Magna Electro Castings Ltd (MAGNAELQ) is currently trading at 930.00 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.

Magna Electro Castings Ltd specializes in manufacturing and selling cast iron components, serving a range of industrial clients. The company has a history of investing in cutting-edge technology and infrastructure to enhance production capabilities over the years, showcasing a commitment to operational excellence. It has also focused on sustainability, evidenced by its installation of wind electric generators and energy efficient systems to reduce environmental impact. Recent initiatives include the installation of new machinery and infrastructure enhancements to boost production capacity and efficiency. Continual modernization, such as employing Industry 4.0 techniques, positions Magna Electro Castings Ltd strongly in the competitive manufacturing landscape.

Over the past 52 weeks, Magna Electro Castings Ltd has traded between a low of ₹706.00 and a high of ₹1,375.00. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.

Magna Electro Castings Ltd has a market capitalization of approximately 390.69. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.

Magna Electro Castings Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 18.87 and operates in the Castings, Forgings & Fastners sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

Based on its market capitalization of 390.69 Cr, Magna Electro Castings Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.

Magna Electro Castings Ltd operates in the Castings, Forgings & Fastners sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.

The Price-to-Earnings (PE) ratio of Magna Electro Castings Ltd is 18.87. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.