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