Dolat Capital: Mahanagar Gas - Sustainable Business

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Dolat Capital Report.Mahanagar Gas Ltd. reiterates its position as a trusted natural gas supplier, it remains steadfast to further expand and extend green footprints far and wide, taking strides to responsibly fuel India.During the pandemic Mahanagar Gas strived to ensure that all customers who need natural gas have an uninterrupted access to the same and it has proactively geared itself to sustain its business in this situation and is firmly on the way to recovery towards pre Covid-19 levels.While there is ample scope for growing the business of Mahanagar Gas organically in its currently authorised geographical areas, they are continuously looking out for inorganic growth opportunities.Favourable regulatory environment, government’s initiative to replace liquefied petroleum gas connections with piped natural gas in urban areas, increased availability of compressed natural gas filling facilities, replacement of polluting fuels with natural gas in industrial sector, are likely momentum to in-the-city gas distribution.Mahanagar Gas’ top priority will be expanding it’s core operations in the existing license areas of Mumbai and adjoining areas as well as in Raigad district.These areas have large untapped opportunities and offer good potential for long-term growth..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Dolat Capital: Mahanagar Gas - Sustainable Business

Dolat Capital: Mahanagar Gas - Sustainable Business

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