Magna Electrocas

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

INR

915.35

-27.65 (-2.93%)

BSENSE

Dec 05

BSE+NSE Vol: 394

{
  "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": "915.35",
    "chg": -27.65,
    "chgp": "-2.93%",
    "dir": -1,
    "prev_price": "943.00",
    "mcapval": "399.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 517449,
    "symbol": "",
    "ind_name": "Castings & Forgings",
    "ind_code": 38,
    "indexname": "",
    "isin": "INE437D01010",
    "curr_date": "Dec 05",
    "curr_time": "",
    "bse_nse_vol": "394 ",
    "exc_status": "Active",
    "traded_date": "Dec 05, 2025",
    "traded_date_str": "2025 12 05",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
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  "news": {
    "results": [
      {
        "title": "Why is Magna Electrocas falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-magna-electrocas-fallingrising-3749477",
        "imagepath": "",
        "date": "2025-12-06 01:13:56",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Recent Price Movement and Market Context</strong></p>\n<p>Magna Electro Castings experienced a decline of ₹27.65 on the day, with the stock touching an intraday high of ₹964.8, up 2.31%, but also dipping to a low of ₹891, down 5.51%. The weighted average price indicates that a larger volume of shares traded closer to the day's low, signalling selling pressure as the session progressed. This downward momentum is further underscored by the stock trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically suggests a bearish trend in the short to long term.</p>\n<p><strong>Comparative Performance Against Benchmarks</strong></p>\n<p>Over the past week, Magna Electro Castings has declined by 4.72%, while the Sensex remained virtually flat..."
      },
      {
        "title": "Magna Electrocas Sees Revision in Market Evaluation Amidst Mixed Financial Signals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/magna-electrocas-downgraded-to-sell-by-marketsmojo-amid-declining-fundamentals-3741359",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/MagnaElectrocas_mojoScore_3741359.png",
        "date": "2025-12-02 10:09:05",
        "description": "Magna Electrocas has experienced a revision in its market evaluation, reflecting a shift in analytical perspective driven by recent financial and technical developments. The company, operating within the Castings & Forgings sector, now faces a more cautious market assessment following a period of subdued financial performance and technical indicators."
      },
      {
        "title": "Is Magna Electrocas overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-magna-electrocas-overvalued-or-undervalued-3734500",
        "imagepath": "",
        "date": "2025-11-28 08:10:38",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Valuation Metrics in Context</strong></p>\n<p>Magna Electrocas currently trades at a price-to-earnings (PE) ratio of approximately 18.6, which is moderate when compared to its industry peers. The price-to-book (P/B) value stands at 2.91, indicating that the market values the company at nearly three times its book value. The enterprise value to EBITDA (EV/EBITDA) ratio is 11.77, suggesting a reasonable valuation relative to earnings before interest, tax, depreciation, and amortisation.</p>\n<p>These multiples are complemented by a return on capital employed (ROCE) of 20.5% and a return on equity (ROE) of 15.7%, both of which reflect efficient capital utilisation and profitability. The dividend yield is modest at 0.63%, signalling that the company prioritises reinvestment over high dividend payo..."
      },
      {
        "title": "Is Magna Electrocas overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-magna-electrocas-overvalued-or-undervalued-3713558",
        "imagepath": "",
        "date": "2025-11-19 08:08:09",
        "description": "As of 18 November 2025, the valuation grade for Magna Electrocas has moved from attractive to fair. The company appears to be fairly valued at this time. Key ratios include a PE ratio of 19.50, an EV to EBITDA of 12.36, and a ROCE of 20.50%. \n\nIn comparison to peers, Bharat Forge has a significantly higher PE ratio of 61.77 and an EV to EBITDA of 26.44, indicating it is overvalued, while CIE Automotive is attractive with a PE of 20.1 and an EV to EBITDA of 11.93. Magna Electrocas has shown a strong performance with a year-to-date return of 11.83%, outperforming the Sensex's 8.36% during the same period...."
      },
      {
        "title": "Why is Magna Electrocas falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-magna-electrocas-fallingrising-3708287",
        "imagepath": "",
        "date": "2025-11-17 22:11:37",
        "description": "As of 17-Nov, Magna Electro Castings Ltd is experiencing a decline in its stock price, currently at 983.50, reflecting a decrease of 0.6 or 0.06%. The stock has been underperforming recently, having fallen for the last three consecutive days, resulting in a total drop of 2.88% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock's performance over the past week shows a decline of 2.02%, while it has gained 4.61% over the past month. However, its year-to-date return remains positive at 9.77%. Notably, investor participation has decreased significantly, with delivery volume dropping by 52.7% compared to the 5-day average, which may contribute to the stock's recent struggles.\n\nIn the broader market context, the Sensex has shown a positive return of 1.69% over the past week, contrasting with Magna Electro Cas..."
      },
      {
        "title": "Magna Electro Castings Receives Quality Grade Upgrade Amid Strong Financial Performance",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/magna-electro-castings-upgrades-quality-grade-from-average-to-good-amid-strong-financial-performance-3705730",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/MagnaElectroCas_qualitydot_3705730.png",
        "date": "2025-11-17 08:00:12",
        "description": "Magna Electro Castings has received a positive evaluation revision due to its impressive performance in the Castings & Forgings industry. The company has achieved significant sales and EBIT growth, alongside strong financial health characterized by low debt ratios and a solid capital structure, outperforming many competitors."
      },
      {
        "title": "Magna Electro Castings Experiences Mixed Financial Performance Amidst Revenue Growth and Profitability Challenges",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/magna-electro-castings-financial-trend-shifts-from-positive-to-flat-amid-declining-profits-3701193",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/MagnaElectroCas_fintrenddot_3701193.png",
        "date": "2025-11-14 11:00:54",
        "description": "Magna Electro Castings reported flat performance for the quarter ending September 2025, with a decline in financial health indicators. Despite impressive operating cash flow and record dividends, profitability metrics showed decreases. The company's stock has had mixed results compared to the Sensex, outperforming over five years but lagging year-to-date."
      },
      {
        "title": "Magna Electro Castings Q2 FY26: Profit Decline Amid Margin Pressures Raises Concerns",
        "link": "https://www.marketsmojo.com/news/result-analysis/magna-electro-castings-q2-fy26-profit-decline-amid-margin-pressures-raises-concerns-3712290",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/MagnaElectroCas_quaterlyResult_3712290.png",
        "date": "2025-11-14 09:22:47",
        "description": "Magna Electro Castings Ltd., a Coimbatore-based manufacturer of cast iron components, reported a concerning decline in profitability for Q2 FY26, with net profit falling 18.76% quarter-on-quarter to ₹5.41 crores despite revenue growth of 7.85%. The micro-cap company, with a market capitalisation of ₹423.00 crores, saw its shares trading at ₹993.00 as of November 14, 2025, reflecting investor concerns over margin compression and operational challenges that have emerged in recent quarters."
      },
      {
        "title": "How has been the historical performance of Magna Electrocas?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-magna-electrocas-3699070",
        "imagepath": "",
        "date": "2025-11-13 23:22:07",
        "description": "Answer:\nThe historical performance of Magna Electrocas shows a steady growth in net sales and profitability over the years, culminating in the fiscal year ending March 2025.\n\nBreakdown:\nMagna Electrocas reported net sales of 176.45 Cr in March 2025, an increase from 143.70 Cr in March 2024 and 164.64 Cr in March 2023. The total operating income followed a similar trend, reaching 176.45 Cr in March 2025, up from 143.70 Cr in the previous year. The company's operating profit (PBDIT) also improved significantly, rising to 35.94 Cr in March 2025 from 24.97 Cr in March 2024. Profit before tax increased to 31.04 Cr in March 2025, compared to 20.41 Cr in March 2024, while profit after tax reached 23.12 Cr, up from 15.11 Cr. The earnings per share (EPS) saw a notable rise to 54.66 in March 2025 from 35.72 in March 2024. On the balance sheet, total assets increased to 182.71 Cr in March 2025, up from 128.43 Cr in Ma..."
      }
    ],
    "total": 231,
    "sid": "345643",
    "stock_news_url": "https://www.marketsmojo.com/news/magna-electro-castings-345643"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "22-Nov-2025",
      "details": "Newspaper Publication regarding Relodgement of transfer of Physical shares",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "22-Nov-2025",
      "details": "Newspaper Publication regarding dispatch of Postal Ballot notice to Shareholders.",
      "source": "BSE"
    },
    {
      "caption": "Shareholder Meeting / Postal Ballot-Notice of Postal Ballot",
      "datetime": "21-Nov-2025",
      "details": "The Postal Ballot Notice is enclosed.",
      "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>60%</strong> dividend, ex-date: 28 Aug 25",
          "dt": "2025-08-28",
          "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

Why is Magna Electrocas falling/rising?

2025-12-06 01:13:56

Recent Price Movement and Market Context

Magna Electro Castings experienced a decline of ₹27.65 on the day, with the stock touching an intraday high of ₹964.8, up 2.31%, but also dipping to a low of ₹891, down 5.51%. The weighted average price indicates that a larger volume of shares traded closer to the day's low, signalling selling pressure as the session progressed. This downward momentum is further underscored by the stock trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically suggests a bearish trend in the short to long term.

Comparative Performance Against Benchmarks

Over the past week, Magna Electro Castings has declined by 4.72%, while the Sensex remained virtually flat...

Magna Electrocas Sees Revision in Market Evaluation Amidst Mixed Financial Signals

2025-12-02 10:09:05

Magna Electrocas has experienced a revision in its market evaluation, reflecting a shift in analytical perspective driven by recent financial and technical developments. The company, operating within the Castings & Forgings sector, now faces a more cautious market assessment following a period of subdued financial performance and technical indicators.

Is Magna Electrocas overvalued or undervalued?

2025-11-28 08:10:38

Valuation Metrics in Context

Magna Electrocas currently trades at a price-to-earnings (PE) ratio of approximately 18.6, which is moderate when compared to its industry peers. The price-to-book (P/B) value stands at 2.91, indicating that the market values the company at nearly three times its book value. The enterprise value to EBITDA (EV/EBITDA) ratio is 11.77, suggesting a reasonable valuation relative to earnings before interest, tax, depreciation, and amortisation.

These multiples are complemented by a return on capital employed (ROCE) of 20.5% and a return on equity (ROE) of 15.7%, both of which reflect efficient capital utilisation and profitability. The dividend yield is modest at 0.63%, signalling that the company prioritises reinvestment over high dividend payo...

Is Magna Electrocas overvalued or undervalued?

2025-11-19 08:08:09

As of 18 November 2025, the valuation grade for Magna Electrocas has moved from attractive to fair. The company appears to be fairly valued at this time. Key ratios include a PE ratio of 19.50, an EV to EBITDA of 12.36, and a ROCE of 20.50%. In comparison to peers, Bharat Forge has a significantly higher PE ratio of 61.77 and an EV to EBITDA of 26.44, indicating it is overvalued, while CIE Automotive is attractive with a PE of 20.1 and an EV to EBITDA of 11.93. Magna Electrocas has shown a strong performance with a year-to-date return of 11.83%, outperforming the Sensex's 8.36% during the same period....

Why is Magna Electrocas falling/rising?

2025-11-17 22:11:37

As of 17-Nov, Magna Electro Castings Ltd is experiencing a decline in its stock price, currently at 983.50, reflecting a decrease of 0.6 or 0.06%. The stock has been underperforming recently, having fallen for the last three consecutive days, resulting in a total drop of 2.88% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock's performance over the past week shows a decline of 2.02%, while it has gained 4.61% over the past month. However, its year-to-date return remains positive at 9.77%. Notably, investor participation has decreased significantly, with delivery volume dropping by 52.7% compared to the 5-day average, which may contribute to the stock's recent struggles. In the broader market context, the Sensex has shown a positive return of 1.69% over the past week, contrasting with Magna Electro Cas...

Magna Electro Castings Receives Quality Grade Upgrade Amid Strong Financial Performance

2025-11-17 08:00:12

Magna Electro Castings has received a positive evaluation revision due to its impressive performance in the Castings & Forgings industry. The company has achieved significant sales and EBIT growth, alongside strong financial health characterized by low debt ratios and a solid capital structure, outperforming many competitors.

Magna Electro Castings Experiences Mixed Financial Performance Amidst Revenue Growth and Profitability Challenges

2025-11-14 11:00:54

Magna Electro Castings reported flat performance for the quarter ending September 2025, with a decline in financial health indicators. Despite impressive operating cash flow and record dividends, profitability metrics showed decreases. The company's stock has had mixed results compared to the Sensex, outperforming over five years but lagging year-to-date.

Magna Electro Castings Q2 FY26: Profit Decline Amid Margin Pressures Raises Concerns

2025-11-14 09:22:47

Magna Electro Castings Ltd., a Coimbatore-based manufacturer of cast iron components, reported a concerning decline in profitability for Q2 FY26, with net profit falling 18.76% quarter-on-quarter to ₹5.41 crores despite revenue growth of 7.85%. The micro-cap company, with a market capitalisation of ₹423.00 crores, saw its shares trading at ₹993.00 as of November 14, 2025, reflecting investor concerns over margin compression and operational challenges that have emerged in recent quarters.

How has been the historical performance of Magna Electrocas?

2025-11-13 23:22:07

Answer: The historical performance of Magna Electrocas shows a steady growth in net sales and profitability over the years, culminating in the fiscal year ending March 2025. Breakdown: Magna Electrocas reported net sales of 176.45 Cr in March 2025, an increase from 143.70 Cr in March 2024 and 164.64 Cr in March 2023. The total operating income followed a similar trend, reaching 176.45 Cr in March 2025, up from 143.70 Cr in the previous year. The company's operating profit (PBDIT) also improved significantly, rising to 35.94 Cr in March 2025 from 24.97 Cr in March 2024. Profit before tax increased to 31.04 Cr in March 2025, compared to 20.41 Cr in March 2024, while profit after tax reached 23.12 Cr, up from 15.11 Cr. The earnings per share (EPS) saw a notable rise to 54.66 in March 2025 from 35.72 in March 2024. On the balance sheet, total assets increased to 182.71 Cr in March 2025, up from 128.43 Cr in Ma...

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