Magna Electro Castings Limited

MAGNAELQ6

INE437D01010

Iron & Steel

Market Closed - Bombay S.E. Other stock markets 06:00:50 2024-05-14 am EDT			5-day change	1st Jan Change
454.6 ^INR	+2.15%		+0.59%	-5.20%

Feb. 05	Magna Electro Castings Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	CI
Jan. 04	CARE Keeps BBB+ Rating on Magna Electro Casting's Long-term Bank Financing; Outlook Stable	MT

Magna Electro Castings Limited Reports Earnings Results for the First Quarter Ended June 30, 2021

July 30, 2021 at 02:52 am EDT

Magna Electro Castings Limited announced earnings results for the first quarter ended June 30, 2021. For the first quarter, the company announced total revenue was INR 225.752 million compared to INR 176.185 million a year ago. Net income was INR 8.529 million compared to INR 15.272 million a year ago. Basic earnings per share from continuing operations was INR 2.02 compared to INR 3.33 a year ago.

Latest news about Magna Electro Castings Limited

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
Magna Electro Castings Limited Reports Earnings Results for the Full Year Ended March 31, 2022	22-05-30	CI
Magna Electro Castings Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2021	22-01-31	CI
Magna Electro Castings Limited Approves Appointment of G. D. Rajkumar as an Additional Director (Non- Executive Independent) of the Company	22-01-31	CI
CARE Keeps BBB+ Rating on Magna Electro Castings' Long-Term Bank Financing; Outlook Stable	21-12-27	MT

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 is engaged in the manufacture and sales of Spheroidal graphite (SG) ductile iron and grey iron castings. The Company caters to both domestic and international markets. The Company operates through two segments: Manufacture and Sale of Castings Division-Foundry division, and Wind Energy division. The Company's products include bearing cap, valves valve bodies, frame head, linear yoke, pedestal and push rod. The Company also produces fully machined components, utilizing its in-house CNC machine shop and other facilities. The Company's wind energy division has four factories, such as Wind mill 1 located at Andhiyur Village, Pollachi Taluk, Wind mills 2 located at Ganapathipalayam village, Pollachi Taluk, Wind mill 3 located at Kolumamkondan, Pushpathur, Palani Taluk and Wind mill 4 located at Thotathurai, Palani Taluk. Its factory is located at Coimbatore District.

Sector

Iron & Steel

Calendar

2024-05-28 - Q4 2024 Earnings Release (Projected)

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Sector Iron, Steel Mills & Foundries

	1st Jan change	Capi.
MAGNA ELECTRO CASTINGS LIMITED	-5.20%	22.55M
JSW STEEL LIMITED	+0.12%	25.05B
BAOSHAN IRON & STEEL CO., LTD.	+17.20%	21.3B
CHINA STEEL CORPORATION	-7.41%	11.69B
JINDAL STEEL & POWER LIMITED	+30.79%	11.28B
CITIC PACIFIC SPECIAL STEEL GROUP CO., LTD	+13.46%	11.12B
INNER MONGOLIA BAOTOU STEEL UNION CO., LTD.	+9.59%	9.98B
TERNIUM S.A.	+0.54%	8.37B
BHARAT FORGE LIMITED	+16.40%	7.89B
JINDAL STAINLESS LIMITED	+24.38%	6.71B

Iron, Steel Mills & Foundries