Research ReportsMahanagar Gas Gets A 'Buy' Rating From HDFC Securities, Revises Target Price
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Mahanagar Gas Gets A 'Buy' Rating From HDFC Securities, Revises Target Price
The company's stock price has corrected ~36% and underperformed the Sensex by ~34% in the last three months due to the potential adverse impact of drastic cut in APM gas allocation for city gas sector
Stocks to Buy: Mahanagar Gas Ltd.'s reduced APM gas allocation—a near-term headwind.
(Representative image. Photo source: Mahanagar Gas website)
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