tiprankstipranks
Mahanagar Gas Ltd (IN:MGL)
:MGL
India Market
MGL
Mahanagar Gas Ltd
RESEARCH TOOLSreports
Want to see IN:MGL full AI Analyst Report?

Mahanagar Gas Ltd (MGL) Stock Forecast & Price Target

5 Followers
See the Price Targets and Ratings of:

MGL Analyst Ratings

Moderate Sell
2Ratings
Moderate Sell
0 Buy
1 Hold
1 Sell
Based on 2 analysts giving stock ratings to
Mahanagar
Gas Ltd
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

MGL Stock 12 Month Forecast

Average Price Target

₹1,000.00
▼(-13.29% Downside)
Based on 2 Wall Street analysts offering 12 month price targets for Mahanagar Gas Ltd in the last 3 months. The average price target is ₹1,000.00 with a high forecast of ₹1,020.00 and a low forecast of ₹980.00. The average price target represents a -13.29% change from the last price of ₹1,153.30.
{"navigator":{"disabled":true},"exporting":{"enabled":false},"title":{"text":null},"chart":{"height":200,"style":{"fontFamily":"Roboto Flex, -apple-system, BlinkMacSystemFont, Segoe UI, Roboto, Helvetica, Arial, sans-serif, Apple Color Emoji, Segoe UI Emoji, Segoe UI Symbol","fontWeight":"400","color":"#5d5d5e"},"spacingTop":30,"spacingRight":60,"events":null},"yAxis":{"labels":{"style":{"color":"inherit"},"distance":6,"x":-6,"y":-6,"zIndex":1,"map_label_formatter":{"942":"₹942","1199":"₹1,199","1456":"₹1,456","1070.5":"₹1,070.5","1327.5":"₹1,327.5"}},"plotLines":[{"color":"rgba(0,0,0,0)","value":1020,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":-10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-bottom flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#199ca5\">High </span>\n\n  <span style=\"color:#199ca5\">₹1.02K</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":1000,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":0,"text":"<div  class=\"positionrelative hoverZ3 triangleleft flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#828080\">Average </span>\n\n  <span style=\"color:#828080\">₹1.00K</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":980,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-top flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#912767\">Low </span>\n\n  <span style=\"color:#912767\">₹980.00</span>\n  </div></div>","useHTML":true}}],"tickPositions":[942,1070.5,1199,1327.5,1456],"lineColor":"#dddddd","gridLineWidth":1,"gridLineColor":"#dddddd","lineWidth":1,"title":{"text":""}},"plotOptions":{"series":{"states":{"inactive":{"opacity":1}}},"line":{"animation":{"duration":0},"dataLabels":{"allowOverlap":true},"borderWidth":1,"marker":{"enabled":true,"fillColor":"#FFFFFF","radius":3,"lineWidth":2,"symbol":"circle","lineColor":"#828080"}}},"xAxis":{"labels":{"style":{"color":"inherit"},"rotation":0,"map_label_formatter":{"3":"Aug<br/>2025","6":"Nov<br/>2025","9":"Feb<br/>2026","12":"May<br/>2026","25":"May<br/>2027"}},"tickPositions":[3,6,9,12,25],"plotLines":[{"color":"#dddddd","width":1,"value":12},{"color":"#dddddd","width":1,"value":12}],"lineWidth":0,"gridLineWidth":1,"gridLineColor":"#dddddd","tickLength":0},"legend":{"symbolRadius":0,"symbolPadding":4,"symbolHeight":14,"borderWidth":0,"symbolWidth":14,"align":"left","verticalAlign":"bottom","enabled":false},"tooltip":{"backgroundColor":"rgba(0,0,0,0)","useHTML":true,"borderWidth":0,"borderColor":"rgba(0,0,0,0)","padding":0,"shadow":null,"headerFormat":"","footerFormat":"","pointFormat":"<div class=\"flexccc lineHeight2 bgwhite shadow2 px3 py3 radiismall fonth10_semibold\">\n                <span class=\"colorgray-3 mb4\">{point.date:%b %d ,%Y}</span>\n                <span>Analyst Consensus</span>\n                {point.info}\n          </div>\n           </div>"},"credits":{"enabled":false},"accessibility":{"description":""},"responsive":{"rules":[{"chartOptions":{"chart":{"spacing":[0,0,0,0],"margin":[30,60,40,5]},"xAxis":{"tickPositions":[3,12,25.25]},"yAxis":{"labels":{"enabled":false}},"title":{"text":null},"subtitle":{"text":null}},"condition":{"maxWidth":500}}]},"series":[{"lineWidth":2,"dashStyle":"ShortDash","name":"High","type":"line","color":"#199ca5","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,1135.9,1126.9846153846154,1118.069230769231,1109.1538461538462,1100.2384615384617,1091.323076923077,1082.4076923076923,1073.4923076923078,1064.576923076923,1055.6615384615384,1046.746153846154,1037.8307692307692,1028.9153846153847,{"y":1020,"marker":{"fillColor":"#199ca5","lineColor":"#199ca5","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Average","type":"line","color":"#828080","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,1135.9,1125.446153846154,1114.9923076923078,1104.5384615384617,1094.0846153846155,1083.6307692307694,1073.1769230769232,1062.7230769230769,1052.2692307692307,1041.8153846153846,1031.3615384615384,1020.9076923076923,1010.4538461538461,{"y":1000,"marker":{"fillColor":"#828080","lineColor":"#828080","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Low","type":"line","color":"#912767","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,1135.9,1123.9076923076923,1111.9153846153847,1099.923076923077,1087.9307692307693,1075.9384615384615,1063.946153846154,1051.9538461538461,1039.9615384615386,1027.9692307692308,1015.9769230769231,1003.9846153846154,991.9923076923077,{"y":980,"marker":{"fillColor":"#912767","lineColor":"#912767","enabled":true,"symbol":"circle"}}]},{"type":"line","data":[{"y":1313.041,"date":1746057600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 4,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":1287.706,"date":1748736000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 7,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":1455.534,"date":1751328000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 9,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":1306.061,"date":1754006400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 6,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":1251.655,"date":1756684800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":1263.876,"date":1759276800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 1,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":1260.907,"date":1761955200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 1,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":1182.088,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 1,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":1116.628,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 1,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":1037.908,"date":1769904000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 4,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":1209.25,"date":1772323200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":943.05,"date":1775001600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Moderate Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":1135.9,"date":1777593600000,"info":" <span style=\"color:#912767\" class=\"mb3 mt2 fonth8_semibold\"> Strong Sell</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 0,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"fillColor":"black","lineColor":"black","enabled":true,"symbol":"circle"}},null,null,null,null,null,null,null,null,null,null,null,null],"color":"#0666a7"}]}
Highest Price Target₹1,020Average Price Target₹1,000.00Lowest Price Target₹980.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Jefferies Analyst forecast on IN:MGL
Bhaskar Chakraborty
Jefferies
Jefferies
₹900→₹1,020
Sell
-11.56%
Downside
Reiterated
05/08/26
Jefferies Sticks to Their Sell Rating for Mahanagar Gas Ltd (MGL)
J.P. Morgan Analyst forecast on IN:MGL
Sanjay Mookim
J.P. Morgan
J.P. Morgan
₹980
Hold
-15.03%
Downside
Reiterated
04/09/26
J.P. Morgan Keeps Their Hold Rating on Mahanagar Gas Ltd (MGL)
Axis Direct Analyst forecast on IN:MGL
Unknown Analyst
Axis Direct
Not Ranked
Axis Direct
₹1,540
Buy
33.53%
Upside
Reiterated
02/10/26
Axis Direct Sticks to Their Buy Rating for Mahanagar Gas Ltd (MGL)
Prabhudas Lilladher Analyst forecast on IN:MGL
Unknown Analyst
Prabhudas Lilladher
Not Ranked
Prabhudas Lilladher
₹1,305
Buy
13.15%
Upside
Reiterated
02/09/26
Mahanagar Gas Ltd (MGL) Receives a Buy from Prabhudas Lilladher
Motilal Oswal Analyst forecast on IN:MGL
Unknown Analyst
Motilal Oswal
Not Ranked
Motilal Oswal
₹1,535
Buy
33.10%
Upside
Reiterated
02/03/26
Motilal Oswal Sticks to Its Buy Rating for Mahanagar Gas Ltd (MGL)
ICICI Securities Analyst forecast on IN:MGL
Probal Sen
ICICI Securities
ICICI Securities
₹1,535
Buy
33.10%
Upside
Reiterated
12/10/25
Macquarie Analyst forecast on IN:MGL
Baiju Joshi
Macquarie
Macquarie
₹1,280
Buy
10.99%
Upside
Reiterated
09/29/25
Mahanagar Gas Ltd (MGL) Receives a Buy from Macquarie
Nomura Analyst forecast on IN:MGL
Bineet Banka
Nomura
Nomura
₹1,680→₹1,580
Buy
37.00%
Upside
Reiterated
07/25/25
Nomura Sticks to Their Buy Rating for Mahanagar Gas Ltd (MGL)
Citi Analyst forecast on IN:MGL
Saurabh Handa
Citi
Citi
₹1,700
Buy
47.40%
Upside
Reiterated
06/29/25
Citi Sticks to Their Buy Rating for Mahanagar Gas Ltd (MGL)
UBS Analyst forecast on IN:MGL
Rwibhu Aon
UBS
UBS
₹1,650
Buy
43.07%
Upside
Reiterated
06/27/25
UBS Sticks to Their Buy Rating for Mahanagar Gas Ltd (MGL)
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Jefferies Analyst forecast on IN:MGL
Bhaskar Chakraborty
Jefferies
Jefferies
₹900→₹1,020
Sell
-11.56%
Downside
Reiterated
05/08/26
Jefferies Sticks to Their Sell Rating for Mahanagar Gas Ltd (MGL)
J.P. Morgan Analyst forecast on IN:MGL
Sanjay Mookim
J.P. Morgan
J.P. Morgan
₹980
Hold
-15.03%
Downside
Reiterated
04/09/26
J.P. Morgan Keeps Their Hold Rating on Mahanagar Gas Ltd (MGL)
Axis Direct Analyst forecast on IN:MGL
Unknown Analyst
Axis Direct
Not Ranked
Axis Direct
₹1,540
Buy
33.53%
Upside
Reiterated
02/10/26
Axis Direct Sticks to Their Buy Rating for Mahanagar Gas Ltd (MGL)
Prabhudas Lilladher Analyst forecast on IN:MGL
Unknown Analyst
Prabhudas Lilladher
Not Ranked
Prabhudas Lilladher
₹1,305
Buy
13.15%
Upside
Reiterated
02/09/26
Mahanagar Gas Ltd (MGL) Receives a Buy from Prabhudas Lilladher
Motilal Oswal Analyst forecast on IN:MGL
Unknown Analyst
Motilal Oswal
Not Ranked
Motilal Oswal
₹1,535
Buy
33.10%
Upside
Reiterated
02/03/26
Motilal Oswal Sticks to Its Buy Rating for Mahanagar Gas Ltd (MGL)
ICICI Securities Analyst forecast on IN:MGL
Probal Sen
ICICI Securities
ICICI Securities
₹1,535
Buy
33.10%
Upside
Reiterated
12/10/25
Macquarie Analyst forecast on IN:MGL
Baiju Joshi
Macquarie
Macquarie
₹1,280
Buy
10.99%
Upside
Reiterated
09/29/25
Mahanagar Gas Ltd (MGL) Receives a Buy from Macquarie
Nomura Analyst forecast on IN:MGL
Bineet Banka
Nomura
Nomura
₹1,680→₹1,580
Buy
37.00%
Upside
Reiterated
07/25/25
Nomura Sticks to Their Buy Rating for Mahanagar Gas Ltd (MGL)
Citi Analyst forecast on IN:MGL
Saurabh Handa
Citi
Citi
₹1,700
Buy
47.40%
Upside
Reiterated
06/29/25
Citi Sticks to Their Buy Rating for Mahanagar Gas Ltd (MGL)
UBS Analyst forecast on IN:MGL
Rwibhu Aon
UBS
UBS
₹1,650
Buy
43.07%
Upside
Reiterated
06/27/25
UBS Sticks to Their Buy Rating for Mahanagar Gas Ltd (MGL)
Stocks with the Highest Top Analyst Consensus in the Utilities Sector
VSTVistra Corp
TACTransAlta
BIPBrookfield Infrastructure
SWXSouthwest Gas
CEGConstellation Energy Corporation
Find stocks in the Utilities sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering Mahanagar Gas Ltd

3 Months
Bhaskar ChakrabortyJefferies
Success Rate
3/7 ratings generated profit
43%
Average Return
+0.36%
Copying Bhaskar Chakraborty's trades and holding each position for 3 Months would result in 42.86% of your transactions generating a profit, with an average return of +0.36% per trade.
1 Year
Bhaskar ChakrabortyJefferies
Success Rate
6/7 ratings generated profit
86%
Average Return
+11.36%
Copying Bhaskar Chakraborty's trades and holding each position for 1 Year would result in 85.71% of your transactions generating a profit, with an average return of +11.36% per trade.
2 Years
Bhaskar ChakrabortyJefferies
Success Rate
6/7 ratings generated profit
86%
Average Return
+11.86%
Copying Bhaskar Chakraborty's trades and holding each position for 2 Years would result in 85.71% of your transactions generating a profit, with an average return of +11.86% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

MGL Analyst Recommendation Trends

Rating
Jan 26
Feb 26
Mar 26
Apr 26
May 26
Strong Buy
0
0
0
0
0
Buy
1
4
3
3
0
Hold
0
1
1
2
1
Sell
0
1
1
2
2
Strong Sell
0
0
0
0
0
total
1
6
5
7
3
In the current month, MGL has received 0 Buy Ratings, 1 Hold Ratings, and 2 Sell Ratings. MGL average Analyst price target in the past 3 months is 1,000.00.
Each month's total comprises the sum of three months' worth of ratings.

MGL Financial Forecast

MGL Earnings Forecast

Next quarter’s earnings estimate for MGL is ₹18.09 with a range of ₹14.00 to ₹21.47. The previous quarter’s EPS was ₹13.40. MGL beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 45.45% of the time in the same period. In the last calendar year MGL has Performed in-line its overall industry.
Next quarter’s earnings estimate for MGL is ₹18.09 with a range of ₹14.00 to ₹21.47. The previous quarter’s EPS was ₹13.40. MGL beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 45.45% of the time in the same period. In the last calendar year MGL has Performed in-line its overall industry.

MGL Sales Forecast

Next quarter’s sales forecast for MGL is ₹21.81B with a range of ₹21.61B to ₹22.00B. The previous quarter’s sales results were ₹20.52B. MGL beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 14.29% of the time in the same period. In the last calendar year MGL has Performed in-line its overall industry.
Next quarter’s sales forecast for MGL is ₹21.81B with a range of ₹21.61B to ₹22.00B. The previous quarter’s sales results were ₹20.52B. MGL beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 14.29% of the time in the same period. In the last calendar year MGL has Performed in-line its overall industry.

MGL Stock Forecast FAQ

What is IN:MGL’s average 12-month price target, according to analysts?
Based on analyst ratings, Mahanagar Gas Ltd’s 12-month average price target is 1,000.00.
    What is IN:MGL’s upside potential, based on the analysts’ average price target?
    Currently there's no upside potential for IN:MGL, based on the analysts’ average price target.
    Can I see which stocks the top-ranking analysts are rating?
    Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
      How can I follow the stock ratings of top Wall Street analysts?
      Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
        Is Mahanagar Gas Ltd a Buy, Sell or Hold?
        Mahanagar Gas Ltd has a consensus rating of Moderate Sell, which is based on 0 buy ratings, 1 hold ratings and 1 sell ratings.
          What is Mahanagar Gas Ltd’s share price target?
          The average share price target for Mahanagar Gas Ltd is 1,000.00. This is based on 2 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
          The highest analyst share price target is ₹1,020.00 ,and the lowest forecast is ₹980.00. The average share price target represents -13.29% Decrease from the current price of ₹1,153.3.
            What do analysts say about Mahanagar Gas Ltd?
            Mahanagar Gas Ltd’s analyst rating consensus is a Moderate Sell. This is based on the ratings of 2 Wall Streets Analysts.
              How can I buy shares of Mahanagar Gas Ltd?
              To buy shares of IN:MGL, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.