Magna Eletrocasting Share Price

Magna Eletrocasting

CMP as on17-Sep-21 15:57

₹ 171.20
-1.1 -0.64%


₹ 172.30

Turnover (lac)

₹ 2

Prev. Close

₹ 172.30

Day's Vol (shares)

₹ 4,108

Day's Range

₹ 171.00
₹ 175.00

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.

  • Director

    J Vijayakumar
  • Independent Director

    K Gnanasekaran
  • Independent Director

    R Nandini
  • Independent Director

    Jairam Varadaraj.
  • Managing Director

    N Krishna Samaraj
  • Independent Director

    C R Swaminathan
  • Company Secretary

    Sangeeta C

Registered Office

43 (Old No 62),
Balasundaram Road,Coimbatore,
Tamil Nadu-641018


Surya 35 Mayflower,
Road,Coimbatore - 641 028