SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Magna Electro Castings’ promoter hikes stake in company

27 Dec 2017 Evaluate

Magna Electro Castings’ promoter - N Muthulakshmi has acquired 4,53,000 (9.89%) equity shares through inter se transfer on December 26, 2017.

Post acquisition, the total holdings of N Muthulakshmi exceeded 5% in the company and increased to 6,13,591 (13.39%) equity shares. Prior to acquisition, N Muthulakshmi held 1,60,491 (3.50%) equity shares in the company.

Magna Electro Castings is engaged in the manufacture of iron castings, including grey iron, spheroidal graphite (SG) iron and other iron alloy castings-machined and unmachined, and steel components.


Magna ElectroCasting Share Price

958.55 9.05 (0.95%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
AIA Engineering 3958.20
Alicon Castalloy 684.70
Nelcast 141.10
Steelcast 295.55
Synergy Green Inds. 514.80
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×