Magna Electro Castings Ltd. (MAGNAELQ): Magna Electro Castings Share Price Rises 9.24% Today

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.

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.

Magna Electro Castings Share Price Today: Price Action Analysis

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’s 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’s fundamentals and how it compares with peers in the castings and forgings space.

Metric	Value
Current Price	Rs 1,407
Previous Close	Rs 1,287.95
Today's Move	Rs 119.05 (+9.24%)
Open	Rs 1,310
High	Rs 1,410
Low	Rs 1,310
Turnover	Rs 0.31 crore
Market Capitalisation	Rs 545.07 crore
Market Cap Category	Micro Cap

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.

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’s 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.

Magna Electro Castings Ltd. (MAGNAELQ) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 545.07 crore
P/E Ratio	35.07x
P/B Ratio	3.67x
ROE	13.47%
ROCE	17.47%
EPS	Rs 36.73
Book Value Per Share	Rs 351.42
Dividend Yield	0.39%

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.

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.

Sector and Industry Context

Metric	Value
Sector	Automobile & Ancillaries
Industry	Castings/Forgings
Benchmark Scope	same industry
Company P/E Ratio	35.07x
Benchmark Median P/E	24.18x
Benchmark Average P/E	43.53x
Benchmark P/E Range	3.53x to 270.84x
Company P/B Ratio	3.67x
Benchmark Median P/B	2.61x
Company ROE	13.47%
Benchmark Median ROE	15.56%
Company ROCE	17.47%
Benchmark Median ROCE	17.47%
Company Market Capitalisation	Rs 545.07 crore
Benchmark Median Market Cap	Rs 312.79 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 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.

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%.

Track stocks leading today through the Univest top gainers screener. The peer table below provides the company-level comparison.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
AIA Engineering Ltd.	AIAENG	39,603.77	30.64	4.66	16.97	21.16
PTC Industries Ltd.	PTCIL	34,071.69	270.84	22.14	6.03	7.66
Steelcast Ltd.	STEELCAS	3,328.47	36.7	7.95	24.1	32.41
Investment & Precision Castings Ltd.	INVPRECQ	1,280	87.46	11.85	12.13	14.14
Alicon Castalloy Ltd.	ALICON	1,084.49	29.81	1.7	8.18	11.84

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.

Why Investors Are Watching Magna Electro Castings

• 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.
• The latest Univest figures show the day’s high at Rs 1,410 and a narrow intraday range around that level.
• Valuation remains relevant, with PE at 35.07 and PB at 3.67 for Magna Electro Castings Share Price analysis.
• ROE of 13.47% and ROCE of 17.47% give investors a profitability lens for Magna Electro Castings Fundamental Analysis.
• The company operates in the Automobile & Ancillaries sector and Castings/Forgings industry, where peer comparison is useful.

About Magna Electro Castings

Magna Electro Castings Ltd. operates in the Castings/Forgings industry within the Automobile & Ancillaries sector. The business is part of India’s industrial supply chain, where castings are used across automotive and allied manufacturing applications. For readers searching Magna Electro Castings Company News, the company’s listed profile is most relevant through its market cap, earnings ratios and sector positioning rather than a broad consumer brand presence.

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’s 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.

Frequently Asked Questions

Why is Magna Electro Castings Share Price rising today?

Ans. 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.

What is Magna Electro Castings Share Price today?

Ans. 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.

What is the market capitalisation of Magna Electro Castings?

Ans. 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.

How is Magna Electro Castings valued on PE and PB?

Ans. 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.

What do EPS, book value and dividend yield show for this stock?

Ans. 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’s earnings and asset base.

How do ROE and ROCE compare for Magna Electro Castings?

Ans. 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.

How does Magna Electro Castings compare with peers?

Ans. 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.

Where does Magna Electro Castings fit in the sector?

Ans. 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.

Track Magna Electro Castings Share Price on Univest

Use Magna Electro Castings Ltd. (MAGNAELQ) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.

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.