MGL Share Price Target 2024 To 2030 Forecast

Key Takeaways from Forecasted Price for MGL from 2024 to 2030

• In 2024, Mahanagar Gas Ltd (MGL) is expected to experience strong growth, with an initial target of ₹2086.35. However, market volatility might lead to fluctuations mid-year, peaking at ₹2595.68.
• For Mahanagar Gas Ltd in 2025, a bullish trend might take the stock to a mid-year target of ₹2758. Followed by a steady climb to ₹3166.
• In 2026, a temporary decline in early months for Mahanagar Gas Ltd is possible. With a recovery expect by mid-year, aiming for ₹3156.
• Anticipating mixed trends for Mahanagar Gas Ltd in 2027. With rapid movements both upward and downward, yet maintaining an overall upward trajectory towards ₹4143.
• For 2028 and 2029, Mahanagar Gas Ltd is expected to show strong and steady growth. Potentially breaking past previous highs and setting new records.
• By 2030, the cumulative impact of market dynamics could lead Mahanagar Gas Ltd to a substantial year-end target. Surpassing previous expectations.

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MGL for Tomorrow

Last three days were negative and we can see a continuation bearish trend for tomorrow. This data is important as traders can make better swing trading entries for the upcoming year 2025 or even long-term targets up to 2030. MGL’s Share Price Target for 2024 is ₹2765.46, for 2025 is ₹3166, for 2026 is ₹3622, for 2027 is ₹4143, for 2028 is ₹4741, for 2029 is ₹5425, and by 2030 is expected to reach ₹6209.

MGL Share Price Target 2024

In 2023, the majority of Indian stocks, including MGL, saw an incredible bull run. The market’s optimistic outlook is expected to persist in the first quarter of 2024, despite the first months of consolidation. Technical analysis indicates that MGL’s minimum share price objective for 2024 is anticipated to be ₹2086.35, while the highest price target is anticipated to be ₹2765.46.

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Category: Stock Market

Key Points of MGL Share Price Forecast for 2024

• The predicted starting price objective for Mahanagar Gas Ltd in 2024 is ₹2086.35.
• The mid-year price prediction for Mahanagar Gas Ltd. might be ₹2510.79 in a positive environment.
• Taking into account positive market trends, Mahanagar Gas Ltd’s price objective by the end of 2024 is anticipated to possibly reach ₹2765.46.

MGL Share Price Target 2025

By January 2025, it is anticipated that the share price of MGL will have increased to Rs. 2821. We may witness the target price of Mahanagar Gas Ltd. reaching Rs 3166 by December 2025 if the macro and microeconomic elements, together with the industry trend, support it.

Key Points of MGL Share Price Forecast for 2025

• The initial price target for Mahanagar Gas Ltd in 2025 is project to be ₹2821.
• With favorable market conditions, the mid-year price target for Mahanagar Gas Ltd could reach ₹2652.
• By the end of 2025, the price target for Mahanagar Gas Ltd is expect to potentially reach ₹3166, considering bullish market trends.

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MGL Share Price Target 2026

Technical analysis indicates that MGL’s minimum target share price is anticipate to be Rs. 3229, and the maximum value that the company’s shares can achieve is Rs. 3622.

Key Points of MGL Share Price Forecast for 2026

• The initial price target for Mahanagar Gas Ltd in 2026 is project to be ₹3229.
• With favorable market conditions, the mid-year price target for Mahanagar Gas Ltd could reach ₹3035.
• By the end of 2026, the price target for Mahanagar Gas Ltd is expect to potentially reach ₹3622, considering bullish market trends.

MGL Share Price Target 2027

Based on Fibonacci estimates, Mahanagar Gas Ltd.’s (MGL) project price objective for the first half of 2027 is expect to range from ₹3694 to ₹3471. The share price of MGL might hit ₹4143 at its highest by the second half of 2027.

Key Points of MGL Share Price Forecast for 2027

• The initial price target for Mahanagar Gas Ltd in 2027 is project to be ₹3694.
• With favorable market conditions, the mid-year price target for Mahanagar Gas Ltd could reach ₹3471.
• By the end of 2027, the price target for Mahanagar Gas Ltd is expect to potentially reach ₹4143, considering bullish market trends.

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MGL Share Price Target 2028

Key Points of MGL Share Price Forecast for 2028

• The initial price target for Mahanagar Gas Ltd in 2028 is project to be ₹4226.
• With favorable market conditions, the mid-year price target for Mahanagar Gas Ltd could reach ₹3972.
• By the end of 2028, the price target for Mahanagar Gas Ltd is expect to potentially reach ₹4741, considering bullish market trends.

MGL Share Price Target 2029

Key Points of MGL Share Price Forecast for 2029

• For Mahanagar Gas Ltd., the initial price objective in 2029 is expect to be ₹4836.
• In a market where conditions are good, Mahanagar Gas Ltd.’s mid-year price estimate might rise to ₹4545.
• Based on positive market trends, Mahanagar Gas Ltd’s price goal could potentially reach ₹5425 by the end of 2029.

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MGL Share Price Target 2030

Key Points of MGL Share Price Forecast for 2030

• It is estimate that Mahanagar Gas Ltd.’s initial price objective in 2030 will be ₹5534.
• If the market conditions are good, Mahanagar Gas Ltd.’s mid-year price estimate might rise to ₹5202.
• Based on positive market trends, Mahanagar Gas Ltd’s price objective could potentially reach ₹6209 by the end of 2030.

Disclaimer

Stock forecasts and targets are simply meant to be educational tools; they might not be trustworthy for making financial decisions. Utilize this data at your own peril. This is not a stock purchase or sale proposal. The writers of browvopetshop.com disclaim any liability for any losses. This isn’t investment advice; before making any decisions, consult a professional. When investing, use prudence and good knowledge.

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