M M Forgings Ltd (MMFL)
₹1067.75▲1.24%
M M Forgings Ltd share Performance
- ₹1048.15₹1076₹1067.75
1.84%
Low
Day's Volatility:2.61%
High
0.77%
- ₹816.95₹1099₹1067.75
23.49%
Low
52 Weeks Volatility:26.42%
High
2.93%
| Returns % | |
| 1 Month Return | 21.07 % |
| 3 Month Return | 14.58 % |
| 1 Year Return | 28.8 % |
| Market Stats | |
| Previous Close | ₹1,054.65 |
| Open | ₹1,060.00 |
| Volume | 61.97K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹2,546.01Cr |
Analyst Rating
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
Company Information
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.
Share Price: ₹1067.75 per share as on 25 Apr, 2024 04:01 PM
Market Capitalisation: ₹2,546.01Cr as of today
Revenue: ₹397.37Cr as on December 2023 (Q4 23)
Net Profit: ₹33.54Cr as on December 2023 (Q4 23)
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 |
Key events for M M Forgings Ltd
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 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 IMPACTPrice Rise
In the last 7 days, MMFL stock has moved up by 7.0%
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, MMFL has outperformed top 5 stocks with highest market-cap in Iron & Steel
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 27.27% to 29.55% in Mar 2024 quarter
- POSITIVE IMPACT
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
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 1.93% to 2.28% in Mar 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 56.34% of holdings in Mar 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, NMDC Ltd has given 128.0% return, outperforming this stock by 99.2%
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 14.14% to 11.47% in Mar 2024 quarter
- NEGATIVE IMPACT
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
M M Forgings Ltd Valuation
M M Forgings Ltd in the last 5 years
Lowest (7.51x)
March 30, 2020
Today (19.77x)
April 24, 2024
Industry (51.10x)
April 24, 2024
Highest (93.84x)
December 11, 2020
Mutual Fund Holdings
| Funds | Holdings |
 Tata Small Cap Fund Direct Growth | 1.11% |
 HSBC Small Cap Fund Fund Direct Growth | 0.46% |
 HDFC Hybrid Equity Fund Direct Growth Option | 0.23% |
| HDFC Multi Cap Fund Direct Growth | 0.2% |
 Sundaram Small Cap Fund - Direct Plan - Growth Option | 0.42% |
Shareholding Pattern
| 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
Frequently Asked Questions
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M M Forgings Ltd (MMFL) share price today is ₹1067.75
M M Forgings Ltd is listed on NSE
M M Forgings Ltd is listed on BSE
- Today’s highest price of M M Forgings Ltd is ₹1076.
- Today’s lowest price of M M Forgings Ltd is ₹1048.15.
PE Ratio of M M Forgings Ltd is 19.77
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 61.97K.
Today’s market capitalisation of M M Forgings Ltd(MMFL) is ₹2546.01Cr.
| M M Forgings Ltd(MMFL | Price |
|---|---|
52 Week High | ₹1099 |
52 Week Low | ₹816.95 |
M M Forgings Ltd(MMFL) share price is ₹1067.75. It is down -2.84% from its 52 Week High price of ₹1099
M M Forgings Ltd(MMFL) share price is ₹1067.75. It is up 30.70% from its 52 Week Low price of ₹816.95
| M M Forgings Ltd(MMFL | Returns |
|---|---|
1 Day Returns | 13.1% |
1 Month Returns | 21.07% |
3 Month Returns | 14.58% |
1 Year Returns | 28.8% |