Mahanagar Gas IPO: Market Roundup – To Subscribe or not

ipo from MGL

Detailed analysis of Mahanagar gas IPO has been given at

This page tries to sum up recommendations & comments of various Brokerage houses and media to help investor in decision to subscribe or not 

Edelweiss Securities: EBIDTA to improve going forward, Pricing looks fair : Subscribe

Centrum Broking: Rise in CNG demand likely:  Subscribe

Choice Broking: Healthy dividend payout: Subscribe

Reliance Securities: Valuation gap of MGL with IGL to shrink: Subscribe

India Infoline  : Subscribe . Relative valuation attractive compared to IGL

ICICI Direct : Subscribe

Hem Securities : Subscribe

GEPL Capital  : Subscribe

Reliance Securities:  Niche player in CGD space

Prabhudas Lilladher : Play on growing CGD Market

Capital Market :    Rating 48/100 , Steady  Growth

Business Standard : Values attractive

Economic Times : Attractively priced

Sptulsian   :  Not mahaan but sehi daam

Dalal Street inv journal  : Subscribe

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