{"id":219161,"date":"2026-08-26T09:43:02","date_gmt":"2026-08-26T04:13:02","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=219161"},"modified":"2026-08-26T09:43:02","modified_gmt":"2026-08-26T04:13:02","slug":"why-mangal-electrical-industries-ltd-share-price-price-rise-2026-08-26","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-mangal-electrical-industries-ltd-share-price-price-rise-2026-08-26\/","title":{"rendered":"Mangal Electrical Industries Ltd. (MEIL): Mangal Electrical Industries Share Price Rises 10.54% to Rs 304.65"},"content":{"rendered":"<div class=\"univest-blue-summary\" style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:12px 16px;margin:0 0 18px 0;font-style:italic;\"><em><a href=\"https:\/\/univest.in\/stocks\/meil\/mangal-electrical-industries-ltd-share-price-today\">Mangal Electrical Industries Ltd. (MEIL)<\/a> share price rose to Rs 304.65 today, up 10.54% from the previous close. Market cap was Rs 761.49 crore.<\/em><\/div>\n<p class=\"univest-article-timestamp\" style=\"font-size:14px;color:#5F6673;margin:8px 0 18px 0;;margin-top:0!important;margin-bottom:0!important;\"><strong>Published:<\/strong> 26 August 2026 at 9:39:09 AM IST<\/p>\n<p style=\"margin-top:0!important;\">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\u2019s 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.<\/p>\n<p>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\u2019s 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.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/why-mangal-electrical-industries-ltd-share-price-price-rise-2026-08-26\/#Mangal_Electrical_Industries_Share_Price_Today_Price_Action_Analysis\" title=\"Mangal Electrical Industries Share Price Today: Price Action Analysis\">Mangal Electrical Industries Share Price Today: Price Action Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/why-mangal-electrical-industries-ltd-share-price-price-rise-2026-08-26\/#Mangal_Electrical_Industries_Ltd_MEIL_Fundamental_Analysis\" title=\"Mangal Electrical Industries Ltd. (MEIL) Fundamental Analysis\">Mangal Electrical Industries Ltd. (MEIL) Fundamental Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/why-mangal-electrical-industries-ltd-share-price-price-rise-2026-08-26\/#Sector_and_Industry_Context\" title=\"Sector and Industry Context\">Sector and Industry Context<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/why-mangal-electrical-industries-ltd-share-price-price-rise-2026-08-26\/#Peer_Comparison\" title=\"Peer Comparison\">Peer Comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/why-mangal-electrical-industries-ltd-share-price-price-rise-2026-08-26\/#Why_Investors_Are_Watching_Mangal_Electrical_Industries\" title=\"Why Investors Are Watching Mangal Electrical Industries\">Why Investors Are Watching Mangal Electrical Industries<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/why-mangal-electrical-industries-ltd-share-price-price-rise-2026-08-26\/#About_Mangal_Electrical_Industries\" title=\"About Mangal Electrical Industries\">About Mangal Electrical Industries<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/why-mangal-electrical-industries-ltd-share-price-price-rise-2026-08-26\/#Track_Mangal_Electrical_Industries_Share_Price_on_Univest\" title=\"Track Mangal Electrical Industries Share Price on Univest\">Track Mangal Electrical Industries Share Price on Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/why-mangal-electrical-industries-ltd-share-price-price-rise-2026-08-26\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/why-mangal-electrical-industries-ltd-share-price-price-rise-2026-08-26\/#Why_is_Mangal_Electrical_Industries_Share_Price_rising_today\" title=\"Why is Mangal Electrical Industries Share Price rising today?\">Why is Mangal Electrical Industries Share Price rising today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/why-mangal-electrical-industries-ltd-share-price-price-rise-2026-08-26\/#What_is_the_current_Mangal_Electrical_Industries_Share_Price\" title=\"What is the current Mangal Electrical Industries Share Price?\">What is the current Mangal Electrical Industries Share Price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/why-mangal-electrical-industries-ltd-share-price-price-rise-2026-08-26\/#How_much_did_Mangal_Electrical_Industries_stock_gain_today\" title=\"How much did Mangal Electrical Industries stock gain today?\">How much did Mangal Electrical Industries stock gain today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/why-mangal-electrical-industries-ltd-share-price-price-rise-2026-08-26\/#What_is_the_market_capitalisation_of_Mangal_Electrical_Industries\" title=\"What is the market capitalisation of Mangal Electrical Industries?\">What is the market capitalisation of Mangal Electrical Industries?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/why-mangal-electrical-industries-ltd-share-price-price-rise-2026-08-26\/#How_does_Mangal_Electrical_Industries_look_on_valuation\" title=\"How does Mangal Electrical Industries look on valuation?\">How does Mangal Electrical Industries look on valuation?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/why-mangal-electrical-industries-ltd-share-price-price-rise-2026-08-26\/#What_do_ROE_and_ROCE_show_for_Mangal_Electrical_Industries\" title=\"What do ROE and ROCE show for Mangal Electrical Industries?\">What do ROE and ROCE show for Mangal Electrical Industries?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/why-mangal-electrical-industries-ltd-share-price-price-rise-2026-08-26\/#How_does_Mangal_Electrical_Industries_compare_with_peers\" title=\"How does Mangal Electrical Industries compare with peers?\">How does Mangal Electrical Industries compare with peers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/why-mangal-electrical-industries-ltd-share-price-price-rise-2026-08-26\/#What_should_investors_monitor_next_in_Mangal_Electrical_Industries_Share_Price\" title=\"What should investors monitor next in Mangal Electrical Industries Share Price?\">What should investors monitor next in Mangal Electrical Industries Share Price?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Mangal_Electrical_Industries_Share_Price_Today_Price_Action_Analysis\"><\/span><strong>Mangal Electrical Industries Share Price Today: Price Action Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Current Price<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 304.65<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Previous Close<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 275.6<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Today&#39;s Move<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 29.05 (+10.54%)<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Open<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 280.75<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>High<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 304.65<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Low<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 280<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Turnover<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 0.4 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 761.49 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Cap Category<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Micro Cap<\/td>\n<\/tr>\n<\/table>\n<p>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.<\/p>\n<p>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\u2019s 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.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Mangal_Electrical_Industries_Ltd_MEIL_Fundamental_Analysis\"><\/span><strong>Mangal Electrical Industries Ltd. (MEIL) Fundamental Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 761.49 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">16.21x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">1.27x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">11.47%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">14.73%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>EPS<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 17<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Book Value Per Share<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 216.39<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Dividend Yield<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">0%<\/td>\n<\/tr>\n<\/table>\n<p>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.<\/p>\n<p>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.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Sector_and_Industry_Context\"><\/span><strong>Sector and Industry Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Sector<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Capital Goods<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Industry<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Electric Equipment<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Scope<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">same industry<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">16.21x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">35.75x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">50.21x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark P\/E Range<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">4.45x to 570.2x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">1.27x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/B<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">4.26x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">11.47%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">17%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">14.73%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">21.41%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 761.49 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median Market Cap<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,006.77 crore<\/td>\n<\/tr>\n<\/table>\n<p>Mangal Electrical Industries Ltd. (MEIL) is classified under sector: Capital Goods and industry: Electric Equipment.<\/p>\n<p>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.<\/p>\n<p>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%.<\/p>\n<p>Track stocks leading today through the <a href=\"https:\/\/univest.in\/screeners\/top-gainers\">Univest top gainers screener<\/a>. The peer table below provides the company-level comparison.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Peer_Comparison\"><\/span><strong>Peer Comparison<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Company<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Symbol<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Market Cap (Cr)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/E<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/B<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROE (%)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROCE (%)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/abb\/abb-india-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>ABB India Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">ABB<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,58,973.66<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">54.26<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">17.36<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">22.39<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">30.18<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/powerindia\/hitachi-energy-india-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Hitachi Energy India Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">POWERINDIA<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,48,827.12<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">129.37<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">27.21<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">21.04<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">28.73<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/siemens\/siemens-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Siemens Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">SIEMENS<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,46,009.41<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">44.47<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">10.27<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">15.64<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">21.42<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/cgpower\/cg-power-and-industrial-solutions-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>CG Power and Industrial Solutions Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">CGPOWER<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,37,568.3<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">110.91<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">16.88<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">20.43<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">27.94<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/enrin\/siemens-energy-india-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>SIEMENS ENERGY INDIA LTD<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">ENRIN<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,20,835.25<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">81.21<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">23<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">29.23<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">40.19<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>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.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Investors_Are_Watching_Mangal_Electrical_Industries\"><\/span><strong>Why Investors Are Watching Mangal Electrical Industries<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Mangal Electrical Industries Share Price rose 10.54% today to Rs 304.65 after closing at the day\u2019s high.<\/li>\n<li>The previous close was Rs 275.60, while the day\u2019s low and high were Rs 280 and Rs 304.65.<\/li>\n<li>Market capitalisation stands at Rs 761.49 crore, with turnover at Rs 0.4 crore.<\/li>\n<li>P\/E is 16.21, P\/B is 1.27, ROE is 11.47% and ROCE is 14.73%.<\/li>\n<li>The company trades in Capital Goods, Electric Equipment, against a 97-company same-industry benchmark.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"About_Mangal_Electrical_Industries\"><\/span><strong>About Mangal Electrical Industries<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>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.<\/p>\n<p>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\u2019s share price rise but also for those checking Mangal Electrical Industries Fundamental Analysis, Mangal Electrical Industries Latest News and broader company context on Univest.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Track_Mangal_Electrical_Industries_Share_Price_on_Univest\"><\/span><strong>Track Mangal Electrical Industries Share Price on Univest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Use <a href=\"https:\/\/univest.in\/stocks\/meil\/mangal-electrical-industries-ltd-share-price-today\">Mangal Electrical Industries Ltd. (MEIL) live share-price page<\/a>, <a href=\"https:\/\/univest.in\/screeners\/top-gainers\">Univest top gainers screener<\/a>, <a href=\"https:\/\/univest.in\/blogs\">Univest market blogs<\/a> to review live stock data, top-gainers lists and related market analysis.<\/p>\n<p>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.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_Mangal_Electrical_Industries_Share_Price_rising_today\"><\/span><strong>Why is Mangal Electrical Industries Share Price rising today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_current_Mangal_Electrical_Industries_Share_Price\"><\/span><strong>What is the current Mangal Electrical Industries Share Price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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\u2019s move a clear end-of-day reference point.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_did_Mangal_Electrical_Industries_stock_gain_today\"><\/span><strong>How much did Mangal Electrical Industries stock gain today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_capitalisation_of_Mangal_Electrical_Industries\"><\/span><strong>What is the market capitalisation of Mangal Electrical Industries?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_Mangal_Electrical_Industries_look_on_valuation\"><\/span><strong>How does Mangal Electrical Industries look on valuation?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_do_ROE_and_ROCE_show_for_Mangal_Electrical_Industries\"><\/span><strong>What do ROE and ROCE show for Mangal Electrical Industries?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_Mangal_Electrical_Industries_compare_with_peers\"><\/span><strong>How does Mangal Electrical Industries compare with peers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_should_investors_monitor_next_in_Mangal_Electrical_Industries_Share_Price\"><\/span><strong>What should investors monitor next in Mangal Electrical Industries Share Price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mangal Electrical Industries Ltd. Share Price rises to Rs 304.65. marking a 10.54% rise today. Market cap stands at Rs 761.49 crore.<\/p>\n","protected":false},"author":29,"featured_media":219160,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-219161","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["219160"],"rank_math_title":["Mangal Electrical Industries Share Price Rises 10.54% Today"],"rank_math_description":["Mangal Electrical Industries Share Price rose 10.54% to Rs 304.65. Read the day move, market cap, valuation, sector context and peer comparison."],"rank_math_focus_keyword":["Mangal Electrical Industries Share Price"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/08\/Mangal_Electrical_Industries_Ltd_MEIL_Mangal_Electrical_Industries_Share_Price_Rises_1054_to_Rs_30465_bullish.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/219161","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=219161"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/219161\/revisions"}],"predecessor-version":[{"id":219162,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/219161\/revisions\/219162"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/219160"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=219161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=219161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=219161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}