MGL reduces CNG prices

MGL has always been a customer friendly company, consistently and promptly passing reduction in gas costs to its consumers to promote usage of Natural Gas. Due to reduction in gas input cost MGL is pleased to announce reduction in CNG price by Rs 2.5/Kg in and around Mumbai.

The revised MRP of CNG will be Rs 73.50/Kg effective from midnight of 5th March 2024/ morning of 6th March 2024.

MGL's CNG price now offers attractive savings of 53% compared to petrol and 22% compared to diesel at current price levels in Mumbai while delivering unmatched convenience, safety, reliability and environmental friendliness to consumers.

This reduction in CNG price would help to increase the consumption of natural gas in transportation segment, which is a step towards making India cleaner and greener.

Shares of Mahanagar Gas Limited was last trading in BSE at Rs. 1564.85 as compared to the previous close of Rs. 1547.10. The total number of shares traded during the day was 41879 in over 2792 trades.

The stock hit an intraday high of Rs. 1579.00 and intraday low of 1543.00. The net turnover during the day was Rs. 65304265.00.

Source : Equity Bulls

Keywords

MahanagarGas INE002S01010 MGL PriceReduction CNGPrice