Mahanagar Gas Limited (NSE:MGL)
India · Delayed Price · Currency is INR 1,143.80
+20.10 (1.79%)
Aug 7, 2026, 3:30 PM IST
Mahanagar Gas Stock Forecast
Stock Price Forecast
According to 30 analysts polled by S&P Global, Mahanagar Gas stock has a consensus rating of "Buy" and an average price target of ₹1,310. The average 1-year stock price forecast is 14.50% higher than the current stock price, while the lowest is ₹1,005 (-12.13%) and the highest is ₹1,694 (+48.10%).
Price Target: ₹1,310 (+14.50%)
Analyst Consensus: Buy
Price Target
ChartAnalyst Ratings
The average analyst rating for Mahanagar Gas stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 15 | 15 | 13 | 14 | 15 | 16 |
| Buy | 7 | 7 | 9 | 9 | 9 | 8 |
| Hold | 4 | 4 | 4 | 4 | 3 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 2 |
| Strong Sell | 2 | 2 | 2 | 2 | 2 | 1 |
| Total | 29 | 29 | 29 | 30 | 30 | 30 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Sell Maintains ₹1,020 → ₹1,005 | Sell | Maintains | ₹1,020 → ₹1,005 | -12.13% | Aug 4, 2026 |
Unknown Analyst Axis Direct No rating | Axis Direct | Buy Maintains ₹1,331 | Buy | Maintains | ₹1,331 | +16.37% | Jun 22, 2026 |
| J.P. Morgan | J.P. Morgan | Hold Maintains ₹980.00 | Hold | Maintains | ₹980.00 | -14.32% | Apr 10, 2026 |
Unknown Analyst Prabhudas Lilladher No rating | Prabhudas Lilladher | Buy Maintains ₹1,305 | Buy | Maintains | ₹1,305 | +14.09% | Feb 10, 2026 |
Financial Forecast
Revenue This Year
95.56B
from 82.46B
Increased by 15.89%
Revenue Next Year
102.58B
from 95.56B
Increased by 7.35%
EPS This Year
78.73
from 85.73
Decreased by -8.16%
EPS Next Year
93.50
from 78.73
Increased by 18.76%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.