Bengaluru, April 20 -- The shares of this company process transformer components such as laminations, CRGO slit coils, amorphous cores, coil/core assemblies, wound cores, and etc are in the spotlight after it rose by 5% in today's market session following the renewal of its manufacturer approval from Power Grid Corporation of India Ltd.

With a market capitalisation of Rs. 869 cr, the shares of Mangal Electrical Industries Ltd were trading at Rs. 314.55 per share, jumping 5% in today's market session, making a high of Rs. 316.75, up from its previous close of Rs. 302.30 per share.

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Mangal Electrical Industries Ltd has received a renewal of its manufacturer approval from Power Grid Corporation of India Ltd. This approval e...