{"id":229228,"date":"2026-09-03T11:58:38","date_gmt":"2026-09-03T06:28:38","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=229228"},"modified":"2026-09-03T11:58:38","modified_gmt":"2026-09-03T06:28:38","slug":"why-magna-electro-castings-ltd-share-price-rise-today-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-magna-electro-castings-ltd-share-price-rise-today-2026\/","title":{"rendered":"Magna Electro Castings Ltd. (MAGNAELQ): Magna Electro Castings Share Price Rises 9.24% Today"},"content":{"rendered":"<div class=\"univest-blue-summary\" style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:12px 16px;margin:0 0 18px 0;font-style:italic;\"><em><a href=\"https:\/\/univest.in\/stocks\/magnaelq\/magna-electro-castings-ltd-share-price-today\">Magna Electro Castings Ltd. (MAGNAELQ)<\/a> share price rose to Rs 1,407 today, up 9.24% from the previous close. Market cap was Rs 545.07 crore.<\/em><\/div>\n<p style=\"margin-top:0!important;\">Magna Electro Castings Share Price is trading at Rs 1,407, up 9.24% today, with market capitalisation at Rs 545.07 crore. The latest Univest figures show a sharp share price rise without a verified company-specific catalyst.<\/p>\n<p>Magna Electro Castings Share Price moved higher today as the stock traded at Rs 1,407, up Rs 119.05 from the previous close of Rs 1,287.95, while market capitalisation stood at Rs 545.07 crore. The share price gain has placed Magna Electro Castings Ltd. in focus in Stocks in News and Top Gainers Today searches, even though the latest Univest figures do not establish a company-specific trigger.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/why-magna-electro-castings-ltd-share-price-rise-today-2026\/#Magna_Electro_Castings_Share_Price_Today_Price_Action_Analysis\" title=\"Magna Electro Castings Share Price Today: Price Action Analysis\">Magna Electro Castings Share Price Today: Price Action Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/why-magna-electro-castings-ltd-share-price-rise-today-2026\/#Magna_Electro_Castings_Ltd_MAGNAELQ_Fundamental_Analysis\" title=\"Magna Electro Castings Ltd. (MAGNAELQ) Fundamental Analysis\">Magna Electro Castings Ltd. (MAGNAELQ) Fundamental Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/why-magna-electro-castings-ltd-share-price-rise-today-2026\/#Sector_and_Industry_Context\" title=\"Sector and Industry Context\">Sector and Industry Context<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/why-magna-electro-castings-ltd-share-price-rise-today-2026\/#Peer_Comparison\" title=\"Peer Comparison\">Peer Comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/why-magna-electro-castings-ltd-share-price-rise-today-2026\/#Why_Investors_Are_Watching_Magna_Electro_Castings\" title=\"Why Investors Are Watching Magna Electro Castings\">Why Investors Are Watching Magna Electro Castings<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/why-magna-electro-castings-ltd-share-price-rise-today-2026\/#About_Magna_Electro_Castings\" title=\"About Magna Electro Castings\">About Magna Electro Castings<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/why-magna-electro-castings-ltd-share-price-rise-today-2026\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/why-magna-electro-castings-ltd-share-price-rise-today-2026\/#Why_is_Magna_Electro_Castings_Share_Price_rising_today\" title=\"Why is Magna Electro Castings Share Price rising today?\">Why is Magna Electro Castings Share Price rising today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/why-magna-electro-castings-ltd-share-price-rise-today-2026\/#What_is_Magna_Electro_Castings_Share_Price_today\" title=\"What is Magna Electro Castings Share Price today?\">What is Magna Electro Castings Share Price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/why-magna-electro-castings-ltd-share-price-rise-today-2026\/#What_is_the_market_capitalisation_of_Magna_Electro_Castings\" title=\"What is the market capitalisation of Magna Electro Castings?\">What is the market capitalisation of Magna Electro Castings?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/why-magna-electro-castings-ltd-share-price-rise-today-2026\/#How_is_Magna_Electro_Castings_valued_on_PE_and_PB\" title=\"How is Magna Electro Castings valued on PE and PB?\">How is Magna Electro Castings valued on PE and PB?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/why-magna-electro-castings-ltd-share-price-rise-today-2026\/#What_do_EPS_book_value_and_dividend_yield_show_for_this_stock\" title=\"What do EPS, book value and dividend yield show for this stock?\">What do EPS, book value and dividend yield show for this stock?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/why-magna-electro-castings-ltd-share-price-rise-today-2026\/#How_do_ROE_and_ROCE_compare_for_Magna_Electro_Castings\" title=\"How do ROE and ROCE compare for Magna Electro Castings?\">How do ROE and ROCE compare for Magna Electro Castings?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/why-magna-electro-castings-ltd-share-price-rise-today-2026\/#How_does_Magna_Electro_Castings_compare_with_peers\" title=\"How does Magna Electro Castings compare with peers?\">How does Magna Electro Castings compare with peers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/why-magna-electro-castings-ltd-share-price-rise-today-2026\/#Where_does_Magna_Electro_Castings_fit_in_the_sector\" title=\"Where does Magna Electro Castings fit in the sector?\">Where does Magna Electro Castings fit in the sector?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/why-magna-electro-castings-ltd-share-price-rise-today-2026\/#Track_Magna_Electro_Castings_Share_Price_on_Univest\" title=\"Track Magna Electro Castings Share Price on Univest\">Track Magna Electro Castings Share Price on Univest<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Magna_Electro_Castings_Share_Price_Today_Price_Action_Analysis\"><\/span><strong>Magna Electro Castings Share Price Today: Price Action Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>For readers tracking Magna Electro Castings Share Price Today, the move is notable because the stock opened at Rs 1,310 and touched a high of Rs 1,410 after trading between Rs 1,310 and Rs 1,410. That places the stock near the upper end of the day\u2019s range as the share price rose. In Univest stock news coverage, this kind of move usually draws attention to price action first, then to valuation and sector context. The latest Univest figures suggest investors should monitor whether the price rise is supported by the company\u2019s fundamentals and how it compares with peers in the castings and forgings space.<\/p>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Current Price<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,407<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Previous Close<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,287.95<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Today&#39;s Move<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 119.05 (+9.24%)<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Open<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,310<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>High<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,410<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Low<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,310<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Turnover<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 0.31 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 545.07 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Cap Category<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Micro Cap<\/td>\n<\/tr>\n<\/table>\n<p>Magna Electro Castings Ltd. (MAGNAELQ) rose to Rs 1,407 from the previous close of Rs 1,287.95, a move of Rs 119.05 or 9.24%. The stock opened at Rs 1,310, reached a high of Rs 1,410, recorded a low of Rs 1,310.<\/p>\n<p>Magna Electro Castings Share Price today reflects a strong intraday move of Rs 119.05, or 9.24%, from the previous close of Rs 1,287.95 to Rs 1,407. The stock opened at Rs 1,310, matched that as the day\u2019s low, and touched Rs 1,410, which kept the entire move tightly anchored to the upper end of the range. Turnover stood at Rs 0.31 crore. On Univest, this is the sort of share price rise that brings a small-cap industrial name into immediate market attention, especially when the move is large enough to appear in stock news and share price live searches.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Magna_Electro_Castings_Ltd_MAGNAELQ_Fundamental_Analysis\"><\/span><strong>Magna Electro Castings Ltd. (MAGNAELQ) Fundamental Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 545.07 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">35.07x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">3.67x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">13.47%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">17.47%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>EPS<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 36.73<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Book Value Per Share<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 351.42<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Dividend Yield<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">0.39%<\/td>\n<\/tr>\n<\/table>\n<p>Magna Electro Castings Ltd. (MAGNAELQ) fundamental metrics show P\/E 35.07x, P\/B 3.67x, ROE 13.47%, ROCE 17.47%. These figures provide context only and are not a buy or sell signal.<\/p>\n<p>Magna Electro Castings Ltd. has a market capitalisation of Rs 545.07 crore and falls in the Micro Cap category, which gives readers a sense of company size before judging valuation. On valuation, P\/E at 35.07x, P\/B at 3.67x 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 0.39%, 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 24.18x, median ROE of 15.56%, median ROCE of 17.47%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Sector_and_Industry_Context\"><\/span><strong>Sector and Industry Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Sector<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Automobile &amp; Ancillaries<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Industry<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Castings\/Forgings<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Scope<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">same industry<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">35.07x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">24.18x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">43.53x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark P\/E Range<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">3.53x to 270.84x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">3.67x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/B<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">2.61x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">13.47%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">15.56%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">17.47%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">17.47%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 545.07 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median Market Cap<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 312.79 crore<\/td>\n<\/tr>\n<\/table>\n<p>Magna Electro Castings Ltd. (MAGNAELQ) is classified under sector: Automobile &amp; Ancillaries and industry: Castings\/Forgings.<\/p>\n<p>Magna Electro Castings Ltd. (MAGNAELQ) has a P\/E ratio of 35.07x, which is above the benchmark median of 24.18x, a difference of +45.04%. P\/E is a valuation multiple and is not, by itself, a buy or sell signal.<\/p>\n<p>Magna Electro Castings Ltd. (MAGNAELQ) has a ROE of 13.47%, which is below the benchmark median of 15.56%, a difference of -13.43%. Magna Electro Castings Ltd. (MAGNAELQ) has a ROCE of 17.47%, which is equal to the benchmark median of 17.47%, a difference of 0%.<\/p>\n<p>Track stocks leading today through the <a href=\"https:\/\/univest.in\/screeners\/top-gainers\">Univest top gainers screener<\/a>. The peer table below provides the company-level comparison.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Peer_Comparison\"><\/span><strong>Peer Comparison<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Company<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Symbol<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Market Cap (Cr)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/E<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/B<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROE (%)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROCE (%)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/aiaeng\/aia-engineering-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>AIA Engineering Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">AIAENG<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">39,603.77<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">30.64<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">4.66<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">16.97<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">21.16<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/ptcil\/ptc-industries-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>PTC Industries Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">PTCIL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">34,071.69<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">270.84<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">22.14<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">6.03<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">7.66<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/steelcas\/steelcast-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Steelcast Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">STEELCAS<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">3,328.47<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">36.7<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">7.95<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">24.1<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">32.41<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/invprecq\/investment-and-precision-castings-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Investment &amp; Precision Castings Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">INVPRECQ<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,280<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">87.46<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">11.85<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">12.13<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">14.14<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/alicon\/alicon-castalloy-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Alicon Castalloy Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">ALICON<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,084.49<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">29.81<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1.7<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">8.18<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">11.84<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Magna Electro Castings Ltd. (MAGNAELQ) has a P\/E ratio of 35.07x compared with the displayed peer median of 36.7x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 13.47% compares with a peer median of 12.13% across the companies shown in the table. ROCE stood at 17.47% versus the displayed peer median of 14.14%, providing a capital-efficiency comparison. Magna Electro Castings Ltd. (MAGNAELQ) has a market capitalisation of Rs 545.07 crore. Among the 5 peers shown, 5 have a larger market capitalisation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Investors_Are_Watching_Magna_Electro_Castings\"><\/span><strong>Why Investors Are Watching Magna Electro Castings<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>The stock is trading at Rs 1,407 after a 9.24% share price rise, which has lifted Magna Electro Castings Share Price into market focus.<\/li>\n<li>The latest Univest figures show the day\u2019s high at Rs 1,410 and a narrow intraday range around that level.<\/li>\n<li>Valuation remains relevant, with PE at 35.07 and PB at 3.67 for Magna Electro Castings Share Price analysis.<\/li>\n<li>ROE of 13.47% and ROCE of 17.47% give investors a profitability lens for Magna Electro Castings Fundamental Analysis.<\/li>\n<li>The company operates in the Automobile &#038; Ancillaries sector and Castings\/Forgings industry, where peer comparison is useful.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"About_Magna_Electro_Castings\"><\/span><strong>About Magna Electro Castings<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Magna Electro Castings Ltd. operates in the Castings\/Forgings industry within the Automobile &#038; Ancillaries sector. The business is part of India\u2019s industrial supply chain, where castings are used across automotive and allied manufacturing applications. For readers searching Magna Electro Castings Company News, the company\u2019s listed profile is most relevant through its market cap, earnings ratios and sector positioning rather than a broad consumer brand presence.<\/p>\n<p>Magna Electro Castings Share Price therefore tends to reflect both industrial demand sentiment and company-level financial performance. Its valuation metrics, including PE, PB, EPS, book value and dividend yield, help frame the stock\u2019s place among listed castings peers. In Univest company news coverage, such industrial names often gain visibility when a price rise coincides with a clear valuation comparison and a sector backdrop that is easy to benchmark.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_Magna_Electro_Castings_Share_Price_rising_today\"><\/span><strong>Why is Magna Electro Castings Share Price rising today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Magna Electro Castings Share Price rose 9.24% to Rs 1,407 from Rs 1,287.95. The latest Univest figures confirm the move, but they do not establish a company-specific catalyst for the share price gain.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Magna_Electro_Castings_Share_Price_today\"><\/span><strong>What is Magna Electro Castings Share Price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Magna Electro Castings Share Price today is Rs 1,407. The stock gained Rs 119.05 during the day and traded between Rs 1,310 and Rs 1,410, placing it near the top of its range.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_capitalisation_of_Magna_Electro_Castings\"><\/span><strong>What is the market capitalisation of Magna Electro Castings?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Magna Electro Castings has a market capitalisation of Rs 545.07 crore. That size is above the Castings\/Forgings industry median of Rs 312.79 crore, though far below the sector average.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_is_Magna_Electro_Castings_valued_on_PE_and_PB\"><\/span><strong>How is Magna Electro Castings valued on PE and PB?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Magna Electro Castings has a PE ratio of 35.07 and PB ratio of 3.67. Both place the stock above the industry median on valuation, but below the industry average on PE.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_do_EPS_book_value_and_dividend_yield_show_for_this_stock\"><\/span><strong>What do EPS, book value and dividend yield show for this stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Magna Electro Castings reports EPS of 36.73, book value of 351.42 and dividend yield of 0.39%. These figures help explain the current share price and the stock\u2019s earnings and asset base.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_ROE_and_ROCE_compare_for_Magna_Electro_Castings\"><\/span><strong>How do ROE and ROCE compare for Magna Electro Castings?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> ROE is 13.47% and ROCE is 17.47% for Magna Electro Castings. ROCE matches the industry median, while ROE sits a little below the benchmark median in the same industry.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_Magna_Electro_Castings_compare_with_peers\"><\/span><strong>How does Magna Electro Castings compare with peers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Magna Electro Castings compares with peers such as AIA Engineering, Steelcast, PTC Industries and Alicon Castalloy. Its valuation is lower than some high-multiple names but higher than lower-P\/B peer set members.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Where_does_Magna_Electro_Castings_fit_in_the_sector\"><\/span><strong>Where does Magna Electro Castings fit in the sector?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Magna Electro Castings belongs to the Automobile &amp; Ancillaries sector and Castings\/Forgings industry. Its share price rise today stands out because the sector benchmark includes 27 companies with wide valuation dispersion.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Why is Magna Electro Castings Share Price rising today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Magna Electro Castings Share Price rose 9.24% to Rs 1,407 from Rs 1,287.95. The latest Univest figures confirm the move, but they do not establish a company-specific catalyst for the share price gain.\"}},{\"@type\":\"Question\",\"name\":\"What is Magna Electro Castings Share Price today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Magna Electro Castings Share Price today is Rs 1,407. The stock gained Rs 119.05 during the day and traded between Rs 1,310 and Rs 1,410, placing it near the top of its range.\"}},{\"@type\":\"Question\",\"name\":\"What is the market capitalisation of Magna Electro Castings?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Magna Electro Castings has a market capitalisation of Rs 545.07 crore. That size is above the Castings\/Forgings industry median of Rs 312.79 crore, though far below the sector average.\"}},{\"@type\":\"Question\",\"name\":\"How is Magna Electro Castings valued on PE and PB?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Magna Electro Castings has a PE ratio of 35.07 and PB ratio of 3.67. Both place the stock above the industry median on valuation, but below the industry average on PE.\"}},{\"@type\":\"Question\",\"name\":\"What do EPS, book value and dividend yield show for this stock?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Magna Electro Castings reports EPS of 36.73, book value of 351.42 and dividend yield of 0.39%. These figures help explain the current share price and the stock\u2019s earnings and asset base.\"}},{\"@type\":\"Question\",\"name\":\"How do ROE and ROCE compare for Magna Electro Castings?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"ROE is 13.47% and ROCE is 17.47% for Magna Electro Castings. ROCE matches the industry median, while ROE sits a little below the benchmark median in the same industry.\"}},{\"@type\":\"Question\",\"name\":\"How does Magna Electro Castings compare with peers?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Magna Electro Castings compares with peers such as AIA Engineering, Steelcast, PTC Industries and Alicon Castalloy. Its valuation is lower than some high-multiple names but higher than lower-P\/B peer set members.\"}},{\"@type\":\"Question\",\"name\":\"Where does Magna Electro Castings fit in the sector?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Magna Electro Castings belongs to the Automobile & Ancillaries sector and Castings\/Forgings industry. Its share price rise today stands out because the sector benchmark includes 27 companies with wide valuation dispersion.\"}}]}<\/script><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Track_Magna_Electro_Castings_Share_Price_on_Univest\"><\/span><strong>Track Magna Electro Castings Share Price on Univest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Use <a href=\"https:\/\/univest.in\/stocks\/magnaelq\/magna-electro-castings-ltd-share-price-today\">Magna Electro Castings Ltd. (MAGNAELQ) live share-price page<\/a>, <a href=\"https:\/\/univest.in\/screeners\/top-gainers\">Univest top gainers screener<\/a>, <a href=\"https:\/\/univest.in\/blogs\">Univest market blogs<\/a> to review live stock data, top-gainers lists and related market analysis.<\/p>\n<p>Investors can track Magna Electro Castings Share Price on Univest for live updates, price history, market cap, valuation ratios, sector context and company-level stock news. Univest also helps users follow Magna Electro Castings Share Price Today alongside peer comparison and broader market insights.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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).<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Magna Electro Castings Ltd. Share Price rises to Rs 1,407, marking a 9.24% rise today. Market cap stands at Rs 545.07 crore.<\/p>\n","protected":false},"author":29,"featured_media":229226,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-229228","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["229226"],"rank_math_title":["Magna Electro Castings Share Price Today: Key Valuation View"],"rank_math_description":["Magna Electro Castings Share Price rose 9.24% to Rs 1,407. See today\u2019s price action, market cap, valuation, fundamentals and sector comparison."],"rank_math_focus_keyword":["Magna Electro Castings Share Price"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/Magna_Electro_Castings_Ltd_MAGNAELQ_Magna_Electro_Castings_Share_Price_Rises_924_Today_bullish.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/229228","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=229228"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/229228\/revisions"}],"predecessor-version":[{"id":229229,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/229228\/revisions\/229229"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/229226"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=229228"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=229228"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=229228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}