InvestorQ : How about short term investment in Mahanagar Gas Ltd?
Ira Shah made post

How about short term investment in Mahanagar Gas Ltd?

Answer
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vidhya Laxmi answered.
4 weeks ago


It may be difficult to take a very short term call on the stock as the city gas suppliers have been under strain owing to the lockdown. The institutional demand has come down substantially and that is hitting volumes.

The stock has traditionally been a good dividend yield play and you must look at the stock as a good play on a shift in the hydrocarbon mix in favour of gas in the coming years. A long term view of around 1 year would be better.