Mahanagar Gas Ltd.
Share Price Target & Analysis

NSE:MGL

1188.35

VWAP

1172.6

Open

1181.2

Close

1199.8

High

1168.3

Low

1586.9

52 Week High

1188.30 ⇧
7.10 (0.6%)

MGL

(OIL & GAS)
29.9% Momentum

Turnaround Potential

1018.6

52 Week Low

100.76

EPS

19.93

PE

1.89

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 1188.30, this results in a dividend yield of 2.52 %.

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 100.76. NSE:MGL book value per share as of today is 628.98. The current price to book ratio for MGL as of Mar 06, 2026 is 1.89.

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 43.28% is very crucial parameter which shows that 43.28% investors are anticipating that the price of MGL share should go up with VWAP at 1188.35.

Now, the main question is whether to BUY or SELL, NSE:MGL at current valuation.
As per latest Analysis No. #3338:-

⇑ 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 (Mar 06, 2026)

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

Mahanagar Gas Ltd. share price moved Up by 0.6% from its previous close of Rs 1181.2. MGL stock last traded price is 1188.30. MGL share price trend is Up with a total of 71736 stocks traded till now. It has touched an intraday high of Rs 1199.8 and an intraday low of Rs 1168.3. The MGL trading at 1188.30, Up by Rs. 7.10, or 0.6 percent which suggests that most of the Traders are anticipating that the price of MGL share should go Up.

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 Up by 0.6%. MGL share price short term trend is Up. It suggests that MGL Share Price for Tomorrow remains the same with VWAP at 1188.35 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

 1188.30

MGL Share Price Target Prediction for 2026 ^

 1067.9 - 1382.6

MGL Share Price Target Prediction for 2027*^

 1382.6 - 1698.9

MGL Share Price Target Prediction for 2028*^

 1698.9 - 1817.8

MGL Share Price Target Prediction for 2029*^

 1909

MGL Share Price Target Prediction for 2030*^

 1963

MGL Share Price Target Prediction for 2035*^

 2140
MGL Current Book Value 2025
625.8

*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: @1486.2

MGL Moving Averages

BUY (11) NEUTRAL (0) SELL (3)
MA Simple Action S1 Expo Action E2
MA_5 1502.44 SELL 1495.05 SELL
MA_12 1496.22 SELL 1484.82 BUY
MA_20 1464.93 BUY 1467.32 BUY
MA_32 1417.79 BUY 1439.41 BUY
MA_50 1405.61 BUY 1417.89 BUY
MA_100 1367.96 BUY 1392.97 BUY
MA_200 1386.58 BUY 1391.15 BUY

MGL Trend Oscillators

BUY (2) NEUTRAL (1) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 1464.93 Uptrend
MACD -1.92 SELL
ADX 24.75 NO or Weak Trend
DMI (+/-) 30 / 18.47 Uptrend

MGL Momentum Oscillators

BUY (3) NEUTRAL (5) SELL (4)
Momentum Oscillators Value Action
RSI 56.65 Neutral
STOCHASTIC_K (Fast) 21.32 Neutral
STOCHASTIC_D (Slow) 13.97 Oversold
CCI -11.82 Neutral
PSAR 1584.35 SELL
TRUE RANGE 25.7 BUY
ATR 41.37 BUY
WILLIAMS R -56.45 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 4.97 Oversold
STOCHASTIC RSI D 1.66 Oversold
MOMENTUM 115.7 BUY

MGL Last 1 Year Trend

Duration Value
1 Year -10.7%
3 Months 13.86%
1 Month 8.44%
1 Week -3.64%

MGL Technical Analysis Summary

Updated on 2025-07-11
Action Overall (%)
BUY 53%
NEUTRAL / HOLD 20%
SELL 27%

Most popular Questions & Answers about MGL


Mahanagar Gas Ltd. stock last traded price is 1188.30. MGL share price moved Up by 0.6% from its previous close of Rs 1181.2.

Mahanagar Gas Ltd. share price trend is Up with a total of 71736 stocks traded till now. It has touched an intraday high of Rs 1602.769 and an intraday low of Rs 1168.3. The MGL trading at 1188.30, Up by Rs. 7.10, or 0.6 percent which suggests that most of the Traders are anticipating that the price of MGL share should go Up and the Stop Loss will be around 1188.35.

The market cap of Mahanagar Gas Ltd. is ₹7989.6 (in Cr) as of Mar 05, 2026.

The current price to earning ratio for Mahanagar Gas Ltd. as of Mar 05, 2026 is 19.93.

The current price to book ratio for Mahanagar Gas Ltd. as of Mar 05, 2026 is 1.89.

The highest price of Mahanagar Gas Ltd. stock is ₹1586.9 in the last 52-week.

The lowest price of Mahanagar Gas Ltd. stock is ₹1018.6 in the last 52-week.

Mahanagar Gas Ltd. share trading at ₹1188.30, Up by Rs. 7.10, or 0.6 percent which suggests that most of the traders are anticipating that the price of MGL share should go Up.

In 2025, Stock price target for Mahanagar Gas Ltd. (MGL) are ₹1067.9 on downside and ₹1382.6 on upside. Mahanagar Gas Ltd. share price target is based on current financial year earings of the company.

In 2026, Stock price target for Mahanagar Gas Ltd. (MGL) are ₹1382.6 on downside and ₹1698.9 on upside. Mahanagar Gas Ltd. share price target is based on forecasted future earnings of the company.

In 2027, Stock price target for Mahanagar Gas Ltd. (MGL) are ₹1698.9 on downside and ₹1817.8 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 ₹1963 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 0.6%. The short-term trend for MGL share price is Up. It implies that the share price of MGL will stay the same tomorrow and that intraday traders should treat VWAP at 1188.35 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 1208.1. Compared to the current market price of 1188.30 INR, the MGL stock is Undervalued by 1.6%.

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 100.76. Mahanagar Gas Ltd. book value per share as of today is 628.98. The current price to book ratio for MGL as of Mar 06, 2026 is 1.89.


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 1467.20 35.21 412.71
IOC 176.47 23.15 132.9
BPCL 383.40 53.76 211.45
HINDPETRO 462.00 73.45 244.14
MGL 1188.30 100.76 628.98
CHENNPETRO 924.05 141.84 574.42
GANDHAR 158.12 10.7 125.29
IRMENERGY 258.79 11.74 233.77
Updated at: 10 Feb 2026 09:32

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