₹1132.85▲0.72%
3.77%
Low
Day's Volatility:6.46%
High
2.69%
27.17%
Low
52 Weeks Volatility:32.75%
High
5.57%
Returns % | |
1 Month Return | 27.54 % |
3 Month Return | 23.1 % |
1 Year Return | 23.83 % |
Market Stats | |
Previous Close | ₹1,124.80 |
Open | ₹1,130.40 |
Volume | 1.16L |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹2,715.36Cr |
based on 2 analysts
Based on 2 analysts offering long term price targets for M M Forgings Ltd. An average target of ₹1195
Source: S&P Global Market Intelligence
Organisation | M M Forgings Ltd |
Headquarters | Chengai-anna |
Industry | Castings, Forgings & Fastners |
E-voting on shares | Click here to vote |
Key events for M M Forgings Ltd
Despite limited growth expectations, M M Forgings Ltd stock has soared by 32% and is up 37% in the last year. The P/E ratio of 21.4x is lower than expected for a company that is expected to deliver limited growth, and importantly, perform worse than the market. Analysts suggest earnings should grow by 33% over the next year.
M M Forgings Reports 31% YoY Earnings Expansion - 19 Apr, 2024
M M Forgings has reported a 31% YoY earnings expansion, with the share price up 115% over three years and 12% in a month. The company's EPS growth of 123% per year over three years is higher than the average annual increase in share price (29%). Total shareholder return for the last three years is 120%, exceeding its share price return.
Fundamentals of 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.
Best in 3 Years
In the last 3 years, MMFL has outperformed top 5 stocks with highest market-cap in Iron & Steel
FII Holding Up
Foreign Institutions have increased holdings from 1.93% to 2.28% in Mar 2024 quarter
Retail Holding Up
Retail Investor have increased holdings from 27.27% to 29.55% in Mar 2024 quarter
Price Rise
In the last 1 month, MMFL stock has moved up by 27.5%
Revenue Rich
Revenue is up for the last 3 quarters, 375.43 Cr → 404.27 Cr (in ₹), with an average increase of 3.6% per quarter
Against Peers
In the last 1 year, NMDC Ltd has given 148.0% return, outperforming this stock by 124.2%
Promoter Holding Unchanged
Promoters holdings remained unchanged at 56.34% of holdings in Mar 2024 quarter
Profit Down
Netprofit is down for the last 2 quarters, 35.45 Cr → 33.54 Cr (in ₹), with an average decrease of 5.4% per quarter
MF Holding Down
Mutual Funds have decreased holdings from 14.14% to 11.47% in Mar 2024 quarter
M M Forgings Ltd in the last 5 years
Lowest (7.51x)
March 30, 2020
Today (21.08x)
May 3, 2024
Industry (51.88x)
May 3, 2024
Highest (93.84x)
December 11, 2020
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 56.34% | 0.00 | |
Foreign Institutions | 2.28% | 0.00 | |
Mutual Funds | 11.47% | 0.00 | |
Retail Investors | 29.55% | 0.00 | |
Others | 0.36% | 0.00 |
Technicals of M M Forgings Ltd share
News & Events of M M Forgings Ltd
M M Forgings Ltd (MMFL) share price today is ₹1132.85
M M Forgings Ltd is listed on NSE
M M Forgings Ltd is listed on BSE
PE Ratio of M M Forgings Ltd is 21.08
PE ratio = M M Forgings Ltd Market price per share / M M Forgings Ltd Earnings per share
Today’s traded volume of M M Forgings Ltd(MMFL) is 1.16L.
Today’s market capitalisation of M M Forgings Ltd(MMFL) is ₹2715.36Cr.
M M Forgings Ltd(MMFL | Price |
---|---|
52 Week High | ₹1196 |
52 Week Low | ₹825 |
M M Forgings Ltd(MMFL) share price is ₹1132.85. It is down -5.28% from its 52 Week High price of ₹1196
M M Forgings Ltd(MMFL) share price is ₹1132.85. It is up 37.32% from its 52 Week Low price of ₹825
M M Forgings Ltd(MMFL | Returns |
---|---|
1 Day Returns | 8.05% |
1 Month Returns | 27.54% |
3 Month Returns | 23.1% |
1 Year Returns | 23.83% |