MAHANAGAR GAS LTD. Peer Comparison
MGL · Oil, Gas & Consumable Fuels · Current price ₹1,075.9
Peers tracked
8
MAHANAGAR GAS LTD. P/E
12.6x
Sector
Oil, Gas & Consumable Fuels
MAHANAGAR GAS LTD. vs peers
| Company | Price | P/E | Market cap (Cr) |
|---|---|---|---|
| GAIL (INDIA) LTD | ₹172.69 | 15.1x | 1,13,574 |
| ADANI TOTAL GAS LIMITED | ₹613.65 | 126.7x | 67,512 |
| PETRONET LNG LIMITED | ₹292.3 | 10.6x | 43,845 |
| GUJARAT ENERGY LIMITED | ₹254.3 | 12.3x | 23,911 |
| INDRAPRASTHA GAS LTD | ₹149.85 | 14.1x | 20,990 |
| MAHANAGAR GAS LTD. | ₹1,077.7 | 13.3x | 10,648 |
| IRM ENERGY LIMITED | ₹280.4 | 21.4x | 1,153 |
| POSITRON ENERGY LIMITED | ₹168 | 6.3x | 127 |
MAHANAGAR GAS LTD. versus its peers
MAHANAGAR GAS LTD. operates in the Oil, Gas & Consumable Fuels space alongside 8 tracked peers. Comparing valuation multiples within a sector is far more meaningful than in isolation — a P/E of 12.6x may be cheap in one industry and expensive in another.
More on MAHANAGAR GAS LTD.
DocStoX estimates are generated by a deterministic valuation engine from reported financials — for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.

