MAHANAGAR GAS LTD. Peer Comparison
MGL · Oil Gas & Consumable Fuels · Current price ₹1,049.5
Peers tracked
10
MAHANAGAR GAS LTD. P/E
12.3x
Sector
Oil Gas & Consumable Fuels
MAHANAGAR GAS LTD. vs peers
| Company | Price | P/E | Market cap (Cr) |
|---|---|---|---|
| GAIL (INDIA) LTD | ₹168.1 | 11.7x | 1,10,527 |
| ADANI TOTAL GAS LIMITED | ₹579.35 | 126.7x | 63,718 |
| PETRONET LNG LIMITED | ₹293 | 10.3x | 43,950 |
| GUJARAT ENERGY LIMITED | ₹222.62 | 14.0x | 20,887 |
| INDRAPRASTHA GAS LTD | ₹143.06 | 15.9x | 20,028 |
| MAHANAGAR GAS LTD. | ₹1,054 | 13.3x | 10,411 |
| GSPL TRANSMISSION LIMITED | ₹119.72 | — | 3,744 |
| IRM ENERGY LIMITED | ₹258.1 | 15.8x | 1,060 |
| POSITRON ENERGY LIMITED | ₹218.1 | 7.1x | 166 |
| AXIOM GAS ENGINEERING LTD | ₹41.35 | — | 146 |
MAHANAGAR GAS LTD. versus its peers
MAHANAGAR GAS LTD. operates in the Oil Gas & Consumable Fuels space alongside 10 tracked peers. Comparing valuation multiples within a sector is far more meaningful than in isolation — a P/E of 12.3x may be cheap in one industry and expensive in another.
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