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Mahanagar GasNSE:MGL -0.02%99 12-1 Month Momentum % is -15.36% as of Aug. 30, 2026. GuruFocus rates NSE:MGL with a GF Score™ of 99/100 and a GF Value™ of ₹1,603.51 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 536 Utilities - Regulated companies, Mahanagar Gas ranks worse than 76.68% on this metric.
12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2026-08-30), Mahanagar Gas's 12-1 Month Momentum % is -15.36%.
The industry rank for Mahanagar Gas's 12-1 Month Momentum % or its related term are showing as below:
NSE:MGL's 12-1 Month Momentum % is ranked worse than 76.68% of 536
companies
in the Utilities - Regulated industry
Industry Median: 1.61
vs NSE:MGL: -15.36
Mahanagar Gas (NSE:MGL) 12-1 Month Momentum % Explanation
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
Mahanagar Gas 12-1 Month Momentum % Related Terms
NSE:MGL vs ATO, NI, UGI: 12-1 Month Momentum % Comparison
For the Utilities - Regulated Gas subindustry, Mahanagar Gas's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Mahanagar Gas 12-1 Month Momentum % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Mahanagar Gas's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Mahanagar Gas's 12-1 Month Momentum % falls into.
Mahanagar Gas (NSE:MGL) 12-1 Month Momentum % Calculation
12-1 Month Momentum % is calculated as following:
12-1 Month Momentum %
=
( Price 1-month ago
/
Price 12-month ago
- 1 )
*
100 %
* 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 12-1 Month Momentum % of -15.36% mean?
Mahanagar Gas (NSE:MGL) has a 12-1 Month Momentum % of -15.36% as of Aug. 30, 2026. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Mahanagar Gas and its competitors. According to the industry distribution chart, Mahanagar Gas ranks #411 out of 536 companies in the Utilities - Regulated industry, placing it in the top 76.7%.
Is Mahanagar Gas' 12-1 Month Momentum % too high?
Mahanagar Gas' current 12-1 Month Momentum % is -15.36%. Based on the distribution chart, Mahanagar Gas ranks #411 out of 536 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Mahanagar Gas has a GF Score™ of 99/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mahanagar Gas' 12-1 Month Momentum % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Mahanagar Gas ranks #411 out of 536 companies for 12-1 Month Momentum %. This places Mahanagar Gas in the lower half of its industry. The industry median 12-1 Month Momentum % is 1.61. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 12-1 Month Momentum % for an Utilities - Regulated company?
The median 12-1 Month Momentum % among Utilities - Regulated companies is 1.61, based on 536 companies in the industry. Companies in the top quartile (top 25%) have a 12-1 Month Momentum % significantly above this median, while those in the bottom quartile fall well below. However, 12-1 Month Momentum % 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 12-1 Month Momentum % mean?
A high 12-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Mahanagar Gas and its competitors. For the Utilities - Regulated industry, the median 12-1 Month Momentum % is 1.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahanagar Gas's current 12-1 Month Momentum % is -15.36%. 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 Significantly Undervalued. The stock's GF Value™ is ₹1,603.51, compared to a current price of ₹1,092.60 — trading 31.9% below its estimated fair value. The current 12-1 Month Momentum % is -15.36%. Mahanagar Gas' overall GF Score™ is 99/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 12-1 Month Momentum % calculated?
12-1 Month Momentum % is calculated from a company's financial statements. For Mahanagar Gas (NSE:MGL), the current 12-1 Month Momentum % is -15.36% as of Aug. 30, 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 ₹1,092.60 is trading 31.9% below its estimated GF Value™ of ₹1,603.51.
GuruFocus considers Mahanagar Gas to be Significantly Undervalued.
Key valuation signals for NSE:MGL:
12-1 Month Momentum %: -15.36%
GF Value™: ₹1,603.51 vs. price of ₹1,092.60 (31.9% below fair value)
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 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.
99GF Score
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