These Are The Top 5 Gas Distribution Shares In India
Currently, natural gas makes up ~6% of the entire energy consumption in India
However, India may see this contribution rising to ~10% by 2025 and ~15% by 2030
due to the massive push is given by the government on environment-friendly fuel
In current times, the Natural Gas sector in India is not impacted much due to the pandemic
We suggest that one should perform a qualitative analysis of top scoring companies before taking any decision
So today we have listed the Top 5 Gas Distribution Stocks In India
1. Mahanagar Gas
Mahanagar Gas Utilities: Non-Electric Sector Company. The total valuation (market value) of the company is ₹7,365 crores.
The price of one share of the company is ₹762.70 in the BSE market today and ₹762.70 in the NSE market today.
PROS – Company is almost debt free. – Stock is providing a good dividend yield of 3.02%. – Company is expected to give good quarter – Company has been maintaining a healthy dividend payout of 40.54%
CONS: To get detailed information click below