Magna Electrocas

{
  "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": "",
    "primexch": 0,
    "country_id": 34,
    "currency": "INR",
    "cmp": "1,195.65",
    "chg": 9.65,
    "chgp": "0.81%",
    "dir": 1,
    "prev_price": "1,186.00",
    "mcapval": "524.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 517449,
    "symbol": "",
    "ind_name": "Castings & Forgings",
    "ind_code": 38,
    "indexname": "India SENSEX",
    "isin": "INE437D01010",
    "curr_date": "May 07",
    "curr_time": "",
    "bse_nse_vol": "286 ",
    "exc_status": "Active",
    "traded_date": "May 07, 2026",
    "traded_date_str": "2026 05 07",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-register-score-header",
    "is_blur_url": "https://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 Ltd Downgraded to Sell Amid Technical and Financial Setbacks",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/magna-electro-castings-ltd-downgraded-to-sell-amid-technical-and-financial-setbacks-3975195",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/MagnaElectroCas_mojoScore_3975195.png",
        "date": "2026-05-05 08:25:26",
        "description": "Magna Electro Castings Ltd, a micro-cap player in the Castings & Forgings sector, has seen its investment rating downgraded from Hold to Sell as of 4 May 2026. This shift reflects a combination of deteriorating technical indicators, disappointing quarterly financial results, and valuation concerns despite the company’s strong long-term returns and net-debt-free status."
      },
      {
        "title": "Magna Electro Castings Ltd Faces Mildly Bearish Technical Shift Amid Mixed Momentum Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/magna-electro-castings-ltd-faces-mildly-bearish-technical-shift-amid-mixed-momentum-signals-3974714",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/MagnaElectroCas_technicaldot_3974714.png",
        "date": "2026-05-05 08:01:52",
        "description": "Magna Electro Castings Ltd, a micro-cap player in the Castings & Forgings sector, has experienced a notable shift in its technical momentum, transitioning from a mildly bullish to a mildly bearish trend. This change is underscored by a complex interplay of technical indicators including MACD, RSI, moving averages, and Bollinger Bands, reflecting a nuanced market sentiment as the stock price retreated 2.8% on 5 May 2026 to close at ₹1,203.90."
      },
      {
        "title": "Magna Electro Castings Ltd is Rated Hold",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/magna-electro-castings-ltd-is-rated-hold-3972753",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/MagnaElectroCas_mojoScore_3972753.png",
        "date": "2026-05-02 10:10:02",
        "description": "Magna Electro Castings Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 20 Apr 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 02 May 2026, providing investors with an up-to-date view of its performance and prospects."
      },
      {
        "title": "Magna Electro Castings Ltd Upgraded to Hold on Technical and Valuation Improvements",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/magna-electro-castings-ltd-upgraded-to-hold-on-technical-and-valuation-improvements-3955285",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/MagnaElectroCas_mojoScore_3955285.png",
        "date": "2026-04-21 08:19:46",
        "description": "Magna Electro Castings Ltd has seen its investment rating upgraded from Sell to Hold, reflecting a notable improvement in technical indicators and valuation metrics despite recent financial setbacks. The micro-cap stock’s enhanced technical trend, steady long-term growth, and fair valuation underpin this revised outlook, signalling cautious optimism for investors in the castings and forgings sector."
      },
      {
        "title": "Magna Electro Castings Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/magna-electro-castings-ltd-is-rated-sell-3943468",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/MagnaElectroCas_mojoScore_3943468.png",
        "date": "2026-04-12 10:10:12",
        "description": "Magna Electro Castings Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 10 February 2026. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 12 April 2026, providing investors with an up-to-date perspective on the company’s fundamentals, valuation, financial trend, and technical outlook."
      },
      {
        "title": "Magna Electro Castings Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/magna-electro-castings-ltd-is-rated-sell-3928389",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/MagnaElectroCas_mojoScore_3928389.png",
        "date": "2026-04-01 10:10:15",
        "description": "Magna Electro Castings Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 10 February 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 01 April 2026, providing investors with an up-to-date view of the company's performance and outlook."
      },
      {
        "title": "Magna Electro Castings Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/magna-electro-castings-ltd-is-rated-sell-3904973",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/MagnaElectroCas_mojoScore_3904973.png",
        "date": "2026-03-21 10:10:13",
        "description": "Magna Electro Castings Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 10 February 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 21 March 2026, providing investors with an up-to-date view of the company's fundamentals, returns, and technical outlook."
      },
      {
        "title": "Magna Electro Castings Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/magna-electro-castings-ltd-is-rated-sell-3882590",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/MagnaElectroCas_mojoScore_3882590.png",
        "date": "2026-03-10 10:10:18",
        "description": "Magna Electro Castings Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 10 February 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 10 March 2026, providing investors with the most recent insights into the company’s performance and outlook."
      },
      {
        "title": "Magna Electro Castings Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/magna-electro-castings-ltd-is-rated-sell-3860037",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/MagnaElectroCas_mojoScore_3860037.png",
        "date": "2026-02-27 10:10:17",
        "description": "Magna Electro Castings Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 10 February 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 27 February 2026, providing investors with the latest insights into the company’s performance and outlook."
      }
    ],
    "total": 251,
    "sid": "345643",
    "stock_news_url": "https://www.marketsmojo.com/news/magna-electro-castings-345643"
  },
  "announcements": [
    {
      "caption": "Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018",
      "datetime": "07-Apr-2026",
      "details": "Enclosed Compliance Certificate received from RTA under Regulation 74(5) of SEBI (DP) Regulations 2018 for the quarter ended 31.03.2026.",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Updates on Acquisition",
      "datetime": "30-Mar-2026",
      "details": "Enclosed the update on investment in First Energy TN1 Private Limited.",
      "source": "BSE"
    },
    {
      "caption": "Board Meeting Outcome for Outcome Of Board Meeting Held On 28Th March 2026",
      "datetime": "28-Mar-2026",
      "details": "Enclosed the Outcome of Board Meeting held on 28th March 2026",
      "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

Magna Electro Castings Ltd Downgraded to Sell Amid Technical and Financial Setbacks

2026-05-05 08:25:26

Magna Electro Castings Ltd, a micro-cap player in the Castings & Forgings sector, has seen its investment rating downgraded from Hold to Sell as of 4 May 2026. This shift reflects a combination of deteriorating technical indicators, disappointing quarterly financial results, and valuation concerns despite the company’s strong long-term returns and net-debt-free status.

Read full news article

Magna Electro Castings Ltd Faces Mildly Bearish Technical Shift Amid Mixed Momentum Signals

2026-05-05 08:01:52

Magna Electro Castings Ltd, a micro-cap player in the Castings & Forgings sector, has experienced a notable shift in its technical momentum, transitioning from a mildly bullish to a mildly bearish trend. This change is underscored by a complex interplay of technical indicators including MACD, RSI, moving averages, and Bollinger Bands, reflecting a nuanced market sentiment as the stock price retreated 2.8% on 5 May 2026 to close at ₹1,203.90.

Read full news article

Magna Electro Castings Ltd is Rated Hold

2026-05-02 10:10:02

Magna Electro Castings Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 20 Apr 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 02 May 2026, providing investors with an up-to-date view of its performance and prospects.

Read full news article

Magna Electro Castings Ltd Upgraded to Hold on Technical and Valuation Improvements

2026-04-21 08:19:46

Magna Electro Castings Ltd has seen its investment rating upgraded from Sell to Hold, reflecting a notable improvement in technical indicators and valuation metrics despite recent financial setbacks. The micro-cap stock’s enhanced technical trend, steady long-term growth, and fair valuation underpin this revised outlook, signalling cautious optimism for investors in the castings and forgings sector.

Read full news article

Magna Electro Castings Ltd is Rated Sell

2026-04-12 10:10:12

Magna Electro Castings Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 10 February 2026. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 12 April 2026, providing investors with an up-to-date perspective on the company’s fundamentals, valuation, financial trend, and technical outlook.

Read full news article

Magna Electro Castings Ltd is Rated Sell

2026-04-01 10:10:15

Magna Electro Castings Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 10 February 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 01 April 2026, providing investors with an up-to-date view of the company's performance and outlook.

Read full news article

Magna Electro Castings Ltd is Rated Sell

2026-03-21 10:10:13

Magna Electro Castings Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 10 February 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 21 March 2026, providing investors with an up-to-date view of the company's fundamentals, returns, and technical outlook.

Read full news article

Magna Electro Castings Ltd is Rated Sell

2026-03-10 10:10:18

Magna Electro Castings Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 10 February 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 10 March 2026, providing investors with the most recent insights into the company’s performance and outlook.

Read full news article

Magna Electro Castings Ltd is Rated Sell

2026-02-27 10:10:17

Magna Electro Castings Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 10 February 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 27 February 2026, providing investors with the latest insights into the company’s performance and outlook.

Read full news article

View All News