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

Magna Electro Castings Ltd. Share Price stands at Rs 1,275, with the stock trading within 2% of its 52-week high. The company’s market capitalisation is 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, placing the small-cap counter firmly on the radar of investors tracking fresh strength in the listed Castings/Forgings space. With a market capitalisation of Rs 512.47 crore, Magna Electro Castings Ltd. is being watched not because the data confirms a breakout, but because proximity to a one-year peak often brings greater focus to valuation, profitability and sector positioning.

The Univest screener flagged Magna Electro Castings Ltd. Share Price at the event qualification level of Rs 1,275 on 10 August 2026 at 2:30:50 PM IST. That makes the move relevant for investors searching Magna Electro Castings Ltd. Share Price Today, Magna Electro Castings Ltd. Stock News and Magna Electro Castings Ltd. 52 Week High context. The verified numbers currently show a business trading at 27.74 times earnings and 3.53 times book value, with return ratios of 10.33% ROE and 13.81% ROCE. On their own, those figures do not settle the investment case, but they do provide a clear framework for understanding why Magna Electro Castings Ltd. Share Price is attracting attention on Univest.

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 is Rs 1,275 based on the event-time last traded price captured by the Univest workflow. The same verified data also confirms that the stock is trading within 2% of its 52-week high, which is the specific condition that brought Magna Electro Castings Ltd. Share Price into focus. For market participants, that matters because stocks trading close to yearly highs often draw more screening activity, more valuation comparison and more scrutiny around whether current fundamentals support the stronger price zone.

In this case, the significance is less about a single intraday trigger and more about context. Magna Electro Castings Ltd. Share Price is being observed in the Automobile & Ancillaries sector, specifically within the Castings/Forgings industry, where relative valuations and return ratios vary widely across listed names. The market capitalisation of Rs 512.47 crore places the company above the same-industry median market value of Rs 192.06 crore and also above the industry average of Rs 395.05 crore. That size context can matter when investors compare smaller industrial names that are moving toward their one-year peaks.

The current setup therefore signals attention, not a conclusion. The Univest screener confirms proximity to the 52-week high, and that naturally leads the next stage of analysis toward earnings multiples, capital efficiency, balance-sheet context and peer positioning. Those factors help explain whether Magna Electro Castings Ltd. Share Price near a one-year high is backed by a stronger financial profile or by a valuation that already reflects a large share of the optimism.

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 the stock is trading within 2% of its 52-week high, a setup that naturally increases market attention.
• The company’s market capitalisation of Rs 512.47 crore is above the same-industry median of Rs 192.06 crore and average of Rs 395.05 crore.
• Valuation is mixed rather than extreme, with P/E of 27.74 and P/B of 3.53 against industry medians of 18.81 and 2.23 respectively.
• Return ratios are stronger than the benchmark centre, with ROE at 10.33% and ROCE at 13.81%, above both industry medians and averages.
• The available RSI reading is 59.45, which sits near the upper end of the broadly neutral 40 to 60 range.
• Peer comparison shows Magna Electro Castings Ltd. Share Price positioned between cheaper lower-return names and richer higher-return peers in Castings/Forgings.

About Magna Electro Castings Ltd.

Magna Electro Castings Ltd. is part of the Automobile & Ancillaries sector and is classified under the Castings/Forgings industry. That places the company in a manufacturing segment that typically serves industrial and automotive supply chains through metal component production and processing activities associated with casting and forging operations.

From an investor’s perspective, Magna Electro Castings Ltd. Share Price is therefore influenced by both company-level execution and industry-level comparison within listed auto ancillary manufacturers. The company’s current market capitalisation of Rs 512.47 crore puts it in the small-cap bracket, but still above the median listed size within its direct industry benchmark. In practical terms, Magna Electro Castings Ltd. is best tracked alongside similar casting and forging companies rather than broad auto names, because valuation multiples, profitability patterns and peer expectations can differ sharply inside this niche manufacturing segment.

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 who want to follow Magna Electro Castings Ltd. Share Price more closely can track the stock on Univest for live price updates, 52-week levels, valuation ratios and broader market context. Univest also helps users monitor metrics such as market capitalisation, P/E, P/B, ROE, ROCE, EPS, book value and dividend yield in one place.

For investors comparing Magna Electro Castings Ltd. Share Price with other companies in Castings/Forgings, Univest provides a practical framework through sector benchmarks, peer snapshots and structured stock analysis. That makes it easier to examine whether price strength is being accompanied by relative profitability, how the stock stands within its industry valuation range, and why Magna Electro Castings Ltd. Stock News is drawing attention as the share trades near its yearly high.

Frequently Asked Questions

What is Magna Electro Castings Ltd. Share Price today?

Ans. Magna Electro Castings Ltd. Share Price Today is Rs 1,275 at the event qualification time captured on 10 August 2026 at 2:30:50 PM IST. The same screener also confirms the stock is 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 stock is trading within 2% of its 52-week high. With a market capitalisation of Rs 512.47 crore, the move is drawing attention to valuation and profitability metrics.

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

Ans. Magna Electro Castings Ltd. has a market capitalisation of Rs 512.47 crore. That is above the same-industry median of Rs 192.06 crore and also above the industry average of Rs 395.05 crore within the 24-company benchmark set.

What valuation ratios does Magna Electro Castings Ltd. currently trade at?

Ans. Magna Electro Castings Ltd. currently trades at a P/E ratio of 27.74 and a P/B ratio of 3.53. Those figures are above the same-industry medians of 18.81 and 2.23, but below the benchmark averages of 29.25 and 4.77.

How profitable is Magna Electro Castings Ltd. based on return ratios?

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

What do EPS, book value and dividend yield show for Magna Electro Castings Ltd.?

Ans. Magna Electro Castings Ltd. has EPS of Rs 43.65, book value per share of Rs 342.62 and dividend yield of 0.41. These figures help investors compare current market price with earnings, accounting net worth and historical payout level.

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

Ans. Magna Electro Castings Ltd. sits between cheaper and richer peers on valuation. Its P/E of 27.74 is below Kalyani Cast-Tech’s 32.20 and Captain Technocast’s 53.12, but above Simplex Castings’ 19.76 and Thaai Casting’s 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 sector comparison in this article uses a same-industry benchmark covering 24 listed companies, making the valuation and return analysis directly comparable.