PPFAS Mutual Fund crosses 5 percent stake in Mahanagar Gas
MGL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.6 pts less than Nifty Smallcap 250 and 1.7 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.
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PPFAS Mutual Fund bought 65,449 Mahanagar Gas shares in the open market on 23 October 2026. Its stake rose from 4.9543 percent to 5.0205 percent, crossing the 5 percent disclosure threshold. The acquirer is not part of the promoter group.
The 5.02 percent stake adds institutional ownership, but the small 0.07 percent purchase is unlikely to materially affect the share price.