Magna Electro Castings Ltd. (MAGNAELQ): Magna Electro Castings Share Price near 52-week high as stock trades at Rs 1,459
- September 24, 2026
- Posted by: Harsh Piplani
- Category: News
Magna Electro Castings Share Price is trading at Rs 1,459, up 2.66% from the previous close, and remains close to its 52-week high in a session that has also kept the company’s market capitalisation at Rs 601.49 crore. The move places Magna Electro Castings Ltd. (MAGNAELQ) in focus for readers tracking Magna Electro Castings Share Price Today, Magna Electro Castings Stock News and Magna Electro Castings Share Price Live. The latest Univest figures show a price gap that keeps the stock in near yearly-high territory, but the data does not establish a company-specific catalyst. What is clear is that the share price event is real, measurable and relevant for Market News and Stock Market Today searches.
The stock was last traded at Rs 1,459 against a previous close of Rs 1,421.25, after opening at Rs 1,380 and moving between Rs 1,350 and Rs 1,600 during the session. Turnover stood at Rs 1.26 crore, showing the value traded during the day, while the market cap and price action together explain why Magna Electro Castings Share Price is drawing attention in the Indian Stock Market and among 52 Week High Stocks. For Univest readers, the main question is not why the move happened, but what the latest price and valuation figures indicate about the stock’s current placement near its yearly high.
Magna Electro Castings Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 1,459 |
| Previous Close | Rs 1,421.25 |
| Today's Move | +Rs 37.75 (+2.66%) |
| Open | Rs 1,380 |
| High | Rs 1,600 |
| Low | Rs 1,350 |
| Turnover | Rs 1.26 crore |
| Market Capitalisation | Rs 601.49 crore |
Magna Electro Castings Ltd. (MAGNAELQ) traded at Rs 1,459 versus the previous close of Rs 1,421.25, a rise of 2.66%. The stock opened at Rs 1,380, reached a high of Rs 1,600 and touched a low of Rs 1,350.
Magna Electro Castings Share Price Today reflects a rise of Rs 37.75 from the previous close, with the stock trading at Rs 1,459 after opening at Rs 1,380. The day’s range of Rs 1,350 to Rs 1,600 shows that the price has already moved through a wide band intraday, while turnover of Rs 1.26 crore gives a factual measure of traded value. The 2.66% advance is the clearest single-day change in the latest session, and the stock is still trading within 2% of its 52-week high, which is why it appears in Univest screens for 52 Week High Stocks and Share Market Today searches.
For a near-high setup, the key point is simple: Magna Electro Castings Share Price is not just moving higher in isolation, it is doing so while staying close to its one-year high area. The stock’s current price sits well above the previous close and near the upper end of the day’s range, and that is enough to make the event notable for readers tracking Magna Electro Castings Share Price Update, price action and broader Stock Updates. The figures confirm the market event, but they do not establish a separate catalyst or company announcement.
Magna Electro Castings Ltd. (MAGNAELQ) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 601.49 crore |
| P/E Ratio | 38.7x |
| P/B Ratio | 4.04x |
| ROE | 13.47% |
| ROCE | 17.47% |
| EPS | Rs 36.73 |
| Book Value Per Share | Rs 351.42 |
| Dividend Yield | 0.35% |
Magna Electro Castings Ltd. (MAGNAELQ) fundamental metrics show P/E 38.7x, P/B 4.04x, ROE 13.47%, ROCE 17.47%. These figures provide context only and are not a buy or sell signal.
Magna Electro Castings Ltd. has a market capitalisation of Rs 601.49 crore, which gives readers a sense of company size before judging valuation. On valuation, P/E at 38.7x, P/B at 4.04x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 13.47% and ROCE of 17.47%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 36.73, book value per share of Rs 351.42, dividend yield of 0.35%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 24.56x, median ROE of 15.82%, median ROCE of 17.43%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Automobile & Ancillaries |
| Industry | Castings/Forgings |
| Benchmark Scope | same industry |
| Company P/E Ratio | 38.7x |
| Benchmark Median P/E | 24.56x |
| Benchmark Average P/E | 43.24x |
| Benchmark P/E Range | 0x to 266.51x |
| Company P/B Ratio | 4.04x |
| Benchmark Median P/B | 2.74x |
| Company ROE | 13.47% |
| Benchmark Median ROE | 15.82% |
| Company ROCE | 17.47% |
| Benchmark Median ROCE | 17.43% |
| Company Market Capitalisation | Rs 601.49 crore |
| Benchmark Median Market Cap | Rs 296.53 crore |
Magna Electro Castings Ltd. (MAGNAELQ) is classified under sector: Automobile & Ancillaries and industry: Castings/Forgings.
Magna Electro Castings Ltd. (MAGNAELQ) has a P/E ratio of 38.7x, which is above the benchmark median of 24.56x, a difference of +57.57%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Magna Electro Castings Ltd. (MAGNAELQ) has a ROE of 13.47%, which is below the benchmark median of 15.82%, a difference of -14.85%. Magna Electro Castings Ltd. (MAGNAELQ) has a ROCE of 17.47%, which is above the benchmark median of 17.43%, a difference of +0.23%.
Track stocks reaching yearly peaks through the Univest 52-week-high screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Simplex Castings Ltd. | SIMPLEXCAS | 563.9 | 24.29 | 4.72 | 33.69 | 24.1 |
| Captain Technocast Ltd. | CTCL | 557.28 | 47.95 | 10.72 | 25.53 | 30.5 |
| Neetu Yoshi Limited | NEETUYOSHI | 893.85 | 34.57 | 6.3 | 51.15 | 46.06 |
| Kalyani Cast-Tech Ltd. | KALYANI | 914.51 | 56.22 | 14.86 | 24.82 | 30.25 |
| Nelcast Ltd. | NELCAST | 946.14 | 22.68 | 1.55 | 8.43 | 11.46 |
Magna Electro Castings Ltd. (MAGNAELQ) has a P/E ratio of 38.7x compared with the displayed peer median of 34.57x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 13.47% compares with a peer median of 25.53% across the companies shown in the table. ROCE stood at 17.47% versus the displayed peer median of 30.25%, providing a capital-efficiency comparison. Magna Electro Castings Ltd. (MAGNAELQ) has a market capitalisation of Rs 601.49 crore. Among the 5 peers shown, 3 have a larger market capitalisation.
Why Investors Are Watching Magna Electro Castings
- Magna Electro Castings Share Price is at Rs 1,459, up 2.66% from the previous close.
- The stock is trading near its 52-week high and one-year high area.
- Market capitalisation is Rs 601.49 crore, with P/E at 38.7 and P/B at 4.04.
- ROE is 13.47%, ROCE is 17.47%, EPS is Rs 36.73 and book value is Rs 351.42.
- Sector comparisons show the company’s P/E above the industry median of 24.56 and ROCE close to the median of 17.43%.
About Magna Electro Castings
Magna Electro Castings Ltd. operates in the Automobile & Ancillaries sector and the Castings/Forgings industry. The company is listed on NSE and BSE under the symbol MAGNAELQ. Its latest figures show a market capitalisation of Rs 601.49 crore, with reported quarterly revenue across Jun 2025 to Jun 2026 providing a view of business scale in the recent reporting cycle. Magna Electro Castings Share Price and Magna Electro Castings Company News remain linked to this sector and industry classification in Univest coverage.
Frequently Asked Questions
Why is Magna Electro Castings Share Price in focus today?
What is Magna Electro Castings Share Price Today?
Ans. Magna Electro Castings Share Price Today is Rs 1,459. It opened at Rs 1,380, moved between Rs 1,350 and Rs 1,600, and traded above the previous close of Rs 1,421.25.
How close is Magna Electro Castings Share Price to its 52-week high?
Ans. Magna Electro Castings Share Price is near its 52-week high and one-year high area. The latest traded price of Rs 1,459 keeps it within 2% of that level, which is why it appears on Univest screens.
What are the key valuation metrics for Magna Electro Castings Share Price?
Ans. Magna Electro Castings Share Price carries a P/E of 38.7 and a P/B of 4.04. EPS is Rs 36.73 and book value per share is Rs 351.42, offering a clear valuation snapshot.
How does Magna Electro Castings compare with its industry benchmark?
Ans. In the Castings/Forgings industry, Magna Electro Castings has a P/E above the median of 24.56 and a P/B above the median of 2.74. ROCE at 17.47% is close to the median of 17.43%.
What does Magna Electro Castings Fundamental Analysis show?
Ans. Magna Electro Castings Fundamental Analysis shows a market cap of Rs 601.49 crore, ROE of 13.47%, ROCE of 17.47%, EPS of Rs 36.73 and dividend yield of 0.35%. These figures provide a measurable context for the share price.
Which sector and industry does Magna Electro Castings belong to?
Ans. Magna Electro Castings belongs to the Automobile & Ancillaries sector and the Castings/Forgings industry. That classification is central to Magna Electro Castings Stock Analysis and its peer comparison with other listed casting companies.
How can investors track Magna Electro Castings Share Price on Univest?
Ans. Investors can track Magna Electro Castings Share Price on Univest for live price updates, valuation ratios, earnings, book value, dividend yield, sector comparison and 52-week levels, all in one place for quick review.
Track Magna Electro Castings Share Price on Univest
Use Magna Electro Castings Ltd. (MAGNAELQ) live share-price page, Univest 52-week-high screener, Univest market blogs to review live stock data, yearly-high lists and related market analysis.
Investors tracking Magna Electro Castings Share Price can follow live price updates, valuation ratios, 52-week levels, earnings figures, book value, dividend yield, sector comparison and related market insights on Univest. Magna Electro Castings Share Price Today, Magna Electro Castings Latest News and Magna Electro Castings Stock News are updated in one place for quick review.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
