Magna Electro Castings Ltd () News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

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  "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,
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    "primexch": 0,
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    "currency": "INR",
    "cmp": "1,171.70",
    "chg": -56.3,
    "chgp": "-4.58%",
    "dir": -1,
    "prev_price": "1,228.00",
    "mcapval": "520.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 517449,
    "symbol": "",
    "ind_name": "Castings & Forgings",
    "ind_code": 38,
    "sector_id": 8,
    "indexname": "India SENSEX",
    "isin": "INE437D01010",
    "curr_date": "Jul 17, 03:30 PM",
    "curr_time": "01:29 AM",
    "last_traded_at": "Jul 17, 03:30 PM IST",
    "bse_nse_vol": "10.24 k",
    "exc_status": "Active",
    "traded_date": "Jul 17, 2026",
    "traded_date_str": "2026 07 17",
    "score": "",
    "scoreText": "",
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  "news": {
    "results": [
      {
        "title": "Magna Electro Castings Ltd is Rated Hold",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/magna-electro-castings-ltd-is-rated-hold-4108051",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/7/MagnaElectroCas_mojoScore_4108051.png",
        "date": "2026-07-19 10:10:03",
        "description": "Magna Electro Castings Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 13 May 2026. However, the analysis and financial metrics discussed here reflect the company’s current position as of 19 July 2026, providing investors with an up-to-date view of its fundamentals, returns, and market standing."
      },
      {
        "title": "Magna Electro Castings Ltd Technical Momentum Shifts Amid Mixed Indicator Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/magna-electro-castings-ltd-technical-momentum-shifts-amid-mixed-indicator-signals-4099839",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/7/MagnaElectroCas_technicaldot_4099839.png",
        "date": "2026-07-14 08:01:36",
        "description": "Magna Electro Castings Ltd, a micro-cap player in the Castings & Forgings sector, has experienced a nuanced shift in its technical momentum, moving from a bullish to a mildly bullish stance. Despite a modest day decline of 0.96%, the stock’s technical indicators reveal a complex interplay of bullish and bearish signals, reflecting a cautious market sentiment as investors weigh recent price movements against broader sector and market trends."
      },
      {
        "title": "Magna Electro Castings Ltd is Rated Hold",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/magna-electro-castings-ltd-is-rated-hold-4093567",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/7/MagnaElectroCas_mojoScore_4093567.png",
        "date": "2026-07-08 10:10:04",
        "description": "Magna Electro Castings Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 13 May 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 08 July 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market standing."
      },
      {
        "title": "Magna Electro Castings Ltd Sees Bullish Momentum Shift Amid Technical Upgrades",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/magna-electro-castings-ltd-sees-bullish-momentum-shift-amid-technical-upgrades-4092758",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/7/MagnaElectroCas_technicaldot_4092758.png",
        "date": "2026-07-08 08:01:44",
        "description": "Magna Electro Castings Ltd, a micro-cap player in the Castings & Forgings sector, has witnessed a notable shift in its technical momentum, signalling renewed investor interest. The stock’s recent price action, combined with improved technical indicators, suggests a bullish trend emerging after a period of consolidation, marking a potential turning point for traders and long-term investors alike."
      },
      {
        "title": "Magna Electro Castings Ltd is Rated Hold",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/magna-electro-castings-ltd-is-rated-hold-4075054",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/MagnaElectroCas_mojoScore_4075054.png",
        "date": "2026-06-27 10:10:03",
        "description": "Magna Electro Castings Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 13 May 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 27 June 2026, providing investors with an up-to-date view of the company's fundamentals, returns, and market standing."
      },
      {
        "title": "Magna Electro Castings Ltd is Rated Hold",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/magna-electro-castings-ltd-is-rated-hold-4055994",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/MagnaElectroCas_mojoScore_4055994.png",
        "date": "2026-06-16 10:10:04",
        "description": "Magna Electro Castings Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 13 May 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 16 June 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market standing."
      },
      {
        "title": "Magna Electro Castings Ltd is Rated Hold",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/magna-electro-castings-ltd-is-rated-hold-4037919",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/MagnaElectroCas_mojoScore_4037919.png",
        "date": "2026-06-05 10:10:05",
        "description": "Magna Electro Castings Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 13 May 2026. However, the analysis and financial metrics discussed below reflect the stock's current position as of 08 June 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market standing."
      },
      {
        "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-4023790",
        "imagepath": "",
        "date": "2026-05-30 19:43:48",
        "description": "The latest financial results for Magna Electro Castings Ltd for the quarter ending March 2026 indicate a complex operational landscape. The company reported net sales of ₹47.61 crores, reflecting a slight sequential decline of 0.77% compared to the previous quarter, while year-on-year sales growth was recorded at 4.61%. This modest revenue growth, however, is overshadowed by significant challenges in profitability metrics.\n\nNet profit for the quarter fell to ₹2.66 crores, marking a substantial decline of 44.87% quarter-on-quarter and 44.81% year-on-year. This decline in profitability is accompanied by a notable contraction in operating margins, which dropped to 13.76%, the lowest level in seven quarters. The profit after tax (PAT) margin also decreased to 5.59%, down from 7.82% in the previous quarter, indicating severe margin compression.\n\nThe operational challenges are further highlighted by rising employ..."
      },
      {
        "title": "Magna Electro Castings Q4 FY26: Profitability Concerns Cloud Revenue Growth",
        "link": "https://www.marketsmojo.com/news/result-analysis/magna-electro-castings-q4-fy26-profitability-concerns-cloud-revenue-growth-4022731",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/MagnaElectroCas_quaterlyResult_4022731.png",
        "date": "2026-05-29 22:18:05",
        "description": "Magna Electro Castings Ltd., a Coimbatore-based manufacturer of cast iron components, reported a concerning fourth quarter for FY26, with net profit plunging 44.87% quarter-on-quarter to ₹2.66 crores despite modest revenue growth. The micro-cap company, with a market capitalisation of ₹482.00 crores, saw its stock decline 5.00% to ₹1,139.00 in the trading session following the results announcement, reflecting investor disappointment with the sharp deterioration in profitability metrics."
      }
    ],
    "total": 265,
    "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": "03-Jul-2026",
      "details": "Enclosed Compliance Certificate received from RTA under Regulation 74(5) of SEBI (DP) Regulations 2018 for the quarter ended 30th June 2026.",
      "source": "BSE"
    },
    {
      "caption": "Closure of Trading Window",
      "datetime": "26-Jun-2026",
      "details": "Intimation regarding Closure of Trading window for declaration of financial results for the quarter ending 30th June 2026.",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "18-Jun-2026",
      "details": "Enclosed Newspaper Publication regarding transfer of Equity Shares to IEPF Authority.",
      "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 is Rated Hold

2026-07-19 10:10:03

Magna Electro Castings Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 13 May 2026. However, the analysis and financial metrics discussed here reflect the company’s current position as of 19 July 2026, providing investors with an up-to-date view of its fundamentals, returns, and market standing.

Read full news article

Magna Electro Castings Ltd Technical Momentum Shifts Amid Mixed Indicator Signals

2026-07-14 08:01:36

Magna Electro Castings Ltd, a micro-cap player in the Castings & Forgings sector, has experienced a nuanced shift in its technical momentum, moving from a bullish to a mildly bullish stance. Despite a modest day decline of 0.96%, the stock’s technical indicators reveal a complex interplay of bullish and bearish signals, reflecting a cautious market sentiment as investors weigh recent price movements against broader sector and market trends.

Read full news article

Magna Electro Castings Ltd is Rated Hold

2026-07-08 10:10:04

Magna Electro Castings Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 13 May 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 08 July 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market standing.

Read full news article

Magna Electro Castings Ltd Sees Bullish Momentum Shift Amid Technical Upgrades

2026-07-08 08:01:44

Magna Electro Castings Ltd, a micro-cap player in the Castings & Forgings sector, has witnessed a notable shift in its technical momentum, signalling renewed investor interest. The stock’s recent price action, combined with improved technical indicators, suggests a bullish trend emerging after a period of consolidation, marking a potential turning point for traders and long-term investors alike.

Read full news article

Magna Electro Castings Ltd is Rated Hold

2026-06-27 10:10:03

Magna Electro Castings Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 13 May 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 27 June 2026, providing investors with an up-to-date view of the company's fundamentals, returns, and market standing.

Read full news article

Magna Electro Castings Ltd is Rated Hold

2026-06-16 10:10:04

Magna Electro Castings Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 13 May 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 16 June 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market standing.

Read full news article

Magna Electro Castings Ltd is Rated Hold

2026-06-05 10:10:05

Magna Electro Castings Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 13 May 2026. However, the analysis and financial metrics discussed below reflect the stock's current position as of 08 June 2026, providing investors with an up-to-date view of the company’s fundamentals, returns, and market standing.

Read full news article

Are Magna Electro Castings Ltd latest results good or bad?

2026-05-30 19:43:48

The latest financial results for Magna Electro Castings Ltd for the quarter ending March 2026 indicate a complex operational landscape. The company reported net sales of ₹47.61 crores, reflecting a slight sequential decline of 0.77% compared to the previous quarter, while year-on-year sales growth was recorded at 4.61%. This modest revenue growth, however, is overshadowed by significant challenges in profitability metrics. Net profit for the quarter fell to ₹2.66 crores, marking a substantial decline of 44.87% quarter-on-quarter and 44.81% year-on-year. This decline in profitability is accompanied by a notable contraction in operating margins, which dropped to 13.76%, the lowest level in seven quarters. The profit after tax (PAT) margin also decreased to 5.59%, down from 7.82% in the previous quarter, indicating severe margin compression. The operational challenges are further highlighted by rising employ...

Read full news article

Magna Electro Castings Q4 FY26: Profitability Concerns Cloud Revenue Growth

2026-05-29 22:18:05

Magna Electro Castings Ltd., a Coimbatore-based manufacturer of cast iron components, reported a concerning fourth quarter for FY26, with net profit plunging 44.87% quarter-on-quarter to ₹2.66 crores despite modest revenue growth. The micro-cap company, with a market capitalisation of ₹482.00 crores, saw its stock decline 5.00% to ₹1,139.00 in the trading session following the results announcement, reflecting investor disappointment with the sharp deterioration in profitability metrics.

Read full news article

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