Mahanagar Gas (MGL.NS) - Market capitalization

Market cap: ₹188.13 Billion

As of September 2024 Mahanagar Gas has a market cap of ₹188.13 Billion. This makes Mahanagar Gas the world's 4093th 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	₹188.13 B	58.5%
2023	₹118.69 B	43.33%
2022	₹82.81 B	-2.85%
2021	₹85.24 B	-18.68%
2020	₹104.82 B	-0.38%
2019	₹105.21 B	17.78%
2018	₹89.33 B	-17.41%
2017	₹108.16 B	38.89%
2016	₹77.87 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: ₹188.13 Billion