Home / Share Price Target / Mgel
MGEL Share Price Target 2024, 2025, 2026 to 2039 With Charts
Mangalam Global Enterprise Limited | |||
 | Symbol: MGEL | ||
| Price: ₹22 | |||
| Exchange: NSE | |||
| Consumer Defensive -> Farm Products | |||
Show Table of Contents
Table of Contents
- 1: MGEL Brief Company Overview
- 1.1: Mangalam Global Enterprise Limited: A Leading Agro-Processor
- 1.1.1: Diverse Product Range:
- 1.2: MGEL Financial Performance
- 1.2.1: Is MGEL A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: MGEL Share Price Target For 2024
- 2.1.1: MGEL Share Price Target Table For 2024
- 2.1.2: Summary: MGEL Share Price Prediction For 2024
- 2.2: MGEL Share Price Target For 2025
- 2.2.1: MGEL Share Price Target Table For 2025
- 2.2.2: Summary: MGEL Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: MGEL Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: MGEL Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: MGEL Past Performance
MGEL Brief Company Overview
Mangalam Global Enterprise Limited: A Leading Agro-Processor
Mangalam Global Enterprise Limited, a reputable name in the industry since 1942, is a prominent manufacturer and trader of edible and non-edible oils, and agricultural products. Headquartered in Ahmedabad, India, the company operates both domestically and internationally.
Diverse Product Range:
- Edible Oils: Soya oil, mustard oil, castor oil
- Oil De-oiled Cakes: Soya, mustard, castor
- Agricultural Products: Cotton bales, cattle feed, cotton wash oil
- Other Commodities: Rice, wheat, merchandise
- Refined Oils: LAGNAM brand
Mangalam Global is committed to providing high-quality products and services. The company's diverse product portfolio and strong market presence make it a valuable player in the agri-business sector.
MGEL Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 397.77 Crore | Market valuation of MGEL's shares. |
| Revenue (TTM) | 2,317.03 Crore | Total revenue generated by MGEL over the past twelve months. |
| Net Income (TTM) | +26.25 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 2.47% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 1.13% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +27.8% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +488.2% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 109.06 | Company's total debt divided by total shareholder equity. |
| Total Debt | 208.6 Crore | Sum of MGEL's current & long-term financial obligations. |
| Total Cash | 14.8 Crore | Total amount of liquid funds available to MGEL. |
| Beta | 0.11 | Beta is less than 1 indicating that the MGEL's price is less volatile than the market. |
Is MGEL A Good Buy For Long Term?
No valid response content found
To predict the MGEL's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
MGEL Share Price Target For 2024
The line chart displays the monthly closing prices of MGEL with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for MGEL shares in 2024, see the table below.
MGEL Share Price Target Table For 2024
| MGEL's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 22.92 (+4.18%) | Custom Fibonacci Extension Lvl 50% |
| 2024 Target 2 | 22.69 (+3.13%) | Price Action: 13 Nov 2024 Low |
| 2024 Target 1 | 22.33 (+1.49%) | Price Action: 18 Nov 2024 Low |
| Current Price | 22.00 | MGEL's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 21.81 (-0.87%) | Price Action: Chart |
| Stop Loss 2 | 21.45 (-2.51%) | Price Action: May 2024 High |
| Stop Loss 3 | 20.73 (-5.78%) | Fibonacci Retracement Extended 28.2% |
Summary: MGEL Share Price Prediction For 2024
In summary, MGEL has surged by ₹5.45, achieving a notable +32.93% increase from 1st January 2024 to 21 Nov 2024. Our analysis of MGEL for 2024 predicts an additional rise of 1.49% to 4.18% by the end of 2024 with three potential targets T1: 22.33, T2: 22.69, T3: 22.92. Stop Loss at SL1: 21.81, SL2: 21.45, SL3: 20.73.
MGEL has a 52-week high of ₹32.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹15.80, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for MGEL.
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
MGEL Share Price Target For 2025
The line chart displays the monthly closing prices of MGEL with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for MGEL shares in 2025, see the table below.
MGEL Share Price Target Table For 2025
| MGEL's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 30.82 (+40.09%) | Fibonacci Extension Level 123.6% |
| 2025 Target 2 | 30.14 (+37%) | Price Action: Chart |
| 2025 Target 1 | 29.84 (+35.63%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 22.00 | MGEL's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 20.00 (-9.1%) | Price Action: Jul 2023 High |
| Stop Loss 2 | 19.80 (-10%) | Price Action: Feb 2024 Low |
| Stop Loss 3 | 19.60 (-10.91%) | Price Action: Dec 2023 High |
Summary: MGEL Share Price Prediction For 2025
In summary, MGEL has surged by ₹5.45, achieving a notable +32.93% increase from 1st January 2024 to 21 Nov 2024. Our analysis of MGEL for 2025 predicts an additional rise of 35.63% to 40.09% by the end of 2025 with three potential targets T1: 29.84, T2: 30.14, T3: 30.82. Stop Loss at SL1: 20.00, SL2: 19.80, SL3: 19.60.
MGEL has a All-Time high of ₹240.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹15.80, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for MGEL, we have created a specific page for that check here: MGEL Share Price Target For Tomorrow & Next Week
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
Approach 2: Machine Learning By Studying Historical Prices
MGEL Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of MGEL share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 11.11% over the next 15 years.
For complete year by year MGEL long term share price target from 2024, 2025 to 2039 check the below table.
MGEL Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | MGEL Target | YoY Change % |
|---|---|---|
| 2024 | ₹22 | [Current Price] |
| 2024 | ₹19.17 | -12.87% |
| 2025 | ₹28.73 | 49.86% |
| 2026 | ₹64.76 | 125.4% |
| 2027 | ₹33.56 | -48.18% |
| 2028 | ₹33.59 | 0.08% |
| 2029 | ₹40.74 | 21.28% |
| 2030 | ₹55.12 | 35.29% |
| 2031 | ₹115 | 108.63% |
| 2032 | ₹56.1 | -51.22% |
| 2033 | ₹53.49 | -4.66% |
| 2034 | ₹62.31 | 16.48% |
| 2035 | ₹81.51 | 30.81% |
| 2036 | ₹165.24 | 102.72% |
| 2037 | ₹78.64 | -52.41% |
| 2038 | ₹73.38 | -6.69% |
| 2039 | ₹83.81 | 14.21% |
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
MGEL Past Performance
- In 2019, MGEL opening price was ₹34.79
- As of Thu 21 Nov 2024 the price stands at ₹22.
- This represents a Compound Annual Growth Rate (CAGR) of -7.36%.
- In 5 years, an investment of 10,000 would have become ₹6,321.83.
As we wrap up, we hope you like our study on MGEL share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
