MGEL (Small Cap) Share Target 2024, 2025 To 2039
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Mangalam Global Enterprise Limited |
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Price: ₹24.94 | ||
| 52 Week Low: ₹16.10 52 Week High: ₹32.00 |
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| Market Capital: 362.51 Crore (Smallcap) | |||
| Consumer Defensive -> Farm Products | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: MGEL Share Price Target For 2024
- 1.1.1: MGEL Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: MGEL Share Price Target For 2025
- 1.2.1: MGEL Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: MGEL Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: MGEL Brief Company Overview
- 4: MGEL Financial Performance
- 4.0.1: Is MGEL A Good Buy For Long Term?
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
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 26.34 (+5.61%) | Price Action: 17 Dec 2024 High |
| 2024 Target 2 | 26.02 (+4.33%) | Fibonacci Extension Level 23.60% |
| 2024 Target 1 | 25.68 (+2.96%) | Price Action: May 2024 High |
| Current Price | 24.94 | MGEL's share price as of 23 Dec 2024 |
| Stop Loss 1 | 24.51 (-1.73%) | Price Action: 04 Nov 2024 Low |
| Stop Loss 2 | 24.24 (-2.81%) | Price Action: 25 Oct 2024 High |
| Stop Loss 3 | 23.97 (-3.89%) | Price Action: Jan 2022 Low |
Short-Term Technical Outlook
Current Technical Position: MGEL is showing bullish momentum with price above both 25-day and 50-day moving averages.
Key Technical Level: The 50-day moving average at ₹24.33 serves as the nearest technical reference point.
Historical Returns: 3-month: -2.98% | 6-month: +9.22% | 1-year: +47.61%
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
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 36.41 (+45.99%) | Price Action: Chart |
| 2025 Target 2 | 35.73 (+43.26%) | Fibonacci Extension Level 123.60% |
| 2025 Target 1 | 35.29 (+41.49%) | Fibonacci Extension Level 64.90% |
| Current Price | 24.94 | MGEL's share price as of 23 Dec 2024 |
| Stop Loss 1 | 22.42 (-10.11%) | Price Action: Dec 2024 Low |
| Stop Loss 2 | 22.02 (-11.71%) | Price Action: 26 Nov 2024 Low |
| Stop Loss 3 | 21.75 (-12.8%) | Price Action: 25 Nov 2024 Low |
Long-Term Technical Outlook
52-Week Range Analysis: MGEL is currently trading at 55.6% of its 52-week range (₹16.1 - ₹32).
Long-Term Trend Analysis: The stock is maintaining a bullish long-term trend, trading above both 150-day and 250-day moving averages.
Long-Term Performance: 1-year: +47.61% | 3-year: +0.04% | 5-year: -29.74%
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Approach 2: Machine Learning By Studying Historical Prices
MGEL Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹24.94 | ||
| 2024 | ₹18.54 | -25.66% | ₹18.82 |
| 2025 | ₹26.63 | +43.63% | ₹51.76 |
| 2026 | ₹58.24 | +118.7% | ₹61.86 |
| 2027 | ₹29.51 | -49.33% | ₹44.22 |
| 2028 | ₹29.02 | -1.66% | ₹71.97 |
| 2029 | ₹34.70 | +19.57% | ₹82.07 |
| 2030 | ₹46.40 | +33.71% | ₹92.17 |
| 2031 | ₹95.89 | +106.65% | ₹97.33 |
| 2032 | ₹46.40 | -51.61% | ₹72.50 |
| 2033 | ₹43.92 | -5.34% | ₹79.57 |
| 2034 | ₹50.86 | +15.8% | ₹86.64 |
| 2035 | ₹66.18 | +30.12% | ₹93.71 |
| 2036 | ₹133.53 | +101.76% | ₹135.53 |
| 2037 | ₹63.28 | -52.6% | ₹82.67 |
| 2038 | ₹58.83 | -7.03% | ₹88.44 |
| 2039 | ₹66.98 | +13.85% | ₹94.21 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
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 | 362.51 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 | +1.12% | 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?
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Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
