Mahanagar Gas cracks nearly 8%, touches a 52-week low

Shares of Mahanagar Gas cracked almost 8% to touch its 52-week low of 776.60 on BSE in Tuesday’s trade, despite the company reported a growth in profit for the March quarter.

The CNG retailer reported on Monday a 5% rise in its March quarter net profit to Rs 104.76 crore, a little better than what it had earned during the same period of the previous fiscal.

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