Magna Electro Castings Limited announces status of Third Moulding Line Project

Magna Electro Castings Limited has announced that all the machineries and equipment required for Third moulding line project have been received and the erection work is nearing completion. All the Statutory approvals have been received. The trial run is scheduled for May, 2025 and the Third Moulding Line Project is expected to be commissioned by June, 2025.

Shares of MAGNA ELECTRO CASTINGS LTD. was last trading in BSE at Rs. 906.15 as compared to the previous close of Rs. 916.20. The total number of shares traded during the day was 421 in over 27 trades.

The stock hit an intraday high of Rs. 920.00 and intraday low of 890.00. The net turnover during the day was Rs. 381965.00.

Source : Equity Bulls

Keywords

MAGNAELECTROCASTINGS INE437D01010 ThirdMouldingLine ProjectStatus