Buy Mahanagar Gas, target price Rs 1,200: Motilal Oswal
The company enjoys the highest EBITDA/scm amongst peers, which the brokerage believes would be normalised.
Trending stocks: Mahanagar Gas shares down nearly 1%
A total of 2,470 shares changed hands on the counter till 10:51AM (IST).
Reduce Mahangar Gas, target price Rs 925: ICICI Securities
Mahanagar Gas has been badly hit by the lockdown. Its volumes in the first quarter FY21 till date are just 25-30 per cent of pre-lockdown levels.
Consultants roped in to evaluate land monetisation process for BSNL, MTNL: CMD
A preliminary report on the land monetisation process is likely to be submitted by the month-end, BSNL Chairman and Managing Director P K Purwar added.
Trending stocks: Mahanagar Telephone Nigam stock falls 1.8%
The stock quoted a 52-week high of Rs 19.4 and a 52-week low of Rs 4.45.
Accumulate Mahanagar Gas, target price Rs 752: Normal Bang
Nirmal Bang upgraded MGL to “accumulate: based on the moderately favorable risk-reward at current valuations, which in its view prices in near term concerns on growth.
Centrum maintains 'add’ on Mahanagar Gas, target price of Rs 1,120
Shares of Mahanagar Gas closed at Rs 1,174, down 1.7%.
Buy Mahanagar Gas, price target Rs 1,200: Kunal Bothra
The analyst suggested a stoploss at Rs 1140 .
Reliance to produce new gas from D6 by end June; to cost $2.2/unit at current oil prices
At current Brent oil price of around USD 26 per barrel, the gas from R-Series field in KG-D6 block will cost about USD 2.2 per million British thermal unit - lower than even the government mandated rate of USD 2.39 for gas from state-owned ONGC fields.
High conviction ideas? Stocks top PMSes betting on are worth a look
Domestic brokerage firms, too, are bullish on some of these stocks.
Mahanagar Gas cuts CNG, PNG prices
"After the revision, MGL's CNG offers attractive savings of about 55 per cent and 29 per cent as compared to petrol and diesel respectively at current price levels in Mumbai," it said.
Select companies likely to recover fast after lockdown
Stocks in power, telecom & hospitals could benefit as they may see a quick recovery after the lockdown ends.
Trai pulls up telcos for selective validity extension
Trai said “Airtel and VIL had followed a selective approach” in giving relaxation to subscribers in extending the validity and giving a credit of Rs 10 to each subscriber, and as a result “all the 2G subscribers were not covered and are facing hardships” in absence of any recharge facilities.
Buy Mahanagar Gas, target price Rs 1,075: Kunal Bothra
Kunal Bothra recommended to keep stoploss at Rs 1025.
Bharti Airtel extends pre-paid validity till April 17, credits Rs 10 talk time
"Airtel has extended the pre-paid pack validity for over 80 million customers till April 17, 2020. All these customers will continue to get incoming calls on their Airtel mobile numbers even after the validity of their plan is exhausted," Airtel said in a statement. The benefits will be available to users in the next 48 hours, it said.
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