Discover and read the best of Twitter Threads about #MGL

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#MGL #MahanagarGas
CMP â‚ą1219

Target: 1300/1400/1500/higher
SL: No SL for #Investment. For ST keep 900

Buy on dips
Best Buy range: 1000-1100

Only for #patient #longterm #investor

Please do your due diligence

#StockMarket #NSE #BSE #gas #Investing #Invest
#MGL

đź”—Expanding CGD network and new business areas for PNG CNG
đź”—Consistent promoter holding 32.5%. GoM holds 10%
đź”—Distributor in prominent city of Mumbai and surrounding areas
đź”—Improving business prospects post COVID
#MGL

đź”—Reasonable valuation and consistent dividend payer 3% yield
đź”—Experienced Management
đź”—Debt free
đź”—Increasing cash flows
đź”—Positive guidance of revenue and margin expansion by Management
đź”—Low crude oil price is positive
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