Mangal Electrical Industries Ltd. (MEIL): Mangal Electrical Industries Share Price Rises 10.54% to Rs 304.65
- August 26, 2026
- Posted by: Harsh Piplani
- Category: News
Mangal Electrical Industries Share Price rose to Rs 304.65 today, up 10.54% from the previous close of Rs 275.60, with market capitalisation at Rs 761.49 crore. The move makes Mangal Electrical Industries Ltd. a notable name in today’s Stocks in News and Share Market Today coverage, even though the supplied data confirms the price event but does not establish a company-specific catalyst. From the first look, Univest data shows a clear same-day share price gain, while the turnover of Rs 0.4 crore provides a factual traded-value reference without supporting any behavioural interpretation. Investors tracking Mangal Electrical Industries Share Price Today can also place the move against its valuation, sector positioning and peer benchmarks discussed below.
The stock opened at Rs 280.75, touched a day low of Rs 280 and a day high of Rs 304.65, and ended at the day’s high. That makes Mangal Electrical Industries Share Price a straightforward event-led update for readers searching for Mangal Electrical Industries Stock News, Mangal Electrical Industries Share Price Live and Mangal Electrical Industries Share Price Update.
Mangal Electrical Industries Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 304.65 |
| Previous Close | Rs 275.6 |
| Today's Move | Rs 29.05 (+10.54%) |
| Open | Rs 280.75 |
| High | Rs 304.65 |
| Low | Rs 280 |
| Turnover | Rs 0.4 crore |
| Market Capitalisation | Rs 761.49 crore |
| Market Cap Category | Micro Cap |
Mangal Electrical Industries Ltd. (MEIL) rose to Rs 304.65 from the previous close of Rs 275.6, a move of Rs 29.05 or 10.54%. The stock opened at Rs 280.75, reached a high of Rs 304.65, recorded a low of Rs 280.
Mangal Electrical Industries Share Price Today rose Rs 29.05, or 10.54%, from the previous close of Rs 275.60 to Rs 304.65. The day’s range was Rs 280 to Rs 304.65, with the stock closing at the high of the session. Turnover stood at Rs 0.4 crore. The supplied data confirms the price rise and the intraday path, but it does not establish a company-specific catalyst.
Mangal Electrical Industries Ltd. (MEIL) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 761.49 crore |
| P/E Ratio | 16.21x |
| P/B Ratio | 1.27x |
| ROE | 11.47% |
| ROCE | 14.73% |
| EPS | Rs 17 |
| Book Value Per Share | Rs 216.39 |
| Dividend Yield | 0% |
Mangal Electrical Industries Ltd. (MEIL) fundamental metrics show P/E 16.21x, P/B 1.27x, ROE 11.47%, ROCE 14.73%. These figures provide context only and are not a buy or sell signal.
Mangal Electrical Industries Ltd. has a market capitalisation of Rs 761.49 crore and falls in the Micro Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 16.21x, P/B at 1.27x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 11.47% and ROCE of 14.73%, helping investors compare shareholder returns and capital efficiency. Additional supplied metrics include EPS of Rs 17, book value per share of Rs 216.39, dividend yield of 0%, adding context to earnings, balance-sheet value and historical payout. Against the supplied same industry benchmark, these figures can be compared with benchmark median P/E of 35.75x, median ROE of 17%, median ROCE of 21.41%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Capital Goods |
| Industry | Electric Equipment |
| Benchmark Scope | same industry |
| Company P/E Ratio | 16.21x |
| Benchmark Median P/E | 35.75x |
| Benchmark Average P/E | 50.21x |
| Benchmark P/E Range | 4.45x to 570.2x |
| Company P/B Ratio | 1.27x |
| Benchmark Median P/B | 4.26x |
| Company ROE | 11.47% |
| Benchmark Median ROE | 17% |
| Company ROCE | 14.73% |
| Benchmark Median ROCE | 21.41% |
| Company Market Capitalisation | Rs 761.49 crore |
| Benchmark Median Market Cap | Rs 1,006.77 crore |
Mangal Electrical Industries Ltd. (MEIL) is classified under sector: Capital Goods and industry: Electric Equipment.
Mangal Electrical Industries Ltd. (MEIL) has a P/E ratio of 16.21x, which is below the benchmark median of 35.75x, a difference of -54.66%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Mangal Electrical Industries Ltd. (MEIL) has a ROE of 11.47%, which is below the benchmark median of 17%, a difference of -32.53%. Mangal Electrical Industries Ltd. (MEIL) has a ROCE of 14.73%, which is below the benchmark median of 21.41%, a difference of -31.2%.
Track stocks leading today through the Univest top gainers screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| ABB India Ltd. | ABB | 1,58,973.66 | 54.26 | 17.36 | 22.39 | 30.18 |
| Hitachi Energy India Ltd. | POWERINDIA | 1,48,827.12 | 129.37 | 27.21 | 21.04 | 28.73 |
| Siemens Ltd. | SIEMENS | 1,46,009.41 | 44.47 | 10.27 | 15.64 | 21.42 |
| CG Power and Industrial Solutions Ltd. | CGPOWER | 1,37,568.3 | 110.91 | 16.88 | 20.43 | 27.94 |
| SIEMENS ENERGY INDIA LTD | ENRIN | 1,20,835.25 | 81.21 | 23 | 29.23 | 40.19 |
Mangal Electrical Industries Ltd. (MEIL) has a P/E ratio of 16.21x compared with the displayed peer median of 81.21x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 11.47% compares with a peer median of 21.04% across the companies shown in the table. ROCE stood at 14.73% versus the displayed peer median of 28.73%, providing a capital-efficiency comparison. Mangal Electrical Industries Ltd. (MEIL) has a market capitalisation of Rs 761.49 crore. Among the 5 peers shown, 5 have a larger market capitalisation.
Why Investors Are Watching Mangal Electrical Industries
- Mangal Electrical Industries Share Price rose 10.54% today to Rs 304.65 after closing at the day’s high.
- The previous close was Rs 275.60, while the day’s low and high were Rs 280 and Rs 304.65.
- Market capitalisation stands at Rs 761.49 crore, with turnover at Rs 0.4 crore.
- P/E is 16.21, P/B is 1.27, ROE is 11.47% and ROCE is 14.73%.
- The company trades in Capital Goods, Electric Equipment, against a 97-company same-industry benchmark.
About Mangal Electrical Industries
Mangal Electrical Industries Ltd. is part of the Capital Goods sector and the Electric Equipment industry. The supplied data does not provide a detailed business description, product mix or segment split, so the clearest factual picture comes from its listed classification and financial profile. For readers following Mangal Electrical Industries Share Price, that means the company should be viewed through its market value, valuation ratios, returns and industry placement.
In the current dataset, the company is identified by the symbol MEIL and is compared with established electric equipment peers on Univest. That makes Mangal Electrical Industries Stock News relevant not only for the day’s share price rise but also for those checking Mangal Electrical Industries Fundamental Analysis, Mangal Electrical Industries Latest News and broader company context on Univest.
Track Mangal Electrical Industries Share Price on Univest
Use Mangal Electrical Industries Ltd. (MEIL) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.
Readers can track Mangal Electrical Industries Share Price on Univest for live share price updates, fundamental ratios, shareholding pattern, 52-week levels and market insights. Univest also helps users follow Mangal Electrical Industries Share Price Today alongside sector benchmarks and peer comparisons in one place.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why is Mangal Electrical Industries Share Price rising today?
Ans. The supplied data confirms that Mangal Electrical Industries Share Price rose 10.54% today to Rs 304.65. It does not establish a company-specific catalyst, so the event should be read as a verified price rise rather than a disclosed reason.
What is the current Mangal Electrical Industries Share Price?
Ans. Mangal Electrical Industries Share Price is Rs 304.65. The previous close was Rs 275.60, and the stock finished the session at its day high, giving today’s move a clear end-of-day reference point.
How much did Mangal Electrical Industries stock gain today?
Ans. Mangal Electrical Industries Share Price gained Rs 29.05, which works out to 10.54% for the day. That is a factual same-session move based on the supplied opening, high, low and close data.
What is the market capitalisation of Mangal Electrical Industries?
Ans. Mangal Electrical Industries has a market capitalisation of Rs 761.49 crore. This indicates company size in the listed market and helps place Mangal Electrical Industries Share Price against broader capital goods peers.
How does Mangal Electrical Industries look on valuation?
Ans. Mangal Electrical Industries has a P/E of 16.21 and a P/B of 1.27. Both are below the same-industry benchmark median, which makes the current valuation easier to compare with peer multiples.
What do ROE and ROCE show for Mangal Electrical Industries?
Ans. ROE is 11.47% and ROCE is 14.73% for Mangal Electrical Industries. These returns are below the same-industry benchmark medians, offering useful context for Mangal Electrical Industries Share Price analysis. ROE stands at 11.47%.
How does Mangal Electrical Industries compare with peers?
Ans. Compared with ABB India, Siemens, CG Power, Hitachi Energy India and Siemens Energy India, Mangal Electrical Industries has lower valuation ratios and smaller market capitalisation. Peer comparison therefore favours context over simple ranking.
What should investors monitor next in Mangal Electrical Industries Share Price?
Ans. Investors can monitor whether the stock holds above the previous close, how Mangal Electrical Industries Share Price behaves across the next session, and whether fresh company information appears. Univest keeps these updates in one place.
