Mahanagar Gas Limited (MGL) stock surged past the ₹1,525–1,550 resistance following a PNGRB tariff update. Analyst Financial Independence sees potential upside to ₹1,660–1,700 if the stock sustains above ₹1,585. Despite an RSI of 71.8 signaling overbought levels, fresh entries can be considered on pullbacks near ₹1,525 with a stop-loss below ₹1,490.