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Mangalam Global Enterprise Limited
Share Price Target & Analysis

NSE:MGEL

22.09

VWAP

22

Open

22

Close

22.89

High

21.32

Low

32

52 Week High

21.62 ⇩
-0.38 (-1.73%)

MGEL

(Miscellaneous)
35.5% Momentum

Turnaround Potential

15.9

52 Week Low

1.53

EPS

27.29

PE

2.03

PB

Standard
Quality

Bronze
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 21.62, this results in a dividend yield of 4.63 %.

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 Standard performer in terms of earnings and profit margins with an EPS of 1.53. NSE:MGEL book value per share as of today is 10.65. The current price to book ratio for MGEL as of Nov 23, 2024 is 2.03.

Valuation of the Stock: The current valuation of MGEL stock is like Bronze which means currently the stock is Reasonably Priced. 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 59.72% is very crucial parameter which shows that 59.72% investors are anticipating that the price of MGEL share should go up with VWAP at 22.09.

Now, the main question is whether to BUY or SELL, NSE:MGEL at current valuation.
As per latest Analysis No. #3614:-

⇑ 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 (Nov 23, 2024)

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

Mangalam Global Enterprise Limited share price moved Down by -1.73% from its previous close of Rs 22. MGEL stock last traded price is 21.62. MGEL share price trend is Down with a total of 214719 stocks traded till now. It has touched an intraday high of Rs 22.89 and an intraday low of Rs 21.32. The MGEL trading at 21.62, Down by Rs. -0.38, or -1.73 percent which suggests that most of the Traders are anticipating that the price of MGEL share should go Down.

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 Down by -1.73%. MGEL share price short term trend is Down. It suggests that MGEL Share Price for Tomorrow remains the same with VWAP at 22.09 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

 21.62

MGEL Share Price Target Prediction for 2024 ^

 16.7 - 25.4

MGEL Share Price Target Prediction for 2025*^

 25.4 - 34.3

MGEL Share Price Target Prediction for 2026*^

 34.3 - 36.7

MGEL Share Price Target Prediction for 2027*^

 39

MGEL Share Price Target Prediction for 2028*^

 40

MGEL Share Price Target Prediction for 2030*^

 43
MGEL Current Book Value 2023
10.6

*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: @23.04

MGEL Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 23.74 SELL 23.69 SELL
MA_12 24.28 SELL 24.2 SELL
MA_20 24.56 SELL 24.45 SELL
MA_32 25.04 SELL 24.71 SELL
MA_50 24.96 SELL 24.8 SELL
MA_100 25.48 SELL 24.6 SELL
MA_200 23.18 SELL 23.6 SELL

MGEL Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 24.56 Downtrend
MACD -0.15 SELL
ADX 10.3 NO or Weak Trend
DMI (+/-) 15.74 / 17.07 Downtrend

MGEL Momentum Oscillators

BUY (0) NEUTRAL (7) SELL (5)
Momentum Oscillators Value Action
RSI 35.78 Neutral
STOCHASTIC_K (Fast) 31.06 Neutral
STOCHASTIC_D (Slow) 22.77 Neutral
CCI -138.41 SELL
PSAR 27.12 SELL
TRUE RANGE 4.3 Neutral
ATR 1.49 Neutral
WILLIAMS R -71.16 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM -3.71 SELL

MGEL Last 1 Year Trend

Duration Value
1 Year 33.18%
3 Months -7.36%
1 Month -13.87%
1 Week -6.42%

MGEL Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 0%
NEUTRAL / HOLD 27%
SELL 73%

Most popular Questions & Answers about MGEL


Mangalam Global Enterprise Limited stock last traded price is 21.62. MGEL share price moved Down by -1.73% from its previous close of Rs 22.

Mangalam Global Enterprise Limited share price trend is Down with a total of 214719 stocks traded till now. It has touched an intraday high of Rs 32.32 and an intraday low of Rs 21.32. The MGEL trading at 21.62, Down by Rs. -0.38, or -1.73 percent which suggests that most of the Traders are anticipating that the price of MGEL share should go Down and the Stop Loss will be around 22.09.

The market cap of Mangalam Global Enterprise Limited is ₹356.1 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Mangalam Global Enterprise Limited as of Nov 22, 2024 is 27.29.

The current price to book ratio for Mangalam Global Enterprise Limited as of Nov 22, 2024 is 2.03.

The highest price of Mangalam Global Enterprise Limited stock is ₹32 in the last 52-week.

The lowest price of Mangalam Global Enterprise Limited stock is ₹15.9 in the last 52-week.

Mangalam Global Enterprise Limited share trading at ₹21.62, Down by Rs. -0.38, or -1.73 percent which suggests that most of the traders are anticipating that the price of MGEL share should go Down.

In 2023, Stock price target for Mangalam Global Enterprise Limited (MGEL) are ₹16.7 on downside and ₹25.4 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 ₹25.4 on downside and ₹34.3 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 ₹34.3 on downside and ₹36.7 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 ₹40 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.

The price of Mangalam Global Enterprise Limited (MGEL) shares moved by -1.73%. The short-term trend for MGEL share price is Down. It implies that the share price of MGEL will stay the same tomorrow and that intraday traders should treat VWAP at 22.09 as a stop loss. Investors with a long-term outlook can track MGEL long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of MGEL stock is 18.3. Compared to the current market price of 21.62 INR, the MGEL stock is Overvalued by 15.4%.

As per the fundamental analysis of Mangalam Global Enterprise Limited (MGEL), it is of Standard quality in terms of earnings and profit margins with an EPS of 1.53. Mangalam Global Enterprise Limited book value per share as of today is 10.65. The current price to book ratio for MGEL as of Nov 23, 2024 is 2.03.


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 21.62 1.53 10.65
USASEEDS 231.00 0 65.06
NIRMAN 394.75 22.39 107.76
Updated at: 22 Nov 2024 15:59

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