Magna Electro Castings Limited

MAGNAELQ6

INE437D01010

Iron & Steel

Market Closed - Bombay S.E. Other stock markets 11:00:52 28/05/2024 BST			5-day change	1st Jan Change
455 ^INR	-0.10%		+2.01%	-5.12%

02-05	Magna Electro Castings Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	CI
01-04	CARE Keeps BBB+ Rating on Magna Electro Casting's Long-term Bank Financing; Outlook Stable	MT

Magna Electro Castings Limited Announces Demise of C. R. Swaminathan, Independent Director

December 14, 2021 at 12:22 pm

Magna Electro Castings Limited announced the sad demise of Sri. C. R. Swaminathan, Independent Director of the Company on, 14 December, 2021. Sri.

C. R. Swaminathan was appointed on the Board of the Company in 2012 and the Company immensely benefitted from his leadership and guidance during his tenure.

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	02-05	CI
CARE Keeps BBB+ Rating on Magna Electro Casting's Long-term Bank Financing; Outlook Stable	01-04	MT
Magna Electro Castings Resumes Plant Operations	01-03	MT
ICRA Keeps AA- Rating on Greenlam Industries' Long-term Bank Financing; Revises Outlook to Negative	12-19	MT
Magna Electro Castings to Shut Down Manufacturing Unit for Upgrade	12-19	MT
Magna Electro Castings Limited Announces Executive Changes	11-01	CI
Magna Electro Castings Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023	11-01	CI
Magna Electro Castings Limited Reports Earnings Results for the First Quarter Ended June 30, 2023	07/08/23	CI
Magna Electro Castings Limited Reports Earnings Results for the First Quarter Ended June 30, 2023	07/08/23	CI
Magna Electro Castings Limited Recommends Dividend for the Financial Year Ended 31 March, 2023	30/05/23	CI
Magna Electro Castings Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023	30/05/23	CI
Magna Electro Castings Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022	31/01/23	CI
CARE Keeps BBB+ Rating on Magna Electro Castings' Long-term Bank Financing; Outlook Stable	31/01/23	MT
Magna Electro Castings Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2022	09/11/22	CI
Magna Electro Castings Limited Announces Declaration of Dividend for the Financial Year Ended March 31, 2022	27/08/22	CI
Magna Electro Castings Limited Reports Earnings Results for the First Quarter Ended June 30, 2022	08/08/22	CI
Magna Electro Castings Acquires 6.55% Stake in Solar Power Company	01/08/22	MT
Magna Electro Castings CEO Steps Down	31/05/22	MT
Magna Electro Castings Limited Announces Resignation of M.Malmarugan as Chief Executive Officer	30/05/22	CI
Magna Electro Castings Limited Recommends Dividend for the Financial Year Ended March 31, 2022	30/05/22	CI
Magna Electro Castings Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2022	30/05/22	CI
Magna Electro Castings Limited Reports Earnings Results for the Full Year Ended March 31, 2022	30/05/22	CI
Magna Electro Castings Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2021	31/01/22	CI
Magna Electro Castings Limited Approves Appointment of G. D. Rajkumar as an Additional Director (Non- Executive Independent) of the Company	31/01/22	CI
CARE Keeps BBB+ Rating on Magna Electro Castings' Long-Term Bank Financing; Outlook Stable	27/12/21	MT

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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

28/05/2024 - Q4 2024 Earnings Release

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Sector Iron, Steel Mills & Foundries

	1st Jan change	Capi.
MAGNA ELECTRO CASTINGS LIMITED	-5.12%	23.19M
JSW STEEL LIMITED	+3.00%	26.39B
BAOSHAN IRON & STEEL CO., LTD.	+17.88%	20.94B
JINDAL STEEL & POWER LIMITED	+40.70%	12.77B
CHINA STEEL CORPORATION	-10.37%	11.33B
CITIC PACIFIC SPECIAL STEEL GROUP CO., LTD	+8.90%	10.59B
INNER MONGOLIA BAOTOU STEEL UNION CO., LTD.	+6.16%	9.78B
BHARAT FORGE LIMITED	+26.37%	8.81B
TERNIUM S.A.	+0.64%	8.49B
JINDAL STAINLESS LIMITED	+24.82%	7.16B