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An update from Mahanagar Gas Ltd ( (IN:MGL) ) is now available.
Mahanagar Gas Limited has signed a Memorandum of Understanding with Oil India Limited to collaborate on the LNG value chain and explore clean energy opportunities. This partnership aims to accelerate the adoption of cleaner fuels in the long-haul transport sector, enabling greener logistics solutions and reducing pollution. The collaboration will assess the viability of LNG in heavy-duty transport and explore scalable clean energy projects.
More about Mahanagar Gas Ltd
Mahanagar Gas Limited (MGL) is a leading City Gas Distribution company in India, known for its operations in the LNG value chain, including LNG retail stations and clean energy initiatives. Oil India Limited (OIL) is a Maharatna public sector enterprise with integrated capabilities across the oil and gas value chain, focusing on hydrocarbon exploration and development, and advancing clean energy projects.
Average Trading Volume: 17,516
Technical Sentiment Signal: Hold
Current Market Cap: 126.9B INR
For an in-depth examination of MGL stock, go to TipRanks’ Overview page.