Stock Radar: MGL down over 30% from highs, showing signs of recovery and poised for a breakout; check target & stop loss
- Posted on May 7, 2025
- By Business News Today
- 2 Views
Stock Radar: MGL down over 30% from highs, showing signs of recovery and poised for a breakout; check target & stop loss
Mahanagar Gas Ltd, after a 30% fall from its high in September 2024, is showing signs of a potential rebound. The stock consolidated between Rs 1,181 and Rs 1,400 since December 2024, and recently broke above the Rs 1,400 level on May 7, 2025.
