MGL and Oil India sign LNG and clean energy cooperation agreement

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MGL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+2.1%Reaction day

₹1285.00

prior close

₹1284.40

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.1%+2.0% vs market

LPG/CNG/PNG/LNG Supplier peers, median of 6sector-0.1%+2.2% vs sector

On the reaction day the stock moved 2.0 pts more than Nifty Smallcap 250 and 2.2 pts more than its LPG/CNG/PNG/LNG Supplier peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.3

10m

+3.7

15m

+2.2

30m

+1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.1+0.1+2.0-0.1+2.2

Next day

-0.3-0.4+0.2-0.6+0.3

+0.7-0.1+0.9-0.9+1.6

+0.8+0.5+0.3-0.6+1.3

+1.2+0.2+1.0-1.1+2.3

+1.9-0.7+2.6-2.1+3.9

+0.8+0.5+0.3-2.3+3.2

15d

+0.9+2.3-1.4-2.4+3.3

-5.4-0.1-5.3-5.3-0.1

-12.8-5.3-7.4-10.3-2.5

-17.0-1.3-15.7-9.9-7.1

UpDownMarket · Nifty Smallcap 250Sector · LPG/CNG/PNG/LNG Supplier peers, median of 6Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

On October 6, 2025, Mahanagar Gas signed a collaboration agreement with Oil India to explore opportunities across the LNG value chain and clean energy areas. They will assess LNG's technical and commercial viability for heavy-duty transport and seek to move feasible pilot projects to commercial scale. No financial terms or timeline were disclosed.

Likely market impact

The agreement may support longer-term growth in LNG and cleaner transport, but no near-term earnings impact has been quantified.