DocStoX is a free AI-powered research platform for Indian equity markets, covering 6,800+ NSE & BSE stocks with prices, fundamentals, 326 financial ratios, shareholding, FII/DII flows, F&O, IPOs, a visual screener and AI stock scoring.

Yes. DocStoX has a free tier covering stock research, the screener, FII/DII data and educational guides, plus a free MCP API tier (50 tool calls/day) for AI assistants. A Pro plan adds higher limits and advanced features.

What data does DocStoX cover?

Every NSE & BSE listed stock (6,800+ instruments): EOD and intraday prices, income statement / balance sheet / cash flow, 326 ratios, quarterly shareholding, promoter pledge, mutual-fund holdings, FII/DII flows, F&O and option-chain data, analyst forecasts, IPOs, corporate actions and news.

Can AI assistants like ChatGPT or Claude use DocStoX data?

Yes. DocStoX runs a public Model Context Protocol (MCP) server at https://mcp.docstox.com/mcp with 39 tools, so Claude, ChatGPT, Cursor and other MCP clients can pull Indian market data directly. Setup and a free key are at https://docstox.com/mcp.

What is the Magna Electro Castings Ltd (MAGNAELQ) share price today?

Magna Electro Castings Ltd (MAGNAELQ) is trading at ₹1,149.2 on the BSE, down 1.78% on the day. Source: DocStoX.

What is the PE ratio of Magna Electro Castings Ltd?

Magna Electro Castings Ltd has a price-to-earnings (PE) ratio of 21.0 in the Industrials sector.

What is the market capitalisation of Magna Electro Castings Ltd?

Magna Electro Castings Ltd has a market capitalisation of approximately ₹508 crore.

Magna Electro Castings Ltd

MAGNAELQ·BSE·Industrials

₹1,149.20▼ -20.80 (-1.78%)

Industrials · Industrial Products

A steady, established business

Day₹1149.00

₹1199.25

52W₹706

₹134070%

Open

₹1199.25

High

₹1199.25

Low

₹1149.00

Prev Close

₹1170.00

Volume

5.2K

VWAP

₹1151.17

Snapshot

Key fundamentals

Market Cap

₹508 Cr

P/E Ratio

21.04Fair

P/B Ratio

3.41

EPS

₹54.63

Book Value

₹342.62

ROE

17.88%Strong

ROCE

25.00%Efficient

Dividend Yield

0.51%

Debt / Equity

0.10Low

Face Value

₹10.00

52W High

₹1340.00

52W Low

₹706.00

Sector

Industrials

Industry

Industrial Products

Avoid

Narrow moatMedium uncertainty

Fair value estimate

₹476

▼ 58.6%downside

Trading at ₹1,149 — 59% above our estimate

BearFair valueBull

₹405₹476₹574

/100

Business quality — Solid

Growth 50Profitability 63Efficiency 85Valuation 84

Plain English

Our view

A steady, established business
Low debt relative to equity

Strengths

Low debt relative to equity
Capital is working hard (ROCE 25%)
Promoters hold a controlling stake

How we got there

Fair value methods

Residual income

18% ROE fading to 12% over ~10 yrs, on ₹343 book

₹449

Relative P/E

Needs ≥3 peers with P/E

—

Graham floor

Conservative floor: √(22.5 × EPS × book value/share)

₹574

Analyst target

No analyst coverage

—

Blended fair value₹476

What the numbers say

Investment thesis

Bull case

Low debt relative to equity
Capital is working hard (ROCE 25%)
Promoters hold a controlling stake

Bear case

No notable red flags from the current metrics.

Free — see our deterministic Fair Value range, business quality score, and the full bull/bear case for this stock.

Snapshot

Key statistics

P/E

21.0Fair

Below 15× is value territory; above 35× prices in strong growth

ROE

17.9%Strong

Above 15% is considered healthy for Indian equities

ROCE

25.0%Efficient

Above 18% means capital is working hard

Debt/Eq

0.10Low

Below 0.5 is comfortable; above 1.5 strains the balance sheet

Mkt Cap

₹508 Cr

P/B

3.41

EPS

₹54.63

Div Yield

0.51%

What changed

Recent changes

No notable changes to report.

What matters

News impact

Overview

Valuation

Reasonable

P/E 21.0×

Growth

Steady

+6% rev CAGR

Profitability

Healthy

17.9% ROE

Financial health

Rock solid

D/E 0.10

Momentum

N/A

No technicals

Today

Trading activity

Delivery %—

Turnover₹60.39L Cr

Trades21

VWAP₹1151.17

Face value₹10.00

Market depth

Market depth available during market hours

Snapshot

Technical signals

Compounded annual growth

Growth (CAGR)

Revenue

+6.0%

+14.9%

10Y

+7.8%

Profit

+2.8%

+29.9%

10Y

+10.2%

EPS

+1.9%

+28.4%

10Y

+11.4%

Profile

Cons

Dividend payout has been low at 12.1% of profits over last 3 years

Forecast

News

Peers

Financials

Growth

Shareholding

Ownership

Ownership breakdown

Quarter ending 31 Mar 2026

Ownership was broadly stable versus the previous quarter. The QoQ column shows each group's change versus the prior quarter.

54%

Promoter

Promoters

53.7%0.00

Public

32.3%-0.68

FII / FPI

0.0%0.00

DII

0.0%-0.05

Others

14.1%

Total shareholders

5,330-158 QoQ

Quarterly trend

Ownership over time

Q4 FY26

Promoter53.66%

Public32.26%

Others14.08%

Corporate Actions

Bulk & Block Deals

Filings

MF Holdings

Technicals

FAQs

Quick reference

Frequently asked questions

Incorporated in 1990, Magna Electro Castings Ltd manufactures and sells Cast Iron Components[1]