Mahanagar Gas Ltd.
Share Price Target & Analysis

NSE:MGL

1075.25

VWAP

1065

Open

1067.4

Close

1082.9

High

1064.5

Low

1435.9

52 Week High

1077.00
9.60 (0.9%)

MGL

(OIL & GAS)
33% Momentum

Turnaround Potential

900

52 Week Low

86.21

EPS

21.74

PE

1.65

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 1077.00, this results in a dividend yield of 2.79 %.

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 86.21. NSE:MGL book value per share as of today is 651.39. The current price to book ratio for MGL as of Jul 27, 2026 is 1.65.

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 53.06% is very crucial parameter which shows that 53.06% investors are anticipating that the price of MGL share should go up with VWAP at 1075.25.

Now, the main question is whether to BUY or SELL, NSE:MGL at current valuation.
As per latest Analysis No. #3684:-

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 (Jul 27, 2026)

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

Mahanagar Gas Ltd. share price moved Up by 0.9% from its previous close of Rs 1067.4. MGL stock last traded price is 1077.00. MGL share price trend is Up with a total of 87746 stocks traded till now. It has touched an intraday high of Rs 1082.9 and an intraday low of Rs 1064.5. The MGL trading at 1077.00, Up by Rs. 9.60, or 0.9 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 0.9%. MGL share price short term trend is Up. It suggests that MGL Share Price for Tomorrow remains the same with VWAP at 1075.25 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

1077.00

MGL Share Price Target Prediction for 2026 ^

943.6 - 1239.7

MGL Share Price Target Prediction for 2027*^

1239.7 - 1537.3

MGL Share Price Target Prediction for 2028*^

1537.3 - 1644.9

MGL Share Price Target Prediction for 2029*^

1727

MGL Share Price Target Prediction for 2030*^

1777

MGL Share Price Target Prediction for 2035*^

1936
MGL Current Book Value 2025
648.1

*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: @1126.3

MGL Moving Averages

BUY (6) NEUTRAL (0) SELL (8)
MA Simple Action S1 Expo Action E2
MA_5 1120.5 BUY 1124.66 BUY
MA_12 1149.48 SELL 1137.98 SELL
MA_20 1161.85 SELL 1138.85 SELL
MA_32 1127.79 SELL 1131.75 SELL
MA_50 1120.7 BUY 1123.47 BUY
MA_100 1090.25 BUY 1117.41 BUY
MA_200 1142.51 SELL 1159.78 SELL

MGL Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 1161.85 Downtrend
MACD -9.31 SELL
ADX 17.18 NO or Weak Trend
DMI (+/-) 19.13 / 24.69 Downtrend

MGL Momentum Oscillators

BUY (4) NEUTRAL (7) SELL (1)
Momentum Oscillators Value Action
RSI 48.14 Neutral
STOCHASTIC_K (Fast) 63.41 Neutral
STOCHASTIC_D (Slow) 41.79 Neutral
CCI -67.81 Neutral
PSAR 1202.63 SELL
TRUE RANGE 10.3 BUY
ATR 34.58 BUY
WILLIAMS R -74.16 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 94.53 Overbought
STOCHASTIC RSI D 59.65 Neutral
MOMENTUM 45.8 BUY

MGL Last 1 Year Trend

Duration Value
1 Year -25.31%
3 Months 17.26%
1 Month 4.24%
1 Week -0.2%

MGL Technical Analysis Summary

Updated on 2026-07-10
Action Overall (%)
BUY 33%
NEUTRAL / HOLD 27%
SELL 40%

Most popular Questions & Answers about MGL


Mahanagar Gas Ltd. stock last traded price is 1077.00. MGL share price moved Up by 0.9% from its previous close of Rs 1067.4.

Mahanagar Gas Ltd. share price trend is Up with a total of 87746 stocks traded till now. It has touched an intraday high of Rs 1450.259 and an intraday low of Rs 1064.5. The MGL trading at 1077.00, Up by Rs. 9.60, or 0.9 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 1075.25.

The market cap of Mahanagar Gas Ltd. is ₹7989.6 (in Cr) as of Jul 26, 2026.

The current price to earning ratio for Mahanagar Gas Ltd. as of Jul 26, 2026 is 21.74.

The current price to book ratio for Mahanagar Gas Ltd. as of Jul 26, 2026 is 1.65.

The highest price of Mahanagar Gas Ltd. stock is ₹1435.9 in the last 52-week.

The lowest price of Mahanagar Gas Ltd. stock is ₹900 in the last 52-week.

Mahanagar Gas Ltd. share trading at ₹1077.00, Up by Rs. 9.60, or 0.9 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 ₹943.6 on downside and ₹1239.7 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 ₹1239.7 on downside and ₹1537.3 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 ₹1537.3 on downside and ₹1644.9 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 ₹1777 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 0.9%. 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 1075.25 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 1033.7. Compared to the current market price of 1077.00 INR, the MGL stock is Overvalued by 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 86.21. Mahanagar Gas Ltd. book value per share as of today is 651.39. The current price to book ratio for MGL as of Jul 27, 2026 is 1.65.


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 1283.50 28.98 418.43
IOC 138.47 26.06 145.1
BPCL 310.15 30.46 219.66
HINDPETRO 381.10 6.01 281.26
MGL 1077.00 86.21 651.39
CHENNPETRO 1214.80 205.62 725.26
GANDHAR 282.46 29.73 132.85
IRMENERGY 254.55 13.86 240.64
Updated at: 24 Jul 2026 15:42

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