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MAGNAELQ (MAGNA ELECTRO CASTINGS LTD.-$) Stock Analysis
Buy, Hold or Sell?

Let's analyze MAGNA ELECTRO CASTINGS LTD.-$ together

I guess you are interested in MAGNA ELECTRO CASTINGS LTD.-$. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • πŸ“Š Fundamental Analysis (FA) – MAGNA ELECTRO CASTINGS LTD.-$’s Financial Insights
  • πŸ“ˆ Technical Analysis (TA) – MAGNA ELECTRO CASTINGS LTD.-$’s Price Targets

I'm going to help you getting a better view of MAGNA ELECTRO CASTINGS LTD.-$. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of MAGNA ELECTRO CASTINGS LTD.-$ (30 sec.)










1.2. What can you expect buying and holding a share of MAGNA ELECTRO CASTINGS LTD.-$? (30 sec.)

How much money do you get?

How much money do you get?
INR0.23
When do you have the money?
1 year
How often do you get paid?
85.7%

What is your share worth?

Current worth
INR305.53
Expected worth in 1 year
INR503.31
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR217.78
Return On Investment
16.9%

For what price can you sell your share?

Current Price per Share
INR1,285.60
Expected price per share
INR1,140 - INR1,299
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of MAGNA ELECTRO CASTINGS LTD.-$ (5 min.)




Live pricePrice per Share (EOD)
INR1,285.60
Intrinsic Value Per Share
INR-59.19 - INR-44.13
Total Value Per Share
INR246.35 - INR261.41

2.2. Growth of MAGNA ELECTRO CASTINGS LTD.-$ (5 min.)




Is MAGNA ELECTRO CASTINGS LTD.-$ growing?

Current yearPrevious yearGrowGrow %
How rich?$15.1m$12.6m$2.4m16.2%

How much money is MAGNA ELECTRO CASTINGS LTD.-$ making?

Current yearPrevious yearGrowGrow %
Making money$2.7m$1.7m$936.9k34.6%
Net Profit Margin13.1%10.5%--

How much money comes from the company's main activities?

2.3. Financial Health of MAGNA ELECTRO CASTINGS LTD.-$ (5 min.)




2.4. Comparing to competitors in the Metal Fabrication industry (5 min.)




  Industry Rankings (Metal Fabrication)  

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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of MAGNA ELECTRO CASTINGS LTD.-$?

Welcome investor! MAGNA ELECTRO CASTINGS LTD.-$'s management wants to use your money to grow the business. In return you get a share of MAGNA ELECTRO CASTINGS LTD.-$.

First you should know what it really means to hold a share of MAGNA ELECTRO CASTINGS LTD.-$. And how you can make/lose money.

Speculation

The Price per Share of MAGNA ELECTRO CASTINGS LTD.-$ is INR1,286. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of MAGNA ELECTRO CASTINGS LTD.-$.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in MAGNA ELECTRO CASTINGS LTD.-$, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR305.53. Based on the TTM, the Book Value Change Per Share is INR49.44 per quarter. Based on the YOY, the Book Value Change Per Share is INR33.12 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR5.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of MAGNA ELECTRO CASTINGS LTD.-$.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.640.0%0.640.0%0.420.0%0.510.0%0.380.0%0.340.0%
Usd Book Value Change Per Share0.580.0%0.580.0%0.390.0%0.470.0%0.340.0%0.510.0%
Usd Dividend Per Share0.060.0%0.060.0%0.040.0%0.040.0%0.030.0%0.030.0%
Usd Total Gains Per Share0.640.0%0.640.0%0.420.0%0.510.0%0.370.0%0.540.0%
Usd Price Per Share10.39-10.39-5.04-6.23-4.61-3.78-
Price to Earnings Ratio16.26-16.26-12.08-11.74-12.03-10.68-
Price-to-Total Gains Ratio16.31-16.31-11.93-11.71-13.47-11.12-
Price to Book Ratio2.91-2.91-1.68-1.95-1.59-1.40-
Price-to-Total Gains Ratio16.31-16.31-11.93-11.71-13.47-11.12-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share15.04152
Number of shares66
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.060.03
Usd Book Value Change Per Share0.580.34
Usd Total Gains Per Share0.640.37
Gains per Quarter (66 shares)42.0424.25
Gains per Year (66 shares)168.1796.99
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
11515315879087
23130532615179184
34645849422269281
46261166229359378
57776483037448475
69391699844538572
71081069116651628669
81241222133459717766
91391375150266807863
101541527167073897960

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%4.00.01.080.0%6.00.01.085.7%6.00.01.085.7%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%
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3.2. Key Performance Indicators

The key performance indicators of MAGNA ELECTRO CASTINGS LTD.-$ compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--49.44549.4450%33.123+49%40.163+23%29.025+70%43.647+13%
Book Value Per Share--305.531305.5310%256.087+19%261.527+17%227.637+34%207.584+47%
Current Ratio--2.1342.1340%4.075-48%3.149-32%3.102-31%3.315-36%
Debt To Asset Ratio--0.2920.2920%0.156+87%0.219+33%0.229+28%0.219+34%
Debt To Equity Ratio--0.4130.4130%0.185+123%0.287+44%0.301+37%0.284+45%
Dividend Per Share--5.0005.0000%3.000+67%3.500+43%2.375+110%2.697+85%
Enterprise Value--3224893772.8003224893772.8000%1623953034.400+99%1925692309.867+67%1372698071.040+135%1122114806.457+187%
Eps--54.62354.6230%35.701+53%43.594+25%32.256+69%28.678+90%
Ev To Sales Ratio--1.8281.8280%1.130+62%1.179+55%0.900+103%0.768+138%
Free Cash Flow Per Share---20.207-20.2070%1.066-1995%-1.671-92%-1.316-93%2.370-953%
Free Cash Flow To Equity Per Share---20.207-20.2070%1.066-1995%-1.671-92%-1.316-93%-0.495-98%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---44.125----------
Intrinsic Value_10Y_min---59.186----------
Intrinsic Value_1Y_max---1.990----------
Intrinsic Value_1Y_min---2.773----------
Intrinsic Value_3Y_max---7.832----------
Intrinsic Value_3Y_min---11.117----------
Intrinsic Value_5Y_max---15.908----------
Intrinsic Value_5Y_min---22.447----------
Market Cap5440787760.000+31%3758954772.8003758954772.8000%1824460034.400+106%2253454309.867+67%1666433271.040+126%1381482520.743+172%
Net Profit Margin--0.1310.1310%0.105+25%0.114+15%0.091+44%0.088+49%
Operating Margin----0%-0%-0%-0%0.025-100%
Operating Ratio--1.4211.4210%1.461-3%1.479-4%1.497-5%1.457-2%
Pb Ratio4.208+31%2.9072.9070%1.683+73%1.946+49%1.587+83%1.400+108%
Pe Ratio23.536+31%16.26116.2610%12.075+35%11.736+39%12.035+35%10.683+52%
Price Per Share1285.600+31%888.200888.2000%431.100+106%532.467+67%393.760+126%322.979+175%
Price To Free Cash Flow Ratio-63.621-45%-43.955-43.9550%404.268-111%126.666-135%75.932-158%57.833-176%
Price To Total Gains Ratio23.613+31%16.31416.3140%11.934+37%11.709+39%13.472+21%11.120+47%
Quick Ratio--1.6331.6330%3.145-48%2.441-33%2.381-31%2.542-36%
Return On Assets--0.1270.1270%0.118+8%0.129-2%0.103+22%0.103+23%
Return On Equity--0.1790.1790%0.139+28%0.167+7%0.134+33%0.132+36%
Total Gains Per Share--54.44554.4450%36.123+51%43.663+25%31.401+73%46.344+17%
Usd Book Value--15128579.70015128579.7000%12680296.200+19%12949688.700+17%11271606.840+34%10462847.014+45%
Usd Book Value Change Per Share--0.5790.5790%0.388+49%0.470+23%0.340+70%0.511+13%
Usd Book Value Per Share--3.5753.5750%2.996+19%3.060+17%2.663+34%2.429+47%
Usd Dividend Per Share--0.0590.0590%0.035+67%0.041+43%0.028+110%0.032+85%
Usd Enterprise Value--37731257.14237731257.1420%19000250.502+99%22530600.025+67%16060567.431+135%13128743.236+187%
Usd Eps--0.6390.6390%0.418+53%0.510+25%0.377+69%0.336+90%
Usd Free Cash Flow---1000572.300-1000572.3000%52802.100-1995%-82742.400-92%-65138.580-93%130909.629-864%
Usd Free Cash Flow Per Share---0.236-0.2360%0.012-1995%-0.020-92%-0.015-93%0.028-953%
Usd Free Cash Flow To Equity Per Share---0.236-0.2360%0.012-1995%-0.020-92%-0.015-93%-0.006-98%
Usd Market Cap63657216.792+31%43979770.84243979770.8420%21346182.402+106%26365415.425+67%19497269.271+126%16163345.493+172%
Usd Price Per Share15.042+31%10.39210.3920%5.044+106%6.230+67%4.607+126%3.779+175%
Usd Profit--2704689.0002704689.0000%1767776.400+53%2158591.500+25%1597192.740+69%1443109.757+87%
Usd Revenue--20644556.40020644556.4000%16812642.600+23%18738025.800+10%16621637.760+24%15537125.314+33%
Usd Total Gains Per Share--0.6370.6370%0.423+51%0.511+25%0.367+73%0.542+17%
 EOD+5 -3MRQTTM+0 -0YOY+25 -123Y+24 -135Y+25 -1210Y+25 -13

3.3 Fundamental Score

Let's check the fundamental score of MAGNA ELECTRO CASTINGS LTD.-$ based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1523.536
Price to Book Ratio (EOD)Between0-14.208
Net Profit Margin (MRQ)Greater than00.131
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.633
Current Ratio (MRQ)Greater than12.134
Debt to Asset Ratio (MRQ)Less than10.292
Debt to Equity Ratio (MRQ)Less than10.413
Return on Equity (MRQ)Greater than0.150.179
Return on Assets (MRQ)Greater than0.050.127
Total7/10 (70.0%)

3.4 Technical Score

Let's check the technical score of MAGNA ELECTRO CASTINGS LTD.-$ based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5070.373
Ma 20Greater thanMa 501,135.603
Ma 50Greater thanMa 1001,010.003
Ma 100Greater thanMa 200938.102
OpenGreater thanClose1,184.450
Total3/5 (60.0%)

4. In-depth Analysis

4.1 About MAGNA ELECTRO CASTINGS LTD.-$

Magna Electro Castings Limited engages in the manufacture and sale of cast iron components in India and internationally. It offers castings, including bearing caps, frame heads, linear yokes, pedestals, push rods, valves, and valves bodies; machining consisting of diffusers, upper covers, sliding sleeves, air manifoders, axial bearings, bearing caps, rocker brackets, and coupling yokes; and special products including austempered ductile iron parts, BRG brush with steamless tube pipes, exhaust manifolds, jounal box adaptors, turbo charger castings, and ductile iron valve with SS rings. The company is also involved in the generation of wind energy. It also exports its products. The company was incorporated in 1990 and is headquartered in Coimbatore, India.

Fundamental data was last updated by Penke on 2025-06-20 22:38:04.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is expensive.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profitΒ MAGNA ELECTRO CASTINGS LTD.-$ earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compareΒ MAGNA ELECTRO CASTINGS LTD.-$ to theΒ Metal Fabrication industry mean.
  • A Net Profit Margin of 13.1%Β means thatΒ ₹0.13 for each ₹1Β in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of MAGNA ELECTRO CASTINGS LTD.-$:

  • The MRQ is 13.1%. The company is making a huge profit. +2
  • The TTM is 13.1%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ13.1%TTM13.1%0.0%
TTM13.1%YOY10.5%+2.6%
TTM13.1%5Y9.1%+4.0%
5Y9.1%10Y8.8%+0.3%
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ13.1%2.7%+10.4%
TTM13.1%2.7%+10.4%
YOY10.5%2.4%+8.1%
3Y11.4%2.5%+8.9%
5Y9.1%2.9%+6.2%
10Y8.8%3.4%+5.4%
4.3.1.2. Return on Assets

Shows howΒ efficientΒ MAGNA ELECTRO CASTINGS LTD.-$ is using its assets to generate profit.

  • Above 5% is considered healthyΒ but always compareΒ MAGNA ELECTRO CASTINGS LTD.-$ to theΒ Metal Fabrication industry mean.
  • 12.7% Return on Assets means thatΒ MAGNA ELECTRO CASTINGS LTD.-$ generatedΒ ₹0.13 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of MAGNA ELECTRO CASTINGS LTD.-$:

  • The MRQ is 12.7%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 12.7%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ12.7%TTM12.7%0.0%
TTM12.7%YOY11.8%+0.9%
TTM12.7%5Y10.3%+2.3%
5Y10.3%10Y10.3%+0.1%
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ12.7%0.7%+12.0%
TTM12.7%0.7%+12.0%
YOY11.8%0.8%+11.0%
3Y12.9%0.9%+12.0%
5Y10.3%1.1%+9.2%
10Y10.3%1.0%+9.3%
4.3.1.3. Return on Equity

Shows how efficient MAGNA ELECTRO CASTINGS LTD.-$ is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compareΒ MAGNA ELECTRO CASTINGS LTD.-$ to theΒ Metal Fabrication industry mean.
  • 17.9% Return on Equity means MAGNA ELECTRO CASTINGS LTD.-$ generated ₹0.18Β for eachΒ ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of MAGNA ELECTRO CASTINGS LTD.-$:

  • The MRQ is 17.9%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 17.9%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ17.9%TTM17.9%0.0%
TTM17.9%YOY13.9%+3.9%
TTM17.9%5Y13.4%+4.5%
5Y13.4%10Y13.2%+0.2%
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ17.9%1.4%+16.5%
TTM17.9%1.6%+16.3%
YOY13.9%1.5%+12.4%
3Y16.7%1.6%+15.1%
5Y13.4%1.9%+11.5%
10Y13.2%1.8%+11.4%
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4.3.2. Operating Efficiency of MAGNA ELECTRO CASTINGS LTD.-$.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

MeasuresΒ how efficient MAGNA ELECTRO CASTINGS LTD.-$ is operatingΒ .

  • Measures how much profit MAGNA ELECTRO CASTINGS LTD.-$ makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compareΒ MAGNA ELECTRO CASTINGS LTD.-$ to theΒ Metal Fabrication industry mean.
  • An Operating Margin of 0.0%Β means the company generated ₹0.00 Β for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of MAGNA ELECTRO CASTINGS LTD.-$:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y2.5%-2.5%
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.6%-7.6%
TTM-5.1%-5.1%
YOY-2.8%-2.8%
3Y-2.3%-2.3%
5Y-3.9%-3.9%
10Y2.5%4.5%-2.0%
4.3.2.2. Operating Ratio

Measures how efficient MAGNA ELECTRO CASTINGS LTD.-$ is keepingΒ operating costsΒ low.

  • Below 1 is considered healthy (always compare toΒ Metal Fabrication industry mean).
  • An Operation Ratio of 1.42 means that the operating costs are ₹1.42 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of MAGNA ELECTRO CASTINGS LTD.-$:

  • The MRQ is 1.421. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.421. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.421TTM1.4210.000
TTM1.421YOY1.461-0.040
TTM1.4215Y1.497-0.076
5Y1.49710Y1.457+0.040
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4211.701-0.280
TTM1.4211.536-0.115
YOY1.4611.089+0.372
3Y1.4791.301+0.178
5Y1.4971.180+0.317
10Y1.4571.138+0.319
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4.4.3. Liquidity of MAGNA ELECTRO CASTINGS LTD.-$.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if MAGNA ELECTRO CASTINGS LTD.-$ is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare toΒ Metal Fabrication industry mean).
  • A Current Ratio of 2.13Β means the company has ₹2.13 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of MAGNA ELECTRO CASTINGS LTD.-$:

  • The MRQ is 2.134. The company is able to pay all its short-term debts. +1
  • The TTM is 2.134. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.134TTM2.1340.000
TTM2.134YOY4.075-1.941
TTM2.1345Y3.102-0.968
5Y3.10210Y3.315-0.213
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ2.1341.756+0.378
TTM2.1341.802+0.332
YOY4.0751.901+2.174
3Y3.1491.864+1.285
5Y3.1021.904+1.198
10Y3.3151.766+1.549
4.4.3.2. Quick Ratio

Measures if MAGNA ELECTRO CASTINGS LTD.-$ is able to pay off Short-term Debt but only usingΒ theΒ most liquid assets.

  • Above 1 is considered healthy butΒ always compareΒ MAGNA ELECTRO CASTINGS LTD.-$ to theΒ Metal Fabrication industry mean.
  • A Quick Ratio of 1.63Β means the company can pay off ₹1.63 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of MAGNA ELECTRO CASTINGS LTD.-$:

  • The MRQ is 1.633. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.633. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.633TTM1.6330.000
TTM1.633YOY3.145-1.512
TTM1.6335Y2.381-0.748
5Y2.38110Y2.542-0.161
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6330.737+0.896
TTM1.6330.796+0.837
YOY3.1451.014+2.131
3Y2.4410.981+1.460
5Y2.3811.034+1.347
10Y2.5421.009+1.533
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4.5.4. Solvency of MAGNA ELECTRO CASTINGS LTD.-$.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much %Β of MAGNA ELECTRO CASTINGS LTD.-$Β assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compareΒ MAGNA ELECTRO CASTINGS LTD.-$ to Metal Fabrication industry mean.
  • A Debt to Asset Ratio of 0.29Β means that MAGNA ELECTRO CASTINGS LTD.-$ assets areΒ financed with 29.2% credit (debt) and the remaining percentage (100% - 29.2%)Β is financed by its owners/shareholders.Β 

Let's take a look of the Debt to Asset Ratio trends of MAGNA ELECTRO CASTINGS LTD.-$:

  • The MRQ is 0.292. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.292. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.292TTM0.2920.000
TTM0.292YOY0.156+0.136
TTM0.2925Y0.229+0.064
5Y0.22910Y0.219+0.010
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2920.472-0.180
TTM0.2920.464-0.172
YOY0.1560.469-0.313
3Y0.2190.482-0.263
5Y0.2290.470-0.241
10Y0.2190.472-0.253
4.5.4.2. Debt to Equity Ratio

Measures ifΒ MAGNA ELECTRO CASTINGS LTD.-$ is able toΒ pay off its debts by usingΒ shareholders equity.

  • Below 2 is considered healthy butΒ always compareΒ MAGNA ELECTRO CASTINGS LTD.-$ to theΒ Metal Fabrication industry mean.
  • A Debt to Equity ratio of 41.3% means that company has ₹0.41 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of MAGNA ELECTRO CASTINGS LTD.-$:

  • The MRQ is 0.413. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.413. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.413TTM0.4130.000
TTM0.413YOY0.185+0.228
TTM0.4135Y0.301+0.112
5Y0.30110Y0.284+0.017
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4130.889-0.476
TTM0.4130.891-0.478
YOY0.1850.903-0.718
3Y0.2870.948-0.661
5Y0.3010.971-0.670
10Y0.2840.955-0.671
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

MeasuresΒ how much money you payΒ for each share forΒ every ₹1 in earnings MAGNA ELECTRO CASTINGS LTD.-$ generates.

  • Above 15 is considered overpriced butΒ always compareΒ MAGNA ELECTRO CASTINGS LTD.-$ to theΒ Metal Fabrication industry mean.
  • A PE ratio of 16.26 means the investor is paying ₹16.26Β for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of MAGNA ELECTRO CASTINGS LTD.-$:

  • The EOD is 23.536. Based on the earnings, the company is fair priced.
  • The MRQ is 16.261. Based on the earnings, the company is fair priced.
  • The TTM is 16.261. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD23.536MRQ16.261+7.275
MRQ16.261TTM16.2610.000
TTM16.261YOY12.075+4.185
TTM16.2615Y12.035+4.226
5Y12.03510Y10.683+1.352
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
EOD23.53614.109+9.427
MRQ16.26112.558+3.703
TTM16.26113.207+3.054
YOY12.07513.497-1.422
3Y11.73614.377-2.641
5Y12.03516.275-4.240
10Y10.68318.158-7.475
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of MAGNA ELECTRO CASTINGS LTD.-$:

  • The EOD is -63.621. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -43.955. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -43.955. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-63.621MRQ-43.955-19.666
MRQ-43.955TTM-43.9550.000
TTM-43.955YOY404.268-448.222
TTM-43.9555Y75.932-119.887
5Y75.93210Y57.833+18.099
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
EOD-63.621-1.354-62.267
MRQ-43.955-1.328-42.627
TTM-43.9551.145-45.100
YOY404.2681.932+402.336
3Y126.6661.237+125.429
5Y75.9321.049+74.883
10Y57.8330.721+57.112
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price ofΒ MAGNA ELECTRO CASTINGS LTD.-$ is to cheap or to expensiveΒ compared to its book value.

  • At or below 1 is considered healthyΒ (always compare to Metal Fabrication industry mean).
  • A PB ratio of 2.91 means the investor is paying ₹2.91Β for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of MAGNA ELECTRO CASTINGS LTD.-$:

  • The EOD is 4.208. Based on the equity, the company is fair priced.
  • The MRQ is 2.907. Based on the equity, the company is underpriced. +1
  • The TTM is 2.907. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD4.208MRQ2.907+1.301
MRQ2.907TTM2.9070.000
TTM2.907YOY1.683+1.224
TTM2.9075Y1.587+1.320
5Y1.58710Y1.400+0.187
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
EOD4.2081.504+2.704
MRQ2.9071.461+1.446
TTM2.9071.449+1.458
YOY1.6831.599+0.084
3Y1.9461.703+0.243
5Y1.5871.921-0.334
10Y1.4002.049-0.649
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Latest Balance Sheet

Balance Sheet of 2025-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets1,827,102
Total Liabilities534,061
Total Stockholder Equity1,293,041
 As reported
Total Liabilities 534,061
Total Stockholder Equity+ 1,293,041
Total Assets = 1,827,102

Assets

Total Assets1,827,102
Total Current Assets879,745
Long-term Assets947,357
Total Current Assets
Cash And Cash Equivalents 3,836
Short-term Investments 129,924
Net Receivables 543,371
Inventory 124,707
Other Current Assets 77,907
Total Current Assets  (as reported)879,745
Total Current Assets  (calculated)879,745
+/-0
Long-term Assets
Property Plant Equipment 859,274
Intangible Assets 2,444
Long-term Assets Other 8,857
Long-term Assets  (as reported)947,357
Long-term Assets  (calculated)870,575
+/- 76,782

Liabilities & Shareholders' Equity

Total Current Liabilities412,287
Long-term Liabilities121,774
Total Stockholder Equity1,293,041
Total Current Liabilities
Short Long Term Debt 12,701
Accounts payable 269,943
Other Current Liabilities 4,702
Total Current Liabilities  (as reported)412,287
Total Current Liabilities  (calculated)287,346
+/- 124,941
Long-term Liabilities
Long term Debt 97,645
Long-term Liabilities Other -1
Long-term Liabilities  (as reported)121,774
Long-term Liabilities  (calculated)97,644
+/- 24,130
Total Stockholder Equity
Total Stockholder Equity (as reported)1,293,041
Total Stockholder Equity (calculated)0
+/- 1,293,041
Other
Capital Stock42,321
Common Stock Shares Outstanding 4,232
Net Debt 106,510
Net Invested Capital 1,403,387
Net Working Capital 467,458
Property Plant and Equipment Gross 859,274



6.2. Balance Sheets Structured

Currency in INR. All numbers in thousands.

 Trend2025-03-312024-03-312023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-31
> Total Assets 
0
0
901,362
888,433
911,999
1,069,884
1,192,324
1,284,293
1,827,102
1,827,1021,284,2931,192,3241,069,884911,999888,433901,36200
   > Total Current Assets 
335,768
435,274
549,956
535,404
565,477
716,663
740,143
734,334
879,745
879,745734,334740,143716,663565,477535,404549,956435,274335,768
       Cash And Cash Equivalents 
0
0
14,417
28,755
7,173
2,621
15,943
18,049
3,836
3,83618,04915,9432,6217,17328,75514,41700
       Short-term Investments 
0
0
51,219
114,144
141,666
141,698
199,528
202,668
129,924
129,924202,668199,528141,698141,666114,14451,21900
       Net Receivables 
249,316
338,083
385,049
283,806
291,609
390,426
381,950
364,108
543,371
543,371364,108381,950390,426291,609283,806385,049338,083249,316
       Inventory 
57,662
80,682
91,431
98,029
73,180
115,107
93,494
107,460
124,707
124,707107,46093,494115,10773,18098,02991,43180,68257,662
       Other Current Assets 
6,591
4,061
2,684
5,413
1,543
25
166
2,543
77,907
77,9072,543166251,5435,4132,6844,0616,591
   > Long-term Assets 
0
0
351,406
353,029
346,522
353,221
452,181
549,959
947,357
947,357549,959452,181353,221346,522353,029351,40600
       Property Plant Equipment 
369,298
349,590
315,589
315,187
318,704
315,858
397,285
425,026
859,274
859,274425,026397,285315,858318,704315,187315,589349,590369,298
       Intangible Assets 
0
0
80
80
80
80
574
391
2,444
2,4443915748080808000
       Long-term Assets Other 
0
0
0
0
1
6,228
2,228
70,300
8,857
8,85770,3002,2286,22810000
> Total Liabilities 
0
0
193,446
153,452
198,625
286,765
248,718
200,507
534,061
534,061200,507248,718286,765198,625153,452193,44600
   > Total Current Liabilities 
155,438
182,500
162,909
123,948
169,841
262,150
228,555
180,226
412,287
412,287180,226228,555262,150169,841123,948162,909182,500155,438
       Short Long Term Debt 
0
0
0
0
0
49,129
0
0
12,701
12,7010049,12900000
       Accounts payable 
98,096
129,441
145,888
113,960
91,797
118,432
127,007
83,607
269,943
269,94383,607127,007118,43291,797113,960145,888129,44198,096
       Other Current Liabilities 
9,102
12,116
8,341
3,864
2,821
3,801
3,616
3,075
4,702
4,7023,0753,6163,8012,8213,8648,34112,1169,102
   > Long-term Liabilities 
0
0
30,537
29,504
28,784
24,615
20,163
20,281
121,774
121,77420,28120,16324,61528,78429,50430,53700
       Capital Lease Obligations Min Short Term Debt
0
0
0
1,855
1,346
771
1,521
920
0
09201,5217711,3461,855000
       Long-term Liabilities Other 
0
0
1,185
0
0
0
0
0
-1
-1000001,18500
> Total Stockholder Equity
0
0
707,916
734,981
713,374
783,119
943,606
1,083,786
1,293,041
1,293,0411,083,786943,606783,119713,374734,981707,91600
   Common Stock
45,822
45,822
45,822
45,822
0
0
0
0
0
0000045,82245,82245,82245,822
   Retained Earnings Total Equity000000000
   Accumulated Other Comprehensive Income 000000000
   Capital Surplus 000000000
   Treasury Stock000000000
   Other Stockholders Equity 000000000



6.3. Balance Sheets

Currency in INR. All numbers in thousands.




6.4. Cash Flows

Currency in INR. All numbers in thousands.




6.5. Income Statements

Currency in INR. All numbers in thousands.


6.6. Latest Income Statement

Income Statement (annual), 2025-03-31. Currency in INR. All numbers in thousands.

Gross Profit (+$)
totalRevenue1,764,492
Cost of Revenue-1,038,828
Gross Profit725,664725,664
 
Operating Income (+$)
Gross Profit725,664
Operating Expense-1,468,605
Operating Income295,887-742,941
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense1,468,6050
 
Net Interest Income (+$)
Interest Income0
Interest Expense-2,698
Other Finance Cost-0
Net Interest Income-2,698
 
Pretax Income (+$)
Operating Income295,887
Net Interest Income-2,698
Other Non-Operating Income Expenses0
Income Before Tax (EBT)310,446295,887
EBIT - interestExpense = -2,698
231,170
233,868
Interest Expense2,698
Earnings Before Interest and Taxes (EBIT)0313,144
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax310,446
Tax Provision-79,276
Net Income From Continuing Ops231,170231,170
Net Income231,170
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net02,698
 

Technical Analysis of MAGNA ELECTRO CASTINGS LTD.-$
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of MAGNA ELECTRO CASTINGS LTD.-$. The general trend of MAGNA ELECTRO CASTINGS LTD.-$ is BULLISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine MAGNA ELECTRO CASTINGS LTD.-$'s overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (85.7%) Bearish trend (-85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. MAGNA ELECTRO CASTINGS LTD.-$ Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

SupportΒ is a price level at which demand for an asset is strong enough to prevent the price from falling further.
ResistanceΒ is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of MAGNA ELECTRO CASTINGS LTD.-$.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 1,299.

The bearish price targets are: 1,188 > 1,180 > 1,140.

Know someone who trades $MAGNAELQ? Share this with them.πŸ‘‡

MAGNA ELECTRO CASTINGS LTD.-$ Daily Support & Resistance Chart
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2. Trend Indicators

2.1 Moving Averages

Shows theΒ moving averageΒ of the selected period.

  • Moving averages are laggingΒ trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of MAGNA ELECTRO CASTINGS LTD.-$. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

MAGNA ELECTRO CASTINGS LTD.-$ Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows theΒ momentumΒ of theΒ selected period based on two moving averages.

  • MACD is aΒ lagging momentumΒ indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of MAGNA ELECTRO CASTINGS LTD.-$. The current macd is 67.44.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the MAGNA ELECTRO CASTINGS LTD.-$ price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for MAGNA ELECTRO CASTINGS LTD.-$. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the MAGNA ELECTRO CASTINGS LTD.-$ price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
MAGNA ELECTRO CASTINGS LTD.-$ Daily Moving Average Convergence/Divergence (MACD) ChartMAGNA ELECTRO CASTINGS LTD.-$ Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of MAGNA ELECTRO CASTINGS LTD.-$. The current adx is 31.68.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy MAGNA ELECTRO CASTINGS LTD.-$ shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
MAGNA ELECTRO CASTINGS LTD.-$ Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • ShowsΒ the current trend.
  • ShowsΒ potential entry signals.
  • ShowsΒ Β potential exit signals.
  • Can be used to placeΒ trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of MAGNA ELECTRO CASTINGS LTD.-$. The current sar is 1,155.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
MAGNA ELECTRO CASTINGS LTD.-$ Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentumΒ indicator, meaning the signals are instant.
  • RangesΒ between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of MAGNA ELECTRO CASTINGS LTD.-$. The current rsi is 70.37. The current phase is Overbought in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 0/(-13 +13).

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
  • Trending up: The RSI is trending up. +1
MAGNA ELECTRO CASTINGS LTD.-$ Daily Relative Strength Index (RSI) ChartMAGNA ELECTRO CASTINGS LTD.-$ Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

ComparesΒ a certain price to multiple prices ranging over time.

  • LeadingΒ momentumΒ indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • RangesΒ between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of MAGNA ELECTRO CASTINGS LTD.-$. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 6/6.
The longshort score for the Stochastic Oscillator is 6/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the MAGNA ELECTRO CASTINGS LTD.-$ price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
MAGNA ELECTRO CASTINGS LTD.-$ Daily Stochastic Oscillator ChartMAGNA ELECTRO CASTINGS LTD.-$ Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,Β the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of MAGNA ELECTRO CASTINGS LTD.-$. The current cci is 148.32.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
MAGNA ELECTRO CASTINGS LTD.-$ Daily Commodity Channel Index (CCI) ChartMAGNA ELECTRO CASTINGS LTD.-$ Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of MAGNA ELECTRO CASTINGS LTD.-$. The current cmo is 41.77.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
MAGNA ELECTRO CASTINGS LTD.-$ Daily Chande Momentum Oscillator (CMO) ChartMAGNA ELECTRO CASTINGS LTD.-$ Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

Β Shows the current price relative to the highest high over the last 14 days.
Β 

  • Lagging momentum indicator
  • Ranging between 0 andΒ -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of MAGNA ELECTRO CASTINGS LTD.-$. The current willr is -11.53351699.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
MAGNA ELECTRO CASTINGS LTD.-$ Daily Williams %R ChartMAGNA ELECTRO CASTINGS LTD.-$ Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversoldΒ 

Score

Let's take a look at the Bollinger Bands of MAGNA ELECTRO CASTINGS LTD.-$.

MAGNA ELECTRO CASTINGS LTD.-$ Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of MAGNA ELECTRO CASTINGS LTD.-$. The current atr is 62.17.

MAGNA ELECTRO CASTINGS LTD.-$ Daily Average True Range (ATR) ChartMAGNA ELECTRO CASTINGS LTD.-$ Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

Β Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of MAGNA ELECTRO CASTINGS LTD.-$. The current obv is 655,552.

MAGNA ELECTRO CASTINGS LTD.-$ Daily On-Balance Volume (OBV) ChartMAGNA ELECTRO CASTINGS LTD.-$ Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of MAGNA ELECTRO CASTINGS LTD.-$. The current mfi is 82.33.

The long score for the Money Flow Index (MFI) is 2/2.
The longshort score for the Money Flow Index (MFI) is 2/(-2 +2).

  • MFI > 50: +1
  • MFI > 80: +1
MAGNA ELECTRO CASTINGS LTD.-$ Daily Money Flow Index (MFI) ChartMAGNA ELECTRO CASTINGS LTD.-$ Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for MAGNA ELECTRO CASTINGS LTD.-$.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2025-02-10STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-14STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-02-18STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-02-19RSI LONG ENTRY SHORT CLOSE30 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-02-27STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-03-03STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-03-06CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-03-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-20CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-03-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-03-25STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-01STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-02STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-03CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-04-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-04-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-04-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2025-04-21SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-22BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-04-23STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-25CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-28CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-29STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-30STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-05-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-05-07SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-09STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-05-12STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-15STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-16STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-19CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-05-21STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-05-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-05-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-06-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-04WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-06-05ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-06STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-09STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-06-10MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-06-12STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-13RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-06-16WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-06-17MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-06-18STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-19STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-06-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-06-23SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-06-24STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-06-25STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-06-26CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-06-30BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-07-01STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-07-03RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-07-04STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

MAGNA ELECTRO CASTINGS LTD.-$ Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of MAGNA ELECTRO CASTINGS LTD.-$ based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5070.373
Ma 20Greater thanMa 501,135.603
Ma 50Greater thanMa 1001,010.003
Ma 100Greater thanMa 200938.102
OpenGreater thanClose1,184.450
Total3/5 (60.0%)
Penke
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