Buy call on Mahanagar Gas by ICICI Securities

With a target price of ₹975, ICICI Securities has declared a buy call on Mahanagar Gas. The Gas & Petroleum company has the current market price of ₹875.85, expected to reach the target in one year. The Mid-cap company’s Key Revenue Segments are Gas Natural, Other Operating Revenue and Pipes & Fittings. Its current total income by the end of second quarter is ₹ 1613.19 Crore, 33.29% higher than last quarter and 135.34 % higher than last year’s same quarter.

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Vishvasni Chand

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