Magna Electrocas

Market Cap: Micro Cap
Industry: Castings/Forgings
ISIN: INE437D01010
NSEID:
BSEID: 517449

INR

894.00

20 (2.29%)

BSENSE

Apr 11, 12:51 PM

BSE+NSE Vol: 1.27 k

{
  "main_header": {
    "sid": 345643,
    "name": "Magna Electrocas",
    "stock_name": "Magna Electrocas",
    "full_name": "Magna Electro Castings Ltd",
    "name_url": "stocks-analysis/magna-electrocas",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "894.00",
    "chg": 20,
    "chgp": "2.29%",
    "dir": 1,
    "prev_price": "874.00",
    "mcapval": "370.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 517449,
    "symbol": "",
    "ind_name": "Castings/Forgings",
    "ind_code": 38,
    "isin": "INE437D01010",
    "curr_date": "Apr 11, 12:51 PM",
    "curr_time": "01:02 AM",
    "bse_nse_vol": "1.27 k",
    "exc_status": "Active",
    "traded_date": "Apr 11, 2025",
    "traded_date_str": "2025 04 11",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-registerF-score-header",
    "is_blur_url": "https://sandbox-www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/magna-electrocas-345643-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Magna Electro Castings Adjusts Valuation Amidst Steady Financial Performance Metrics",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/magna-electro-castings-downgraded-to-hold-amid-valuation-shift-and-stock-price-decline-1636993",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/MagnaElectroCas_mojoScore_830667.png",
        "date": "2025-03-28 08:02:44",
        "description": "Magna Electro Castings has recently experienced a change in its evaluation score, now rated as fair. Key financial metrics include a PE ratio of 16.95, a Price to Book Value of 3.50, and a PEG ratio of 0.27, indicating a favorable growth outlook. The company shows strong performance with a 20.66% return on equity."
      },
      {
        "title": "Magna Electro Castings Adjusts Valuation Grade Amid Competitive Market Landscape",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/magna-electro-castings-valuation-grade-downgraded-from-attractive-to-fair-amid-stock-fluctuations-1636918",
        "imagepath": "",
        "date": "2025-03-28 08:00:14",
        "description": "Magna Electro Castings has recently undergone a valuation adjustment, reflecting its current financial standing within the castings and forgings industry. The company exhibits a price-to-earnings ratio of 16.95 and a price-to-book value of 3.50, indicating its market valuation relative to its earnings and assets. Additionally, Magna's enterprise value to EBITDA stands at 10.81, while its enterprise value to sales is recorded at 2.13.\n\nIn terms of profitability, Magna demonstrates strong performance metrics with a return on capital employed (ROCE) of 22.13% and a return on equity (ROE) of 20.66%. The company also offers a dividend yield of 0.56%, which may appeal to certain investors.\n\nWhen compared to its peers, Magna Electro Castings shows a competitive edge in certain financial metrics. For instance, while its price-to-earnings ratio is lower than that of Nelcast, which is rated more favorably, it remains..."
      },
      {
        "title": "Magna Electro Castings Reports Strong Financial Growth Amidst Stability Concerns",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/magna-electro-castings-reports-58-63-pat-growth-and-23-37-increase-in-net-sales-1400849",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/MagnaElectroCas_mojoScore_681127.png",
        "date": "2025-03-17 10:31:07",
        "description": "Magna Electro Castings has recently adjusted its evaluation, reflecting strong financial performance in Q3 FY24-25. The company reported a profit after tax of Rs 11.58 crore, with net sales reaching Rs 88.78 crore. It maintains a low debt-to-equity ratio and has generated significant returns over the past year."
      },
      {
        "title": "Magna Electro Castings Adjusts Valuation Grade Amid Competitive Industry Landscape",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/magna-electro-castings-valuation-grade-upgraded-from-fair-to-attractive-amid-strong-stock-performance-1399090",
        "imagepath": "",
        "date": "2025-03-17 08:00:16",
        "description": "Magna Electro Castings has recently undergone a valuation adjustment, reflecting its current financial metrics and market position within the castings and forgings industry. The company reports a price-to-earnings (P/E) ratio of 15.31 and an enterprise value to EBITDA ratio of 9.69, indicating a competitive standing in its sector. Additionally, Magna's PEG ratio stands at 0.24, suggesting a favorable growth outlook relative to its earnings.\n\nThe company's return on capital employed (ROCE) is notably high at 22.13%, while its return on equity (ROE) is recorded at 20.66%, showcasing effective management and profitability. Magna's dividend yield is at 0.62%, providing a modest return to shareholders.\n\nIn comparison to its peers, Magna Electro Castings maintains a strong position, particularly against companies like Nelcast and Pradeep Metals, which also exhibit attractive valuations. However, other competitors..."
      },
      {
        "title": "Magna Electro Castings Reports Strong Half-Year Growth Amid Stable Financial Structure",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/magna-electro-castings-downgraded-to-hold-despite-strong-financial-performance-1228794",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/MagnaElectroCas_mojoScore_617710.png",
        "date": "2025-03-07 08:02:21",
        "description": "Magna Electro Castings has recently adjusted its evaluation following a strong financial performance in Q3 FY24-25. The company reported a profit after tax of Rs 11.58 crore and net sales of Rs 88.78 crore, reflecting significant growth. Its low debt-to-equity ratio indicates a stable financial structure."
      },
      {
        "title": "Magna Electro Castings Adjusts Valuation Amid Strong Growth and Competitive Landscape",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/magna-electro-castings-valuation-grade-downgraded-from-attractive-to-fair-amid-stock-growth-1229778",
        "imagepath": "",
        "date": "2025-03-07 08:00:43",
        "description": "Magna Electro Castings, a microcap player in the castings and forgings industry, has recently undergone a valuation adjustment. The company's current price stands at 905.95, reflecting a notable increase from the previous close of 824.00. Over the past year, Magna has demonstrated significant growth, with a stock return of 101.01%, far surpassing the Sensex's return of 0.34% during the same period.\n\nKey financial metrics for Magna include a PE ratio of 17.12 and an EV to EBITDA ratio of 10.92, which position it competitively within its sector. The company also boasts a robust return on capital employed (ROCE) of 22.13% and a return on equity (ROE) of 20.66%, indicating strong operational efficiency.\n\nIn comparison to its peers, Magna's valuation metrics reveal a diverse landscape. For instance, Nelcast is noted for its attractive valuation, while several other competitors, such as Synergy Green and Uni Abex..."
      },
      {
        "title": "Magna Electro Castings Ltd Experiences Significant Buying Surge and Price Milestones",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/magna-electro-castings-ltd-surges-9-95-achieves-12-46-gain-over-two-days-amid-strong-demand-1219553",
        "imagepath": "",
        "date": "2025-03-06 14:20:07",
        "description": "Magna Electro Castings Ltd is witnessing a notable surge in buying activity, with the stock rising by 9.95% today, significantly outperforming the Sensex, which gained only 0.68%. Over the past two days, Magna has recorded consecutive gains, accumulating a total return of 12.46%. The stock opened with a gap up of 3.76% and reached an intraday high of Rs 894, reflecting an increase of 8.5% during the trading session.\n\nIn terms of performance metrics, Magna Electro Castings has shown impressive results over the past year, with a remarkable 101.01% increase compared to the Sensex's modest 0.20% rise. The stock has also demonstrated strong long-term growth, with a staggering 687.78% increase over the past decade, far exceeding the Sensex's 152.08% gain in the same period.\n\nThe current buying pressure may be attributed to positive sentiment in the Castings/Forgings sector, which has gained 2.4%. Additionally, Ma..."
      },
      {
        "title": "Magna Electro Castings Reports Strong Q3 FY24-25 Growth Amid Positive Financial Trends",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/magna-electro-castings-reports-58-63-pat-growth-in-q3-fy24-25-results-751391",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/2/MagnaElectroCas_mojoScore_370244.png",
        "date": "2025-02-05 18:48:26",
        "description": "Magna Electro Castings has recently adjusted its evaluation, reflecting a strong financial performance in Q3 FY24-25. The company reported a profit after tax of Rs 11.58 crore and net sales of Rs 88.78 crore for the half-year, supported by a low debt-to-equity ratio and consistent positive results."
      },
      {
        "title": "Magna Electro Castings Reports Strong Sales Growth Amid Profitability Challenges for Q4 2024",
        "link": "https://www.marketsmojo.com/news/result-analysis/magna-electro-castings-reports-q3-fy-2024-25-net-sales-of-rs-88-78-crore-746579",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/2/MagnaElectroCas_quaterlyResult_348731.png",
        "date": "2025-02-04 14:32:42",
        "description": "Magna Electro Castings has announced its financial results for the quarter ending December 2024, showcasing a significant rise in net sales to Rs 88.78 crore, up 23.37% year-on-year. However, the company faced challenges with declines in both profit before tax and profit after tax compared to previous averages."
      }
    ],
    "total": 87,
    "sid": "345643",
    "stock_news_url": "https://sandbox-www.marketsmojo.com/news/magna-electro-castings-345643"
  },
  "announcements": [
    {
      "caption": "Change In Senior Management",
      "datetime": "07-Apr-2025",
      "details": "Please find enclosed intimation regarding change in Senior Management.",
      "source": "BSE"
    },
    {
      "caption": "Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018",
      "datetime": "03-Apr-2025",
      "details": "Attached Certificate under Regulation 74(5) of the SEBI (DP) Regulations 2018.",
      "source": "BSE"
    },
    {
      "caption": "Closure of Trading Window",
      "datetime": "27-Mar-2025",
      "details": "Intimation of Trading Window Closure for declaration of audited financial results of the Company for the quarter and year ending 31st March 2025.",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Magna Electro Castings Ltd has declared <strong>50%</strong> dividend, ex-date: 09 Aug 24",
          "dt": "2024-08-09",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Magna Electro Castings Adjusts Valuation Amidst Steady Financial Performance Metrics

2025-03-28 08:02:44

Magna Electro Castings has recently experienced a change in its evaluation score, now rated as fair. Key financial metrics include a PE ratio of 16.95, a Price to Book Value of 3.50, and a PEG ratio of 0.27, indicating a favorable growth outlook. The company shows strong performance with a 20.66% return on equity.

Magna Electro Castings Adjusts Valuation Grade Amid Competitive Market Landscape

2025-03-28 08:00:14

Magna Electro Castings has recently undergone a valuation adjustment, reflecting its current financial standing within the castings and forgings industry. The company exhibits a price-to-earnings ratio of 16.95 and a price-to-book value of 3.50, indicating its market valuation relative to its earnings and assets. Additionally, Magna's enterprise value to EBITDA stands at 10.81, while its enterprise value to sales is recorded at 2.13. In terms of profitability, Magna demonstrates strong performance metrics with a return on capital employed (ROCE) of 22.13% and a return on equity (ROE) of 20.66%. The company also offers a dividend yield of 0.56%, which may appeal to certain investors. When compared to its peers, Magna Electro Castings shows a competitive edge in certain financial metrics. For instance, while its price-to-earnings ratio is lower than that of Nelcast, which is rated more favorably, it remains...

Magna Electro Castings Reports Strong Financial Growth Amidst Stability Concerns

2025-03-17 10:31:07

Magna Electro Castings has recently adjusted its evaluation, reflecting strong financial performance in Q3 FY24-25. The company reported a profit after tax of Rs 11.58 crore, with net sales reaching Rs 88.78 crore. It maintains a low debt-to-equity ratio and has generated significant returns over the past year.

Magna Electro Castings Adjusts Valuation Grade Amid Competitive Industry Landscape

2025-03-17 08:00:16

Magna Electro Castings has recently undergone a valuation adjustment, reflecting its current financial metrics and market position within the castings and forgings industry. The company reports a price-to-earnings (P/E) ratio of 15.31 and an enterprise value to EBITDA ratio of 9.69, indicating a competitive standing in its sector. Additionally, Magna's PEG ratio stands at 0.24, suggesting a favorable growth outlook relative to its earnings. The company's return on capital employed (ROCE) is notably high at 22.13%, while its return on equity (ROE) is recorded at 20.66%, showcasing effective management and profitability. Magna's dividend yield is at 0.62%, providing a modest return to shareholders. In comparison to its peers, Magna Electro Castings maintains a strong position, particularly against companies like Nelcast and Pradeep Metals, which also exhibit attractive valuations. However, other competitors...

Magna Electro Castings Reports Strong Half-Year Growth Amid Stable Financial Structure

2025-03-07 08:02:21

Magna Electro Castings has recently adjusted its evaluation following a strong financial performance in Q3 FY24-25. The company reported a profit after tax of Rs 11.58 crore and net sales of Rs 88.78 crore, reflecting significant growth. Its low debt-to-equity ratio indicates a stable financial structure.

Magna Electro Castings Adjusts Valuation Amid Strong Growth and Competitive Landscape

2025-03-07 08:00:43

Magna Electro Castings, a microcap player in the castings and forgings industry, has recently undergone a valuation adjustment. The company's current price stands at 905.95, reflecting a notable increase from the previous close of 824.00. Over the past year, Magna has demonstrated significant growth, with a stock return of 101.01%, far surpassing the Sensex's return of 0.34% during the same period. Key financial metrics for Magna include a PE ratio of 17.12 and an EV to EBITDA ratio of 10.92, which position it competitively within its sector. The company also boasts a robust return on capital employed (ROCE) of 22.13% and a return on equity (ROE) of 20.66%, indicating strong operational efficiency. In comparison to its peers, Magna's valuation metrics reveal a diverse landscape. For instance, Nelcast is noted for its attractive valuation, while several other competitors, such as Synergy Green and Uni Abex...

Magna Electro Castings Ltd Experiences Significant Buying Surge and Price Milestones

2025-03-06 14:20:07

Magna Electro Castings Ltd is witnessing a notable surge in buying activity, with the stock rising by 9.95% today, significantly outperforming the Sensex, which gained only 0.68%. Over the past two days, Magna has recorded consecutive gains, accumulating a total return of 12.46%. The stock opened with a gap up of 3.76% and reached an intraday high of Rs 894, reflecting an increase of 8.5% during the trading session. In terms of performance metrics, Magna Electro Castings has shown impressive results over the past year, with a remarkable 101.01% increase compared to the Sensex's modest 0.20% rise. The stock has also demonstrated strong long-term growth, with a staggering 687.78% increase over the past decade, far exceeding the Sensex's 152.08% gain in the same period. The current buying pressure may be attributed to positive sentiment in the Castings/Forgings sector, which has gained 2.4%. Additionally, Ma...

Magna Electro Castings Reports Strong Q3 FY24-25 Growth Amid Positive Financial Trends

2025-02-05 18:48:26

Magna Electro Castings has recently adjusted its evaluation, reflecting a strong financial performance in Q3 FY24-25. The company reported a profit after tax of Rs 11.58 crore and net sales of Rs 88.78 crore for the half-year, supported by a low debt-to-equity ratio and consistent positive results.

Magna Electro Castings Reports Strong Sales Growth Amid Profitability Challenges for Q4 2024

2025-02-04 14:32:42

Magna Electro Castings has announced its financial results for the quarter ending December 2024, showcasing a significant rise in net sales to Rs 88.78 crore, up 23.37% year-on-year. However, the company faced challenges with declines in both profit before tax and profit after tax compared to previous averages.