[Stock idea] – Magna Electro Castings…debt free auto components supplier
Hello Sir,Hope you are doing well.Recently, I came across a stock by the name of Magna Electro Castings. The last 5-6 years numbers of the company looked good and the valuations reasonable.The company is engaged in the manufacturing of ductile and grey iron castings in the weight range of 300 grams to maximum of 2000 kilograms.Below, we have shared notes from the Jan’23 CARE credit report of the company. Hope you find the details useful in your search of investment opportunities. Before that, a…