{"id":268237,"date":"2026-09-24T14:52:30","date_gmt":"2026-09-24T09:22:30","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=268237"},"modified":"2026-09-24T14:52:30","modified_gmt":"2026-09-24T09:22:30","slug":"why-magna-electro-castings-ltd-share-price-near-52-week-high-today-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-magna-electro-castings-ltd-share-price-near-52-week-high-today-2026\/","title":{"rendered":"Magna Electro Castings Ltd. (MAGNAELQ): Magna Electro Castings Share Price near 52-week high as stock trades at Rs 1,459"},"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 is trading within 2% of its 52-week high of Rs 1,600 today and later stood at Rs 1,459, up 2.66% from the previous close. Market cap was Rs 601.49 crore.<\/em><\/div>\n<p style=\"margin-top:0!important;margin-bottom:0!important;\"><strong>Magna Electro Castings Share Price<\/strong> 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\u2019s market capitalisation at Rs 601.49 crore. The move places <a href=\"https:\/\/univest.in\/stocks\/magnaelq\/magna-electro-castings-ltd-share-price-today\">Magna Electro Castings Ltd. (MAGNAELQ)<\/a> 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.<\/p>\n<p style=\"margin-top:0!important;\">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\u2019s current placement near its yearly high.<\/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-near-52-week-high-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-near-52-week-high-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-near-52-week-high-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-near-52-week-high-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-near-52-week-high-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-near-52-week-high-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-near-52-week-high-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-near-52-week-high-today-2026\/#Why_is_Magna_Electro_Castings_Share_Price_in_focus_today\" title=\"Why is Magna Electro Castings Share Price in focus today?\">Why is Magna Electro Castings Share Price in focus 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-near-52-week-high-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-near-52-week-high-today-2026\/#How_close_is_Magna_Electro_Castings_Share_Price_to_its_52-week_high\" title=\"How close is Magna Electro Castings Share Price to its 52-week high?\">How close is Magna Electro Castings Share Price to its 52-week high?<\/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-near-52-week-high-today-2026\/#What_are_the_key_valuation_metrics_for_Magna_Electro_Castings_Share_Price\" title=\"What are the key valuation metrics for Magna Electro Castings Share Price?\">What are the key valuation metrics for Magna Electro Castings Share Price?<\/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-near-52-week-high-today-2026\/#How_does_Magna_Electro_Castings_compare_with_its_industry_benchmark\" title=\"How does Magna Electro Castings compare with its industry benchmark?\">How does Magna Electro Castings compare with its industry benchmark?<\/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-near-52-week-high-today-2026\/#What_does_Magna_Electro_Castings_Fundamental_Analysis_show\" title=\"What does Magna Electro Castings Fundamental Analysis show?\">What does Magna Electro Castings Fundamental Analysis show?<\/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-near-52-week-high-today-2026\/#Which_sector_and_industry_does_Magna_Electro_Castings_belong_to\" title=\"Which sector and industry does Magna Electro Castings belong to?\">Which sector and industry does Magna Electro Castings belong to?<\/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-near-52-week-high-today-2026\/#How_can_investors_track_Magna_Electro_Castings_Share_Price_on_Univest\" title=\"How can investors track Magna Electro Castings Share Price on Univest?\">How can investors track Magna Electro Castings Share Price on Univest?<\/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-near-52-week-high-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<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 1,459<\/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 1,421.25<\/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 37.75 (+2.66%)<\/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 1,380<\/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 1,600<\/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 1,350<\/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 1.26 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 601.49 crore<\/td>\n<\/tr>\n<\/table>\n<p>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.<\/p>\n<p>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\u2019s 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.<\/p>\n<p>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\u2019s current price sits well above the previous close and near the upper end of the day\u2019s 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.<\/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 601.49 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;\">38.7x<\/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;\">4.04x<\/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;\">0.35%<\/td>\n<\/tr>\n<\/table>\n<p>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.<\/p>\n<p>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.<\/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;\">38.7x<\/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;\">24.56x<\/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;\">43.24x<\/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;\">0x to 266.51x<\/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;\">4.04x<\/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;\">2.74x<\/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;\">15.82%<\/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;\">17.43%<\/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 601.49 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 296.53 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 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.<\/p>\n<p>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%.<\/p>\n<p>Track stocks reaching yearly peaks through the <a href=\"https:\/\/univest.in\/screeners\/52-week-high\">Univest 52-week-high 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<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<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/simplexcas\/simplex-castings-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Simplex Castings Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">SIMPLEXCAS<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">563.9<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">24.29<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">4.72<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">33.69<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">24.1<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/ctcl\/captain-technocast-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Captain Technocast Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">CTCL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">557.28<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">47.95<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">10.72<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">25.53<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">30.5<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/neetuyoshi\/neetu-yoshi-limited-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Neetu Yoshi Limited<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">NEETUYOSHI<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">893.85<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">34.57<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">6.3<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">51.15<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">46.06<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/kalyani\/kalyani-cast-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Kalyani Cast-Tech Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">KALYANI<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">914.51<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">56.22<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">14.86<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">24.82<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">30.25<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/nelcast\/nelcast-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Nelcast Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">NELCAST<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">946.14<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">22.68<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1.55<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">8.43<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">11.46<\/td>\n<\/tr>\n<\/table>\n<p>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.<\/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>Magna Electro Castings Share Price is at Rs 1,459, up 2.66% from the previous close.<\/li>\n<li>The stock is trading near its 52-week high and one-year high area.<\/li>\n<li>Market capitalisation is Rs 601.49 crore, with P\/E at 38.7 and P\/B at 4.04.<\/li>\n<li>ROE is 13.47%, ROCE is 17.47%, EPS is Rs 36.73 and book value is Rs 351.42.<\/li>\n<li>Sector comparisons show the company\u2019s P\/E above the industry median of 24.56 and ROCE close to the median of 17.43%.<\/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 Automobile &#038; 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.<\/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_in_focus_today\"><\/span><strong>Why is Magna Electro Castings Share Price in focus today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\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 1,459. 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_close_is_Magna_Electro_Castings_Share_Price_to_its_52-week_high\"><\/span><strong>How close is Magna Electro Castings Share Price to its 52-week high?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_key_valuation_metrics_for_Magna_Electro_Castings_Share_Price\"><\/span><strong>What are the key valuation metrics for Magna Electro Castings Share Price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_Magna_Electro_Castings_compare_with_its_industry_benchmark\"><\/span><strong>How does Magna Electro Castings compare with its industry benchmark?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Magna_Electro_Castings_Fundamental_Analysis_show\"><\/span><strong>What does Magna Electro Castings Fundamental Analysis show?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_sector_and_industry_does_Magna_Electro_Castings_belong_to\"><\/span><strong>Which sector and industry does Magna Electro Castings belong to?<\/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 the Castings\/Forgings industry. That classification is central to Magna Electro Castings Stock Analysis and its peer comparison with other listed casting companies.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_can_investors_track_Magna_Electro_Castings_Share_Price_on_Univest\"><\/span><strong>How can investors track Magna Electro Castings Share Price on Univest?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/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 in focus today? What is Magna Electro Castings Share Price Today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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.\"}},{\"@type\":\"Question\",\"name\":\"How close is Magna Electro Castings Share Price to its 52-week high?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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.\"}},{\"@type\":\"Question\",\"name\":\"What are the key valuation metrics for Magna Electro Castings Share Price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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.\"}},{\"@type\":\"Question\",\"name\":\"How does Magna Electro Castings compare with its industry benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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%.\"}},{\"@type\":\"Question\",\"name\":\"What does Magna Electro Castings Fundamental Analysis show?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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.\"}},{\"@type\":\"Question\",\"name\":\"Which sector and industry does Magna Electro Castings belong to?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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.\"}},{\"@type\":\"Question\",\"name\":\"How can investors track Magna Electro Castings Share Price on Univest?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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.\"}}]}<\/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\/52-week-high\">Univest 52-week-high screener<\/a>, <a href=\"https:\/\/univest.in\/blogs\">Univest market blogs<\/a> to review live stock data, yearly-high lists and related market analysis.<\/p>\n<p>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.<\/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 trades near its 52-week high at Rs 1,459, marking a 2.66% rise today. Market cap stands at Rs 601.49 crore.<\/p>\n","protected":false},"author":29,"featured_media":268236,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-268237","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["268236"],"rank_math_title":["Magna Electro Castings Share Price Today near yearly high"],"rank_math_description":["Magna Electro Castings Share Price is near its 52-week high at Rs 1,459. See today's move, turnover, valuation and peer 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-near-52.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/268237","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=268237"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/268237\/revisions"}],"predecessor-version":[{"id":268238,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/268237\/revisions\/268238"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/268236"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=268237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=268237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=268237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}