Mangal Electrica

{
  "main_header": {
    "sid": 10039723,
    "name": "Mangal Electrica",
    "stock_name": "Mangal Electrica",
    "full_name": "Mangal Electrical Industries Ltd",
    "name_url": "stocks-analysis/mangal-electrica",
    "exchange": 0,
    "exchangecode": "",
    "primexch": 1,
    "country_id": 34,
    "currency": "INR",
    "cmp": "317.15",
    "chg": -7.45,
    "chgp": "-2.3%",
    "dir": -1,
    "prev_price": "324.60",
    "mcapval": "912.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 544492,
    "symbol": "MEIL",
    "ind_name": "Other Electrical Equipment",
    "ind_code": 1,
    "sector_id": 57,
    "indexname": "India SENSEX",
    "isin": "INE0PKD01011",
    "curr_date": "Jun 03, 03:30 PM",
    "curr_time": "01:30 AM",
    "last_traded_at": "Jun 03, 03:30 PM IST",
    "bse_nse_vol": "15.84 k",
    "exc_status": "Active",
    "traded_date": "Jun 03, 2026",
    "traded_date_str": "2026 06 03",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-register-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/mangal-electrica-10039723-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Mangal Electrical Industries Ltd Shows Mildly Bullish Momentum Amid Technical Upgrades",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mangal-electrical-industries-ltd-shows-mildly-bullish-momentum-amid-technical-upgrades-4033079",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/MangalElectrica_technicaldot_4033079.png",
        "date": "2026-06-03 08:07:25",
        "description": "Mangal Electrical Industries Ltd, a micro-cap player in the Other Electrical Equipment sector, has witnessed a notable shift in its technical momentum, moving from a sideways trend to a mildly bullish stance. This change is underscored by improvements in key technical indicators such as the MACD and Bollinger Bands on the weekly chart, alongside a recent upgrade in its MarketsMOJO grade from Sell to Hold, signalling a cautious but positive outlook for investors."
      },
      {
        "title": "Mangal Electrical Industries Ltd Technical Momentum Shifts Amid Sideways Trend",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mangal-electrical-industries-ltd-technical-momentum-shifts-amid-sideways-trend-4029992",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/MangalElectrica_technicaldot_4029992.png",
        "date": "2026-06-02 08:11:59",
        "description": "Mangal Electrical Industries Ltd, a micro-cap player in the Other Electrical Equipment sector, has experienced a notable shift in its technical momentum, transitioning from a mildly bullish stance to a sideways trend. Despite a recent downgrade in daily price performance, the stock’s technical indicators reveal a complex picture that investors should carefully analyse amid broader market volatility."
      },
      {
        "title": "Mangal Electrical Industries Ltd is Rated Hold",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/mangal-electrical-industries-ltd-is-rated-hold-4022581",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/MangalElectrica_mojoScore_4022581.png",
        "date": "2026-05-30 10:10:04",
        "description": "Mangal Electrical Industries Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 04 May 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 30 May 2026, providing investors with an up-to-date view of the company’s fundamentals, valuation, financial trend, and technical outlook."
      },
      {
        "title": "Mangal Electrical Industries Ltd is Rated Hold",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/mangal-electrical-industries-ltd-is-rated-hold-3998943",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/MangalElectrica_mojoScore_3998943.png",
        "date": "2026-05-19 10:10:03",
        "description": "Mangal Electrical Industries Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 04 May 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 19 May 2026, providing investors with the latest insights into its performance and outlook."
      },
      {
        "title": "Mangal Electrical Industries Drops 10.85%: Circuit Limits and Margin Pressure Shape Week",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mangal-electrical-industries-drops-1085-circuit-limits-and-margin-pressure-shape-week-3993712",
        "imagepath": "",
        "date": "2026-05-16 09:02:58",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>May 11:</strong> Stock opens week at Rs.332.30, declines 2.91%</p>\n                    <p><strong>May 12:</strong> Plunges to lower circuit at Rs.318.35 (-4.20%) amid heavy selling</p>\n                    <p><strong>May 13:</strong> Partial recovery to Rs.330.70 (+3.88%) as Sensex gains</p>\n                    <p><strong>May 14:</strong> Hits lower circuit again at Rs.314.20 (-4.99%) following Q4 results</p>\n                    <p><strong>May 15:</strong> Week closes at Rs.305.10 (-2.90%) with continued weakness</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-valu..."
      },
      {
        "title": "Are Mangal Electrical Industries Ltd latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-mangal-electrical-industries-ltd-latest-results-good-or-bad-3993388",
        "imagepath": "",
        "date": "2026-05-15 19:29:40",
        "description": "Mangal Electrical Industries Ltd's latest financial results for Q4 FY26 present a complex picture of operational performance. The company reported net sales of ₹179.42 crores, reflecting a notable sequential growth of 14.81% and a year-on-year increase of 17.24%. This marks the highest quarterly revenue in the company's recent history, indicating strong demand for its electrical products.\n\nHowever, the profitability metrics reveal significant challenges. Net profit for the quarter stood at ₹12.75 crores, which represents a decline of 4.78% compared to the previous quarter and an 8.47% decrease year-on-year. The operating margin has contracted sharply to 9.84%, down from 12.08% in the prior quarter and 14.76% in the same quarter last year. This decline in margins raises concerns about the company's ability to manage costs effectively amidst rising operational expenses.\n\nThe results highlight a critical issue..."
      },
      {
        "title": "Mangal Electrical Industries Q4 FY26: Margin Compression Overshadows Revenue Growth",
        "link": "https://www.marketsmojo.com/news/result-analysis/mangal-electrical-industries-q4-fy26-margin-compression-overshadows-revenue-growth-3991967",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/MangalElectrica_quaterlyResult_3991967.png",
        "date": "2026-05-14 20:51:00",
        "description": "Mangal Electrical Industries Ltd., a micro-cap player in the electrical equipment sector with a market capitalisation of ₹868.00 crores, reported a challenging quarter ended March 2026, as margin pressures offset strong topline expansion. Net profit for Q4 FY26 declined 8.47% quarter-on-quarter to ₹12.75 crores, despite net sales surging 14.81% QoQ to ₹179.42 crores. The stock has faced significant volatility, trading at ₹314.20 as of May 14, 2026, down 4.99% from the previous close and 45.26% below its 52-week high of ₹573.95."
      },
      {
        "title": "Mangal Electrical Industries Ltd Locks at Lower Circuit With 4.5% Loss — Sellers Queue, No Buyers in Sight",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mangal-electrical-industries-ltd-hits-lower-circuit-amid-heavy-selling-pressure-3990909",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/MangalElectrica_stocks_hitting_lower_circuit_3990909.png",
        "date": "2026-05-14 10:00:36",
        "description": "At Rs 312.5, sellers were still queuing — but there were no buyers willing to take the other side. Mangal Electrical Industries Ltd locked at its lower circuit of 5% on 14 May 2026, with unfilled sell orders and a frozen price."
      },
      {
        "title": "Mangal Electrical Industries Ltd Locks at Lower Circuit With 5.0% Loss — Sellers Queue, No Buyers in Sight",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/mangal-electrical-industries-ltd-plunges-to-lower-circuit-amid-heavy-selling-pressure-3987753",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/MangalElectrica_stocks_hitting_lower_circuit_3987753.png",
        "date": "2026-05-12 15:00:13",
        "description": "At Rs 320.85, sellers were still queuing — but there were no buyers willing to take the other side. Mangal Electrical Industries Ltd locked at its lower circuit of 5.0% on 12 May 2026, with unfilled sell orders and a frozen price."
      }
    ],
    "total": 39,
    "sid": "10039723",
    "stock_news_url": "https://www.marketsmojo.com/news/mangal-electrical-industries-10039723"
  },
  "announcements": [
    {
      "caption": "Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A",
      "datetime": "21-May-2026",
      "details": "<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=1px><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> </tr> <tr><td>1</td><td>Name of Company</td><td>Mangal Electrical Industries Ltd</td></tr> <tr><td>2</td><td>CIN NO.</td><td>L31909RI2008PLC026255</td></tr> <tr><td>3</td> <td>Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr)</td> <td>45.43</td></tr> <tr><td>4</td><td>Highest Credit Rating during the previous FY </td><td>BBB+</td></tr> <tr><td>4a</td><td>Name of the Credit Rating Agency issuing the Credit Rating mentioned in (4)</td><td>INFOMERICS VALUATION AND RATING PVT. LTD.</td></tr> <tr><td>5</td><td>Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the framework</td><td>NSE</td></tr> </table> <br/><br/> <div> <div style=float:left;> We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No</div> <br/><br/><br/> <div style=float:left;> Name of the Company Secretary: NARESH KUMAR SHARMA <br/> Designation: COMPANY SECRETARY AND COMPLIANCE OFFICER <br/> EmailId: compliance@mangals.com</div> <div style=float:left;margin-left:50px;> Name of the Chief Financial Officer: PAWAN MENDIRATTA <br/> Designation: CHIEF FINANCIAL OFFICER <br/> EmailId: CFO@MANGALS.COM</div> </div> <div> <br/> Date: 21/05/2026<br/><br/> <b>Note:<b> In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets. </div>",
      "source": "BSE"
    },
    {
      "caption": "Statement Of Deviation Or Variation For The Quarter Ended March 31 2026",
      "datetime": "15-May-2026",
      "details": "Statement of deviation or variation for the quarter ended March 31 2026",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Press Release / Media Release",
      "datetime": "15-May-2026",
      "details": "Announcement under Regulation 30 (LODR)- Press release/Media release",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "No <strong>Dividend</strong> history available",
      "data": []
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Mangal Electrical Industries Ltd Shows Mildly Bullish Momentum Amid Technical Upgrades

2026-06-03 08:07:25

Mangal Electrical Industries Ltd, a micro-cap player in the Other Electrical Equipment sector, has witnessed a notable shift in its technical momentum, moving from a sideways trend to a mildly bullish stance. This change is underscored by improvements in key technical indicators such as the MACD and Bollinger Bands on the weekly chart, alongside a recent upgrade in its MarketsMOJO grade from Sell to Hold, signalling a cautious but positive outlook for investors.

Read full news article

Mangal Electrical Industries Ltd Technical Momentum Shifts Amid Sideways Trend

2026-06-02 08:11:59

Mangal Electrical Industries Ltd, a micro-cap player in the Other Electrical Equipment sector, has experienced a notable shift in its technical momentum, transitioning from a mildly bullish stance to a sideways trend. Despite a recent downgrade in daily price performance, the stock’s technical indicators reveal a complex picture that investors should carefully analyse amid broader market volatility.

Read full news article

Mangal Electrical Industries Ltd is Rated Hold

2026-05-30 10:10:04

Mangal Electrical Industries Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 04 May 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 30 May 2026, providing investors with an up-to-date view of the company’s fundamentals, valuation, financial trend, and technical outlook.

Read full news article

Mangal Electrical Industries Ltd is Rated Hold

2026-05-19 10:10:03

Mangal Electrical Industries Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 04 May 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 19 May 2026, providing investors with the latest insights into its performance and outlook.

Read full news article

Mangal Electrical Industries Drops 10.85%: Circuit Limits and Margin Pressure Shape Week

2026-05-16 09:02:58

Key Events This Week

May 11: Stock opens week at Rs.332.30, declines 2.91%

May 12: Plunges to lower circuit at Rs.318.35 (-4.20%) amid heavy selling

May 13: Partial recovery to Rs.330.70 (+3.88%) as Sensex gains

May 14: Hits lower circuit again at Rs.314.20 (-4.99%) following Q4 results

May 15: Week closes at Rs.305.10 (-2.90%) with continued weakness

Week Open

Read full news article

Are Mangal Electrical Industries Ltd latest results good or bad?

2026-05-15 19:29:40

Mangal Electrical Industries Ltd's latest financial results for Q4 FY26 present a complex picture of operational performance. The company reported net sales of ₹179.42 crores, reflecting a notable sequential growth of 14.81% and a year-on-year increase of 17.24%. This marks the highest quarterly revenue in the company's recent history, indicating strong demand for its electrical products. However, the profitability metrics reveal significant challenges. Net profit for the quarter stood at ₹12.75 crores, which represents a decline of 4.78% compared to the previous quarter and an 8.47% decrease year-on-year. The operating margin has contracted sharply to 9.84%, down from 12.08% in the prior quarter and 14.76% in the same quarter last year. This decline in margins raises concerns about the company's ability to manage costs effectively amidst rising operational expenses. The results highlight a critical issue...

Read full news article

Mangal Electrical Industries Q4 FY26: Margin Compression Overshadows Revenue Growth

2026-05-14 20:51:00

Mangal Electrical Industries Ltd., a micro-cap player in the electrical equipment sector with a market capitalisation of ₹868.00 crores, reported a challenging quarter ended March 2026, as margin pressures offset strong topline expansion. Net profit for Q4 FY26 declined 8.47% quarter-on-quarter to ₹12.75 crores, despite net sales surging 14.81% QoQ to ₹179.42 crores. The stock has faced significant volatility, trading at ₹314.20 as of May 14, 2026, down 4.99% from the previous close and 45.26% below its 52-week high of ₹573.95.

Read full news article

Mangal Electrical Industries Ltd Locks at Lower Circuit With 4.5% Loss — Sellers Queue, No Buyers in Sight

2026-05-14 10:00:36

At Rs 312.5, sellers were still queuing — but there were no buyers willing to take the other side. Mangal Electrical Industries Ltd locked at its lower circuit of 5% on 14 May 2026, with unfilled sell orders and a frozen price.

Read full news article

Mangal Electrical Industries Ltd Locks at Lower Circuit With 5.0% Loss — Sellers Queue, No Buyers in Sight

2026-05-12 15:00:13

At Rs 320.85, sellers were still queuing — but there were no buyers willing to take the other side. Mangal Electrical Industries Ltd locked at its lower circuit of 5.0% on 12 May 2026, with unfilled sell orders and a frozen price.

Read full news article

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