SSelectStock

MEILMangal Electrical Industries Limited

Capital Goods · Electrical Equipment & Parts · NSE · as of 2026-10-30 (delayed ~30 min in market hours)

Mangal Electrical Industries Limited manufactures and trades in electrical transformers, cold rolled grain oriented (CRGO) electrical steel, electrical accessories, and other related products under the Mangal Electrical brand name in India and internationally. It offers transformer components, transformer lamination, CRGO slit coils, amorphous cores, coil assemblies and core assemblies, wound core, toroidal core, and oil immersed circuit breakers. The company also traders in CRGO and cold rolled non-oriented steel coils, as well as amorphous ribbons; and manufactures transformers with capacities ranging from single-phase 5 KVA to three-phase 10 MVA (medium power) units, as well as customized products. In addition, it offers engineering, procurement, and construction services for setting up electrical sub-stations. The company serves clients in power utilities, industrial conglomerates, infrastructure developers, and public sector enterprises. Mangal Electrical Industries Limited was founded in 1989 and is headquartered in Jaipur, Rajasthan.

₹246.90
▼ 0.28%
35Weak

Mkt Cap
₹681 Cr
P/E
15.1
P/B
1.2
Div Yield
0.00%
52W High
₹483.00
52W Low
₹206.26

Price & Volume

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Key Ratios

Market Cap (₹ cr)681.30
P/E15.05
P/B1.19
PEG0.31
ROE %7.30
ROCE %9.80
Debt / Equity0.08
EPS16.40
Revenue Growth %40.30
Profit Growth %49.50
Dividend Yield %0.00
Promoter Holding %74.79
FII Holding %4.15
DII Holding %—
Beta1.58

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

None of the 16 pattern scanners currently detects a setup on MEIL — signals appear here automatically when one forms (checked on every data refresh). The Trade Plan on the right always provides stop-loss and target levels regardless.

AVOIDConviction 62%

Why avoid

  • • Overall evidence is weak (AlgoScore 35/100)
  • • ROE: 7.3%
  • • ROCE: 9.8%
  • • RSI: 39
  • • MACD: bearish

Bull case

  • • Revenue growth: 40.3% YoY
  • • Profit growth: 49.5% YoY
  • • Debt/Equity: 0.08
  • • Liquidity: ₹4.6 cr avg turnover

Bear case

  • • ROE: 7.3%
  • • ROCE: 9.8%
  • • RSI: 39
  • • MACD: bearish

Key risks

  • • Elevated volatility / drawdown profile — size positions accordingly
  • • Momentum is fading versus the broader market
  • • ROE: 7.3%
  • • ROCE: 9.8%

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹246.90
Stop Loss
₹227.75
risk 7.8%
Target 1 (1.5R)
₹275.63
+11.6%
Target 2 (3R)
₹304.35
+23.3%
Support (20d)
₹230.05
Resistance (52w)
₹483.00
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹19.15/share
ATR (volatility)
₹15.20
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹15.20). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental75
Technical20
Momentum1
Risk (safety)41

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