Mumbai, Aug. 28 -- Mahanagar Gas Ltd dropped for a fifth straight session today. The stock is quoting at Rs 1281.7, down 0.06% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.62% on the day, quoting at 24558. The Sensex is at 80224.7, down 0.7%.Mahanagar Gas Ltd has eased around 7.73% in last one month.Meanwhile, Nifty Energy index of which Mahanagar Gas Ltd is a constituent, has eased around 4.62% in last one month and is currently quoting at 33955.95, down 0.54% on the day. The volume in the stock stood at 8.69 lakh shares today, compared to the daily average of 2.9 lakh shares in last one month.The PE of the stock is 11.68 based on TTM earnings ending June 25.

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