which include public as well as private transport vehicles. MGL has all the resources and competencies required from concept to commissioning of gas distribution networks available in-house. MGL is a professional organisation managed by highly skilled workforce of about 500 young energetic, technical and managerial professionals. We are also present on the following: WhatsApp - +91 98992 03843 Facebook - facebook.com/mglltdofficial/ Twitter- twitter.com/mahanagargas Instagram: instagram.com/mahanagargas/
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PNGRB clarifies no intent to regulate CGD margins. Recent price cuts and comments caused CGD stock impact. ICICI Securities maintains ratings on gas companies.
Proposed changes in gas transmission pipeline tariffs and zonal rules could lower costs for city gas distributors and increase tariffs for producers.
Key stocks to watch include Paytm, HPCL, Mahanagar Gas, and Godrej Consumer. Companies report Q4 earnings with mixed results.
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