{"id":271144,"date":"2026-09-25T12:23:43","date_gmt":"2026-09-25T06:53:43","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=271144"},"modified":"2026-09-25T12:23:43","modified_gmt":"2026-09-25T06:53:43","slug":"buy-sell-or-hold-igl-mgl-atgl-gspl-irm-energy-gas-distribution-stocks","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/buy-sell-or-hold-igl-mgl-atgl-gspl-irm-energy-gas-distribution-stocks\/","title":{"rendered":"Buy, Sell Or Hold: Indraprastha Gas, Mahanagar Gas, Adani Total Gas, Gujarat State Petronet, IRM Energy \u2014 Analyst Forecast"},"content":{"rendered":"

India’s city gas distribution stocks supply piped natural gas and CNG across major metros and expanding geographical areas, businesses whose margins hinge on domestic gas allocation, LNG import costs and CNG-versus-petrol pricing spreads. This piece checks five listed names on valuation and profitability.<\/p>\n

\n

Sector Snapshot (25 September 2026)<\/strong><\/p>\n\n\n\n\n\n\n\n
Stock<\/th>\nLTP (Rs)<\/th>\n52W High<\/th>\n52W Low<\/th>\nP\/E vs Industry<\/th>\nROE<\/th>\nOur View<\/th>\n<\/tr>\n
Indraprastha Gas<\/a><\/td>\n144.82<\/td>\n223.50<\/td>\n141.74<\/td>\n15.07 \/ 14.84<\/td>\n13.47%<\/td>\nBuy on Dips<\/td>\n<\/tr>\n
Mahanagar Gas<\/a><\/td>\n1,074.50<\/td>\n1,335.40<\/td>\n900.00<\/td>\n14.92 \/ 14.84<\/td>\n13.09%<\/td>\nHold<\/td>\n<\/tr>\n
Adani Total Gas<\/a><\/td>\n612.75<\/td>\n859.85<\/td>\n462.80<\/td>\n106.49 \/ 14.84<\/td>\n13.48%<\/td>\nAvoid \/ High Risk<\/td>\n<\/tr>\n
Gujarat State Petronet<\/a><\/td>\n268.35<\/td>\n360.60<\/td>\n226.35<\/td>\n9.57 \/ 14.84<\/td>\n8.63%<\/td>\nBuy on Dips<\/td>\n<\/tr>\n
IRM Energy<\/a><\/td>\n265.25<\/td>\n378.00<\/td>\n165.40<\/td>\n15.05 \/ 14.84<\/td>\n5.33%<\/td>\nHold<\/td>\n<\/tr>\n<\/table><\/div>\n
\n

Quick Answer<\/strong><\/p>\n

Indraprastha Gas and Gujarat State Petronet both stand out among these gas distribution stocks, trading at or below the industry average valuation with solid to reasonable return on equity, with Indraprastha Gas also near its 52-week low. Mahanagar Gas trades close to a fair valuation, IRM Energy’s returns are comparatively weak, and Adani Total Gas is the clear outlier, trading at more than seven times the industry average.<\/p>\n<\/div>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

\n
\n

Table of Contents<\/p>\nToggle<\/span><\/path><\/svg><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n