Mahanagar Gas - 4QFY21 by Mr. Yash Gupta, Angel Broking Ltd
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Below are Quote on Mahanagar Gas - 4QFY21 by Mr. Yash Gupta Equity Research Associate, Angel Broking Ltd
As we have seen a Full lockdown in Maharashtra is continuing and expected to be there till mid of June, so next quarter will again be challenging for the company. We are expecting a volume degrowth of 5%-15% in next quarter and after that expecting a recovery in Q2FY22 . We have a positive outlook towards the Mahanagar gas limited with a target price of ₹1215.
Above views are of the author and not of the website kindly read disclaimer
Tag News
On the higher side, immediate resistance is seen around 36000 - 36200 levels - Angel One
