1. Home
  2. Stocks
  3. Mmfl Share Price
  • Chart
  • Rating
  • Financials
  • Technicals
  • Volume
  • Result
  • Synopsis
  • Corp Action
  • MF Shareholding
  • Similar Stocks
  • FAQs

    • M M Forgings Share Price

    Small Cap
    ₹595.45
    -11.55 (-1.9%)
    • Advice
    • Hold
    18 September, 2024 02:40 BSE: 522241 NSE: MMFL ISIN: INE227C01017
    Bonus

    Start SIP in M M Forgings

    Start SIP

    M M Forgings Performance

    Day Range

    • Low 590
    • High 610
    ₹ 595

    52 Week Range

    • Low 413
    • High 730
    ₹ 595
    • Open Price609
    • Previous Close607
    • Volume64455

    M M Forgings Chart

    • Over 1 Month -0.2%
    • Over 3 Month -1.24%
    • Over 6 Month + 35.08%
    • Over 1 Year + 29.72%

    M M Forgings Key Statistics

    P/E Ratio 21.2
    PEG Ratio 3.7
    Market Cap Cr
    Price to Book Ratio 3.6
    EPS 30
    Dividend 0.7
    Relative Strength Index 52.68
    Money Flow Index 45.3
    MACD Signal -4.4
    Average True Range 22.49

    M M Forgings Investment Rating

    • Master Rating:

    • M M Forgings has an operating revenue of Rs. 1,575.09 Cr. on a trailing 12-month basis. An annual revenue growth of 7% is good, Pre-tax margin of 12% is healthy, ROE of 17% is exceptional. The company has a reasonable debt to equity of 49%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 50DMA and around 9% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 80 which is a GOOD score indicating consistency in earnings, a RS Rating of 46 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 64 indicates it belongs to a poor industry group of Auto/Truck-Original Eqp and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

    EPS Strength

    Price Strength

    Buyer Demand

    Group Rank

    M M Forgings Financials
    IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
    Oper Rev Qtr Cr 364388386384366372
    Operating Expenses Qtr Cr 297313313312303307
    Operating Profit Qtr Cr 727575726265
    Depreciation Qtr Cr 191818181817
    Interest Qtr Cr 1513119107
    Tax Qtr Cr 121416141116
    Net Profit Qtr Cr 323938373030
    IndicatorMar 2024Mar 2023
    Total Revenue Annual Cr 1,5521,425
    Operating Expenses Annual Cr 1,2391,154
    Operating Profit Annual in Cr 288256
    Depreciation Cr 7268
    Interest Annual Cr 4329
    Tax Annual Cr 5449
    Net Profit Annual Cr 145126
    IndicatorMar 2024Mar 2023
    Cash from Operating Activity Annual Cr 145114
    Cash from Investing Activity Annual Cr -201-156
    Cash from Financing Annual Activity Cr 6323
    Net Cash Flow Annual Cr 6-19
    IndicatorMar 2024Mar 2023
    Total ShareHolders Funds Annual Cr 816689
    Fixed Assets Annual Cr 930771
    Total Non Current Assets Annual Cr 1,127937
    Total Current Assets Annual Cr 868733
    Total Assets Annual Cr 1,9961,670
    IndicatorMar 2024Mar 2023
    Book Value Per Share Annual Rs 338285
    ROE Annual % 1818
    ROCE Annual % 1919
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 2119
    IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
    Oper Rev Qtr Cr 378397397397370387
    Operating Expenses Qtr Cr 309320323322305319
    Operating Profit Qtr Cr 737875756570
    Depreciation Qtr Cr 222021212121
    Interest Qtr Cr 1513119107
    Tax Qtr Cr 121415141116
    Net Profit Qtr Cr 303734352931
    IndicatorMar 2024Mar 2023
    Total Revenue Annual Cr 1,5841,474
    Operating Expenses Annual Cr 1,2701,189
    Operating Profit Annual in Cr 293273
    Depreciation Cr 8379
    Interest Annual Cr 4230
    Tax Annual Cr 5449
    Net Profit Annual Cr 135128
    IndicatorMar 2024Mar 2023
    Cash from Operating Activity Annual Cr 131169
    Cash from Investing Activity Annual Cr -232-187
    Cash from Financing Annual Activity Cr 9410
    Net Cash Flow Annual Cr -6-8
    IndicatorMar 2024Mar 2023
    Total ShareHolders Funds Annual Cr 789673
    Fixed Assets Annual Cr 1,038867
    Total Non Current Assets Annual Cr 1,102920
    Total Current Assets Annual Cr 866740
    Total Assets Annual Cr 1,9681,660
    IndicatorMar 2024Mar 2023
    Book Value Per Share Annual Rs 327279
    ROE Annual % 1719
    ROCE Annual % 1920
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 2019
    Invest in M M Forgings

    M M Forgings Technicals

    EMA & SMA

    Current Price
    ₹595.45
    -11.55 (-1.9%)
    pointer
    • Bullish Moving Average
    • ___
    • 14
    • Bearish Moving Average
    • ___
    • 2
    • 20 Day
    • ₹586.49
    • 50 Day
    • ₹590.93
    • 100 Day
    • ₹578.36
    • 200 Day
    • ₹545.91
    • 20 Day
    • ₹589.03
    • 50 Day
    • ₹601.82
    • 100 Day
    • ₹596.68
    • 200 Day
    • ₹531.17

    M M Forgings Resistance and Support

    PIVOT
    ₹598.49
    Resistance
    First Resistance 606.87
    Second Resistance 618.28
    Third Resistance 626.67
    RSI 52.68
    MFI 45.30
    MACD Single Line -4.40
    MACD -2.71
    Support
    First Support 587.07
    Second Support 578.68
    Third Supoort 567.27

    M M Forgings Delivery and Volume

    Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
    Day 67,050 3,799,053 56.66
    Week 80,076 4,344,134 54.25
    1 Month 73,634 3,946,760 53.6
    6 Month 119,376 5,543,834 46.44

    M M Forgings Result Highlights

    M M Forgings Synopsis

    NSE-Auto/Truck-Original Eqp

    M M Forgings Ltd. is involved in the business activities of Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Company’s Total Operating Revenue is Rs. 1527.08 Cr. and Equity Capital is Rs. 24.14 Cr. for the Year ended 31/03/2024. M M Forgings Ltd. is a Public Limited Listed company incorporated on 21/02/1946 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L51102TN1946PLC001473 and registration number is 001473.
    Market Cap 2,931
    Sales 1,529
    Shares in Float 2.12
    No of funds 45
    Yield 1.32
    Book Value 3.59
    U/D Vol ratio 1
    LTDebt / Equity 47
    Alpha 0.01
    Beta 1.07

    M M Forgings Shareholding Pattern

    Owner NameJun-24Mar-24Dec-23Sep-23
    Promoters 56.34%56.34%56.34%56.34%
    Mutual Funds 9.51%11.47%14.14%15.4%
    Foreign Portfolio Investors 2.85%2.28%1.93%1.72%
    Individual Investors 25.98%25.29%23.54%22.81%
    Others 5.32%4.62%4.05%3.73%

    M M Forgings Management

    Name Designation
    Mr. Vidyashankar Krishnan Chairman & Managing Director
    Mr. K Venkatramanan Joint Managing Director
    Mrs. Sumita Vidyashankar Non Executive Director
    Mr. Ramnath Nagarajan Director - Commercial
    Mr. Krishnakumar Raman Director - Operations
    Mrs. Kavitha Vijay Independent Director
    Mr. Shankar Athreya Independent Director
    Mr. S Krishnakumar Independent Director
    Mr. R Subramanian Independent Director
    Mr. Hari Sankaran Independent Director

    M M Forgings Forecast

    Price Estimates

    2,000(9.8%)
    1,758(-3.5%)
    1,590(-12.7%)

    Other Analyst Rating

    M M Forgings Corporate Action

    Date Purpose Remarks
    2024-08-12 Quarterly Results
    2024-07-17 Others To consider and approve allotment of Bonus shares per share(50%)Interim Dividend
    2024-05-29 Audited Results, Dividend & Bonus issue
    2024-02-10 Quarterly Results (Revised) per share(50%)Interim Dividend
    2023-11-09 Quarterly Results
    Date Purpose Remarks
    2024-06-14 FINAL Rs.8.00 per share(80%)Interim Dividend
    2023-05-29 FINAL Rs.6.00 per share(60%)Interim Dividend
    2022-06-07 INTERIM Rs.6.00 per share(60%)Interim Dividend
    2021-07-02 INTERIM Rs.5.00 per share(50%)Interim Dividend
    Date Purpose Remarks
    2024-07-16 Bonus Rs.0.00 issue in the ratio of 1:1 of Rs. 10/-.

    M M Forgings MF Shareholding

    Name Amount(cr)
    HDFC Hybrid Equity Fund Growth 24,645
    HDFC Multi Cap Fund Regular Growth 17,186
    HSBC Small Cap Fund Fund Regular Growth 16,905
    Tata Small Cap Fund Regular Growth 8,878
    Sundaram Small Cap Fund - Regular Plan - Growth Option 3,503

    M M Forgings FAQs

    What is Share Price of M M Forgings ?

    M M Forgings share price is ₹595 As on 18 September, 2024 | 02:26

    What is the Market Cap of M M Forgings ?

    The Market Cap of M M Forgings is ₹2874.9 Cr As on 18 September, 2024 | 02:26

    What is the P/E ratio of M M Forgings ?

    The P/E ratio of M M Forgings is 21.2 As on 18 September, 2024 | 02:26

    What is the PB ratio of M M Forgings ?

    The PB ratio of M M Forgings is 3.6 As on 18 September, 2024 | 02:26

    Q2FY23
    Open Free Demat Account

    Be a part of 5paisa community - The first listed discount broker of India.

    +91
     
    footer_form

    CIN: L67190MH2007PLC289249 | Stock Broker SEBI Regn.: INZ000010231 | SEBI RA Regn.: INH000004680 | SEBI Depository Regn.: IN DP CDSL: IN-DP-192-2016 | AMFI-registered Mutual Fund Distributor | AMFI REGN No.: ARN-104096 | Date of initial Registration: 30/07/2015 | Current validity of ARN : 29/07/2024 | NSE Member id: 14300 | BSE Member id: 6363 | MCX Member ID: 55945 | Investment Adviser Regn No: INA000014252 | Registered Address - IIFL House, Sun Infotech Park, Road no. 16V, Plot no. B-23, MIDC, Thane Industrial Area, Waghle Estate, Thane, Maharashtra - 400604

    *Brokerage will be levied flat fee/executed order basis and not on a percentage basis. Flat fee of Rs. 10/order is available with Power Investor & Ultra Trader Packs. Investment in securities market are subject to market risk, read all related documents carefully before investing. Digital account would be opened after all procedure relating to IPV and client due diligence is completed. If sale/ purchase value of share of Rs.10/- or less, a maximum brokerage of 25 paisa per share may be collected. Brokerage will not exceed the SEBI prescribed limit.

    Compliance Officer: Ms. Namita Godbole, Email: support@5paisa.com, Support Desk Helpline: 8976689766

    Contact Us

    Attention Investors

    • 1. No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.
    • 2. Message from Exchange(s): Prevent Unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day. Issued in the interest of investors.
    • 3. Message from Depositories: a) Prevent Unauthorized Transactions in your demat account --> Update your mobile number with your Depository Participant. Receive alerts on your registered mobile for all debit and other important transactions in your demat account directly from CDSL on the same day issued in the interest of investors. b) KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

    Email: support@5paisa.com

    Support Desk Helpline: 8976689766

    ©2024, 5Paisa Capital Ltd. All Rights Reserved. We are ISO 27001:2013 Certified.