![Stocks To Watch Today (23 Apr 2024): Gallantt Metal Hits New All-Time High, TECHNOE Brews 52-Week High & More](https://stockpricearchive.com/wp-content/uploads/2024/04/tue-23-apr-2024-stocks-to-watch-150x150.webp)
Mahanagar Gas Share Price History & Returns (2016 To 2024)
![Mahanagar Gas Share Price History & Returns (2016 To 2024)](https://stockpricearchive.com/wp-content/uploads/2023/09/Mahanagar-Gas-share-price-history-and-returns.webp)
Show Table of Contents
Table of Contents
- 1: Mahanagar Gas Share Highlights
- 1.1: 52-Week High Low
- 1.2: All Time High
- 2: Mahanagar Gas Share Price Chart From 2016 to 2024
- 3: Mahanagar Gas Share Price History Table From 2016 to 2024
- 4: Analyzing the Impact of Investing in Mahanagar Gas
- 4.1: Mahanagar Gas Share Returns In Last 5 Years
- 4.2: Mahanagar Gas Share VS FD (Normal) VS FD (Compounding)
Mahanagar Gas Share Highlights
As of Fri 06 Sep 2024, Mahanagar Gas Share price is ₹1,839 which is ₹73.15 below 52-week high of ₹1,912.15 and ₹860.25 above 52-week low of ₹978.75
52-Week High Low
- Mahanagar Gas 52-Week High is ₹1,912.15 occured on Wed 31 Jul 2024
- Mahanagar Gas 52-Week Low is ₹978.75
All Time High
- The all-time high or the highest price that Mahanagar Gas shares have ever touched was ₹1,912.15 and this occurred on Wed 31 Jul 2024.
- The highest closing price at which Mahanagar Gas shares have ever closed was ₹1,896.94 recorded on Tue 30 Jul 2024.
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
Advertisement
Mahanagar Gas Share Price Chart From 2016 to 2024
![Mahanagar Gas Share Price History Table From 2016 to 2024 Mahanagar Gas Share Price History Table From 2016 to 2024](/wp-content/uploads/nip_uploads/charts/MGL_main.webp)
Mahanagar Gas Share Price History Table From 2016 to 2024
Advertisement
Year | Mahanagar Gas | YOY Chg% | ↑High - ↓Low |
---|---|---|---|
2016 | ₹770.85 | - | ↑ ₹810 ↓ ₹487 |
2017 | ₹1076.97 | 39.7% | ↑ ₹1355 ↓ ₹771 |
2018 | ₹889.91 | -17.4% | ↑ ₹1111 ↓ ₹743 |
2019 | ₹1048.14 | 17.7% | ↑ ₹1071 ↓ ₹742 |
2020 | ₹1061.20 | 1.2% | ↑ ₹1226 ↓ ₹653 |
2021 | ₹862.95 | -18.7% | ↑ ₹1284 ↓ ₹834 |
2022 | ₹838.25 | -2.9% | ↑ ₹925 ↓ ₹665 |
2023 | ₹1200.50 | 43.2% | ↑ ₹1231 ↓ ₹830 |
2024 | ₹1839.00 | 53.1% | ↑ ₹1902 ↓ ₹1826 |
Analyzing the Impact of Investing in Mahanagar Gas
Mahanagar Gas Shares price in the year 2016 was ₹770.85. If you had invested ₹10,000 in Mahanagar Gas Shares in 2016, in 8 years, your investment would have grown to ₹23,856 by the end of 2024. This represents a positive return of 138.5% from 2016 to 2024, with a compound annual growth rate (CAGR) of 11.4%.
Advertisement
Also Read: Indian Overseas Bank Year Wise Share Price History From IPO to 2024
Mahanagar Gas Share Returns In Last 5 Years
![Mahanagar Gas Share Returns In Last 5 Years Mahanagar Gas Share Returns In Last 5 Years](/wp-content/uploads/nip_uploads/charts/MGL_last5.webp)
- Its highest share price in the last 5 years was: ₹1,902.59 and lowest was: ₹653.27
- Mahanagar Gas Shares price in 2019 was ₹1,048.14
- By 2024, its share price rose to ₹1,839
- It gave a positive return of over 75% with a CAGR of 11.9% over the last 5 years
- If you had invested ₹10,000 in Mahanagar Gas in 2019 then in 5 years, your investment would have grown to ₹17,545 by 2024, which is 1.75 times of your initial investment.
Mahanagar Gas Share VS FD (Normal) VS FD (Compounding)
You might wonder which option is better: shares, fixed deposits (FDs) or compounding FDs. Let’s compare them and see how they differ.
- Shares: Units of ownership in a company can benefit from its profits or losses.
- FDs: Deposits you make with a bank or a financial institution for a fixed time and at a fixed interest rate.
- Compounding FDs: Similar to FDs but with one difference: the interest is reinvested into the principal amount instead of being paid out.
If you invested ₹10,000 rupees each in these 3 options in :
Year | Mahanagar Gas Investment | FD Normal Investment | FD Compond Investment |
---|---|---|---|
2016 | ₹10,000 | ₹10,000 | ₹10,000 |
Then today, your investment would have become this much in each option: | |||
2024 | ₹23,788.19 | ₹14,800 | ₹15,938.48 |
[Click/Touch on line to show data]
For more insights into Mahanagar Gas, explore these additional resources:-
- Mahanagar Gas Price Target Tomorrow
- Mahanagar Gas Price Long Term Target
- Mahanagar Gas Dividend History