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": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "954.00",
    "chg": -24.15,
    "chgp": "-2.47%",
    "dir": -1,
    "prev_price": "978.15",
    "mcapval": "403.74 Cr",
    "mcap": "Micro Cap",
    "scripcode": 517449,
    "symbol": "",
    "ind_name": "Castings & Forgings",
    "ind_code": 38,
    "indexname": "",
    "isin": "INE437D01010",
    "curr_date": "Feb 11",
    "curr_time": "",
    "bse_nse_vol": "4.3 k",
    "exc_status": "Active",
    "traded_date": "Feb 11, 2026",
    "traded_date_str": "2026 02 11",
    "score": "",
    "scoreText": "",
    "Live": 1,
    "market_time": 1,
    "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 Q3 FY26: Margin Pressures Mount Amid Volume Decline",
        "link": "https://www.marketsmojo.com/news/result-analysis/magna-electro-castings-q3-fy26-margin-pressures-mount-amid-volume-decline-3832796",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/MagnaElectroCas_quaterlyResult_3832796.png",
        "date": "2026-02-11 09:36:07",
        "description": "Magna Electro Castings Ltd., a Coimbatore-based manufacturer of cast iron components, reported a challenging third quarter for FY2026, with net profit declining 30.68% quarter-on-quarter to ₹3.75 crores from ₹5.41 crores in Q2 FY26. Despite an 11.22% year-on-year revenue growth to ₹47.98 crores, the company witnessed significant margin compression, with operating profit margin (excluding other income) contracting to 15.32% from 18.08% in the previous quarter. The stock, currently trading at ₹941.50, has declined 3.75% following the results announcement, reflecting investor concerns over deteriorating profitability metrics."
      },
      {
        "title": "Are Magna Electro Castings Ltd latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-magna-electro-castings-ltd-latest-results-good-or-bad-3831510",
        "imagepath": "",
        "date": "2026-02-10 19:28:42",
        "description": "Magna Electro Castings Ltd's latest financial results for the quarter ended September 2025 reveal a complex operational landscape characterized by significant revenue growth juxtaposed with declining profitability metrics. The company reported net sales of ₹52.33 crores, reflecting a sequential increase of 7.85% from the previous quarter and a year-on-year growth of 14.66%. This achievement marks the highest quarterly revenue in the company's history, indicating sustained demand and market presence.\n\nHowever, the net profit for the same period fell to ₹5.41 crores, representing a decline of 18.76% compared to the previous quarter and 19.49% year-on-year. This sharp drop in profitability raises concerns about the company's ability to convert revenue growth into profit, highlighting operational challenges that may stem from rising input costs and inefficiencies.\n\nThe operating margin contracted to 18.08%, dow..."
      },
      {
        "title": "Magna Electro Castings Ltd: Valuation Shifts Signal Changing Price Attractiveness",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/magna-electro-castings-ltd-valuation-shifts-signal-changing-price-attractiveness-3829527",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/MagnaElectroCas_valuationdot_3829527.png",
        "date": "2026-02-10 08:00:47",
        "description": "Magna Electro Castings Ltd has witnessed a notable shift in its valuation parameters, moving from an attractive to a fair valuation grade, reflecting evolving market perceptions despite robust returns and solid operational metrics. This recalibration invites investors to reassess the stock’s price attractiveness in the context of its sector peers and historical benchmarks."
      },
      {
        "title": "Magna Electro Castings Ltd Upgraded to Hold on Technical Improvements and Valuation Appeal",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/magna-electro-castings-ltd-upgraded-to-hold-on-technical-improvements-and-valuation-appeal-3821823",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/MagnaElectroCas_mojoScore_3821823.png",
        "date": "2026-02-05 08:12:04",
        "description": "Magna Electro Castings Ltd has seen its investment rating upgraded from Sell to Hold, reflecting a nuanced improvement across technical indicators, valuation metrics, and financial trends despite recent flat quarterly results. The company’s evolving technical outlook, attractive long-term growth prospects, and stable financial position underpin this reassessment by MarketsMOJO as of 4 February 2026."
      },
      {
        "title": "Magna Electro Castings Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/magna-electro-castings-ltd-is-rated-sell-3804130",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/1/MagnaElectroCas_mojoScore_3804130.png",
        "date": "2026-01-25 10:10:04",
        "description": "Magna Electro Castings Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 10 Nov 2025. However, the analysis and financial metrics discussed here reflect the stock's current position as of 25 January 2026, providing investors with an up-to-date perspective on 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-3791931",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/1/MagnaElectroCas_mojoScore_3791931.png",
        "date": "2026-01-14 10:10:04",
        "description": "Magna Electro Castings Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 10 November 2025. However, the analysis and financial metrics presented here reflect the stock's current position as of 14 January 2026, providing investors with the latest 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-3780045",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/1/MagnaElectroCas_mojoScore_3780045.png",
        "date": "2026-01-03 10:10:05",
        "description": "Magna Electro Castings Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 10 Nov 2025. However, the analysis and financial metrics discussed here reflect the stock's current position as of 03 January 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market performance."
      },
      {
        "title": "Magna Electrocas Sees Revision in Market Evaluation Amid Mixed Financial Signals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/magna-electrocas-downgraded-to-sell-by-marketsmojo-amid-weak-financial-and-technical-trends-3767071",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/MagnaElectrocas_mojoScore_3767071.png",
        "date": "2025-12-23 10:10:03",
        "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 assessment as various performance parameters present a complex picture for investors."
      },
      {
        "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..."
      }
    ],
    "total": 239,
    "sid": "345643",
    "stock_news_url": "https://www.marketsmojo.com/news/magna-electro-castings-345643"
  },
  "announcements": [
    {
      "caption": "Clarification sought from Magna Electro Castings Ltd",
      "datetime": "06-Feb-2026",
      "details": "The Exchange has sought clarification from Magna Electro Castings Ltd on February 6 2026 with reference to significant movement in price in order to ensure that investors have latest relevant information about the company and to inform the market so that the interest of the investors is safeguarded.<BR><BR>The reply is awaited.",
      "source": "BSE"
    },
    {
      "caption": "Board Meeting Intimation for Considering And Approving Unaudited Financial Results For The Quarter And Nine Months Ended 31St December 2025",
      "datetime": "22-Jan-2026",
      "details": "Magna Electro Castings Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/02/2026 inter alia to consider and approve unaudited financial results for the quarter and nine months ended 31st December 2025.",
      "source": "BSE"
    },
    {
      "caption": "Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018",
      "datetime": "02-Jan-2026",
      "details": "Please find enclosed Certificate received from MUFG Intime India Private Limited the Registrar and Share Transfer Agent of the Company for the quarter ended 31st December 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>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 Q3 FY26: Margin Pressures Mount Amid Volume Decline

2026-02-11 09:36:07

Magna Electro Castings Ltd., a Coimbatore-based manufacturer of cast iron components, reported a challenging third quarter for FY2026, with net profit declining 30.68% quarter-on-quarter to ₹3.75 crores from ₹5.41 crores in Q2 FY26. Despite an 11.22% year-on-year revenue growth to ₹47.98 crores, the company witnessed significant margin compression, with operating profit margin (excluding other income) contracting to 15.32% from 18.08% in the previous quarter. The stock, currently trading at ₹941.50, has declined 3.75% following the results announcement, reflecting investor concerns over deteriorating profitability metrics.

Read full news article

Are Magna Electro Castings Ltd latest results good or bad?

2026-02-10 19:28:42

Magna Electro Castings Ltd's latest financial results for the quarter ended September 2025 reveal a complex operational landscape characterized by significant revenue growth juxtaposed with declining profitability metrics. The company reported net sales of ₹52.33 crores, reflecting a sequential increase of 7.85% from the previous quarter and a year-on-year growth of 14.66%. This achievement marks the highest quarterly revenue in the company's history, indicating sustained demand and market presence. However, the net profit for the same period fell to ₹5.41 crores, representing a decline of 18.76% compared to the previous quarter and 19.49% year-on-year. This sharp drop in profitability raises concerns about the company's ability to convert revenue growth into profit, highlighting operational challenges that may stem from rising input costs and inefficiencies. The operating margin contracted to 18.08%, dow...

Read full news article

Magna Electro Castings Ltd: Valuation Shifts Signal Changing Price Attractiveness

2026-02-10 08:00:47

Magna Electro Castings Ltd has witnessed a notable shift in its valuation parameters, moving from an attractive to a fair valuation grade, reflecting evolving market perceptions despite robust returns and solid operational metrics. This recalibration invites investors to reassess the stock’s price attractiveness in the context of its sector peers and historical benchmarks.

Read full news article

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

2026-02-05 08:12:04

Magna Electro Castings Ltd has seen its investment rating upgraded from Sell to Hold, reflecting a nuanced improvement across technical indicators, valuation metrics, and financial trends despite recent flat quarterly results. The company’s evolving technical outlook, attractive long-term growth prospects, and stable financial position underpin this reassessment by MarketsMOJO as of 4 February 2026.

Read full news article

Magna Electro Castings Ltd is Rated Sell

2026-01-25 10:10:04

Magna Electro Castings Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 10 Nov 2025. However, the analysis and financial metrics discussed here reflect the stock's current position as of 25 January 2026, providing investors with an up-to-date perspective on the company's performance and outlook.

Read full news article

Magna Electro Castings Ltd is Rated Sell

2026-01-14 10:10:04

Magna Electro Castings Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 10 November 2025. However, the analysis and financial metrics presented here reflect the stock's current position as of 14 January 2026, providing investors with the latest insights into the company’s performance and outlook.

Read full news article

Magna Electro Castings Ltd is Rated Sell

2026-01-03 10:10:05

Magna Electro Castings Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 10 Nov 2025. However, the analysis and financial metrics discussed here reflect the stock's current position as of 03 January 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market performance.

Read full news article

Magna Electrocas Sees Revision in Market Evaluation Amid Mixed Financial Signals

2025-12-23 10:10:03

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 assessment as various performance parameters present a complex picture for investors.

Read full news article

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...

Read full news article

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