Magna Electro Castings Limited

MAGNAELQ6

INE437D01010

Iron & Steel

Market Closed - Bombay S.E. Other stock markets 06:00:57 2024-07-04 am EDT			5-day change	1st Jan Change
475.6 ^INR	+2.12%		+3.61%	-0.84%

May. 29	Magna Electro Castings Limited Recommends Final Dividend for the Financial Year Ended March 31, 2024	CI
May. 29	Magna Electro Castings Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024	CI

First Energy TN 1 Private Limited announced that it expects to receive INR 3.6 million in funding

May 28, 2024

First Energy TN 1 Private Limited announced that it has entered into agreement that it will receive INR 3,600,000 in an equity round of funding from returning investor Magna Electro Castings Limited on May 29, 2024. The transaction was approved by the board of directors of the investor.

Latest news about Magna Electro Castings Limited

Magna Electro Castings Limited Recommends Final Dividend for the Financial Year Ended March 31, 2024	May. 29	CI
Magna Electro Castings Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024	May. 29	CI
First Energy TN1 Private Limited announced that it expects to receive INR 3.6 million in funding from Magna Electro Castings Limited	May. 28	CI
First Energy TN 1 Private Limited announced that it expects to receive INR 3.6 million in funding	May. 28	CI
Magna Electro Castings Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	Feb. 05	CI
CARE Keeps BBB+ Rating on Magna Electro Casting's Long-term Bank Financing; Outlook Stable	Jan. 04	MT
Magna Electro Castings Resumes Plant Operations	Jan. 02	MT
ICRA Keeps AA- Rating on Greenlam Industries' Long-term Bank Financing; Revises Outlook to Negative	Dec. 19	MT
Magna Electro Castings to Shut Down Manufacturing Unit for Upgrade	Dec. 19	MT
Magna Electro Castings Limited Announces Executive Changes	Nov. 01	CI
Magna Electro Castings Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023	Nov. 01	CI
Magna Electro Castings Limited Reports Earnings Results for the First Quarter Ended June 30, 2023	23-08-07	CI
Magna Electro Castings Limited Reports Earnings Results for the First Quarter Ended June 30, 2023	23-08-07	CI
Magna Electro Castings Limited Recommends Dividend for the Financial Year Ended 31 March, 2023	23-05-30	CI
Magna Electro Castings Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023	23-05-30	CI
Magna Electro Castings Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022	23-01-31	CI
CARE Keeps BBB+ Rating on Magna Electro Castings' Long-term Bank Financing; Outlook Stable	23-01-31	MT
Magna Electro Castings Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2022	22-11-09	CI
Magna Electro Castings Limited Announces Declaration of Dividend for the Financial Year Ended March 31, 2022	22-08-27	CI
Magna Electro Castings Limited Reports Earnings Results for the First Quarter Ended June 30, 2022	22-08-08	CI
Magna Electro Castings Acquires 6.55% Stake in Solar Power Company	22-07-31	MT
Magna Electro Castings CEO Steps Down	22-05-30	MT
Magna Electro Castings Limited Announces Resignation of M.Malmarugan as Chief Executive Officer	22-05-30	CI
Magna Electro Castings Limited Recommends Dividend for the Financial Year Ended March 31, 2022	22-05-30	CI
Magna Electro Castings Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2022	22-05-30	CI

Chart Magna Electro Castings Limited

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Company Profile

Magna Electro Castings Limited is engaged in the manufacturing and selling of cast iron components. The Company operates through two segments: Manufacture and Sale of Castings Division-Foundry division, and Wind Energy division. The Company is specialized in manufacturing of ductile iron and gray iron casting in the weight range of 300 grams to a maximum of 2000 Kilograms. It also adds value by heat treatment, surface treatments and machining so that the products are ready to assemble. The Company also produces fully machined components, utilizing its in-house computer numerical control (CNC) machine shop and other facilities as well. The Company's products include bearing cap, frame head, linear yoke, pedestal, push rod, valves, valve bodies, diffuser, upper cover, sliding sleeve, air manifolder, axial bearing, bearing cap, rocker bracket, coupling yoke, turbo charger castings, austempered ductile iron part, BRG brush with stemless tube pipe, exhaust manifold, and others.

Sector

Iron & Steel

Calendar

2024-08-01 - Q1 2025 Earnings Release (Projected)

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Sector Iron, Steel Mills & Foundries

	1st Jan change	Capi.
MAGNA ELECTRO CASTINGS LIMITED	-0.84%	23.61M
JSW STEEL LIMITED	+7.28%	27.69B
BAOSHAN IRON & STEEL CO., LTD.	+17.71%	20.84B
JINDAL STEEL & POWER LIMITED	+41.08%	12.83B
CHINA STEEL CORPORATION	-14.44%	10.82B
CITIC PACIFIC SPECIAL STEEL GROUP CO., LTD	-3.70%	9.39B
BHARAT FORGE LIMITED	+34.73%	9.25B
INNER MONGOLIA BAOTOU STEEL UNION CO., LTD.	-2.05%	8.93B
JINDAL STAINLESS LIMITED	+45.72%	8.13B
TERNIUM S.A.	-10.50%	7.46B