Munish Forge Stock Performance

as on July 3, 2026 at 9:31 pm IST

Day's Low
Day's High
₹68.35
Day's Price Range
₹73.60
₹70.00
2.36%
Downside
5.14%
Upside
52 Week's Low
52 Week's High
₹50.20
52-Week Price Range
₹143.00
₹70.00
28.29%
Downside
104.29%
Upside

Munish Forge share price movements today

Previous Close: ₹70.85
Open: ₹72.00
Volume: 8,400.00
Upper Circuit: ₹74.35
Lower Circuit: ₹67.35
Day's Low - High: ₹68.35 - ₹73.60
52 Week Low - High: ₹50.20 - ₹143.00

Munish Forge Historical Returns

1 Month Return: + 12.1 %
3 Month Return: + 10.7 %
1 Year Return: -35.74 %
3 Year Return: -35.74 %
5 Year Return: -35.74 %

Munish Forge Fundamentals

as on July 3, 2026 at 4:01 pm IST

Market Cap

₹170.54 Cr

Return on Equity (ROE)

11.45

PE Ratio (TTM)

Return on capital employed (ROCE)

11.23

Beta (LTM)

1.19

P/B Ratio

Dividend Yield

PEG Ratio

Quarterly Earnings Growth YOY

EPS (TTM)

Book Value

Munish Forge Technical Analysis

Track how Munish Forge technical analysis has moved over time to understand its trends.

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1 day

1 week

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Moving Averages

Bearish

Neutral

Bullish

Oscillators

Bearish

Neutral

Bullish

Bearish

Overall

Bearish5

Bullish4

Neutral6

Oscillators

Name	Value	Action
MACD level (12,26)	0.02	Bearish
CCI (20)	0	Neutral
RSI (14)	99.51	Bearish
Momentum (10)	0	Neutral
ADI (14)	98.62	Neutral
Ultimate Oscillator (7,14,28)	0	Bearish

Moving Averages

Name	Value	Action
SMA (20)	70	Neutral
EMA (20)	69.99	Bullish
VWMA (20)	70	Neutral
SMA (50)	69.97	Bullish
EMA (50)	69.9	Bullish
SMA (200)	70.57	Bearish
EMA (200)	70.45	Bearish
KAMA (200)	70	Neutral
DEMA (200)	69.48	Bullish

Munish Forge Ltd vs Peer Comparison

Compare market cap, revenue, PE, and other key metrics of Munish Forge with its industry peers.

Company	Analyst View	Market Cap(in ₹ Cr)	5 Year CAGR	Debt to Asset Ratio	Net Profit(in ₹ Cr)	Yearly Revenue(in ₹ Cr)
Munish Forge Ltd	NA	170.54	-7.15%	0.74	14	175
Ganga Forging Ltd	NA	79.53	-15.04%	0.00	1	43
Tirupati Forge Ltd	NA	880.33	336.51%	0.00	7	114
Gallard Steel Ltd	NA	0.00	-4.85%	0.77	6	53
Gala Precision Engineering Ltd	NA	1,509.62	11.11%	0.57	35	314

See all

Munish Forge Stock’s Investor Sentiment and Interest

Search interest for Munish Forge Ltd Stock has decreased by -6% in the last 30 days, reflecting a downward trend in search activity.

Time period: June 5, 2026 to July 5, 2026

Change:-6% versus previous 30 day period

Munish Forge Ltd Quarterly Profit & Loss

Figures in Rupees Crores

	Dec 2024	Mar 2025
Sales	43.14	47.36
Other Income	1.49	0.77
Total Income	44.63	48.12
Expenses	37.04	40.31
Operating Profit	6.1	7.05
Operating Profit Margin %	14.14%	14.89%
Profit Before Interest, Tax and Depreciation	7.59	7.81
Interest	1.34	1.27
Depreciation	0.8	1.18
Profit Before Tax	5.45	5.36
Tax Paid	1.42	1.46
Profit After Tax	4.03	3.91
Total Net profit including share of profit / Loss from associate company	4.03	3.91
EPS	2.46	2.21
Actual EPS	2.46	2.21
Adjusted EPS	2.46	2.21

Munish Forge Ltd Annual Profit & Loss

Figures in Rupees Crores

	Mar 2024	Mar 2025	Mar 2026
Sales	159.89	175.45	182.64
Other Income	1.69	3.61	1.15
Total Income	161.58	179.05	183.78
Expenses	148.45	151.08	161.21
Operating Profit	11.44	24.37	21.43
Operating Profit Margin %	7.15%	13.89%	11.73%
Profit Before Interest, Tax and Depreciation	13.13	27.97	22.57
Interest	4.59	5.06	5.82
Depreciation	2.76	3.38	3.86
Profit Before Tax	5.78	19.53	12.89
Tax Paid	1.38	5.08	2.36
Profit After Tax	4.39	14.44	10.53
Total Net profit including share of profit / Loss from associate company	4.39	14.44	10.07
EPS	4.55	8.7	5.43
Actual EPS	4.55	8.7	5.43
Adjusted EPS	2.68	8.7	5.43
Diluted EPS	4.55	8.7	5.43

Munish Forge Ltd Cash Flow

Figures in Rupees Crores

	Mar 2024	Mar 2025
Net Cash from Operating Activities	4.3	5.52
Cash Flow from Investing Activities	-4.66	-10.48
Cash Flow from Financing Activities	-7.65	7.98
Net Cash Flow	-8.01	3.03

Munish Forge Stock Shareholding Pattern

Numbers in percentages

	May 2025	Sep 2025	Oct 2025	Mar 2026
Promoters	100%	100%	68.01%	68.01%
DII	0%	0%	9.23%	3.59%
FII	0%	0%	5.09%	1.93%
Public	0%	0%	17.67%	26.46%
Total Outstanding Shares	1,77,13,863	1,77,13,863	2,40,70,263	2,40,70,263
Total Shareholders	8	8	1,396	527

Insights on Munish Forge Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 17.67% to 26.46% in Mar 2026 quarter
NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 68.01% of holdings in Mar 2026 quarter
NEGATIVE IMPACT
Price Dip
In the last 6 months, MUNISH stock has moved down by -32.1%
NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 5.09% to 1.93% in Mar 2026 quarter

About Munish Forge Ltd

Munish Forge Limited was initially established by the Promoter Mr. Davinder Bhasin under the name of Gaisu Forge Private Limited with the main object in manufacturing forged components like cycle parts electrical insulator parts and metalwork on July 25 1986 with the Registrar of Companies Punjab Himachal Pradesh Chandigarh. The Company changed the name from Gaisu Forge Private Limited to Munish Forge Limited transitioning from a private to a public entity marking a significant milestone in growth by the addition of new products like Flange further expanding its business operations on May 3 1995. The Company restructured again and changed its status from a Limited Company to a Private Limited Company as Munish Forge Private Limited in 2002. Subsequently Company was againconverted from a Private Limited to Public Limited and the name of the Company was changed from Munish Forge Private Limited to Munish Forge Limited and a Fresh Certificate of Incorporation was issued on December 17 2024.At present Company is engaged in manufacture of forging and casting components like Flanges Scaffolding Auto parts tank tracks chains bomb shells fence post to Indian Army and various industries such as Defence Oil and Gas Tractor Automobile Construction and Infrastructure. As a key supplier to the Indian Army it produces battle tank track chains and bomb shells. The Company has established itself as a trusted supplier in the Defence sector. Starting with a single machine shop it has grown into a powerhouse manufacturing critical components for the Indian Army such as Battle Tank Track Chains and Bomb Shells. Starting from April 1 2024 Munish achieved a significant milestone by initiating operations in its new casting division at Dev Arjuna Cast and Forge Private Limited DACF now known as Munish Forge Casting Division. This strategic expansion involved acquiring all plant and machinery from DACF and leasing its land to establish a casting facility. This move enabled Munish to venture into the production of intricate components such as specialized track chains or JCB parts that are challenging to forge. With ongoing projects and approvals from Defence authorities Company contribute to Indias Defense capabilities while serving clients across developed markets like the USA UK Canada and Europe.Company is planning to launch an IPO by issuing 7700800 equity shares of Rs 10 each comprising a fresh issue of 6356800 equity shares and 1344000 equity shares through offer for sale..

Revenue: ₹47.36Cr as on March 2025 (Q4 FY25)
Net Profit: ₹3.91Cr as on March 2025 (Q4 FY25)
Listing date: 08 Oct, 2025

Organisation	Munish Forge Ltd
Industry	Castings, Forgings & Fastners
E-voting on shares	Click here to vote

FAQs

What is Munish Forge share price today?

Munish Forge share price today stands at ₹70 as on July 3, 2026 at 4:01 pm IST at the close of the market. Munish Forge share today touched a day high of ₹73.6 and a low of ₹68.35.

What is the 52 week high and 52 week low range for Munish Forge share?

Munish Forge touched a 52 week high of ₹143 and a 52 week low of ₹50.2. Munish Forge share price today i.e. July 3, 2026 at 4:01 pm IST is closed at ₹70, which is -51.05% down from its 52 week high and 39.44% up from its 52 week low.

What is Munish Forge's market capitalisation today?

Munish Forge market capitalisation is ₹170.54 Cr as on July 3, 2026 at 4:01 pm IST.

How to buy Munish Forge shares?

To buy Munish Forge shares, you need to follow these steps:

Open a Demat account and Trading account on INDmoney
Fund your Trading account
Search for MUNISH or Munish Forge Ltd on the INDmoney app to check live prices of the stock
Click on Buy or SIP to place an order to invest in Munish Forge shares. You can invest by selecting the number of shares or set up a fixed SIP to invest every month or week.

What is Munish Forge trading volume today?

Munish Forge trading volume is 8,400.00 as on July 3, 2026 at 4:01 pm IST. This means that 8,400.00 shares of Munish Forge were bought and sold on the stock market during today's trading session.