Buy Mahanagar Gas, target Rs 1,090: Manas Jaiswal
Buy Mahanagar Gas Ltd. at a price target of Rs 1090.0 and a stop loss at Rs 1045 from entry point.
The current market price of Mahanagar Gas is Rs 1,058.
Time period given by the analyst is 'Intra Day' when Mahanagar Gas price can reach defined target.
Manas Jaiswal recommended to keep a stop loss at Rs 1,045.
Mahanagar Gas, incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 10,307.96 Crore) operating in Petroleum sector.
The company’s top management includes Mr.Akhil Mehrotra, Mr.Arun Balakrishnan, Mr.Jainendar Kumar Jain, Mr.Raj Kishore Tewari, Mr.Rajeev Mathur, Mr.Santosh Kumar, Mr.Sunil Porwal, Mr.V N Datt, Mrs.Radhika Haribhakti, Ms.Susmita Sengupta.
Company has SRBC & Co LLP as its auditors.
As on 31-12-2017, the company has a total of 98,777,778 shares outstanding.
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