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Mangalam Global Enterprise Limited
Share Price Target & Analysis

NSE:MGEL

22.47

VWAP

22.75

Open

22.6

Close

22.75

High

22.25

Low

26.40

52 Week High

22.45 ⇧
0.35 (1.58%)

MGEL

(Miscellaneous)
71.3% Momentum

Sideways to Positive

12.65

52 Week Low

0.1

EPS

57.11

PE

0.78

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: MGEL Share Price Financial Analysis & Valuation

Mangalam Global Enterprise Limited (MGEL) is broadly categorized in Miscellaneous segment industry which deals in Agriculture vertical. It is one of Micro Cap company with Market Capitalization of Rs 356.1 (in Cr). Total number of free float shares are 0 (in Lacs). Mangalam Global Enterprise Limited is listed on NSE with Exchange ID - INE0APB01016 and trading code is NSE:MGEL with short name Mangalam Global.

In the past 1 year, Mangalam Global Enterprise Limited has declared an equity dividend of Rs 1 per share. At the current share price of MGEL at Rs 22.45, this results in a dividend yield of 4.45 %.

As per the Fundamental Analysis of NSE:MGEL, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine MGEL underlying value and future prospects. All of this data is available in MGEL financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:MGEL, it is clearly understood that MGEL is Economical performer in terms of earnings and profit margins with an EPS of 0.1. NSE:MGEL book value per share as of today is 28.85. The current price to book ratio for MGEL as of May 18, 2024 is 0.78.

Valuation of the Stock: The current valuation of MGEL stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of MGEL whether to BUY this stock at current valuation. The delivery percentage of MGEL is 69.41% is very crucial parameter which shows that 69.41% investors are anticipating that the price of MGEL share should go up with VWAP at 22.47.

Now, the main question is whether to BUY or SELL, NSE:MGEL at current valuation.
As per latest Analysis No. #3100:-

⇑ STRONG BUY MGEL if All Greens

⇗ BUY MGEL (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD MGEL (With Stop Loss) if only 1 Green

⇘ SELL MGEL if NO Green Indicator

NSE: MGEL Share Price Today (May 18, 2024)

(Mangalam Global Enterprise Limited Daily Analysis on the basis of MGEL Intraday Graph & Trend)

Mangalam Global Enterprise Limited share price moved Up by 1.58% from its previous close of Rs 22.6. MGEL stock last traded price is 22.45. MGEL share price trend is Up with a total of 19136 stocks traded till now. It has touched an intraday high of Rs 22.75 and an intraday low of Rs 22.25. The MGEL trading at 22.45, Up by Rs. 0.35, or 1.58 percent which suggests that most of the Traders are anticipating that the price of MGEL share should go Up.

NSE: MGEL Share Price Tomorrow Prediction

(Mangalam Global Enterprise Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of MGEL)

Mangalam Global Enterprise Limited share price moved Up by 1.58%. MGEL share price short term trend is Up. It suggests that MGEL Share Price for Tomorrow remains the same with VWAP at 22.47 will be treated as stop loss for intraday traders. Mangalam Global Enterprise Limited Long term investors can follow the MGEL long term trend as mentiond in future forecast table.

NSE Code

NSE: MGEL

MGEL Share Price Today

 22.45

MGEL Share Price Target Prediction for 2024 ^

 18.8 - 26.5

MGEL Share Price Target Prediction for 2025*^

 26.5 - 27.6

MGEL Share Price Target Prediction for 2026*^

 27.6 - 29

MGEL Share Price Target Prediction for 2027*^

 30

MGEL Share Price Target Prediction for 2028*^

 31

MGEL Share Price Target Prediction for 2030*^

 33
MGEL Current Book Value 2023
28.7

*Mangalam Global Enterprise Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^MGEL share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

MGEL Technical Analysis

Candlestick Pattern: @22.95

MGEL Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 21.72 BUY 22.06 BUY
MA_12 22.2 BUY 21.64 BUY
MA_20 21.03 BUY 21.35 BUY
MA_32 20.52 BUY 21.02 BUY
MA_50 20.56 BUY 20.81 BUY
MA_100 20.77 BUY 20.4 BUY
MA_200 18.94 BUY 20.78 BUY

MGEL Trend Oscillators

BUY (4) NEUTRAL (0) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 21.03 Uptrend
MACD 0.09 BUY
ADX 28.22 Strong Trend
DMI (+/-) 33.2 / 13.29 Uptrend

MGEL Momentum Oscillators

BUY (3) NEUTRAL (8) SELL (1)
Momentum Oscillators Value Action
RSI 59.92 Neutral
STOCHASTIC_K (Fast) 75.67 Neutral
STOCHASTIC_D (Slow) 70 Neutral
CCI 50.36 Neutral
PSAR 26.02 SELL
TRUE RANGE 2.6 Neutral
ATR 1.66 Neutral
WILLIAMS R -45.39 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 95.11 Overbought
MOMENTUM 3.25 BUY

MGEL Last 1 Year Trend

Duration Value
1 Year 65.7%
3 Months -1.29%
1 Month 16.5%
1 Week 9.55%

MGEL Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 70%
NEUTRAL / HOLD 27%
SELL 3%

Most popular Questions & Answers about MGEL


Mangalam Global Enterprise Limited stock last traded price is 22.45. MGEL share price moved Up by 1.58% from its previous close of Rs 22.6.

Mangalam Global Enterprise Limited share price trend is Up with a total of 19136 stocks traded till now. It has touched an intraday high of Rs 26.664 and an intraday low of Rs 22.25. The MGEL trading at 22.45, Up by Rs. 0.35, or 1.58 percent which suggests that most of the Traders are anticipating that the price of MGEL share should go Up and the Stop Loss will be around 22.47.

The market cap of Mangalam Global Enterprise Limited is ₹356.1 (in Cr) as of May 17, 2024.

The current price to earning ratio for Mangalam Global Enterprise Limited as of May 17, 2024 is 57.11.

The current price to book ratio for Mangalam Global Enterprise Limited as of May 17, 2024 is 0.78.

The highest price of Mangalam Global Enterprise Limited stock is ₹26.40 in the last 52-week.

The lowest price of Mangalam Global Enterprise Limited stock is ₹12.65 in the last 52-week.

Mangalam Global Enterprise Limited share trading at ₹22.45, Up by Rs. 0.35, or 1.58 percent which suggests that most of the traders are anticipating that the price of MGEL share should go Up.

In 2023, Stock price target for Mangalam Global Enterprise Limited (MGEL) are ₹18.8 on downside and ₹26.5 on upside. Mangalam Global Enterprise Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Mangalam Global Enterprise Limited (MGEL) are ₹26.5 on downside and ₹27.6 on upside. Mangalam Global Enterprise Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Mangalam Global Enterprise Limited (MGEL) are ₹27.6 on downside and ₹29 on upside. Mangalam Global Enterprise Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Mangalam Global Enterprise Limited (MGEL) will be around ₹31 Mangalam Global Enterprise Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of MGEL.

As per the fundamental analysis of Mangalam Global Enterprise Limited (MGEL), it is of Economical quality in terms of earnings and profit margins with an EPS of 0.1. Mangalam Global Enterprise Limited book value per share as of today is 28.85. The current price to book ratio for MGEL as of May 18, 2024 is 0.78.


NSE:MGEL News & Other Useful Information about MGEL Share Price


Peer Comparison of NSE: MGEL

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Agriculture

Company Price EPS BV
MGEL 22.45 0.1 28.85
USASEEDS 295.40 0 54.91
NIRMAN 214.75 0 14.42
Updated at: 17 May 2024 15:50

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