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

Magna Electro Castings Ltd. Share Price is Rs 1,275, placing the stock within 2% of its 52-week high. The company’s market capitalisation stands at Rs 512.47 crore.

Magna Electro Castings Ltd. Share Price is at Rs 1,275, and the stock is trading within 2% of its 52-week high, putting this small-cap castings company on the market radar at a market capitalisation of Rs 512.47 crore. The Univest screener identified the move at 10 August 2026 at 2:30:50 PM IST, confirming that Magna Electro Castings Ltd. Share Price has moved close to its one-year peak.

That matters because stocks trading near their yearly highs often attract attention for momentum, valuation re-checks and peer comparisons, especially in industries where investors track operating efficiency and capital returns closely. In this case, the supplied data confirms the price event but does not establish a company-specific catalyst. Even so, Magna Electro Castings Ltd. Share Price is now being watched alongside its valuation ratios, profitability profile and industry positioning within Automobile & Ancillaries and the Castings/Forgings segment.

For investors following Magna Electro Castings Ltd. Share Price Today, the immediate question is not only where the stock is trading, but whether the available fundamentals and industry benchmarks support the attention. Based on the verified numbers supplied to Univest, the picture is more analytical than speculative.

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 stands at Rs 1,275, which is the exact last traded price captured at event qualification. The Univest screener flags the stock as trading within 2% of its 52-week high, a proximity zone that usually draws additional interest because it places the share price close to a key long-term reference point.

When a stock trades near its one-year high, market participants typically examine whether the move is being supported by earnings quality, valuation comfort, return ratios and peer positioning. That is particularly relevant for Magna Electro Castings Ltd. Share Price because the company operates in the Castings/Forgings industry, where comparisons on P/E, P/B, ROE and ROCE can quickly shape market perception. The available data does not provide intraday open, high, low, previous close, turnover or trading-activity figures, so the strongest verified price fact remains the event-qualified level of Rs 1,275 and the stock’s proximity to its yearly high.

This does not, by itself, confirm a breakout or a new high. It simply confirms that Magna Electro Castings Ltd. Share Price is close enough to that one-year peak to qualify on the screener. For investors tracking Magna Electro Castings Ltd. Stock News, that is often the starting point for a broader review rather than a conclusion. The next step is to assess whether the company’s valuation and profitability ratios justify why Magna Electro Castings Ltd. Share Price is drawing attention in this zone.

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 is at Rs 1,275 and is trading within 2% of its 52-week high.
• The company carries a market capitalisation of Rs 512.47 crore, above the same-industry median of Rs 192.06 crore.
• Its P/E of 27.74 is above the industry median of 18.81 but below the industry average of 29.25.
• ROE of 10.33% and ROCE of 13.81% are both above the same-industry medians and averages supplied.
• Peer comparisons show a middle-of-the-pack valuation profile with competitive, though not top-tier, return ratios.
• For Magna Electro Castings Ltd. Stock News watchers, the yearly-high proximity has created a natural trigger for deeper fundamental and sector review on Univest.

About Magna Electro Castings Ltd.

Magna Electro Castings Ltd. is a listed company classified under the Automobile & Ancillaries sector and the Castings/Forgings industry. Based on the verified company classification supplied, the business sits in a manufacturing-linked segment that is typically assessed through earnings multiples, book-value metrics and return ratios such as ROE and ROCE.

The stock trades under the symbol MAGNAELQ. From an industry-market perspective, Magna Electro Castings Ltd. Share Price is currently being evaluated alongside other listed casting and forging businesses that serve automotive and related industrial demand chains. That makes peer benchmarking especially relevant, since investors often compare companies in this space on scale, capital efficiency and valuation rather than on broad market narratives alone.

With a market capitalisation of Rs 512.47 crore, Magna Electro Castings Ltd. sits in the smaller listed-company segment, but its size is still above the median of the same-industry benchmark supplied by Univest. As a result, Magna Electro Castings Ltd. Share Price is being watched not just for price momentum, but also for how the company ranks within its direct industry group.

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 monitor live price action, 52-week levels, valuation ratios and company-specific market data in one place. When a stock moves close to a one-year high, having current access to verified numbers becomes more important because the market often shifts quickly from price discussion to balance-sheet and profitability analysis.

On Univest, users can follow Magna Electro Castings Ltd. Share Price Today alongside metrics such as P/E, P/B, ROE, ROCE, EPS, book value and dividend yield. The platform also helps place the stock within its sector and peer context, which is especially useful in a niche industry like Castings/Forgings. For anyone reviewing Magna Electro Castings Ltd. Stock News, the combination of price tracking and benchmark comparison can make the near-52-week-high event easier to interpret without turning it into a recommendation.

Frequently Asked Questions

What is Magna Electro Castings Ltd. Share Price today?

Ans. Magna Electro Castings Ltd. Share Price today is Rs 1,275, based on the event-qualified last traded price captured at 2:30:50 PM IST on 10 August 2026. The stock was also identified as trading within 2% of its 52-week high.

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

Ans. Magna Electro Castings Ltd. Share Price is in focus because the Univest screener identified the stock within 2% of its 52-week high. The company also has a market capitalisation of Rs 512.47 crore and above-median industry return ratios.

What is the market capitalisation of Magna Electro Castings Ltd.?

Ans. Magna Electro Castings Ltd. has a market capitalisation of Rs 512.47 crore. Within the supplied same-industry benchmark of 24 companies, that is above the median market capitalisation of Rs 192.06 crore and above the average of Rs 395.05 crore.

Is Magna Electro Castings Ltd. expensive on P/E versus its industry?

Ans. Magna Electro Castings Ltd. trades at a P/E of 27.74. That is above the same-industry median of 18.81 but below the average of 29.25, placing the stock richer than the middle of the peer set without being the highest-valued name.

How does Magna Electro Castings Ltd. compare on P/B?

Ans. Magna Electro Castings Ltd. has a P/B ratio of 3.53. This is above the same-industry median of 2.23, yet below the average of 4.77, suggesting the stock commands a higher-than-median book-value multiple within its direct industry universe.

What do ROE and ROCE show for Magna Electro Castings Ltd.?

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

What are the EPS, book value and dividend yield of Magna Electro Castings Ltd.?

Ans. Magna Electro Castings Ltd. reports EPS of Rs 43.65, book value per share of Rs 342.62 and dividend yield of 0.41. These figures help investors assess earnings support, net-worth backing and the stock’s historical payout profile.

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

Ans. Magna Electro Castings Ltd. sits in the middle of the supplied peer set on market capitalisation and valuation. Its P/E of 27.74 is below Captain Technocast’s 53.12 but above Simplex Castings’ 19.76, while return ratios remain competitive.

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. That industry benchmark in the supplied data covers 24 companies, which is the basis used for its valuation and profitability comparisons.

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 updates, 52-week levels, valuation ratios, sector context and peer comparison. That helps place the current near-52-week-high status in a broader analytical framework.