OICHARTS
8 AMThe 8 AM report →
EnergyMedium impactAfter close

Mahanagar Gas targets 1 million PNG connections by FY27

after close1 source ↓written by the desknot a recommendation

by FY27
1 million new PNG connections
capital expenditure
20% to ₹1,800 cr
daily connections
3,000
recorded in Q1
97,461 domestic conversions

Mahanagar Gas Ltd plans to add 1 million new PNG connections by FY27, raising its capital expenditure by 20% to ₹1,800 cr. The company aims to triple daily connections to 3,000, supported by government policies promoting the shift from LPG. Strong operational momentum is evident, with 97,461 domestic conversions recorded in Q1.

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 19 Aug 2026, 16:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

MGL closed +0.9% on the day of the news, from ₹1,128.00 to ₹1,137.80; Nifty +0.6% over the same session.

Bulletin at 16:04 IST on 19 Aug 2026. Every change is measured from ₹1,128.00, the last close before it, on 19 Aug. 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 it101711281239axis spans 22%before the news · 19 Aug1128Nifty 50MGLbulletinD0+1+3+513 Aug25 Aug3 SeptReference close ₹1,128.00. 16 sessions from 13 Aug to 3 Sept; 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 %
Before19 Aug₹1,128.00basebase
On the day20 Aug₹1,137.80▲ +0.9%▲ +0.6%+0.2 pp difference
+1 session21 Aug₹1,114.20▼ −1.2%▲ +0.7%−1.9 pp difference
+3 sessions25 Aug₹1,101.40▼ −2.4%▲ +1.1%−3.4 pp difference
+5 sessions27 Aug₹1,092.80▼ −3.1%▲ +0.1%−3.2 pp difference
Gap at the open, % · ₹
▲ +1.1%+11.96 on 20 Aug
Day's range, % · ₹
2.1%≈ 24 high to low
Volume on the day
0.54×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