MGL - IntraDay Trade Analysis with Live Signals

Last Updated Time : 20 Dec 25, 07:03 am

IntraDay Trade Rating: 2.9

📊 Analysis: MGL is trading at ₹1,149, below DMA 50 (₹1,209) and DMA 200 (₹1,306), indicating bearish undertone. RSI at 31.1 suggests oversold conditions, but MACD negative (-33.2) confirms weak momentum. Volume (1.09L) is significantly below 1-week average (3.99L), showing poor intraday participation. Fundamentals remain strong with ROCE 22.9% and ROE 17.7%, but quarterly PAT dropped sharply (-32.6%), weighing on sentiment. Intraday rebound trades may be possible, but risk is elevated.

💡 Optimal Buy Price: ₹1,140–₹1,150 (speculative rebound zone).

🎯 Profit-Taking Levels: ₹1,165 (first target), ₹1,180 (second target).

🛡️ Stop-Loss: ₹1,130 (below recent support).

⏱️ If Already Holding: Exit near ₹1,165–₹1,180 if rebound occurs. Cut position immediately if price falls below ₹1,130 with rising volume, as momentum remains weak.

Positive

• 📈 ROCE 22.9% and ROE 17.7% show strong efficiency
• 💹 Low debt-to-equity (0.03) ensures financial stability
• 📊 Dividend yield 2.60% adds investor confidence
• 📉 PEG ratio 0.64 indicates reasonable valuation relative to growth

Limitation

• 📉 PAT dropped from ₹320 Cr. to ₹193 Cr.
• 📊 Volume below average, limiting intraday volatility
• 📉 FII holding decreased (-1.89%), showing reduced foreign confidence
• 📉 Price below DMA 50 & DMA 200, confirming bearish trend

Company Negative News

• ⚠️ Quarterly profit decline (-32.6%) impacting sentiment
• ⚠️ FII outflow may pressure stock short term

Company Positive News

• ✅ DII holding increased (+0.37%), showing domestic support
• ✅ Strong dividend yield (2.60%) compared to peers

Industry

• 🏭 Industry PE at 20.4, MGL at 11.4 — undervalued
• 📊 Gas distribution sector remains defensive in volatile markets

Conclusion

🔎 MGL is a weak intraday candidate with bearish technicals and declining profits. Only speculative rebound trades are possible near ₹1,140–₹1,150 with targets at ₹1,165 and ₹1,180. Maintain strict stop-loss at ₹1,130. If already holding, exit on rebound or cut losses below support with volume confirmation.

Would you like me to extend this into a peer benchmarking overlay with other city gas distributors or a sector rotation basket scan to validate intraday opportunities?