NSI Equity Snapshot

MGL Weekly Equity Report

Mahanagar Gas Limited

Interactive chart JSON snapshot
Latest Close 1,095 INR 12 Jun 2026
1W Return 0.5% latest completed week
4W Return 0.7% short-term follow-through
12W Return 13.2% quarterly tape
Trend Breadth 15.4% 8 of 52 weeks active
Volume Ratio 0.5x vs 13-week average
Company Brief

What the company does

Mahanagar Gas Limited operates as a natural gas distribution company in India. The company supplies piped natural gas (PNG) to domestic households for cooking and water heating, as well as for nursing homes, flight kitchens, and places of worship; commercial establishments, including hospitals, hotels, restaurants, and charitable trusts; and industries, such as metals, pharmaceuticals, printing and dyeing, food and beverages, oil mills, FMCG product manufacturers, power generation, and air-conditioning. It also provides compressed natural gas to transport sector. In addition, it engages in sale of pipes and fittings required for construction of pipeline infrastructure. Further, …

Snapshot

What the weekly tape is saying

MGL closed the latest completed week at 1,095 INR. The 4-week return is 0.7% and the 12-week return is 13.2%. Trend Signal is inactive, Market Dynamics is 0.31. Setup signature: Risk-first tape with a 34/100 composite read.

Trend Signal Inactive
Market Dynamics No fresh buy
Price vs Trend -0.1%
Volume 0.5x
Setup Cockpit

A compressed read of the whole setup

The radar blends trend persistence, momentum, Market Dynamics, Relative Strength, volume confirmation, and risk control into one weekly cockpit.

Composite setup radar

Scoreboard

Trend 8 Persistence of active Trend Signal over the last year and current streak.
Momentum 63 Blend of 4-week and 12-week follow-through.
Dynamics 51 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 44 Relative leadership and short-term RS change.
Volume 23 Participation compared with the 13-week volume baseline.
Risk Control 16 Drawdown and recent weekly volatility pressure.

16-week signal tape

27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun
Weekly return bar Trend Signal dot Positive Market Dynamics dot
Price Action

Price, Trend Line, and Fair Value

Weekly price context with the latest close, trend position, Fair Value gap, drawdown, and 52-week range location.

52-week price path

Price Trend Line Fair Value

Price map

Trend Line
1,096 INR
Vs Trend Line
-0.1%
Fair Value
1,257 INR
Vs Fair Value
-12.9%
52W High
1,549 INR
52W Low
900.0 INR
Drawdown
-29.3%
Range Position
30.0%
Momentum

Returns and trend persistence

Return windows separate the latest week from short-term and medium-term follow-through.

Return windows

1W 0.5%
4W 0.7%
12W 13.2%
26W -1.5%
52W -16.6%

Trend read

Active Streak
0 weeks
52W Active Weeks
8
52W Active Breadth
15.4%
Sector Scope
IN Utilities
Sector Rank
8 of 40
Sector Percentile
82.1%
Peer Context

Sector and industry pulse

Peer breadth helps separate a stock-specific move from a broader group rotation.

Market Dynamics

Pressure, Relative Strength, and expectation

Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.

Dynamics path

Market Dynamics Relative Strength

Signal state

Market Dynamics
0.31
4W MD Change
-60.1%
Relative Strength
-3.03
4W RS Change
36.5%
Expectation
Positive
Probability
55.68%
Volume

Participation and confirmation

Volume tells us whether the latest weekly move is being confirmed by unusual participation.

52-week volume profile

Volume map

Latest Volume
785.0K
13W Average
1.4M
52W Average
1.7M
Vs 13W
0.5x
Vs 52W
0.5x
Risk Anatomy

Volatility, downside weeks, and return shape

A compact risk profile shows whether the move is steady, volatile, or being driven by sharp one-week jumps.

26-week return distribution

Risk map

13W Volatility
5.0%
52W Volatility
4.7%
Upside Weeks
28
Downside Weeks
24
Downside Breadth
46.2%
Avg Gain / Loss
3.1% / -4.1%
Context

Classification, opportunities, risks, and watch points

Top-level read across company classification, constructive evidence, caution points, and the next things that matter.

Classification

Exchange
NSI
Country
IN
Sector
Utilities
Industry
Utilities - Regulated Gas
Currency
INR
Market Cap
108.2B

Opportunity signals

  • Market Dynamics is positive on the latest completed week.
  • Latest weekly return ranks in the strongest part of its sector group.

Risk signals

  • Trend Signal is inactive, so price action has not confirmed a constructive regime.
  • Price is below the Trend Line, which keeps downside pressure in focus.
  • Price is below Fair Value, so the market is still discounting the latest tape.
  • The share remains more than 20% below its 52-week high.

Watch next

  • Trend Line remains the key weekly regime level.
  • Market Dynamics is the pressure gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Weekly Tape

Recent completed weeks

The latest weekly rows behind the report snapshot.

Week Close Return Trend Fair Value MD RS Volume Signal
12 Jun 2026 1,095 INR 0.5% 1,096 INR 1,257 INR 0.31 -3.03 785.0K Off
5 Jun 2026 1,089 INR -0.5% 1,100 INR 1,256 INR 0.29 -2.75 1.4M Off
29 May 2026 1,095 INR 3.8% 1,104 INR 1,256 INR 0.52 -3.18 1.0M Off
22 May 2026 1,055 INR -3.0% 1,110 INR 1,255 INR 0.61 -7.62 734.1K Off
15 May 2026 1,088 INR -7.3% 1,118 INR 1,254 INR 0.77 -4.77 1.5M Off
8 May 2026 1,173 INR 3.3% 1,124 INR 1,253 INR 0.81 0.11 1.0M Off
1 May 2026 1,136 INR 0.5% 1,127 INR 1,252 INR 0.63 -2.61 632.6K Off
24 Apr 2026 1,130 INR 0.4% 1,132 INR 1,251 INR 0.26 -2.95 1.3M Off
17 Apr 2026 1,126 INR 4.6% 1,135 INR 1,250 INR -0.01 -5.31 1.5M Off
10 Apr 2026 1,076 INR 12.9% 1,142 INR 1,248 INR -0.19 -8.56 2.0M Off
3 Apr 2026 953.2 INR 1.4% 1,149 INR 1,247 INR -0.17 -14.54 1.2M Off
27 Mar 2026 940.2 INR -2.8% 1,159 INR 1,247 INR 0.13 -16.58 2.7M Off
20 Mar 2026 967.1 INR -6.6% 1,169 INR 1,247 INR 0.52 -15.82 3.0M Off
13 Mar 2026 1,035 INR -1.4% 1,181 INR 1,247 INR 0.53 -10.61 3.5M Off