OICHARTS
8 AMThe 8 AM report →
EnergyMedium impactPre-market

Mahanagar Gas plans ₹1,300 crore capex for expansion

pre-market1 source ↓written by the desknot a recommendation

Mahanagar Gas Ltd has announced a capital expenditure plan of ₹1,200-1,300 crore for the upcoming financial year. This investment aims to expand its CNG, LNG, and domestic PNG networks across Mumbai and nearby regions. The company is also exploring acquisitions of renewable energy assets while continuing pilot projects in green hydrogen and compressed biogas. ⚡

This strategic move may enhance Mahanagar Gas's position in the evolving energy sector and support its diversification efforts.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 17 Feb 2026, 07:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

MGL closed +0.2% on the day of the news, from ₹1,105.10 to ₹1,107.40; Nifty +0.2% over the same session.

Bulletin at 07:04 IST on 17 Feb 2026. Every change is measured from ₹1,105.10, the last close before it, on 16 Feb. Nifty 50 is measured over the same sessions.

  • MGL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
MGL closes around the bulletin against the close before the news, with Nifty 50 rebased to it996.8011081220axis spans 22%before the news · 16 Feb1105Nifty 50MGLbulletinD0+1+3+510 Feb20 Feb4 MarReference close ₹1,105.10. 16 sessions from 10 Feb to 4 Mar; the price axis spans 22 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before16 Feb₹1,105.10basebase
On the day17 Feb₹1,107.40▲ +0.2%▲ +0.2%0.0 pp difference
+1 session18 Feb₹1,131.40▲ +2.4%▲ +0.5%+1.9 pp difference
+3 sessions20 Feb₹1,133.50▲ +2.6%▼ −0.4%+3.0 pp difference
+5 sessions24 Feb₹1,193.00▲ +8.0%▼ −1.0%+8.9 pp difference
Gap at the open, % · ₹
0.0%0.00 on 17 Feb
Day's range, % · ₹
1.1%≈ 12 high to low
Volume on the day
0.28×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · MGL on the desk →

Thread · MGLAll MGL bulletins →

Related