Magna Electro Castings Ltd. (MAGNAELQ) Share Price Trades Within 2% of 52-Week High

Magna Electro Castings Ltd. Share Price stood at Rs 1,275, with the stock trading within 2% of its 52-week high. The company’s market capitalisation was Rs 512.47 crore at the screening event.

Magna Electro Castings Ltd. Share Price was Rs 1,275 when the Univest screener identified the stock as trading within 2% of its 52-week high on 10 August 2026 at 2:30:50 PM IST. With a market capitalisation of Rs 512.47 crore, the move has placed this Castings/Forgings company on the radar of investors tracking stocks near their one-year peaks.

The supplied data confirms the price event and shows that Magna Electro Castings Ltd. Share Price is being watched in the context of valuation, profitability and industry positioning. It does not establish a company-specific catalyst, but the screening event itself is relevant because stocks near yearly highs often draw additional attention for both momentum tracking and relative-value analysis.

For readers following Magna Electro Castings Ltd. Share Price Today, the headline number is straightforward: the stock qualified on the Univest system at Rs 1,275 and was flagged as being within striking distance of its 52-week high. That makes it useful to examine not only the price setup, but also the company’s P/E, P/B, return ratios and how it compares with other listed castings businesses.

Magna Electro Castings Ltd. Share Price Today: Within 2% of 52-Week High

Metric	Value
LTP at 2% Qualification	Rs 1,275
Market Capitalisation	Rs 512.47 crore
52-Week High Position	Trading within 2% of its 52-week high

Magna Electro Castings Ltd. (MAGNAELQ) traded at Rs 1,275. Reported volume was 1,134.

Magna Electro Castings Ltd. Share Price Today was Rs 1,275 at the event qualification time recorded by Univest, and the stock was identified by the screener as trading within 2% of its 52-week high. That matters because proximity to a one-year high tends to become a visibility trigger in the market even when the supplied data does not specify an intraday catalyst.

In practical terms, Magna Electro Castings Ltd. Share Price being close to its yearly high suggests that the stock is holding in a relatively strong zone versus its own 12-month range. Investors often watch such setups to judge whether a stock is sustaining interest, consolidating near highs or attracting fresh attention from screen-based participants. The qualification here confirms the proximity, not a breakout or a new high.

At Rs 1,275, Magna Electro Castings Ltd. Share Price also reflects the market’s current willingness to value the company at Rs 512.47 crore. For a business in the Automobile & Ancillaries sector and the Castings/Forgings industry, this kind of positioning typically pushes attention beyond price alone and toward quality of earnings, balance-sheet strength and relative valuations against peers.

That is why the current setup is best read as an invitation to examine the fundamentals in more detail. Since the supplied indicator set does not include a complete technical pack for a full momentum read, the next step is to assess whether Magna Electro Castings Ltd. Share Price is supported by the available financial metrics.

Magna Electro Castings Ltd. (MAGNAELQ) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 512.47 crore
P/E Ratio	27.74x
P/B Ratio	3.53x
ROE	10.33%
ROCE	13.81%
EPS	Rs 43.65
Book Value Per Share	Rs 342.62
Dividend Yield	0.41%

Magna Electro Castings Ltd. was valued at a P/E ratio of 27.74x, a P/B ratio of 3.53x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.

Profitability and capital efficiency were represented by ROE of 10.33% and ROCE of 13.81%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.

Per-share and shareholder-return metrics included EPS of Rs 43.65, book value per share of Rs 342.62, dividend yield of 0.41%. Dividend yield is a current or historical ratio and does not guarantee future distributions.

Sector and Industry Context

Metric	Value
Sector	Automobile & Ancillaries
Industry	Castings/Forgings
Benchmark Scope	same industry
Company P/E Ratio	27.74x
Benchmark Median P/E	18.81x
Benchmark Average P/E	29.25x
Benchmark P/E Range	0x to 201.28x
Company P/B Ratio	3.53x
Benchmark Median P/B	2.23x
Company ROE	10.33%
Benchmark Median ROE	6.58%
Company ROCE	13.81%
Benchmark Median ROCE	9.6%
Company Market Capitalisation	Rs 512.47 crore
Benchmark Median Market Cap	Rs 192.06 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 27.74x, which is above the benchmark median of 18.81x, a difference of +47.47%. 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 10.33%, which is above the benchmark median of 6.58%, a difference of +56.99%. Magna Electro Castings Ltd. (MAGNAELQ) has a ROCE of 13.81%, which is above the benchmark median of 9.6%, a difference of +43.85%.

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 (%)
Kalyani Cast-Tech Ltd.	KALYANI	549.99	32.2	8.51	7.68	4.62
Captain Technocast Ltd.	CTCL	617.42	53.12	11.88	16.77	17.15
Simplex Castings Ltd.	SIMPLEXCAS	420.1	19.76	3.7	2.37	10.04
Neetu Yoshi Limited	NEETUYOSHI	634.97	25.39	4.63	99.37	64.53
Thaai Casting Ltd.	TCL-SM	289.3	22.69	3.42	14.76	14.71

Magna Electro Castings Ltd. (MAGNAELQ) has a P/E ratio of 27.74x compared with the displayed peer median of 25.39x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 10.33% compares with a peer median of 14.76% across the companies shown in the table. ROCE stood at 13.81% versus the displayed peer median of 14.71%, providing a capital-efficiency comparison. Magna Electro Castings Ltd. (MAGNAELQ) has a market capitalisation of Rs 512.47 crore. Among the 5 peers shown, 3 have a larger market capitalisation.

Why Investors Are Watching Magna Electro Castings Ltd.

• Magna Electro Castings Ltd. Share Price was Rs 1,275 when Univest flagged it as trading within 2% of its 52-week high.
• The company has a market capitalisation of Rs 512.47 crore, making it a meaningful listed player within the Castings/Forgings industry.
• Valuation stands at 27.74 times earnings and 3.53 times book value, inviting comparison with industry norms.
• ROE of 10.33% and ROCE of 13.81% are above the same-industry benchmark median and average in the supplied data.
• Peer figures show Magna Electro Castings Ltd. Share Price sits in a middle valuation band rather than at the most expensive end.
• The stock’s visibility is rising because proximity to a 52-week high often pushes investors to revisit both price action and business quality together.

About Magna Electro Castings Ltd.

Magna Electro Castings Ltd. operates in the Automobile & Ancillaries sector and is classified within the Castings/Forgings industry. That places the company in a manufacturing segment that serves end-use demand linked to industrial and automotive component ecosystems.

For investors following Magna Electro Castings Ltd. Share Price, this classification matters because listed castings businesses are often compared on a mix of scale, capital efficiency and valuation discipline rather than on broad sector labels alone. In this case, Magna Electro Castings Ltd. is part of an industry group where peer valuation and return ratios vary widely, as reflected in the supplied benchmark ranges.

Its current market capitalisation of Rs 512.47 crore places it above the median size of the 24-company same-industry benchmark tracked in the Univest dataset. That makes the stock relevant not only as a near-52-week-high screen candidate, but also as a mid-sized listed manufacturing company whose valuation and profitability can be assessed against a clearly defined peer universe.

Track Magna Electro Castings Ltd. 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 Ltd. Share Price can use Univest to follow live price moves, 52-week levels, valuation ratios, profitability metrics, peer comparisons and broader market insights in one place. For stocks such as Magna Electro Castings Ltd. that are trading close to a one-year high, a combined view of price, fundamentals and sector context can be especially useful.

Univest also helps users monitor Magna Electro Castings Ltd. Share Price Today alongside data points such as P/E, P/B, ROE, ROCE, EPS, book value and dividend yield. When a stock appears on a near-52-week-high screen, keeping that data together can improve context without turning the analysis into a recommendation.

Frequently Asked Questions

What is Magna Electro Castings Ltd. Share Price today?

Ans. Magna Electro Castings Ltd. Share Price was Rs 1,275 when the Univest screener qualified the stock on 10 August 2026 at 2:30:50 PM IST. The same screening event also identified it as trading within 2% of its 52-week high.

Why is Magna Electro Castings Ltd. Share Price in focus today?

Ans. Magna Electro Castings Ltd. Share Price is in focus because the stock was identified by the Univest screener as trading within 2% of its 52-week high. Its market capitalisation of Rs 512.47 crore adds relevance within the listed castings space.

What is the market capitalisation behind Magna Electro Castings Ltd. Share Price?

Ans. The market capitalisation attached to Magna Electro Castings Ltd. Share Price was Rs 512.47 crore at the screening event. That is above the same-industry median of Rs 192.06 crore and the average of Rs 395.05 crore in the supplied benchmark.

Is Magna Electro Castings Ltd. Share Price expensive on earnings?

Ans. Magna Electro Castings Ltd. Share Price trades at a P/E of 27.74. That is above the same-industry median P/E of 18.81 but below the average of 29.25, placing the stock in the higher part of the industry valuation range.

How does book value support Magna Electro Castings Ltd. Share Price analysis?

Ans. Magna Electro Castings Ltd. Share Price is backed by a book value per share of Rs 342.62 and a P/B ratio of 3.53. The P/B is above the industry median of 2.23 but below the average of 4.77 in the.

What do ROE and ROCE indicate for Magna Electro Castings Ltd. Share Price?

Ans. Magna Electro Castings Ltd. reports ROE of 10.33% and ROCE of 13.81%. Both are above the same-industry median levels of 6.58% and 9.60%, and also above the benchmark averages of 9.56% and 12.66%.

What are the EPS and dividend yield for Magna Electro Castings Ltd.?

Ans. Magna Electro Castings Ltd. has an EPS of Rs 43.65 and a dividend yield of 0.41. EPS shows earnings attributable to each share, while dividend yield reflects the historical payout relative to the prevailing market price.

How does Magna Electro Castings Ltd. compare with listed peers?

Ans. Magna Electro Castings Ltd. Share Price reflects a P/E of 27.74, which sits below Kalyani Cast-Tech at 32.20 and Captain Technocast at 53.12, but above Simplex Castings at 19.76 and Thaai Casting at 22.69.

Which sector and industry does Magna Electro Castings Ltd. belong to?

Ans. Magna Electro Castings Ltd. belongs to the Automobile & Ancillaries sector and the Castings/Forgings industry. The supplied sector benchmark uses a same-industry comparison scope covering 24 companies, giving a direct context for valuation and returns.

Where can investors track Magna Electro Castings Ltd. Share Price?

Ans. Investors can track Magna Electro Castings Ltd. Share Price on Univest for live price data, 52-week levels, valuation ratios, profitability metrics, peer comparisons and broader market insights. That is useful when the stock is trading near its one-year high.