Mahanagar Gas (Mid Cap - High Growth) Share Target 2024, 2025 To 2039
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Mahanagar Gas Limited |
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Price: ₹1,215.30 | ||
| 52 Week Low: ₹1,075.25 52 Week High: ₹1,988.00 |
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| Market Capital: 11,122.87 Crore (Midcap) | |||
| Utilities -> Utilities—Regulated Gas | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Mahanagar Gas Share Price Target For 2024
- 1.1.1: Mahanagar Gas Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Mahanagar Gas Share Price Target For 2025
- 1.2.1: Mahanagar Gas Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Mahanagar Gas Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Mahanagar Gas Brief Company Overview
- 4: Mahanagar Gas Financial Performance
- 4.0.1: Is Mahanagar Gas A Good Buy For Long Term?
To predict the Mahanagar Gas'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
Mahanagar Gas Share Price Target For 2024
The line chart displays the monthly closing prices of Mahanagar Gas 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 Mahanagar Gas shares in 2024, see the table below.
Mahanagar Gas Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 1264.25 (+4.02%) | Price Action: 20 Dec 2024 High |
| 2024 Target 2 | 1246.95 (+2.60%) | Price Action: 05 Dec 2024 Low |
| 2024 Target 1 | 1234.4 (+1.57%) | Price Action: 03 Dec 2024 Low |
| Current Price | 1215.30 | Mahanagar Gas's share price as of 20 Dec 2024 |
| Stop Loss 1 | 1199.3 (-1.32%) | Price Action: 26 Nov 2024 High |
| Stop Loss 2 | 1186.2 (-2.40%) | Price Action: Dec 2024 Low |
| Stop Loss 3 | 1171.9 (-3.58%) | Price Action: 26 Nov 2024 Low |
Short-Term Technical Outlook
Current Technical Position: Mahanagar Gas is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹1232.14 serves as the nearest technical reference point.
Historical Returns: 3-month: -37.37% | 6-month: -23.12% | 1-year: +3.10%
Mahanagar Gas Share Price Target For 2025
The line chart displays the monthly closing prices of Mahanagar Gas 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 Mahanagar Gas shares in 2025, see the table below.
Mahanagar Gas Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 1893.7 (+55.82%) | Price Action: Chart |
| 2025 Target 2 | 1858.39 (+52.91%) | Price Action: Chart |
| 2025 Target 1 | 1839.99 (+51.40%) | Fibonacci Extension Level 64.90% |
| Current Price | 1215.30 | Mahanagar Gas's share price as of 20 Dec 2024 |
| Stop Loss 1 | 1065.9 (-12.30%) | Price Action: May 2023 High |
| Stop Loss 2 | 1051.57 (-13.48%) | Price Action: Nov 2023 High |
| Stop Loss 3 | 1037.71 (-14.62%) | Fibonacci Retracement Level 98.60% |
Long-Term Technical Outlook
52-Week Range Analysis: Mahanagar Gas is currently trading near its 52-week low of ₹1075.25, indicating potential value opportunity.
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: +3.10% | 3-year: +52.07% | 5-year: +28.90%
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Approach 2: Machine Learning By Studying Historical Prices
Mahanagar Gas Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹1,215.30 | ||
| 2024 | ₹1,565.30 | +28.80% | ₹1,588.78 |
| 2025 | ₹1,696.24 | +8.37% | ₹1,721.68 |
| 2026 | ₹1,846.83 | +8.88% | ₹1,888.28 |
| 2027 | ₹2,024.53 | +9.62% | ₹2,103.13 |
| 2028 | ₹2,317.99 | +14.50% | ₹2,352.76 |
| 2029 | ₹2,390.38 | +3.12% | ₹2,426.24 |
| 2030 | ₹2,505.08 | +4.80% | ₹2,542.66 |
| 2031 | ₹2,650.80 | +5.82% | ₹2,747.70 |
| 2032 | ₹2,835.27 | +6.96% | ₹2,962.56 |
| 2033 | ₹3,177.41 | +12.07% | ₹3,225.07 |
| 2034 | ₹3,215.47 | +1.20% | ₹3,263.70 |
| 2035 | ₹3,313.92 | +3.06% | ₹3,392.27 |
| 2036 | ₹3,454.76 | +4.25% | ₹3,607.13 |
| 2037 | ₹3,646.01 | +5.54% | ₹3,821.98 |
| 2038 | ₹4,036.84 | +10.72% | ₹4,097.39 |
| 2039 | ₹4,019.40 | -0.43% | ₹4,079.69 |
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.
Mahanagar Gas Brief Company Overview
Mahanagar Gas Limited: A Leading Natural Gas Distributor in India Established in 1995, Mahanagar Gas Limited is a prominent natural gas distribution company operating in India. The company's diverse product range includes Commercial PNG, Industrial PNG, Domestic PNG, and...
Compressed Natural Gas (CNG), catering to a wide range of customers. With an extensive network of 550 km of steel pipeline and 6000 km of poly-ethylene pipeline, Mahanagar Gas Limited has established a strong market presence in India. Their commitment to providing reliable and efficient natural gas distribution has earned them a reputable position in the industry.Mahanagar Gas Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 11,122.87 Crore | Market valuation of Mahanagar Gas's shares. |
| Revenue (TTM) | 6,633.39 Crore | Total revenue generated by Mahanagar Gas over the past twelve months. |
| Net Income (TTM) | +11,417,600,000.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +18.37% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +17.21% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+13.70% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
-16.20% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
2.77 | Company's total debt divided by total shareholder equity. |
| Total Debt | 153.8 Crore | Sum of Mahanagar Gas's current & long-term financial obligations. |
| Total Cash | 1,622.73 Crore | Total amount of liquid funds available to Mahanagar Gas. |
| Beta | 0.74 | Beta is less than 1 indicating that the Mahanagar Gas's price is less volatile than the market. |
Is Mahanagar Gas 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.
