Mahanagar Gas (MGL.NS) - Market capitalization

Market cap: NZ$3.58 Billion

As of September 2024 Mahanagar Gas has a market cap of NZ$3.58 Billion. This makes Mahanagar Gas the world's 4099th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.

Market cap history of Mahanagar Gas from 2016 to 2024

End of year Market Cap

Year	Market cap	Change
2024	NZ$3.58 B	58.97%
2023	NZ$2.25 B	43.04%
2022	NZ$1.57 B	-5.63%
2021	NZ$1.67 B	-16.33%
2020	NZ$1.99 B	-8.9%
2019	NZ$2.19 B	14.5%
2018	NZ$1.91 B	-19.77%
2017	NZ$2.38 B	44.17%
2016	NZ$1.65 B

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Market capitalization of Mahanagar Gas (MGL.NS)

Market cap: NZ$3.58 Billion