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Magna Eletrocasting Ltd.

BSE: 517449 Sector: Engineering
NSE: N.A. ISIN Code: INE437D01010
BSE LIVE 15:45 | 22 Sep 167.90 -5.75
(-3.31%)
OPEN

172.10

HIGH

179.90

LOW

167.00

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 172.10
PREVIOUS CLOSE 173.65
VOLUME 2719
52-Week high 228.90
52-Week low 124.40
P/E 11.25
Mkt Cap.(Rs cr) 77
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 172.10
CLOSE 173.65
VOLUME 2719
52-Week high 228.90
52-Week low 124.40
P/E 11.25
Mkt Cap.(Rs cr) 77
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Magna Eletrocasting Ltd. (MAGNAELECTROCAS) - Company History

Magna Electro Castings was incorporated in 1990. The company was promoted and Managed by N Krishna Samaraj. The company is mainly engaged in castings and sale of patterns. In 2001 the company has successfully commissioned its state of the art CAD/CAM Centre for producing tooling. The Company had implemented a Energy Conservation Project in 2001-02 at a cost of Rs.110 lakhs and was funded by internal accruals and term loans from Corporation Bank. In the area of raw material recycling and production automation the company is planning to make investments to the tune of Rs.150 lakhs and will be financed by means of Internal accruals and Term Loans. This project was put on hold due to decision on implementation of the latest technology and processes.