tiprankstipranks
Trending News
More News >
Mahanagar Gas Ltd (IN:MGL)
:MGL
India Market
Advertisement

Mahanagar Gas Ltd (MGL) Stock Forecast & Price Target

Compare
2 Followers
See the Price Targets and Ratings of:

MGL Analyst Ratings

Moderate Buy
7Ratings
Moderate Buy
5 Buy
1 Hold
1 Sell
Based on 7 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

₹1,578.57
▲(10.52%Upside)
Based on 7 Wall Street analysts offering 12 month price targets for Mahanagar Gas Ltd in the last 3 months. The average price target is ₹1,578.57 with a high forecast of ₹1,775.00 and a low forecast of ₹1,275.00. The average price target represents a 10.52% change from the last price of ₹1,428.30.
{"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":{"1224":"₹1,224","1561":"₹1,561","1898":"₹1,898","1392.5":"₹1,392.5","1729.5":"₹1,729.5"}},"plotLines":[{"color":"rgba(0,0,0,0)","value":1775,"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\">₹1.77K</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":1578.57,"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\">₹1.58K</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":1275,"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\">₹1.27K</span>\n  </div></div>","useHTML":true}}],"tickPositions":[1224,1392.5,1561,1729.5,1898],"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":"Nov<br/>2024","6":"Jan<br/>2025","9":"Apr<br/>2025","12":"Jul<br/>2025","25":"Jul<br/>2026"}},"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,1490.85,1512.7076923076922,1534.5653846153846,1556.423076923077,1578.2807692307692,1600.1384615384616,1621.996153846154,1643.853846153846,1665.7115384615383,1687.5692307692307,1709.426923076923,1731.2846153846153,1753.1423076923077,{"y":1775,"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,1490.85,1497.5976923076921,1504.3453846153845,1511.0930769230768,1517.8407692307692,1524.5884615384614,1531.3361538461538,1538.083846153846,1544.8315384615385,1551.5792307692307,1558.326923076923,1565.0746153846153,1571.8223076923077,{"y":1578.57,"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,1490.85,1474.2461538461537,1457.6423076923077,1441.0384615384614,1424.4346153846154,1407.8307692307692,1391.226923076923,1374.623076923077,1358.0192307692307,1341.4153846153845,1324.8115384615385,1308.2076923076922,1291.6038461538462,{"y":1275,"marker":{"fillColor":"#912767","lineColor":"#912767","enabled":true,"symbol":"circle"}}]},{"type":"line","data":[{"y":1790.15,"date":1722470400000,"info":"<div class=\"mt2 colorgray-1\">\n          No historical consensus available\n      </div>","marker":{"enabled":true,"symbol":"circle"}},{"y":1789.64,"date":1725148800000,"info":"<div class=\"mt2 colorgray-1\">\n          No historical consensus available\n      </div>","marker":{"enabled":true,"symbol":"circle"}},{"y":1897.7,"date":1727740800000,"info":"<div class=\"mt2 colorgray-1\">\n          No historical consensus available\n      </div>","marker":{"enabled":true,"symbol":"circle"}},{"y":1428.61,"date":1730419200000,"info":"<div class=\"mt2 colorgray-1\">\n          No historical consensus available\n      </div>","marker":{"enabled":true,"symbol":"circle"}},{"y":1225.54,"date":1733011200000,"info":"<div class=\"mt2 colorgray-1\">\n          No historical consensus available\n      </div>","marker":{"enabled":true,"symbol":"circle"}},{"y":1271.14,"date":1735689600000,"info":"<div class=\"mt2 colorgray-1\">\n          No historical consensus available\n      </div>","marker":{"enabled":true,"symbol":"circle"}},{"y":1271.14,"date":1735689600000,"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 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#912767","enabled":true,"symbol":"circle"}},{"y":1367.3,"date":1738368000000,"info":" <span style=\"color:#828080\" class=\"mb3 mt2 fonth8_semibold\"> Hold</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 1,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#828080","enabled":true,"symbol":"circle"}},{"y":1238.1,"date":1740787200000,"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 2,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":1383.65,"date":1743465600000,"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 2,\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":1344.9,"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":1318.95,"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 6,\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":1490.85,"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 12,\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₹1,775Average Price Target₹1,579Lowest Price Target₹1,275
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
TipRanks Analyst forecast on IN:MGL
TipRanks AITipRanks
Not Ranked
TipRanks
₹1,734
Buy
21.40%
Upside
07/08/25
Mahanagar Gas Ltd scores strongly due to its solid financial performance characterized by steady revenue growth and strong balance sheet health. The technical analysis shows positive momentum, although some indicators suggest caution. The stock's valuation is reasonable with a fair P/E ratio and a modest dividend yield, contributing to its overall attractive investment profile.
Nomura
₹1,680₹1,580
Buy
10.62%
Upside
Reiterated
07/25/25
Mahanagar Gas Limited (MAHGL:IN) PT Lowered to INR1,580 at Nomura/InstinetNomura/Instinet analyst Bineet Banka lowered the price target on Mahanagar Gas Limited (MAHGL:IN) to INR1,580.00 (from INR1,680.00) while maintaining a Buy rating.
ICICI Securities Analyst forecast on IN:MGL
Probal SenICICI Securities
ICICI Securities
₹1,705₹1,775
Buy
24.27%
Upside
Reiterated
07/24/25
Mahanagar Gas Ltd (MGL) Gets a Buy from ICICI SecuritiesICICI Securities analyst Probal Sen raised the price target on Mahanagar Gas Limited (MAHGL:IN) to INR1,775.00 (from INR1,705.00) while maintaining a Buy (1) rating.
Jefferies
₹1,250₹1,275
Sell
-10.73%
Downside
Reiterated
07/23/25
J.P. Morgan Analyst forecast on IN:MGL
Sanjay MookimJ.P. Morgan
J.P. Morgan
₹1,360₹1,350
Hold
-5.48%
Downside
Reiterated
07/23/25
J.P. Morgan Remains a Hold on Mahanagar Gas Ltd (MGL)JPMorgan analyst Sanjay Mookim lowered the price target on Mahanagar Gas Limited (MAHGL:IN) to INR1,350.00 (from INR1,360.00) while maintaining a Neutral rating.
Citi
₹1,700
Buy
19.02%
Upside
Reiterated
06/29/25
Citi Sticks to Their Buy Rating for Mahanagar Gas Ltd (MGL)
UBS
₹1,650
Buy
15.52%
Upside
Reiterated
06/27/25
UBS Sticks to Their Buy Rating for Mahanagar Gas Ltd (MGL)
Bank of America Securities Analyst forecast on IN:MGL
Bharat SubramanianBank of America Securities
Bank of America Securities
₹1,670₹1,720
Buy
20.42%
Upside
Reiterated
05/07/25
Mahanagar Gas Ltd (NS:MGAS) PT Raised to INR1,720 at BofA SecuritiesBofA Securities analyst Bharat Subramanian raised the price target on Mahanagar Gas Ltd (NS:MGAS) to INR1,720.00 (from INR1,670.00) while maintaining a Buy rating.
Morgan Stanley Analyst forecast on IN:MGL
Mayank MaheshwariMorgan Stanley
Morgan Stanley
₹1,606₹1,789
Buy
25.25%
Upside
Reiterated
03/21/25
Mahanagar Gas Limited (MAHGL:IN) PT Raised to INR1,789 at Morgan StanleyMorgan Stanley analyst Mayank Maheshwari raised the price target on Mahanagar Gas Limited (MAHGL:IN) to INR1,789.00 (from INR1,606.00) while maintaining a Overweight rating.
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
TipRanks Analyst forecast on IN:MGL
TipRanks AITipRanks
Not Ranked
TipRanks
₹1,734
Buy
21.40%
Upside
07/08/25
Mahanagar Gas Ltd scores strongly due to its solid financial performance characterized by steady revenue growth and strong balance sheet health. The technical analysis shows positive momentum, although some indicators suggest caution. The stock's valuation is reasonable with a fair P/E ratio and a modest dividend yield, contributing to its overall attractive investment profile.
Nomura
₹1,680₹1,580
Buy
10.62%
Upside
Reiterated
07/25/25
Mahanagar Gas Limited (MAHGL:IN) PT Lowered to INR1,580 at Nomura/InstinetNomura/Instinet analyst Bineet Banka lowered the price target on Mahanagar Gas Limited (MAHGL:IN) to INR1,580.00 (from INR1,680.00) while maintaining a Buy rating.
ICICI Securities Analyst forecast on IN:MGL
Probal SenICICI Securities
ICICI Securities
₹1,705₹1,775
Buy
24.27%
Upside
Reiterated
07/24/25
Mahanagar Gas Ltd (MGL) Gets a Buy from ICICI SecuritiesICICI Securities analyst Probal Sen raised the price target on Mahanagar Gas Limited (MAHGL:IN) to INR1,775.00 (from INR1,705.00) while maintaining a Buy (1) rating.
Jefferies
₹1,250₹1,275
Sell
-10.73%
Downside
Reiterated
07/23/25
J.P. Morgan Analyst forecast on IN:MGL
Sanjay MookimJ.P. Morgan
J.P. Morgan
₹1,360₹1,350
Hold
-5.48%
Downside
Reiterated
07/23/25
J.P. Morgan Remains a Hold on Mahanagar Gas Ltd (MGL)JPMorgan analyst Sanjay Mookim lowered the price target on Mahanagar Gas Limited (MAHGL:IN) to INR1,350.00 (from INR1,360.00) while maintaining a Neutral rating.
Citi
₹1,700
Buy
19.02%
Upside
Reiterated
06/29/25
Citi Sticks to Their Buy Rating for Mahanagar Gas Ltd (MGL)
UBS
₹1,650
Buy
15.52%
Upside
Reiterated
06/27/25
UBS Sticks to Their Buy Rating for Mahanagar Gas Ltd (MGL)
Bank of America Securities Analyst forecast on IN:MGL
Bharat SubramanianBank of America Securities
Bank of America Securities
₹1,670₹1,720
Buy
20.42%
Upside
Reiterated
05/07/25
Mahanagar Gas Ltd (NS:MGAS) PT Raised to INR1,720 at BofA SecuritiesBofA Securities analyst Bharat Subramanian raised the price target on Mahanagar Gas Ltd (NS:MGAS) to INR1,720.00 (from INR1,670.00) while maintaining a Buy rating.
Morgan Stanley Analyst forecast on IN:MGL
Mayank MaheshwariMorgan Stanley
Morgan Stanley
₹1,606₹1,789
Buy
25.25%
Upside
Reiterated
03/21/25
Mahanagar Gas Limited (MAHGL:IN) PT Raised to INR1,789 at Morgan StanleyMorgan Stanley analyst Mayank Maheshwari raised the price target on Mahanagar Gas Limited (MAHGL:IN) to INR1,789.00 (from INR1,606.00) while maintaining a Overweight rating.
Stocks with the Highest Top Analyst Consensus in the Utilities Sector
Find stocks in the Utilities sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering Mahanagar Gas Ltd

1 Month
xxx
Success Rate
3/4 ratings generated profit
75%
Average Return
+0.60%
reiterated a xxx
rating 3 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 75.00% of your transactions generating a profit, with an average return of +0.60% per trade.
3 Months
xxx
Success Rate
2/2 ratings generated profit
100%
Average Return
+5.00%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 100.00% of your transactions generating a profit, with an average return of +5.00% per trade.
1 Year
Bharat SubramanianBank of America Securities
Success Rate
2/2 ratings generated profit
100%
Average Return
+6.45%
reiterated a buy rating 3 months ago
Copying Bharat Subramanian's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +6.45% per trade.
2 Years
xxx
Success Rate
2/2 ratings generated profit
100%
Average Return
+6.45%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +6.45% 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
Mar 25
Apr 25
May 25
Jun 25
Jul 25
Strong Buy
0
0
0
0
0
Buy
2
2
4
6
12
Hold
3
1
0
0
1
Sell
1
1
2
2
2
Strong Sell
0
0
0
0
0
total
6
4
6
8
15
In the current month, MGL has received 12 Buy Ratings, 1 Hold Ratings, and 2 Sell Ratings. MGL average Analyst price target in the past 3 months is 1,578.57.
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 ₹30.86 with a range of ₹27.59 to ₹35.10. The previous quarter’s EPS was ₹32.80. MGL beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 53.00% of the time in the same period. In the last calendar year MGL has Outperformed its overall industry.
Next quarter’s earnings estimate for MGL is ₹30.86 with a range of ₹27.59 to ₹35.10. The previous quarter’s EPS was ₹32.80. MGL beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 53.00% of the time in the same period. In the last calendar year MGL has Outperformed its overall industry.

MGL Sales Forecast

Next quarter’s sales forecast for MGL is ₹19.69B with a range of ₹19.33B to ₹20.00B. The previous quarter’s sales results were ₹20.83B. MGL beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 48.44% of the time in the same period. In the last calendar year MGL has Outperformed its overall industry.
Next quarter’s sales forecast for MGL is ₹19.69B with a range of ₹19.33B to ₹20.00B. The previous quarter’s sales results were ₹20.83B. MGL beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 48.44% of the time in the same period. In the last calendar year MGL has Outperformed 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 1,578.57.
    What is IN:MGL’s upside potential, based on the analysts’ average price target?
    Mahanagar Gas Ltd has 10.52% upside potential, 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 Buy, which is based on 5 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 1,578.57. This is based on 7 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst share price target is ₹1,775.00 ,and the lowest forecast is ₹1,275.00. The average share price target represents 10.52% Increase from the current price of ₹1,428.3.
              What do analysts say about Mahanagar Gas Ltd?
              Mahanagar Gas Ltd’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 7 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.
                  What am I Missing?
                  Make informed decisions based on Top Analysts' activity
                  Know what industry insiders are buying
                  Get actionable alerts from top Wall Street Analysts
                  Find out before anyone else which stock is going to shoot up
                  Get powerful stock screeners & detailed portfolio analysis