Mangalam Global Enterprise Ltd

Stage 3 · Topping · week 7

As of 16 Oct 2026, Mangalam Global Enterprise is in Stage 3 — topping, where an uptrend loses steam, in week 7 (since 27 Aug 2026). It closed at ₹17.01, at its 52-week high and above its 200-day average, which is rising. In Materials, 34.1% of stocks are in Stage 2.

Mangalam Global Enterprise Limited, together with its subsidiaries, manufactures, trades, and imports of edible and non-edible oils, and agricultural products India and internationally. More about the company

₹17
+0.83% today
₹561 Cr · Small cap
Market Neutral — FadingMaterials 34.1% in Stage 2-2.9 pts / 20dCommodity Chemicals 50.0%-4.5 pts

Pro read

Pro

Our read

Topping — the uptrend is tiring

Setup score

—

Momentum

Accelerating ⇈

Edge

—

Is MGEL early, or has it already run? Pro answers that for every NSE stock, after every close.

₹2,999 · 12 months₹1,999 · 6 months
Loading price chart…
vs 52W High
0.0%
₹9.8 lo₹17 hi
Near 52W high — distribution zone
Stock is rolling over from its 52W high. Stage 3 distribution — new longs are high risk here.
Stage Maturity
Week 7
1w13w26w
Week 7 — distribution, avoid new longs
How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.
vs 200 DMA
21.2%
200 DMA: ₹14 · rising
Stock is losing its 200 DMA. Once lost, it confirms Stage 4 risk. This is a major red flag for existing holders.
Rel Volume
0.83x
vs 50-day avg
Volume spikes on down days during Stage 3 signal distribution — institutions are exiting. A clear warning to avoid new longs.
Trend Health
↗ ⇈
Accelerating · MA20 +2.1% vs MA50 -0.9% / 10d
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
+9.0%
3M
+3.1%
6M
+33.6%
YTD
+18.3%
1Y
-0.8%
Sector
Materials
↓ Peaking
Stage 2%
34.1%
20d Δ
-2.9pp
1M return
-1.6%
3M return
-2.6%
Sector Stage-2 % · last 20 days
Sector has 153 Stage 2 leaders. See Materials Stage 2 →
Industry
Commodity Chemicals
↓ Peaking
Stage 2%
50.0%
20d Δ
-4.5pp
1M return
+3.0%
3M return
+3.1%
Industry Stage-2 % · last 20 days
Industry has 33 Stage 2 leaders. See Commodity Chemicals Stage 2 →
Stage Cycle Timeline2023-07-20 → 2026-10-16
S4 20w
S2 19w
S3 14w
S2 18w
S2 15w
S4 18w
2023-07-202026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S4 20w → S1 9w → S2 10w → S3 5w → S2 19w → S3 14w → S2 18w → S3 7w → S2 15w → S3 9w → S4 18w → S1 7w → S2 10w → S3 7w current
Total tracked: 169 weeks across 14 stage runs.
Scan Membership
Breakout Watch
Latest: 2026-06-17
5 appearances in last 60 days. First seen: 2024-02-09.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding — staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-16S3
Wk 7 · Vol 0.83x
2026-10-15S3
Wk 7 · Vol 0.97x
2026-10-14S3
Wk 7 · Vol 0.37x
2026-10-13S3
Wk 7 · Vol 0.36x
2026-10-12S3
Wk 7 · Vol 0.65x
2026-10-09S3
Wk 6 · Vol 0.13x
2026-10-08S3
Wk 6 · Vol 0.37x
2026-10-07S3
Wk 6 · Vol 0.07x
2026-10-06S3
Wk 6 · Vol 0.64x
2026-10-05S3
Wk 6 · Vol 0.20x
2026-10-01S3
Wk 5 · Vol 0.50x
2026-09-30S3
Wk 5 · Vol 0.26x
Sector Peers — Stage 2All →
OCCLLTD
wk 17 · -16.3% from hi
9.0
MUKANDLTD
wk 21 · -7.5% from hi
8.9
SUNFLAG
wk 3 · -9.3% from hi
8.8
CUBEXTUB
wk 2 · 0.0% from hi
8.7
NRL
wk 17 · 0.0% from hi
8.6
Moving averages & range
50 DMA
₹15.3
200 DMA
₹14
52W High
₹17
52W Low
₹9.8
5D Low
₹15.8
Resistance levels (recent highs)
20d High
₹17
60d High
₹17
120d High
₹17
250d High
₹17
Next resistance
Above all
Ask the Market AI about MGELAsk →
P/E (TTM)
10.0
Forward —
Earnings Growth (YoY)
+138.6%
Revenue +98.2%
ROE
+20.1%
Profit margin +1.3%
Dividend Yield
0.07%
P/B 2.1
About this companyMaterials· Commodity Chemicals

Mangalam Global Enterprise Limited, together with its subsidiaries, manufactures, trades, and imports of edible and non-edible oils, and agricultural products India and internationally. It offers soya oil, soya meal, soya de oiled cake, mustard oil, mustard meal, mustard de oiled cake, refined castor oil first special grade, castor de- oiled cake and high protein castor de-oiled cake, cotton bales, cotton cake cattle feed, and cotton wash oil. The company also provides other agro commodities, other merchandise, and agency services, as well as processes wheat and rice. In addition, it offers refined soyabean oil, refined vegetable oil, and pungent mustard oil under the LAGNAM brand name. The company also exports its products. The company was formerly known as Mangalam Global Enterprise Private Limited and changed its name to Mangalam Global Enterprise Limited in September 2019. Mangalam Global Enterprise Limited was founded in 1942 and is based in Ahmedabad, India.

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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.