MGLmgl reallys looks good for next week buyers holding price 1300 is resistance friday candle volume is also good above 1300 there is no stopping for mgl
Next report date
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Report period
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EPS estimate
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Revenue estimate
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115.60 INR
12.76 B INR
62.90 B INR
55.80 M
About MAHANAGAR GAS LTD.
Sector
Industry
CEO
Ashu Shinghal
Website
Headquarters
Mumbai
Founded
1995
ISIN
INE002S01010
FIGI
BBG00BGKKR83
Mahanagar Gas Ltd. engages in the sale and distribution of natural gas. Its businesses include Domestic PNG, Commercial PNG, CNG, Industrial PNG, and Gas Geysers. The company was founded on May 8, 1995, and is headquartered in Mumbai, India.
MGL LONGMGL Bank- Set ups
MTF Analysis
MGL BankYearly Demand Beakout 1377
MGL Bank 6 Month Demand Breakout 1231
MGL BankQtrly Demand 1378
MGL BankMonthly Demand 1378
MGL BankWeekly Demand 1529
MGL BankWeekly Demand BUFL 1580
ENTRY -1 1580
SL 1541
RISK 39
Taget as per Entry 2368
Points to Ga
MGL LongMGL daily demand 1769
MGL Stop loss 1700
Target 1975
All trend up- price is in consolidation range
MGL Bullish buy side Mahanagar Gas Limited (MGL) is exhibiting a bullish trend on the weekly chart, indicating a positive market sentiment and potential upward movement in its stock price. This bullish outlook suggests that investors are optimistic about the company's future performance, possibly due to favorable market
MAHANAGAR GAS LTD S/R Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (re
MGL Next Week Downside Target 1680MGL may see a downside trend next week, with the stock moving downwards with lower low formations on the daily chart frame. The stock is also down by 50% on the RSI indicator. The stock is also seen in a downtrend on our golden moving average, with a small stop loss that could lead to selling in the
MGL Breakout CandidateMGL has recently showed good movement. With budget around the corner and possibility of tax cuts and recent boost to CNG bikes, this scrip looks promising. Keep it in watchlist. Trade if it breaks the upper resistance with first target of 1840-1850. Trail stoploss as per your risk appetite.
This i
MGL BO This stock made a good consolidation
BO and restest has been done
Bo trend continues and 25% upside can be seen
Technically good and above imp EMAs
Review and plan for 11th July 2024 Nifty future and banknifty future analysis and intraday plan in kannada.
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of MGL is 1,231.85 INR — it has decreased by −0.54% in the past 24 hours. Watch MAHANAGAR GAS LIMITED stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange MAHANAGAR GAS LIMITED stocks are traded under the ticker MGL.
MGL stock has risen by 0.82% compared to the previous week, the month change is a 3.48% rise, over the last year MAHANAGAR GAS LIMITED has showed a 2.67% increase.
We've gathered analysts' opinions on MAHANAGAR GAS LIMITED future price: according to them, MGL price has a max estimate of 2,200.00 INR and a min estimate of 1,000.00 INR. Watch MGL chart and read a more detailed MAHANAGAR GAS LIMITED stock forecast: see what analysts think of MAHANAGAR GAS LIMITED and suggest that you do with its stocks.
MGL stock is 1.28% volatile and has beta coefficient of 1.24. Track MAHANAGAR GAS LIMITED stock price on the chart and check out the list of the most volatile stocks — is MAHANAGAR GAS LIMITED there?
Today MAHANAGAR GAS LIMITED has the market capitalization of 123.16 B, it has increased by 0.63% over the last week.
Yes, you can track MAHANAGAR GAS LIMITED financials in yearly and quarterly reports right on TradingView.
MAHANAGAR GAS LIMITED is going to release the next earnings report on Feb 11, 2025. Keep track of upcoming events with our Earnings Calendar.
MGL earnings for the last quarter are 28.60 INR per share, whereas the estimation was 28.80 INR resulting in a −0.70% surprise. The estimated earnings for the next quarter are 27.89 INR per share. See more details about MAHANAGAR GAS LIMITED earnings.
MAHANAGAR GAS LIMITED revenue for the last quarter amounts to 17.12 B INR, despite the estimated figure of 16.53 B INR. In the next quarter, revenue is expected to reach 16.78 B INR.
MGL net income for the last quarter is 2.84 B INR, while the quarter before that showed 2.89 B INR of net income which accounts for −1.82% change. Track more MAHANAGAR GAS LIMITED financial stats to get the full picture.
MAHANAGAR GAS LIMITED dividend yield was 2.20% in 2023, and payout ratio reached 23.22%. The year before the numbers were 2.64% and 32.51% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Dec 27, 2024, the company has 2.23 K employees. See our rating of the largest employees — is MAHANAGAR GAS LIMITED on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. MAHANAGAR GAS LIMITED EBITDA is 16.94 B INR, and current EBITDA margin is 29.71%. See more stats in MAHANAGAR GAS LIMITED financial statements.
Like other stocks, MGL shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade MAHANAGAR GAS LIMITED stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So MAHANAGAR GAS LIMITED technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating MAHANAGAR GAS LIMITED stock shows the neutral signal. See more of MAHANAGAR GAS LIMITED technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.