10 lakh shares to unlock Monday in this Sunil Singhania-backed stock. Smallcap down 24% from IPO price

Mangal Electrical Industries’ shareholder lock-in is expected to end soon. This could see nearly ten lakh shares become available for trading. The company manufactures components for transformers. Its shares have seen a decline since its market debut. Anchor investors include Abakkus Diversified Alpha Fund and Societe Generale. The company reported a profit fall in its September quarter results.

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