NIFTY 23165.70 BANK 50827.50

Mahanagar Gas Ltd.
Share Price Target & Analysis

NSE:MGL

1386.04

VWAP

1377.8

Open

1386.95

Close

1407

High

1368.05

Low

1988

52 Week High

1385.80 ⇩
-1.15 (-0.08%)

MGL

(OIL & GAS)
34% Momentum

Turnaround Potential

1075.25

52 Week Low

107.08

EPS

20.9

PE

2.47

PB

Standard
Quality

Steel
Valuation

#Analysis

NSE: MGL Share Price Financial Analysis & Valuation

Mahanagar Gas Ltd. (MGL) is broadly categorized in OIL & GAS segment industry which deals in Refineries vertical. It is one of Mid Cap company with Market Capitalization of Rs 7989.6 (in Cr). Total number of free float shares are 9.9 (in Lacs). Mahanagar Gas Ltd. is listed on NSE with Exchange ID - INE002S01010 and trading code is NSE:MGL with short name Mahanagar Gas.

Mahanagar Gas Ltd. is also traded in Future & Options (Derivative segment of NSE).

Mahanagar Gas Ltd. is a high yielding company listed on NSE while meeting growth and stability requirements. MGL is also listed in Top 50 NIFTY Dividend Opportunities Company List.

In the past 1 year, Mahanagar Gas Ltd. has declared an equity dividend of Rs 30 per share. At the current share price of MGL at Rs 1385.80, this results in a dividend yield of 2.16 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:MGL, it is clearly understood that MGL is Standard performer in terms of earnings and profit margins with an EPS of 107.08. NSE:MGL book value per share as of today is 560.23. The current price to book ratio for MGL as of Apr 02, 2025 is 2.47.

Valuation of the Stock: The current valuation of MGL stock is like Steel which means currently the stock is Moderately Priced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of MGL whether to BUY this stock at current valuation. The delivery percentage of MGL is 34.81% is very crucial parameter which shows that 34.81% investors are anticipating that the price of MGL share should go up with VWAP at 1386.04.

Now, the main question is whether to BUY or SELL, NSE:MGL at current valuation.
As per latest Analysis No. #2208:-

⇑ STRONG BUY MGL if All Greens

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

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

⇘ SELL MGL if NO Green Indicator

NSE: MGL Share Price Today (Apr 02, 2025)

(Mahanagar Gas Ltd. Daily Analysis on the basis of MGL Intraday Graph & Trend)

Mahanagar Gas Ltd. share price moved Down by -0.08% from its previous close of Rs 1386.95. MGL stock last traded price is 1385.80. MGL share price trend is Down with a total of 331509 stocks traded till now. It has touched an intraday high of Rs 1407 and an intraday low of Rs 1368.05. The MGL trading at 1385.80, Down by Rs. -1.15, or -0.08 percent which suggests that most of the Traders are anticipating that the price of MGL share should go Down.

NSE: MGL Share Price Tomorrow Prediction

(Mahanagar Gas Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of MGL)

Mahanagar Gas Ltd. share price moved Down by -0.08%. MGL share price short term trend is Down. It suggests that MGL Share Price for Tomorrow remains the same with VWAP at 1386.04 will be treated as stop loss for intraday traders. Mahanagar Gas Ltd. Long term investors can follow the MGL long term trend as mentiond in future forecast table.

NSE Code

NSE: MGL

MGL Share Price Today

 1385.80

MGL Share Price Target Prediction for 2025 ^

 1127.3 - 1626.8

MGL Share Price Target Prediction for 2026*^

 1626.8 - 2128.4

MGL Share Price Target Prediction for 2027*^

 2128.4 - 2277.4

MGL Share Price Target Prediction for 2028*^

 2391

MGL Share Price Target Prediction for 2029*^

 2460

MGL Share Price Target Prediction for 2030*^

 2681
MGL Current Book Value 2024
557.4

*Mahanagar Gas Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^MGL share price target prediction for 2025 2026 2027 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

MGL Technical Analysis

Candlestick Pattern: @1317

MGL Moving Averages

BUY (8) NEUTRAL (0) SELL (6)
MA Simple Action S1 Expo Action E2
MA_5 1317.81 SELL 1317.01 SELL
MA_12 1310.47 BUY 1311.53 BUY
MA_20 1318.26 SELL 1309.28 BUY
MA_32 1303.5 BUY 1306.64 BUY
MA_50 1288.6 BUY 1314.99 BUY
MA_100 1307.09 BUY 1359.75 SELL
MA_200 1512.44 SELL 1413.68 SELL

MGL Trend Oscillators

BUY (1) NEUTRAL (1) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 1318.26 Downtrend
MACD 0.15 BUY
ADX 15.36 NO or Weak Trend
DMI (+/-) 19.31 / 23.44 Downtrend

MGL Momentum Oscillators

BUY (3) NEUTRAL (7) SELL (2)
Momentum Oscillators Value Action
RSI 51.59 Neutral
STOCHASTIC_K (Fast) 60.22 Neutral
STOCHASTIC_D (Slow) 80.71 Overbought
CCI 3.16 Neutral
PSAR 1214.88 BUY
TRUE RANGE 37.55 SELL
ATR 50.75 SELL
WILLIAMS R -34.77 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 40.34 Neutral
STOCHASTIC RSI D 75.47 Neutral
MOMENTUM 58.7 BUY

MGL Last 1 Year Trend

Duration Value
1 Year -14.11%
3 Months 10.91%
1 Month 4.67%
1 Week 3.1%

MGL Technical Analysis Summary

Updated on 2025-02-24
Action Overall (%)
BUY 40%
NEUTRAL / HOLD 27%
SELL 33%

Most popular Questions & Answers about MGL


Mahanagar Gas Ltd. stock last traded price is 1385.80. MGL share price moved Down by -0.08% from its previous close of Rs 1386.95.

Mahanagar Gas Ltd. share price trend is Down with a total of 331509 stocks traded till now. It has touched an intraday high of Rs 2007.88 and an intraday low of Rs 1368.05. The MGL trading at 1385.80, Down by Rs. -1.15, or -0.08 percent which suggests that most of the Traders are anticipating that the price of MGL share should go Down and the Stop Loss will be around 1386.04.

The market cap of Mahanagar Gas Ltd. is ₹7989.6 (in Cr) as of Apr 01, 2025.

The current price to earning ratio for Mahanagar Gas Ltd. as of Apr 01, 2025 is 20.9.

The current price to book ratio for Mahanagar Gas Ltd. as of Apr 01, 2025 is 2.47.

The highest price of Mahanagar Gas Ltd. stock is ₹1988 in the last 52-week.

The lowest price of Mahanagar Gas Ltd. stock is ₹1075.25 in the last 52-week.

Mahanagar Gas Ltd. share trading at ₹1385.80, Down by Rs. -1.15, or -0.08 percent which suggests that most of the traders are anticipating that the price of MGL share should go Down.

In 2023, Stock price target for Mahanagar Gas Ltd. (MGL) are ₹1127.3 on downside and ₹1626.8 on upside. Mahanagar Gas Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Mahanagar Gas Ltd. (MGL) are ₹1626.8 on downside and ₹2128.4 on upside. Mahanagar Gas Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Mahanagar Gas Ltd. (MGL) are ₹2128.4 on downside and ₹2277.4 on upside. Mahanagar Gas Ltd. 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 Mahanagar Gas Ltd. (MGL) will be around ₹2460 Mahanagar Gas Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of MGL.

The price of Mahanagar Gas Ltd. (MGL) shares moved by -0.08%. The short-term trend for MGL share price is Down. It implies that the share price of MGL will stay the same tomorrow and that intraday traders should treat VWAP at 1386.04 as a stop loss. Investors with a long-term outlook can track MGL long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of MGL stock is 1283.9. Compared to the current market price of 1385.80 INR, the MGL stock is Overvalued by 7.4%.

As per the fundamental analysis of Mahanagar Gas Ltd. (MGL), it is of Standard quality in terms of earnings and profit margins with an EPS of 107.08. Mahanagar Gas Ltd. book value per share as of today is 560.23. The current price to book ratio for MGL as of Apr 02, 2025 is 2.47.


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


Peer Comparison of NSE: MGL

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

Sector: Refineries

Company Price EPS BV
RELIANCE 1254.00 26.11 387.45
IOC 131.45 7.46 123.66
BPCL 285.70 32.93 175.89
HINDPETRO 361.70 32.2 189.02
MGL 1385.80 107.08 560.23
CHENNPETRO 599.95 22.56 502.28
GANDHAR 149.23 7.24 117.1
IRMENERGY 295.50 13.08 227.28
Updated at: 01 Apr 2025 15:31

Feel free to contact us, in case of any queries.

SITEMAP 2064
Disclaimer: Published information or data available on the Website may not be current or up to date and also any information or data available on this website may contain inaccuracies and/or typographical errors. Kindly refer any reliable source for its accuracy. If you select any of these stocks for your trades, you do so at your own risk.

Stocks to Watch Today

ADANIENT 2340.00 24.20 (1.04%) | ADANIGREEN 923.00 -25.65 (-2.7%) | ADANIPORTS 1176.50 -6.45 (-0.55%) | ADANITRANS 1010.05 -18.55 (-1.8%) | AMBUJACEM 530.00 -8.35 (-1.55%) | APOLLOHOSP 6632.30 16.10 (0.24%) | ASIANPAINT 2316.70 -23.95 (-1.02%) | ATGL 593.70 -8.90 (-1.48%) | AUROPHARMA 1134.15 -26.35 (-2.27%) | AXISBANK 1085.20 -16.80 (-1.52%) | BAJAJ-AUTO 7975.00 96.15 (1.22%) | BAJAJFINSV 1941.90 -65.45 (-3.26%) | BAJFINANCE 8719.35 -226.25 (-2.53%) | BALKRISIND 2523.55 -31.25 (-1.22%) | BANDHANBNK 149.55 3.27 (2.24%) | BANKBARODA 228.58 0.05 (0.02%) | BEL 292.00 -9.32 (-3.09%) | BERGEPAINT 494.00 -6.20 (-1.24%) | BHARTIARTL 1723.60 -9.80 (-0.57%) | BIOCON 339.10 -2.60 (-0.76%) | BOSCHLTD 27884.10 -474.35 (-1.67%) | BPCL 285.70 7.23 (2.6%) | BRITANNIA 4905.70 -31.20 (-0.63%) | CADILAHC 1100.00 -15.15 (-1.36%) | CIPLA 1447.00 4.80 (0.33%) | COALINDIA 398.00 -0.20 (-0.05%) | COLPAL 2350.00 -39.80 (-1.67%) | DABUR 497.60 -8.90 (-1.76%) | DIVISLAB 5545.00 -230.45 (-3.99%) | DLF 662.50 -18.00 (-2.65%) | DMART 4016.00 -67.20 (-1.65%) | DRREDDY 1150.00 5.80 (0.51%) | EICHERMOT 5301.15 -46.55 (-0.87%) | GAIL 186.15 3.11 (1.7%) | GLAND 1554.00 -38.40 (-2.41%) | GODREJCP 1146.80 -12.45 (-1.07%) | GRASIM 2612.05 0.90 (0.03%) | GUJGASLTD 409.80 -2.55 (-0.62%) | HAVELLS 1500.00 -28.90 (-1.89%) | HCLTECH 1534.50 -58.00 (-3.64%) | HDFC 2724.30 0.00 (0%) | HDFCAMC 3980.00 -33.90 (-0.84%) | HDFCBANK 1769.90 -58.30 (-3.19%) | HDFCLIFE 693.00 7.30 (1.06%) | HEROMOTOCO 3762.05 39.10 (1.05%) | HINDALCO 663.50 -18.95 (-2.78%) | HINDUNILVR 2237.00 -21.85 (-0.97%) | HINDZINC 453.55 -8.35 (-1.81%) | ICICIBANK 1318.15 -30.20 (-2.24%) | ICICIGI 1796.00 3.15 (0.18%) | ICICIPRULI 571.10 6.75 (1.2%) | INDIGO 5036.00 -79.35 (-1.55%) | INDUSINDBK 682.70 32.85 (5.06%) | INDUSTOWER 352.25 17.95 (5.37%) | INFY 1530.20 -40.45 (-2.58%) | IOB 37.69 -1.28 (-3.28%) | IOC 131.45 3.75 (2.94%) | ITC 406.60 -3.15 (-0.77%) | JSWSTEEL 1060.00 -3.20 (-0.3%) | KOTAKBANK 2144.30 -26.90 (-1.24%) | LT 3438.30 -54.00 (-1.55%) | LTI 6149.30 78.10 (1.29%) | LUPIN 1955.40 -72.55 (-3.58%) | M&M 2640.00 -25.80 (-0.97%) | MARICO 650.00 -1.65 (-0.25%) | MARUTI 11455.25 -66.90 (-0.58%) | MCDOWELL-N 1485.00 -14.35 (-0.96%) | MOTHERSUMI 187.83 -5.36 (-2.77%) | MUTHOOTFIN 2328.00 -54.90 (-2.3%) | NAUKRI 6787.60 -393.80 (-5.48%) | NESTLEIND 2234.90 -15.85 (-0.7%) | NMDC 69.77 0.88 (1.28%) | NTPC 352.95 -4.65 (-1.3%) | ONGC 248.35 1.97 (0.8%) | PEL 989.05 1.20 (0.12%) | PIDILITIND 2829.45 -19.85 (-0.7%) | PIIND 3450.40 22.20 (0.65%) | PNB 96.49 0.36 (0.37%) | POWERGRID 289.10 -1.25 (-0.43%) | RELIANCE 1254.00 -21.10 (-1.65%) | SAIL 116.88 1.70 (1.48%) | SBICARD 860.00 -21.10 (-2.39%) | SBILIFE 1542.30 -5.55 (-0.36%) | SBIN 771.25 -0.25 (-0.03%) | SHREECEM 30081.00 -421.95 (-1.38%) | SIEMENS 5229.00 -46.35 (-0.88%) | SRF 2879.50 -59.65 (-2.03%) | SUNPHARMA 1698.30 -36.40 (-2.1%) | TATACONSUM 992.40 -9.50 (-0.95%) | TATAMOTORS 672.00 -2.45 (-0.36%) | TATAMTRDVR 768.65 33.35 (4.54%) | TATASTEEL 153.25 -0.99 (-0.64%) | TCS 3556.45 -49.70 (-1.38%) | TECHM 1396.50 -21.75 (-1.53%) | TITAN 2988.45 -74.90 (-2.45%) | TORNTPHARM 3180.90 -47.05 (-1.46%) | ULTRACEMCO 11386.80 -122.75 (-1.07%) | UPL 634.50 -1.75 (-0.28%) | VEDL 457.25 -6.15 (-1.33%) | WIPRO 262.25 0.00 (0%) |