Mahanagar Gas - 4QFY21 by Mr. Yash Gupta, Angel Broking Ltd
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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
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