MGEL belongs to the Consumer Defensive sector and operates within the Farm Products industry. The company is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). In this detailed post, we will explore MGEL share price targets from 2025, 2026, and up to 2030. For long-term forecasts, we will use different technical analysis approaches to predict targets up to the year 2030.
For additional insights, refer to MGEL technical analysis.
To forecast the price of MGEL up to the year 2030, we will use a machine learning approach where the forecasted data is trained on past performance. Mangalam Global Enterprise Ltd, known for its significant presence in the Indian share market, has shown various trends over the years. In this section, we discuss MGEL's current market position, its growth trajectory, and how external market factors might influence its price performance leading up to 2030.
MGEL’s Performance Overview
Current Performance
Today 2025-05-14 shares of MGEL closed at ₹12.84 which is ₹0.06 higher than its previous close of ₹12.78. The company has been in mixed trend for the past one week.
Historical Performance
| Date | Close | Gain/Loss |
|---|---|---|
| 2025-05-06 | ₹12.86 | ₹0.61 (4.53%) |
| 2025-05-07 | ₹12.80 | ₹0.06 (0.47%) |
| 2025-05-08 | ₹12.50 | ₹0.30 (2.34%) |
| 2025-05-09 | ₹12.25 | ₹0.25 (2.00%) |
| 2025-05-12 | ₹13.00 | ₹0.75 (6.12%) |
| 2025-05-13 | ₹12.78 | ₹0.22 (1.69%) |
| 2025-05-14 | ₹12.84 | ₹0.06 (0.47%) |
MGEL for Tomorrow
Last three days were negative and we can see a continuation bearish trend for tomorrow. This data is important as traders can make better swing trading entries for the upcoming months of 2025 or even for long-term targets up to 2030.
MGEL Share Price Target 2025
The share price of MGEL is expected to reach a value of Rs. 17.59 by March 2025. If the Macro and Micro economic factors along with the industry trend support, we might see the target price of Mangalam Global Enterprise Ltd reach Rs. 55.22 by December 2025.
| Month | Target |
|---|---|
| March 2025 target for MGEL | ₹17.59 |
| April 2025 target for MGEL | ₹25.76 |
| May 2025 target for MGEL | ₹28.33 |
| June 2025 target for MGEL | ₹31.17 |
| July 2025 target for MGEL | ₹34.28 |
| August 2025 target for MGEL | ₹37.71 |
| September 2025 target for MGEL | ₹41.48 |
| October 2025 target for MGEL | ₹45.63 |
| November 2025 target for MGEL | ₹50.20 |
| December 2025 target for MGEL | ₹55.22 |
Summary of MGEL Share Price Forecast for 2025
- The initial price target for Mangalam Global Enterprise Ltd in 2025 is projected to be ₹17.59.
- With favorable market conditions, the mid-year price target for Mangalam Global Enterprise Ltd could reach ₹37.71.
- By the end of 2025, the price target for Mangalam Global Enterprise Ltd is expected to potentially reach ₹55.22, considering bullish market trends.
MGEL Share Price Target 2026
As per technical data, the minimum share price target of MGEL is expected to reach Rs. 60.74 and the maximum value that shares of MGEL can reach is Rs. 173.29.
| Month | Target |
|---|---|
| January 2026 target for MGEL | ₹60.74 |
| February 2026 target for MGEL | ₹66.81 |
| March 2026 target for MGEL | ₹73.49 |
| April 2026 target for MGEL | ₹80.84 |
| May 2026 target for MGEL | ₹88.93 |
| June 2026 target for MGEL | ₹97.82 |
| July 2026 target for MGEL | ₹107.60 |
| August 2026 target for MGEL | ₹118.36 |
| September 2026 target for MGEL | ₹130.20 |
| October 2026 target for MGEL | ₹143.22 |
| November 2026 target for MGEL | ₹157.54 |
| December 2026 target for MGEL | ₹173.29 |
Summary of MGEL Share Price Forecast for 2026
- The initial price target for Mangalam Global Enterprise Ltd in 2026 is projected to be ₹60.74.
- With favorable market conditions, the mid-year price target for Mangalam Global Enterprise Ltd could reach ₹97.82.
- By the end of 2026, the price target for Mangalam Global Enterprise Ltd is expected to potentially reach ₹173.29, considering bullish market trends.
MGEL Share Price Target 2027
Using Fibonacci projections, the estimated price target forecast for Mangalam Global Enterprise Ltd (MGEL) in the first half of the year 2027 will be between ₹190.62 - ₹306.99. By the second half of 2027, the share price of MGEL may reach a maximum value of ₹543.86.
| Month | Target |
|---|---|
| January 2027 target for MGEL | ₹190.62 |
| February 2027 target for MGEL | ₹209.68 |
| March 2027 target for MGEL | ₹230.65 |
| April 2027 target for MGEL | ₹253.71 |
| May 2027 target for MGEL | ₹279.09 |
| June 2027 target for MGEL | ₹306.99 |
| July 2027 target for MGEL | ₹337.69 |
| August 2027 target for MGEL | ₹371.46 |
| September 2027 target for MGEL | ₹408.61 |
| October 2027 target for MGEL | ₹449.47 |
| November 2027 target for MGEL | ₹494.42 |
| December 2027 target for MGEL | ₹543.86 |
Summary of MGEL Share Price Forecast for 2027
- The initial price target for Mangalam Global Enterprise Ltd in 2027 is projected to be ₹190.62.
- With favorable market conditions, the mid-year price target for Mangalam Global Enterprise Ltd could reach ₹306.99.
- By the end of 2027, the price target for Mangalam Global Enterprise Ltd is expected to potentially reach ₹543.86, considering bullish market trends.
MGEL Share Price Target 2028
The share price for MGEL in 2028 could start around ₹598.25 and potentially climb to ₹1706.86 by the end of the year, subject to overall market and sector conditions.
| Month | Target |
|---|---|
| January 2028 target for MGEL | ₹598.25 |
| February 2028 target for MGEL | ₹658.07 |
| March 2028 target for MGEL | ₹723.88 |
| April 2028 target for MGEL | ₹796.26 |
| May 2028 target for MGEL | ₹875.89 |
| June 2028 target for MGEL | ₹963.48 |
| July 2028 target for MGEL | ₹1,059.83 |
| August 2028 target for MGEL | ₹1,165.81 |
| September 2028 target for MGEL | ₹1,282.39 |
| October 2028 target for MGEL | ₹1,410.63 |
| November 2028 target for MGEL | ₹1,551.69 |
| December 2028 target for MGEL | ₹1,706.86 |
Summary of MGEL Share Price Forecast for 2028
- The initial price target for Mangalam Global Enterprise Ltd in 2028 is projected to be ₹598.25.
- With favorable market conditions, the mid-year price target for Mangalam Global Enterprise Ltd could reach ₹963.48.
- By the end of 2028, the price target for Mangalam Global Enterprise Ltd is expected to potentially reach ₹1,706.86, considering bullish market trends.
MGEL Share Price Target 2029
The share price for MGEL in 2029 could start around ₹1877.55 and potentially climb to ₹5356.87 by the end of the year, subject to overall market and sector conditions.
| Month | Target |
|---|---|
| January 2029 target for MGEL | ₹1,877.55 |
| February 2029 target for MGEL | ₹2,065.30 |
| March 2029 target for MGEL | ₹2,271.83 |
| April 2029 target for MGEL | ₹2,499.02 |
| May 2029 target for MGEL | ₹2,748.92 |
| June 2029 target for MGEL | ₹3,023.81 |
| July 2029 target for MGEL | ₹3,326.19 |
| August 2029 target for MGEL | ₹3,658.81 |
| September 2029 target for MGEL | ₹4,024.69 |
| October 2029 target for MGEL | ₹4,427.16 |
| November 2029 target for MGEL | ₹4,869.88 |
| December 2029 target for MGEL | ₹5,356.87 |
Summary of MGEL Share Price Forecast for 2029
- The initial price target for Mangalam Global Enterprise Ltd in 2029 is projected to be ₹1,877.55.
- With favorable market conditions, the mid-year price target for Mangalam Global Enterprise Ltd could reach ₹3,023.81.
- By the end of 2029, the price target for Mangalam Global Enterprise Ltd is expected to potentially reach ₹5,356.87, considering bullish market trends.
MGEL Share Price Target 2030
The share price for MGEL in 2030 could start around ₹5892.55 and potentially climb to ₹16812.14 by the end of the year, subject to overall market and sector conditions.
| Month | Target |
|---|---|
| January 2030 target for MGEL | ₹5,892.55 |
| February 2030 target for MGEL | ₹6,481.81 |
| March 2030 target for MGEL | ₹7,129.99 |
| April 2030 target for MGEL | ₹7,842.99 |
| May 2030 target for MGEL | ₹8,627.29 |
| June 2030 target for MGEL | ₹9,490.02 |
| July 2030 target for MGEL | ₹10,439.02 |
| August 2030 target for MGEL | ₹11,482.92 |
| September 2030 target for MGEL | ₹12,631.21 |
| October 2030 target for MGEL | ₹13,894.33 |
| November 2030 target for MGEL | ₹15,283.77 |
| December 2030 target for MGEL | ₹16,812.14 |
Summary of MGEL Share Price Forecast for 2030
- The initial price target for Mangalam Global Enterprise Ltd in 2030 is projected to be ₹5,892.55.
- With favorable market conditions, the mid-year price target for Mangalam Global Enterprise Ltd could reach ₹9,490.02.
- By the end of 2030, the price target for Mangalam Global Enterprise Ltd is expected to potentially reach ₹16,812.14, considering bullish market trends.
MGEL Share Price Target 2031
The share price for MGEL in 2031 could start around ₹18493.36 and potentially climb to ₹43606.37 by the end of the year, subject to overall market and sector conditions.
| Month | Target |
|---|---|
| January 2031 target for MGEL | ₹18,493.36 |
| February 2031 target for MGEL | ₹20,342.69 |
| March 2031 target for MGEL | ₹22,376.96 |
| April 2031 target for MGEL | ₹24,614.66 |
| May 2031 target for MGEL | ₹27,076.13 |
| June 2031 target for MGEL | ₹29,783.74 |
| July 2031 target for MGEL | ₹32,762.11 |
| August 2031 target for MGEL | ₹36,038.32 |
| September 2031 target for MGEL | ₹39,642.16 |
| October 2031 target for MGEL | ₹43,606.37 |
Summary of MGEL Share Price Forecast for 2031
- The initial price target for Mangalam Global Enterprise Ltd in 2031 is projected to be ₹18,493.36.
- With favorable market conditions, the mid-year price target for Mangalam Global Enterprise Ltd could reach ₹29,783.74.
- By the end of 2031, the price target for Mangalam Global Enterprise Ltd is expected to potentially reach ₹43,606.37, considering bullish market trends.
Key Takeaways from Forecasted Price for MGEL from 2025 to 2030
| Year | Initial Target | Mid-Year Target | Year-End Target |
|---|---|---|---|
| 2025 | ₹17.59 | ₹37.71 | ₹55.22 |
| 2026 | ₹60.74 | ₹97.82 | ₹173.29 |
| 2027 | ₹190.62 | ₹306.99 | ₹543.86 |
| 2028 | ₹598.25 | ₹963.48 | ₹1,706.86 |
| 2029 | ₹1,877.55 | ₹3,023.81 | ₹5,356.87 |
| 2030 | ₹5,892.55 | ₹9,490.02 | ₹16,812.14 |
- For Mangalam Global Enterprise Ltd in 2025, a bullish trend might take the stock to a mid-year target of ₹37.71, followed by a steady climb to ₹55.22.
- In 2026, a temporary decline in early months for Mangalam Global Enterprise Ltd is possible, with a recovery expected by mid-year, aiming for ₹97.82.
- Anticipating mixed trends for Mangalam Global Enterprise Ltd in 2027, with rapid movements both upward and downward, yet maintaining an overall upward trajectory towards ₹543.86.
- For 2028 and 2029, Mangalam Global Enterprise Ltd is expected to show strong and steady growth, potentially breaking past previous highs and setting new records.
- By 2030, the cumulative impact of market dynamics could lead Mangalam Global Enterprise Ltd to a substantial year-end target, surpassing previous expectations.
Final Words on Mangalam Global Enterprise Ltd (MGEL) Share Price Target up to 2030
To summarize, we have presented MGEL share price targets from 2025, 2026, and up to 2030, based on the most recent trading data and algorithms. These targets serve as potential support and resistance levels for the coming years.
It's essential to note that while these price targets are based on technical analysis, other market conditions and news could also impact the stock's performance. Therefore, these hypothetical targets should be used as guidelines and not as financial advice. Always perform your own due diligence before making any investment.
We wish you all the best in your investing endeavors! Please read the Disclaimer below.
Methodology
Our price forecasting model to analyse targets for MGEL uses detailed & data-driven methods to calculate these monthly price targets. This methodology includes the use of classic tools like long-term floor pivot point analysis, historical price performance metrics, and volatility data. Below, we outline the fundamental components and processes that constitute our forecasting model. It is important to note that these prices are based on mathematical calculations and in no way should these be used as financial advice. The stock market is dynamic, and there are so many factors that influence the prices of stocks that any mathematical model cannot cover.
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