Mangal Electrical Industries Ltd

Stage 4 · Declining · week 13

As of 16 Oct 2026, Mangal Electrical Industries is in Stage 4 — declining, a downtrend, in week 13 (since 22 Jul 2026). It closed at ₹280, 42.2% below its 52-week high and below its 200-day average, which is falling. In Utilities, 9.7% of stocks are in Stage 2.

Mangal Electrical Industries Limited manufactures and trades in electrical transformers, cold rolled grain oriented (CRGO) electrical steel, electrical accessories, and other related products under th… More about the company

₹280.2
-1.11% today
₹774 Cr · Small cap
Market Neutral — FadingUtilities 9.7% in Stage 2-4.8 pts / 20dPower Infrastructure 28.6%0.0 pts

Pro read

Pro

Our read

Declining — below its long-term trend

Setup score

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Momentum

Steady

Edge

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₹2,999 · 12 months₹1,999 · 6 months
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vs 52W High
-42.2%
₹208.5 lo₹485.1 hi
42.2% below 52W high — deep Stage 4 damage
In Stage 4, distance from the 52W high reflects ongoing decline — not a discount. Avoid catching falling knives.
Stage Maturity
Week 13
1w13w26w
Week 13 — established downtrend
How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure — there's no 'bottom' time to buy.
vs 200 DMA
-3.0%
200 DMA: ₹289 · sloping down
In Stage 4, the stock is below its 200 DMA — the hallmark of a downtrend. No long positions warranted until this reverses structurally.
Rel Volume
0.39x
vs 50-day avg
High volume on down days in Stage 4 confirms institutional selling. Low volume bounces are typical — they lack real buyers and should not be mistaken for reversals.
Trend Health
↓
MA20 rolling over · -1.2% vs MA50 -3.1%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
+4.3%
3M
-5.9%
6M
-3.4%
YTD
-25.3%
1Y
-37.6%
Sector
Utilities
↓ Peaking
Stage 2%
9.7%
20d Δ
-4.8pp
1M return
-2.2%
3M return
-10.5%
Sector Stage-2 % · last 20 days
Sector has 6 Stage 2 leaders. See Utilities Stage 2 →
Industry
Power Infrastructure
→ Flat
Stage 2%
28.6%
20d Δ
+0.0pp
1M return
+1.3%
3M return
-16.9%
Industry Stage-2 % · last 20 days
Industry has 2 Stage 2 leaders. See Power Infrastructure Stage 2 →
Stage Cycle Timeline2025-08-28 → 2026-10-16
S? 42w
S4 12w
2025-08-282026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S? 42w → S1 5w → S4 12w current
Total tracked: 59 weeks across 3 stage runs.
Scan Membership
Not in any current scan.
Recent Stage Timeline
2026-10-16S4
Wk 13 · Vol 0.39x
2026-10-15S4
Wk 12 · Vol 0.25x
2026-10-14S4
Wk 12 · Vol 1.21x
2026-10-13S4
Wk 12 · Vol 0.60x
2026-10-12S4
Wk 12 · Vol 0.59x
2026-10-09S4
Wk 12 · Vol 33.97x
2026-10-08S4
Wk 11 · Vol 0.47x
2026-10-07S4
Wk 11 · Vol 0.70x
2026-10-06S4
Wk 11 · Vol 0.77x
2026-10-05S4
Wk 11 · Vol 0.41x
2026-10-01S4
Wk 11 · Vol 0.59x
2026-09-30S4
Wk 10 · Vol 0.28x
Sector Peers — Stage 2All →
QPOWER
wk 9 · -11.8% from hi
5.8
KPIL
wk 20 · -6.5% from hi
4.8
GIPCL
wk 16 · -18.6% from hi
4.4
UEL
wk 10 · -30.7% from hi
4.4
SKIPPER
wk 19 · -12.9% from hi
3.9
Moving averages & range
50 DMA
₹275.1
200 DMA
₹289
52W High
₹485.1
52W Low
₹208.5
5D Low
₹270.6
Resistance levels (recent highs)
20d High
₹283.6
60d High
₹304.3
120d High
₹346.6
250d High
₹485.1
Next resistance
+1.2%
to 20d High
Ask the Market AI about MEILAsk →
P/E (TTM)
18.7
Forward —
Earnings Growth (YoY)
-31.2%
Revenue +18.9%
ROE
+11.5%
Profit margin +7.4%
About this companyUtilities· Power Infrastructure

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.

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All analytics based on EOD data. Data as of 2026-10-16. Past data patterns are not indicative of future results. This page is a data analytics tool only.