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Magna Electro Castings LtdBOM 517449 Stock Report

Last reporting period 31 Mar, 2024

Updated 19 Sep, 2024

Last price

Market cap $B

0.009

Micro

Exchange

XBOM - Bombay Stock Exchange

517449.BO Stock Analysis

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Avoid

Based on Eyestock quantitative analysis, 517449.BO`s fundamental data and valuation indicate an investment grade of Avoid at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

77/100

Moderate score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

-49.5 %

Greatly overvalued

Market cap $B

0.009

Dividend yield

1.33 %

Shares outstanding

4.23 B

Magna Electro Castings Ltd. engages in the manufacture and supply of cast iron components. The company is headquartered in Coimbatore, Tamil Nadu. The firm is engaged in the manufacture and sales of Spheroidal graphite (SG) ductile iron and grey iron castings. The firm caters to both domestic and international markets. The firm operates through two segments: Manufacture and Sale of Castings Division-Foundry division, and Wind Energy division. The firm's products include bearing cap, valves valve bodies, frame head, linear yoke, pedestal and push rod. The firm also produces fully machined components, utilizing its in-house CNC machine shop and other facilities. The firm'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.

View Section: Eyestock Rating