MGL NEWS why is Mahanagar Gas price falling or rising

MGL NEWS reasons for why stock price of Mahanagar Gas is falling or rising

MGL Mahanagar Gas is falling or rising technical reasons

Technical analysis forecast of Mahanagar Gas Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Mahanagar Gas MGL at this time. Stock is rising and might rise more.

It appears as if Mahanagar Gas MGL gave a large move recently.

Stock of Mahanagar Gas (MGL) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Mahanagar Gas is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1327 as stoploss in an intra day sell trade for a target of 1292.26. However, stock will show a bullish move above 1327.

MGL Mahanagar Gas is falling or rising NEWS fundamental reasons

Company Announcement Mahanagar Gas Limited has informed the Exchange about Schedule of meet - NEWS as on 2025-02-13

Company Announcement - NEWS as on 2025-02-04

MGL announced a dividend of Rupees 12 per share, which makes a dividend yield of 0.91 based on current price. Effective date of this dividend is 03 Mon Feb 2025 - NEWS as on 2025-02-03 MunafaSutra.com

MGL announced a dividend of Rupees 12 per share, which makes a dividend yield of 0.87 based on current price. Effective date of this dividend is 03 Mon Feb 2025 - NEWS as on 2025-01-31 MunafaSutra.com

Company Announcement Mahanagar Gas Limited has informed the Exchange that Board of Directors at its meeting held on January 28, 2025, declared Interim Dividend of Rs. 12 per equity share. - NEWS as on 2025-01-29

Board Meeting to discuss Financial Results/Dividend To consider and approve the financial results for the period ended December 31, 2024 and Interim dividend - NEWS as on 2025-01-21

Company Announcement Mahanagar Gas Limited has informed the Exchange about Newspaper Publication of notice to the shareholders for transfer of Equity Shares of the Company and Unpaid/ Unclaimed Interim Dividend for FY 2017-18 to Investor Education Protection Fund (IEPF) Author - NEWS as on 2024-12-11

Company Announcement Mahanagar Gas Limited has informed the Exchange about Share Subscription Agreement and Shareholder s Agreement ( Agreements ) entered into amongst Mahanagar Gas Limited ( MGL ), International Battery Company, Inc ( IBC US ) and International Battery Compan - NEWS as on 2024-11-08

More announcements and NEWS

MGL Mahanagar Gas current price & indicator signals

Moving Averages for Mahanagar Gas

  • 5Day Average: 1292.71
  • 12Day Average: 1280.21
  • 20Day Average: 1289.39
  • 50Day Average: 1292.54
  • 100Day Average: 1294.29
  • 150Day Average: 1471.28
  • 200Day Average: 1519.7

MGL Indicators & signals

Indicator MACD (12,26,9)

1291.56, 1292.84, -3.34
Indicator MACD is in negative zone

Indicator ADX (14)

2.74, 23.1, 21.87
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MGL Mahanagar Gas are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
17 Mon Mar 2025 1311.55 1283.60 to 1326.00 1.99% 0.68 times
13 Thu Mar 2025 1285.95 1280.50 to 1306.30 -1.04% 0.35 times
12 Wed Mar 2025 1299.50 1278.00 to 1301.80 0.9% 0.36 times
11 Tue Mar 2025 1287.90 1242.30 to 1292.45 0.72% 0.7 times
10 Mon Mar 2025 1278.65 1270.50 to 1307.90 -0.42% 0.88 times
07 Fri Mar 2025 1284.00 1271.30 to 1334.00 -3.93% 2.12 times
06 Thu Mar 2025 1336.50 1285.35 to 1339.95 4.38% 1.81 times
05 Wed Mar 2025 1280.40 1216.70 to 1289.55 5.48% 1.03 times
04 Tue Mar 2025 1213.85 1195.55 to 1229.60 -1.74% 0.54 times
03 Mon Mar 2025 1235.40 1216.35 to 1266.70 -0.17% 1.01 times
28 Fri Feb 2025 1237.50 1233.00 to 1309.95 -5.63% 1.21 times
27 Thu Feb 2025 1311.30 1285.35 to 1329.65 -0.6% 1.09 times

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MGL NEWS why is Mahanagar Gas price falling or rising

 

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