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Magna Electro Castings Ltd share Price Today

Company details

445.55
458.00
310.00
593.85
6M Return -5.64%
1Y Return 37.89%
Mkt Cap.(Cr) 191.67
Volume 1,958
Div Yield 0.66%
OI
-
OI Chg %
-
Volume 1,958

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Magna Electro Castings Ltd shares SWOT Analysis

Strengths (11)

  • Rising Net Cash Flow and Cash from Operating activity
  • Strong Annual EPS Growth
  • Effectively using its capital to generate profit - RoCE improving in last 2 years

Weakness (4)

  • Degrowth in Revenue and Profit
  • Decline in Quarterly Net Profit (YoY)
  • Degrowth in Quarterly Revenue and Profit in Recent Results(YoY)

Opportunity (0)

Data not found

Threats (0)

Data not found

Resistance and support

R1 458.8
R2 464.6
R3 471.2
Pivot

452.15

S1 446.3
S2 439.7
S3 433.9
EMA SMA
455.3
454.8
455.6
447.1
457.5
450.9
456.0
472.2
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
VENKATTU SRINIVASAN Bulk Sell 2021-06-14 181.55 21980 BSE
DHEERAJ KUMAR LOHIA Bulk Purchase 2017-06-22 181.52 24608 BSE
GAJANAN ENTERPRISES Bulk Purchase 2015-08-10 129.89 35000 BSE
Name Category Shares
N KRISHNASAMARAJ HUF PROMOTER 18.19%
MUTHULAKSHMI N PROMOTER 10.68%
AJEYA VEL NARAYANASWAMY PROMOTER 8.58%
NIVEDITA LAKSHMI NARAYANASWAMY PROMOTER 5.43%
RANGANAYAKI N PROMOTER 5.32%
KRISHNASAMRAJ N PROMOTER 2.04%
MAHITHA VIJAYAKUMAR PROMOTER 1.84%
VIJAYAKUMAR VENKATKUMAR PROMOTER 1.06%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Magna Electro Castings Ltd Stocks COMPARISON

Financials( in Cr) Magna Electro Castings Ltd Bharat Forge Ltd AIA Engineering Ltd CIE Automotive India Ltd Ramkrishna Forgings Ltd
Price 452.90 1,493.25 3,690.85 541.30 715.35
% Change -0.21 1.01 1.19 2.07 -1.51
Mcap Cr 191.67 69,524.08 34,812.10 20,534.87 12,931.81
Revenue TTM Cr 164.64 12,910.26 4,908.77 8,753.00 3,192.90
Net Profit TTM Cr 17.12 508.39 1,056.50 -136.20 248.11
PE TTM 13.92 72.54 30.66 25.36 37.86
1 Year Return 37.89 96.39 27.68 19.88 100.21
ROCE 26.28 7.32 25.25 13.95 18.33
ROE 19.83 6.88 20.23 -1.65 20.67
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 94.36 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 39,612.39 -26,051.38
LAST 3M 102,786.44 -35,737.56
LAST 6M 169,824.52 46,518.61
LAST 12M 263,183.06 125,165.94

Magna Electro Castings Ltd Information

Stock PE (TTM)
13.92
Promoter Holding
53.38%
Book Value
237.6723
ROCE
26.28%
ROE
19.83%
Description
  • Magna Electro Castings Ltd was incorporated in 1990. The company was promoted and Managed by N Krishna Samaraj. The company is mainly engaged in manufacturing and selling of Cast Iron Components. In 2001 the company has successfully commissioned its state of the art CAD/CAM Centre for producing tooling. The Company had implemented a Energy Conservation Project in 2001-02 at a cost of Rs.110 lakhs and was funded by internal accruals and term loans from Corporation Bank. In the area of raw material recycling and production automation the company is planning to make investments to the tune of Rs.150 lakhs and will be financed by means of Internal accruals and Term Loans. This project was put on hold due to decision on implementation of the latest technology and processes. The Company commissioned the Gas project costing Rs 0.41 Crores during 2004. In 2005, it commissioned the Furan Fast Loop Line and the Sand Mixer plants costing Rs 3.78 Crores. It installed one 750 kw Wind Electric Generator costing Rs 3.06 Cr. at Andhiyur Village in Pollachi Taluk. It commissioned one 1650 kw Wind Electric Generator in Ganapathipalayam village, Pollachi Taluk costing Rs 9.70 Crores during August 2005. The e Phase I Expansion Project costing Rs 8.14 Crores for construction of buildings was completed and the required plant and machinery was commissioned during 2007. The Company implemented the Phase I of the expansion project, thereby increasing the capacity from 600 MT to 900 MT per month in 2008. During 2009, the Company commissioned the Sand Pre-Processing Plant. During 2011-12, it installed/commissioned the Automatic Grinding cell which was imported from Italy for fettling operations. It also commissioned the additional factory building measuring about 30,000 Sq.Ft. which will accommodate the machining activities of the Company. In 2012-13, it commissioned the new Hunter Molding Machine. It augmented Diesel Power Generating capacity, with the installation of two 1500 KVA generators. Capable of parallel operation through an automatically computer controlled synchronized panel, the sets can provide 3000 KVA power. During 2014-15, it installed new Energy efficient Melting Induction Furnace, replacing the old and worn out furnaces and in 2015-16, further installed the Furan Thermal Reclamation Sand Plant costing Rs 2 Crores for reclamation of sand and also installed the Furan No Bake Continuous Mixer for achieving consistency in casting dimension and 3D Printing Technology for shorter development time and reduction in sampling time. During 2016-17, it installed the Furan core preheating oven in its production line costing Rs 0.11 Crores. The Core Shop was upgraded during 2017-18 utilizing lndustry 4.0 Techinques and enabled process. The Sample coin conveying system was commissioned during 2018-19. The Company installed Green Sand Reclamation Plant during 2020-21. It further installed a new Fume Extraction System in the furnaces which will enable the Company to use alternative raw materials at a lower cost as well as keeping the environment free of pollution. It also installed certain balancing equipments to enhance the manufacturing capabilities. During 2021-22, it installed new 1 Ton Capacity induction melting furnace to enhance its existing furnace capacity. During 2022-23, it installed some balancing equipments/machinery which will enhance the production activities of the Company. Civil works were undertaken to increase the floor space of the finishing division and machine shop. Roads were also laid/ re-laid to facilitate easy of movement of vehicles inside the Plant.

Registered Address

43 (Old No 62), Balasundaram Road, Coimbatore, Tamil Nadu, 641018

Tel : 91-422-2240109
Email : info:magnacast.com
Website : http://www.magnacast.com
Registrar

SKDC Consultants Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 517449
NSE Code :
Book Closure Date (Month) : Aug
BSE Group : X
ISIN : INE437D01010

FAQ’s on Magna Electro Castings Ltd Shares

You can buy Magna Electro Castings Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Magna Electro Castings Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 23, 2024 03:30 PM the closing price of Magna Electro Castings Ltd was Rs.452.90.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 23, 2024 03:30 PM, the market cap of Magna Electro Castings Ltd stood at Rs. 191.67.

The latest PE ratio of Magna Electro Castings Ltd as of May 23, 2024 03:30 PM is 13.92

The latest PB ratio of Magna Electro Castings Ltd as of May 23, 2024 03:30 PM is 0.52

The 52-week high of Magna Electro Castings Ltd share price is Rs. 593.85 while the 52-week low is Rs. 310.00

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