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  4. MANGALAM ALLOYS LTD.
Mangalam Alloys Ltd.
NSE: MAL

Mangalam Alloys Live Share Price Today, Share Analysis and Chart

aboutMangalam Alloys Ltd. (MAL) is an integrated stainless steel and special alloy manufacturing company. Operating from its facilities in Gujarat, the company manages a comprehensive production cycle from melting scrap to producing value-added stainless ... Read More
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4,800
NSE Volume

NSE 27 Oct, 2026 3:31 PM (IST)

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Mangalam Alloys Stock Price Analysis

Day Price Range

0.5% 1 Day return
32.2 (LTP)
3232.5
LowHigh

Week Price Range

-2.0% 1 Week return
32.2 (LTP)
3232.8
LowHigh

Month Price Range

-21.6% 1 Month return
32.2 (LTP)
3241.5
LowHigh

52 Week Price Range

-38.5% 1 Year return
32.2 (LTP)
2958
LowHigh

Mangalam Alloys Technical Analysis

Mangalam Alloys EMA & SMA

Bearish-8
0 bullish, 8 bearish
Bullish0
Bearish8
5 Day33.1
10 Day34.5
12 Day35.0
20 Day36.2
26 Day36.6
50 Day36.7
100 Day37.0
200 Day39.4

Mangalam Alloys Delivery And Volume

Daily Avg. Delivery Volume %
27 Oct, 2026100.0%
Week100.0%
Month97.2%
Legend
Positive IndicatorNeutral IndicatorNegative Indicator

Mangalam Alloys Resistance and Support

32.22
Pivot
First Resistance32.4
Second Resistance32.7
Third Resistance32.9
First Support31.9
Second Support31.7
Third Support31.4
Day RSI33
Day MACD-1.6
Day MFI12.2
Day MACD Signal Line-0.7

Mangalam Alloys Beta

1 Month-0.7
1 Year-0.2
3 Month0.3
3 Year-

Mangalam Alloys Price Change Analysis

↓-21.6%
Over 1 Month
LowHigh
3241.5
↓-3.6%
Over 3 Months
LowHigh
29.151.1
↓-16.7%
Over 6 Months
LowHigh
29.051.1
↓-38.5%
Over 1 Year
LowHigh
29.058

Mangalam Alloys Shareholding Pattern/ Ownership

Shareholding Summary

Sep 2026
 
NameCategorySharesShares %
Tushar Uttamchand MehtaPromoter6,250,19925.3 %
AemlPublic1,375,0005.6 %

HISTORICAL PROMOTER HOLDING

HISTORICAL FII HOLDING

HISTORICAL MF HOLDING

Mangalam Alloys Deals - Insider, Bulk, Block and SAST

Client NameDeal TypeActionDateAvg. PriceQuantityExchange
URMILA JAYANTILAL SANGHVIBulkSell20 Mar 202632.20216,000NSE
PUNEET JAYANTILAL SANGHVIBulkPurchase20 Mar 202632.20216,000NSE
MANJULA HOSHIYAR SANGHVIBulkSell17 Mar 202631.80214,400NSE
PURAN JAYANTI SANGHAVIBulkPurchase17 Mar 202631.80214,400NSE
SOMANI VENTURES AND INNOVATIONS LIMITEDBulkPurchase23 Oct 202355.51176,000NSE
BARUN MOREBulkSell11 Oct 202359.50328,000NSE
SOMANI VENTURES AND INNOVATIONS LIMITEDBulkPurchase11 Oct 202359.50302,400NSE
MULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITEDBulkPurchase11 Oct 202358.85228,800NSE
SOMANI VENTURES AND INNOVATIONS LIMITEDBulkPurchase04 Oct 202380396,800NSE

Mangalam Alloys Corporate Actions

Mangalam Alloys Board Meetings

Mangalam Alloys past and upcoming board meetings.

#Ex-Date
PurposeNotes
129 May 2026
Audited Results & OthersTo consider other business matters
213 Nov 2025
Quarterly Results & OthersTo consider other business matters
315 Oct 2025
OthersTo consider, 1. Acknowledgement of the resignation of Mr. Uttamchand Chandanmal Mehta 2. To appoint Mrs. Megha Tushar Mehta (DIN: 07195005) as an additional Director (Executive) of the company.
430 May 2025
Audited Results & OthersTo consider other business matters.
514 Nov 2024
Quarterly Results & OthersTo consider other business matters.

Mangalam Alloys DocumentsAsk MarketMind AI

Mangalam Alloys Credit Ratings

Mangalam Alloys credit ratings from CRISIL and leading rating agencies, assessing financial stability, investment grade, and related PDF documentation.

DateRating AgencyCompany NameDescriptionLinks
09 Jul 2025brickwork ratingsMangalam Alloys Ltd.Issuer did not cooperate; Based on best available information; Outstanding Ratings are Reaffirmed and Withdrawn;
08 Jun 2025brickwork ratingsMangalam Alloys Ltd.Issuer did not cooperate; Based on best available information; Long Term Rating Continues to be in ISSUER NOT COOPERATING* category/Downgraded to BWR BB -; Short Term Continues to be in ISSUER NOT COOPERATING* category/Reaffirmed;
11 May 2025brickwork ratingsMangalam Alloys Ltd.Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
08 May 2025brickwork ratingsMangalam Alloys Ltd.Issuer did not cooperate; Based on best available information; Rating moved to Not Reviewed Advisory;
07 May 2024brickwork ratingsMangalam Alloys Ltd.Issuer did not cooperate; Based on best available information; Outstanding Ratings Downgraded;

Mangalam Alloys - Company Profile

Mangalam Alloys Management Structure

Mangalam Alloys management structure with salaries, total experience, and qualifications.

NAMEDESIGNATIONGROSS REMUNERATION ₹(LAC)AS OFHISTORY & DETAILS
Megha Tushar MehtaExecutive Director,Chief Financial Officer-Mar 26
Mr. Bhavesh SutharExecutive(Human Resources)-Mar 26

Mangalam Alloys Board of Directors

Mangalam Alloys Board of directors with salaries, total experience, and qualifications.

NAMEPOSITIONGROSS REMUNERATION ₹(LAC)AS OFHISTORY & DETAILS
UTTAMCHAND CHANDANMAL MEHTAChairman & Exec. Director-Mar 25
Tushar Uttamchand MehtaED / MD / Promoter-Mar 25
PUSHPA UTTAMCHAND MEHTANon Executive Director-Mar 25
Madhusoodan Hariram KallaIndependent Non Exe. Director-Mar 25
SARAT CHANDRA PRADHANIndependent Non Exe. Director-Mar 25
SONAM PANDEYCompany Sec. & Compli. Officer-Mar 25

About the company - Business Profile

Mangalam Alloys Ltd. (MAL) is an integrated stainless steel and special alloy manufacturing company. Operating from its facilities in Gujarat, the company manages a comprehensive production cycle from melting scrap to producing value-added stainless steel products such as bright bars, ingots, and various profiles. MAL serves diverse industries including oil and gas, defense, aerospace, and general engineering, positioning itself as a provider of high-grade specialized steel solutions.

Key Points

  • Key Facts:
    • Founded: Incorporated in 1988.
    • Headquarters: Ahmedabad, Gujarat, India.
    • Stock Listing: Listed on the NSE SME platform (September 2023).
    • Core Products: Stainless steel ingots, round bars, bright bars, angles, flats, and forging quality ingots.
  • Operations and Resources:
    • The company operates a fully integrated manufacturing unit in Santej, Gujarat.
    • The facility includes an Electric Arc Furnace (EAF), Induction Furnace, AOD Converter, Rolling Mill, and a Bright Bar unit.
    • Integration allows for the production of over 300 grades of stainless steel and special alloys.
  • Market and Significance:
    • The company caters to sectors with high performance requirements such as defense, marine, and petrochemicals.
    • Strategic focus is on import substitution by producing high-grade stainless steel that was traditionally sourced from international markets.
  • Business Model:
    • MAL operates an integrated manufacturing model, converting raw material (scrap/ferroalloys) into semi-finished (ingots) and finished (bright bars) products.
    • Its competitive advantage lies in its ability to produce specialized custom grades and provide small-batch customization for specific engineering needs.
  • Revenue Breakdown (FY 2024-25):
    • The company reported a total revenue of approximately ₹260 crore to ₹310 crore annually, with a focus on value-added bright bars contributing a significant portion of the top line.
    • Geographical Reach: Primarily domestic sales within India, with a growing export presence in markets across Europe and Southeast Asia.
  • Technology and Innovation:
    • Implementation of AOD (Argon Oxygen Decarburization) refining to ensure low carbon content and high purity in stainless steel grades.
    • The testing laboratory is equipped with spectrometer and ultrasonic testing to meet international quality standards for critical applications like aerospace.
  • Employee Count and Trends:
    • The company maintains a workforce of over 350 employees, with hiring focused on technical engineering roles to support expanded melting capacities.
  • Strategic Initiatives and Outlook:
    • Capacity Expansion: Recent investments have been directed toward increasing the melting capacity and upgrading the rolling mill to produce larger diameter bars.
    • Forward Integration: Increasing the share of value-added products like cold-finished bright bars to improve overall EBITDA margins.
    • Sustainability: Installation of solar power units to offset energy costs and reduce the carbon footprint of its melting operations.

References

  1. Annual Report Mar 2025
  2. Investor Presentation Nov 2025
  3. Investor Presentation Feb 2026

Mangalam Alloys FAQ

Mangalam Alloys today is trading in the green, up by 0.47% at ₹32.15.
Mangalam Alloys is currently trading up 0.47% on an intraday basis. In the past week the stock fell 1.98%. Stock has been down 3.6% in the past quarter and fell 38.47% in the past year. You can view this in the share price history/seasonality section.
Mangalam Alloys is listed on NSE with the ticker MAL. It's currently trading on NSE at a share price of ₹32.15.
The market cap of Mangalam Alloys is ₹79.37 Cr. as of Oct 27, 2026.
Mangalam Alloys has never announced any dividend since the time of its listing on the NSE exchange.
Mangalam Alloys has never issued stock splits or bonus shares since the time of its listing on the NSE exchange.
Mangalam Alloys reported ₹441.31 Cr. in revenue, ₹14.68 Cr. in net profit, and ₹58.07 Cr. in EBITD as of Mar 31, 2026 for FY25-26.
There are no analyst predictions for stock price target for Mangalam Alloys.
The PE ratio of Mangalam Alloys is 5.41 as of Oct 27, 2026.
The PB ratio of Mangalam Alloys is 0.5 as of Oct 27, 2026.
There are no analyst reports for Mangalam Alloys.
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