Mangal Electrical Industries Ltd. (MEIL) Share Price Surges 8.96% Today

Mangal Electrical Industries Ltd. Share Price rises 8.96% to Rs 309.55, with a market cap of Rs 784.97 Cr.

Mangal Electrical Industries Ltd. Share Price has seen a significant rise today, closing at Rs 309.55, marking an 8.96% increase from its previous close of Rs 284.1. This surge places the company's market capitalisation at Rs 784.97 crore, categorising it as a Micro Cap stock. The impressive price rise has caught the attention of investors and analysts alike, as it surpasses the qualifying threshold of 8.1% set for its market-cap category. While the data confirms the price event, it does not establish a specific company-related catalyst for today's movement. Univest continues to monitor such developments closely, providing insights into the stock's performance and potential implications for investors.

Mangal Electrical Industries Ltd. Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 309.55
Previous Close	Rs 284.1
Today's Change	+Rs 25.45 (+8.96%)
Day Open	Rs 286
Day High	Rs 314.85
Day Low	Rs 285.15
Current Volume (BSE)	4,579
BSE Traded Volume	4,579
NSE Traded Volume	97,288
Combined NSE + BSE Volume	1,01,867
Turnover	Rs 0.14 crore
Market Capitalisation	Rs 784.97 crore
Market Cap Category	Micro Cap
Qualifying Threshold Cleared	8.1%

Today's trading session saw Mangal Electrical Industries Ltd. opening at Rs 286 and reaching a high of Rs 314.85, before settling at Rs 309.55. The day's low was recorded at Rs 285.15, indicating a volatile trading range. The total turnover for the day was Rs 0.14 crore, with a total volume of 101,867 shares traded across BSE and NSE. This volume is noteworthy, as it reflects heightened investor interest compared to the average trading activity. The stock's categorisation as a Micro Cap, with a market capitalisation of Rs 784.97 crore, highlights its position within the smaller segment of the market. The 8.96% price rise today not only exceeds the Micro Cap qualifying threshold of 8.1% but also positions Mangal Electrical Industries Ltd. as a top gainer in the market. Investors are advised to keep an eye on further developments and market reactions.

Mangal Electrical Industries Ltd. Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 784.97 crore
P/E Ratio	18.18x
P/B Ratio	1.33x
ROE	2.3%
ROCE	7.16%
EPS	Rs 15.63
Book Value Per Share	Rs 213.67
Dividend Yield	0%

Mangal Electrical Industries Ltd. was valued at a P/E ratio of 18.18x, a P/B ratio of 1.33x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.

Profitability and capital efficiency were represented by ROE of 2.3% and ROCE of 7.16%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.

Per-share and shareholder-return metrics included EPS of Rs 15.63, book value per share of Rs 213.67, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.

Mangal Electrical Industries Ltd. is currently valued with a P/E ratio of 18.18, which is below the industry median of 23.85, suggesting a relatively lower valuation compared to its peers. The company's P/B ratio stands at 1.33, significantly lower than the industry median of 3.33, indicating potential undervaluation in terms of book value. The Return on Equity (ROE) is 2.3%, which is below the industry median of 5.84%, highlighting a lower return on shareholder equity. Similarly, the Return on Capital Employed (ROCE) is 7.16%, compared to the industry median of 9.93%. The company's earnings per share (EPS) is Rs 15.63, and the book value per share is Rs 213.67. Notably, the company does not currently offer a dividend yield. These fundamental metrics provide a mixed picture, with some valuation metrics suggesting potential undervaluation, while profitability ratios indicate room for improvement. Investors should consider these factors in conjunction with market trends and sector performance.

Sector and Industry Context

Metric	Value
Sector	Capital Goods
Industry	Electric Equipment
Benchmark Scope	same industry
Companies in Benchmark	67
Company P/E Ratio	18.18x
Benchmark Median P/E	23.85x
Benchmark Average P/E	39.86x
Benchmark P/E Range	0x to 506.37x
Companies with P/E Data	67
Company P/B Ratio	1.33x
Benchmark Median P/B	3.33x
Company ROE	2.3%
Benchmark Median ROE	5.84%
Company ROCE	7.16%
Benchmark Median ROCE	9.93%
Company Market Capitalisation	Rs 784.97 crore
Benchmark Median Market Cap	Rs 360.06 crore

Mangal Electrical Industries Ltd. (MEIL) is classified under sector: Capital Goods and industry: Electric Equipment. The numerical benchmark uses 67 same industry companies from the supplied master-data set.

Mangal Electrical Industries Ltd. (MEIL) has a P/E ratio of 18.18x, which is below the benchmark median of 23.85x, a difference of -23.77%. The benchmark contains 67 companies with P/E data, ranging from 0x to 506.37x. 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 2.3%, which is below the benchmark median of 5.84%, a difference of -60.62%. Mangal Electrical Industries Ltd. (MEIL) has a ROCE of 7.16%, which is below the benchmark median of 9.93%, a difference of -27.9%.

Track today's top gainers through the Univest top gainers screener. The peer table below provides the company-level comparison.

Mangal Electrical Industries Ltd. operates within the Capital Goods sector, specifically in the Electric Equipment industry. The sector snapshot reveals that the company's P/E ratio of 18.18 is below the industry median of 23.85, suggesting a more attractive valuation relative to its peers. The P/B ratio of 1.33 is also significantly lower than the industry median of 3.33, indicating potential undervaluation. However, the company's ROE of 2.3% and ROCE of 7.16% are below the industry medians of 5.84% and 9.93%, respectively, pointing to lower profitability. The sector comprises 67 companies, with Mangal Electrical Industries Ltd. positioned among them. The market capitalisation of the company is Rs 784.97 crore, which is below the industry median of Rs 360.06 crore, reflecting its smaller size within the sector. These insights provide a comprehensive view of the company's standing within its industry and sector.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Kirloskar Electric Company Ltd.	KECL	828.52	98.87	-3.81	0	0
Permanent Magnets Ltd.	PERMAGN	735.81	48.83	4.68	26.04	35.09
PROSTARM INFO SYSTEMS LTD	PROSTARM	728.57	22.07	2.54	26.54	36.29
Vilas Transcore Ltd.	VILAS-SM	875.28	22.12	2.66	6.57	9.93
Modison Ltd.	MODISONLTD-BE	901.95	12.43	3.29	8.61	11.9

Mangal Electrical Industries Ltd. (MEIL) has a P/E ratio of 18.18x compared with the displayed peer median of 22.12x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 2.3% compares with a peer median of 8.61% across the companies shown in the table. ROCE stood at 7.16% versus the displayed peer median of 11.9%, providing a capital-efficiency comparison. Mangal Electrical Industries Ltd. (MEIL) has a market capitalisation of Rs 784.97 crore. Among the 5 peers shown, 3 have a larger market capitalisation.

When comparing Mangal Electrical Industries Ltd. to its peers, several key metrics stand out. The company's P/E ratio of 18.18 is lower than Kirloskar Electric Company Ltd.'s 98.87 and Permanent Magnets Ltd.'s 48.83, suggesting a more attractive valuation. However, its ROE of 2.3% is significantly lower than Permanent Magnets Ltd.'s 26.04% and PROSTARM INFO SYSTEMS LTD's 26.54%, indicating lower profitability. The company's market capitalisation of Rs 784.97 crore is comparable to its peers, such as Kirloskar Electric Company Ltd. at Rs 828.52 crore and Permanent Magnets Ltd. at Rs 735.81 crore. These comparisons highlight the company's relative strengths and weaknesses within the industry.

Why Investors Are Watching Mangal Electrical Industries Ltd.

Investors are closely monitoring Mangal Electrical Industries Ltd. due to its recent price surge and market performance. The company's valuation metrics, sector positioning, and peer comparisons provide valuable insights for potential investors.

• Price Action: 8.96% rise today, closing at Rs 309.55.
• Technical Position: Notable price movement and volume activity.
• Fundamental Context: Mixed valuation and profitability metrics.
• Sector Positioning: Operates within the Electric Equipment industry.

Investors should continue to monitor market trends, sector performance, and company developments to make informed decisions.

About Mangal Electrical Industries Ltd.

Mangal Electrical Industries Ltd. is a prominent player in the Capital Goods sector, specifically within the Electric Equipment industry. The company is involved in the manufacturing and distribution of electrical equipment, catering to various industrial and commercial needs. With a focus on quality and innovation, Mangal Electrical Industries Ltd. has established itself as a reliable provider of electrical solutions. The company's product portfolio includes a wide range of electrical components and systems designed to meet the diverse requirements of its clients. Operating in a competitive industry, Mangal Electrical Industries Ltd. continues to leverage its expertise and experience to maintain its market position and drive growth.

Track Mangal Electrical Industries Ltd. 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.

Investors and market enthusiasts can track the live share price of Mangal Electrical Industries Ltd. on Univest. The platform offers comprehensive insights into technical indicators, fundamental ratios, shareholding patterns, 52-week levels, and market trends. Stay informed with the latest updates and make well-informed investment decisions by accessing detailed market data and analysis on Univest.

Frequently Asked Questions

What is the current share price of Mangal Electrical Industries Ltd.?

Ans. The current share price of Mangal Electrical Industries Ltd. is Rs 309.55, reflecting an 8.96% increase from the previous close of Rs 284.1. The stock moved 8.96% during the session.

How much did Mangal Electrical Industries Ltd. share price rise today?

Ans. Mangal Electrical Industries Ltd. share price rose by 8.96% today, closing at Rs 309.55, up from the previous close of Rs 284.1. The stock moved 8.96% during the session. The intraday range extended from Rs 285.15 to Rs 314.85.

What is the market capitalisation of Mangal Electrical Industries Ltd.?

Ans. The market capitalisation of Mangal Electrical Industries Ltd. is Rs 784.97 crore, categorising it as a Micro Cap stock. The company operates in the Capital Goods sector. Its P/E ratio is 18.18x.

What is the P/E ratio of Mangal Electrical Industries Ltd.?

Ans. Mangal Electrical Industries Ltd. has a P/E ratio of 18.18, which is below the industry median of 23.85, indicating a relatively lower valuation. The company trades at a P/E ratio of 18.18x.

How does Mangal Electrical Industries Ltd.'s ROE compare to the industry?

Ans. Mangal Electrical Industries Ltd.'s ROE is 2.3%, which is below the industry median of 5.84%, indicating lower profitability compared to its peers. ROE stands at 2.3%. ROCE stands at 7.16%.

What is the sector of Mangal Electrical Industries Ltd.?

Ans. Mangal Electrical Industries Ltd. operates in the Capital Goods sector, specifically within the Electric Equipment industry. The stock belongs to the Capital Goods sector. Its industry classification is Electric Equipment.

How does Mangal Electrical Industries Ltd.'s P/B ratio compare to the industry?

Ans. The P/B ratio of Mangal Electrical Industries Ltd. is 1.33, significantly lower than the industry median of 3.33, suggesting potential undervaluation. The company trades at a P/E ratio of 18.18x.