Mahanagar Gas (NSE:MGL) Float Percentage Of Total Shares Outstanding: 0.00% (As of Jul. 03, 2026)


NSE:MGL Mahanagar Gas Ltd NSE:MGL
97 GF Score
Price ₹1,143.40
GF Value ₹1,559.10
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Mahanagar Gas Float Percentage Of Total Shares Outstanding?

Mahanagar Gas NSE:MGL -1.60% 97 Float Percentage Of Total Shares Outstanding is 0.00% as of Jul. 03, 2026. GuruFocus rates NSE:MGL with a GF Score™ of 97/100 and a GF Value™ of ₹1,559.10 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Float percentage of total shares outstanding is the percentage of float shares relative to the total shares outstanding. As of today, Mahanagar Gas's float shares is 0.00 Mil. Mahanagar Gas's total shares outstanding is 98.78 Mil. Mahanagar Gas's float percentage of total shares outstanding is 0.00%.

Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding. As of today, Mahanagar Gas's Insider Ownership is 0.00%.

Institutional Ownership is the percentage of shares that are owned by institutions out of the total shares outstanding. As of today, Mahanagar Gas's Institutional Ownership is 23.18%.

NSE:MGL
97GF Score
Mahanagar Gas Ltd NSE:MGL
Float Percentage Of Total Shares Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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Mahanagar Gas Float Percentage Of Total Shares Outstanding Calculation

It is the percentage of float shares out of the total shares outstanding.

Mahanagar Gas's Float Percentage of Total Shares Outstanding for today is calculated as follows:

Float Percentage of Total Shares Outstanding=Float Shares/Total Shares Outstanding
=0.00/98.78
=0.00%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Float Percentage Of Total Shares Outstanding of 0.00% mean?
Mahanagar Gas (NSE:MGL) has a Float Percentage Of Total Shares Outstanding of 0.00% as of Jul. 03, 2026. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on Mahanagar Gas and its competitors.
Is Mahanagar Gas' Float Percentage Of Total Shares Outstanding too high?
Mahanagar Gas' current Float Percentage Of Total Shares Outstanding is 0.00%. Overall, Mahanagar Gas has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mahanagar Gas' Float Percentage Of Total Shares Outstanding compare to ATO and NI?
Mahanagar Gas' Float Percentage Of Total Shares Outstanding of 0.00% can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Float Percentage Of Total Shares Outstanding for an Utilities - Regulated company?
A good Float Percentage Of Total Shares Outstanding depends on the Utilities - Regulated industry context. However, Float Percentage Of Total Shares Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Float Percentage Of Total Shares Outstanding mean?
A high Float Percentage Of Total Shares Outstanding can signal that a stock is expensive relative to its fundamentals. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on Mahanagar Gas and its competitors. Mahanagar Gas's current Float Percentage Of Total Shares Outstanding is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahanagar Gas stock overvalued right now?
Based on GuruFocus' analysis, Mahanagar Gas (NSE:MGL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,559.10, compared to a current price of ₹1,143.40 — trading 26.7% below its estimated fair value. The current Float Percentage Of Total Shares Outstanding is 0.00%. Mahanagar Gas' overall GF Score™ is 97/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Float Percentage Of Total Shares Outstanding calculated?
Float Percentage Of Total Shares Outstanding is calculated from a company's financial statements. For Mahanagar Gas (NSE:MGL), the current Float Percentage Of Total Shares Outstanding is 0.00% as of Jul. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mahanagar Gas (NSE:MGL) Overvalued in 2026?

Based on GuruFocus' analysis, Mahanagar Gas stock appears to be undervalued. The current stock price of ₹1,143.40 is trading 26.7% below its estimated GF Value™ of ₹1,559.10. GuruFocus considers Mahanagar Gas to be Modestly Undervalued.

Key valuation signals for NSE:MGL:

  • Float Percentage Of Total Shares Outstanding: 0.00%
  • GF Value™: ₹1,559.10 vs. price of ₹1,143.40 (26.7% below fair value)
  • GF Score™: 97/100 with 5 warning signs

No single metric tells the full story. See the NSE:MGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mahanagar Gas Business Description

Other Exchanges 539957:India
Address Block No. G-33, Bandra-Kurla Complex, MGL House, Bandra (East), Mumbai, MH, IND, 400051
Mahanagar Gas Ltd is an India-based natural gas distribution company. It distributes natural gas through the City Gas Distribution network of pipelines. It distributes compressed natural gas (CNG) for use in vehicles and piped natural gas (PNG) for domestic household, commercial, and industrial use, and to transport sector customers as well. The company operates under the business segment of the sale of natural gas. Its business operations are principally carried out in India. The company generates revenue by selling natural gas, of which the sale of CNG accounts majorly for the total gas sales revenue.
97GF Score

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Float Percentage Of Total Shares Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,143.40
Price
₹1,559.10
GF Value