M M Forgings Ltd Share Price
(MMFL)
₹338.6▲2.31%
as on 04:01PM, 28 Mar 2025
M M Forgings Ltd Performance
Day's Low
Day's High
₹330Day's Price Range₹347.9552 Week's Low
52 Week's High
₹322.752-Week Price Range₹729.8
| Returns % | |
| 1 Month Return | + 2.57 % |
| 3 Month Return | -27.21 % |
| 1 Year Return | -23.72 % |
| Market Stats | |
| Previous Close | ₹330.95 |
| Open | ₹330.00 |
| Volume | 2.35L |
| Upper Circuit | ₹397.10 |
| Lower Circuit | ₹264.80 |
| Market Cap | ₹1,634.81Cr |
M M Forgings Ltd Fundamentals
P/E Ratio
13.04
PEG Ratio
-18.37
Market Cap
₹1,634.81 Cr
P/B Ratio
2.58
EPS
27.97
Dividend Yield
0.92
Sector
Castings, Forgings & Fastners
ROE
19.31
Mutual Fund Holdings of M M Forgings Ltd
M M Forgings Ltd Analyst Rating
based on 2 analysts
100.00%
Buy
0.00%
Hold
0.00%
Sell
Based on 2 analysts offering long term price targets for M M Forgings Ltd. An average target of ₹668.5
Source: S&P Global Market Intelligence
M M Forgings Ltd Share analysis
M M Forgings Ltd price forecast by 2 analysts
Upside of97.43%
High
₹720
Target
₹668.50
Low
₹617
M M Forgings Ltd target price ₹668.5, a slight upside of 97.43% compared to current price of ₹338.6. According to 2 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
M M Forgings Ltd revenue growth forecast
Expected growth rate Q1, FY2027:28.50%
Forecast
Actual
Including amortisation and stock based compensations
M M Forgings Ltd EPS growth forecast
EPS estimate Q1, FY2027:49.80%
Forecast
Actual
Source: S&P Global Market Intelligence
Key events for M M Forgings Ltd
MM Forgings Announces Board Changes and Appointments - 22 Mar, 2025
MM Forgings Limited has appointed Smt. Rama Sivaraman as a Non-Executive Independent Director and announced a comprehensive reconstitution of its board committees, effective March 31, 2025. These changes aim to strengthen governance and oversight within the company.MM Forgings Faces Potential Sales Impact from US Norms - 18 Mar, 2025
MM Forgings Ltd anticipates a potential $4-5 million sales hit if proposed US green norms are rolled back. However, the company views this impact as temporary, with possible pre-buy sales boosting revenue by $3-4 million in 2026 if norms are implemented by 2027.
Insights on M M Forgings Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRetail Holding Up
Retail Investor have increased holdings from 29.75% to 30.07% in Dec 2024 quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 3.41% to 3.75% in Dec 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, Lloyds Metals & Energy Ltd has given 870.4% return, outperforming this stock by 890.3%
- NO EFFECT
Against Peers
In the last 1 year, Lloyds Metals & Energy Ltd has given 114.3% return, outperforming this stock by 138.0%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 56.34% of holdings in Dec 2024 quarter
NEGATIVE IMPACTPrice Dip
In the last 6 months, MMFL stock has moved down by -43.0%
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 31.91 Cr → 26.55 Cr (in ₹), with an average decrease of 16.8% per quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 9.33% to 8.77% in Dec 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 405.37 Cr → 377.64 Cr (in ₹), with an average decrease of 6.8% per quarter
M M Forgings Ltd Financials
M M Forgings Ltd Index Inclusions
M M Forgings Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 56.34% | 0.00 | |
| Foreign Institutions | 3.75% | 9.84 | |
| Mutual Funds | 8.77% | ||
| Retail Investors | 30.07% | 1.06 | |
| Others | 1.08% |
M M Forgings Ltd Key Indicators
M M Forgings Ltd Valuation
M M Forgings Ltd in the last 5 years
Lowest (6.89x)
July 16, 2019
Today (13.04x)
March 28, 2025
Industry (34.58x)
March 28, 2025
Highest (93.83x)
December 11, 2020
M M Forgings Ltd Earnings and Dividends
M M Forgings Ltd Earnings Results
M M Forgings Ltd’s net profit fell -20.84% since last year same period to ₹26.55Cr in the Q3 2024-2025. On a quarterly growth basis, M M Forgings Ltd has generated -16.8% fall in its net profits since last 3-months.
Read More about Earnings ResultsM M Forgings Ltd Dividends May,2024
In the quarter ending March 2024, M M Forgings Ltd has declared dividend of ₹8 - translating a dividend yield of 2.36%.
Read More about Dividends
M M Forgings Ltd Technicals Summary
Bearish
Neutral
Bullish
M M Forgings Ltd is currently in a Bearish trading position according to technical analysis indicators.
M M Forgings Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹1,634.81 Cr | 60.98% | 0.77 | ₹135 Cr | ₹1,563 Cr | |
| NA | ₹1,106.88 Cr | 26.21% | 0.60 | ₹55 Cr | ₹931 Cr | |
| NA | ₹146.62 Cr | 103.71% | 0.51 | NA | NA | |
| NA | ₹89.76 Cr | 221.29% | 0.60 | ₹5 Cr | ₹194 Cr | |
| NA | ₹274.44 Cr | 7.57% | 0.57 | ₹9 Cr | ₹94 Cr |
About M M Forgings Ltd
The company is well known for its top quality products which include high precision forgings, automotive components, machined components and assemblies. Its popular brands include M M Forging, M M Automotive, M M Cold Formed, and M M Machining. M M Forgings Ltd is committed to delivering the best quality products to its customers and is constantly innovating and developing new products.
Revenue: ₹372.49Cr as on December 2024 (Q4 24)
Net Profit: ₹26.55Cr as on December 2024 (Q4 24)
Listing date: 23 Sep, 1996
Chairperson Name: N Srinivasan
| Organisation | M M Forgings Ltd |
| Headquarters | Chengai-anna |
| Industry | Castings, Forgings & Fastners |
| E-voting on shares | Click here to vote |
FAQs on M M Forgings Ltd
What is M M Forgings Ltd price today?
M M Forgings Ltd share price today stands at ₹338.6, Open: ₹330, Previous Close: ₹330.95, High: ₹347.95, Low: ₹330, 52 Week High: ₹729.8, 52 Week Low: ₹322.7.
How to Buy M M Forgings Ltd Share in India?
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- Place an order to buy M M Forgings Ltd shares
What are today's traded volumes of M M Forgings Ltd?
Today's traded volume of M M Forgings Ltd(MMFL) is 2.35L.
What is today's market capitalisation of M M Forgings Ltd?
Today's market capitalisation of M M Forgings Ltd(MMFL) is ₹1634.81Cr.
What is the 52 Week High and Low Range of M M Forgings Ltd?
How much percentage M M Forgings Ltd is down from its 52 Week High?
M M Forgings Ltd (MMFL) share price is ₹338.6. It is down -53.60% from its 52 Week High price of ₹729.8
How much percentage M M Forgings Ltd is up from its 52 Week low?
M M Forgings Ltd (MMFL) share price is ₹338.6. It is up 4.93% from its 52 Week Low price of ₹322.7