Mahanagar Gas Ltd is up for a third straight session today. The stock is quoting at Rs 1389.6, up 4.51% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.43% on the day, quoting at 25109.55. The Sensex is at 82487.47, up 0.36%. Mahanagar Gas Ltd has slipped around 1.39% in last one month.
Meanwhile, Nifty Energy index of which Mahanagar Gas Ltd is a constituent, has slipped around 4.56% in last one month and is currently quoting at 35924.05, up 1.1% on the day. The volume in the stock stood at 17.83 lakh shares today, compared to the daily average of 5.04 lakh shares in last one month.
The benchmark June futures contract for the stock is quoting at Rs 1396.3, up 4.6% on the day. Mahanagar Gas Ltd is down 1.6% in last one year as compared to a 7.96% spurt in NIFTY and a 10.35% spurt in the Nifty Energy index.
The PE of the stock is 12.57 based on TTM earnings ending March 25.