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": "953.20",
    "chg": 21.2,
    "chgp": "2.27%",
    "dir": 1,
    "prev_price": "932.00",
    "mcapval": "394.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 517449,
    "symbol": "",
    "ind_name": "Castings & Forgings",
    "ind_code": 38,
    "indexname": "",
    "isin": "INE437D01010",
    "curr_date": "Feb 20",
    "curr_time": "",
    "bse_nse_vol": "1.28 k",
    "exc_status": "Active",
    "traded_date": "Feb 20, 2026",
    "traded_date_str": "2026 02 20",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-registerF-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
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  },
  "news": {
    "results": [
      {
        "title": "Magna Electro Castings Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/magna-electro-castings-ltd-is-rated-sell-3842280",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/MagnaElectroCas_mojoScore_3842280.png",
        "date": "2026-02-16 10:10:24",
        "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 16 February 2026, providing investors with the latest insights into the company’s performance and outlook."
      },
      {
        "title": "Magna Electro Castings Ltd Declines 3.15%: Valuation Shift and Margin Pressures Shape Week",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/magna-electro-castings-ltd-declines-315-valuation-shift-and-margin-pressures-shape-week-3840237",
        "imagepath": "",
        "date": "2026-02-14 17:18:38",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>Feb 09:</strong> Stock surges 4.87% to ₹1,000.90 on strong momentum</p>\n                    <p><strong>Feb 10:</strong> Valuation shift noted as stock closes at ₹978.15 (-2.27%)</p>\n                    <p><strong>Feb 11:</strong> Q3 FY26 results reveal margin pressures; stock dips further to ₹967.75 (-1.06%)</p>\n                    <p><strong>Feb 13:</strong> Week ends with stock at ₹924.40, down 3.68% on the day</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">₹954.45</div></div>\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Close<..."
      },
      {
        "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-3833421",
        "imagepath": "",
        "date": "2026-02-11 19:34:12",
        "description": "Magna Electro Castings Ltd's latest financial results for Q3 FY26 present a complex picture of operational performance. The company reported net sales of ₹47.98 crores, reflecting an 11.22% year-on-year growth from ₹43.14 crores in the same quarter last year. However, this marks an 8.31% decline compared to the previous quarter, indicating a softening demand momentum during the typically strong festive season.\n\nNet profit for the quarter stood at ₹3.75 crores, which represents a significant decline of 30.68% compared to the previous quarter and a year-on-year decrease from ₹4.86 crores. This decline is accompanied by a compression in both operating and PAT margins, which fell to 15.32% and 7.82%, respectively, marking the lowest levels in several quarters. The operating margin saw a sequential decline of 276 basis points, while the PAT margin decreased by 252 basis points, highlighting the challenges the co..."
      },
      {
        "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."
      }
    ],
    "total": 242,
    "sid": "345643",
    "stock_news_url": "https://www.marketsmojo.com/news/magna-electro-castings-345643"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "11-Feb-2026",
      "details": "Please find enclosed copy of Newspaper publication.",
      "source": "BSE"
    },
    {
      "caption": "Board Meeting Outcome for Outcome Of Board Meeting Dated 10Th February 2026",
      "datetime": "10-Feb-2026",
      "details": "Enclosed the Outcome of Board meeting held on 10th February 2026",
      "source": "BSE"
    },
    {
      "caption": "Outcome Of The Board Meeting Held On 10Th February 2026",
      "datetime": "10-Feb-2026",
      "details": "Please find enclosed outcome of the Board meeting held on 10th February 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 is Rated Sell

2026-02-16 10:10:24

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 16 February 2026, providing investors with the latest insights into the company’s performance and outlook.

Read full news article

Magna Electro Castings Ltd Declines 3.15%: Valuation Shift and Margin Pressures Shape Week

2026-02-14 17:18:38

Key Events This Week

Feb 09: Stock surges 4.87% to ₹1,000.90 on strong momentum

Feb 10: Valuation shift noted as stock closes at ₹978.15 (-2.27%)

Feb 11: Q3 FY26 results reveal margin pressures; stock dips further to ₹967.75 (-1.06%)

Feb 13: Week ends with stock at ₹924.40, down 3.68% on the day

Week Open

₹954.45

Week Close<...

Read full news article

Are Magna Electro Castings Ltd latest results good or bad?

2026-02-11 19:34:12

Magna Electro Castings Ltd's latest financial results for Q3 FY26 present a complex picture of operational performance. The company reported net sales of ₹47.98 crores, reflecting an 11.22% year-on-year growth from ₹43.14 crores in the same quarter last year. However, this marks an 8.31% decline compared to the previous quarter, indicating a softening demand momentum during the typically strong festive season. Net profit for the quarter stood at ₹3.75 crores, which represents a significant decline of 30.68% compared to the previous quarter and a year-on-year decrease from ₹4.86 crores. This decline is accompanied by a compression in both operating and PAT margins, which fell to 15.32% and 7.82%, respectively, marking the lowest levels in several quarters. The operating margin saw a sequential decline of 276 basis points, while the PAT margin decreased by 252 basis points, highlighting the challenges the co...

Read full news article

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

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