M M Forgings Share Price
Small Cap | Engineering | NSE: MMFL | BSE: 522241
₹343.85 
0.05 (0.01 %)
Last Updated: 29 Apr 2025 03:45 PM
BEARISH
Overview
Open (₹) 343.50
High (₹) 349.90
Low (₹) 341.25
Prev. Close (₹) 343.80
Volume 17,705
VWAP (₹) 353.69
ROCE (%) 18.81
Industry P/E 35.27
TTM P/E 13.24
P/B Ratio 1.05
Market Cap (₹) Cr.1,660.16
Dividend Yield (%)2.33
EPS (₹) 55.94
ROE17.11%
Sales Growth (%) 6.92
Profit Growth (%)5.55
Day Range
349.90349.90
52 Week Range
308.50725.00
Historical Returns
Returns (6M)
-30.74 %
Returns (1Y)
-40.27 %
Returns (3Y)
-21.91 %
Returns (5Y)
290.38 %
Returns (6M)
-30.74 %
Returns (1Y)
-40.27 %
Returns (3Y)
-21.91 %
Returns (5Y)
290.38 %
SWOT Analysis
- Company with (5.55%) TTM EPS Growth
- Book value per share improving over the last 2 years
- Company with 5.55% positive TTM EPS growth
- Increasing Annual Revenue for Past 2 Years
- Strong short-term momentum: Price above short-term moving averages (EMA_10)
- Positive ROC (9) indicates upward momentum.
Technicals
Technical Rating
BEARISHRSI 65.11
MFI 47.78
ATR 14.92
Commodity Channel Index 62.10
ROC125 -38.63
ROC21 0.39
Williams %R -16.11
Resistance & Support
| Type | Resistance 1 | Resistance 2 | Resistance 3 | PP | Support 1 | Support 2 | Support 3 |
|---|---|---|---|---|---|---|---|
| Current | 358.71 | 366.28 | 372.16 | 352.83 | 345.26 | 339.38 | 331.81 |
| Week Ago | 322.65 | 325.65 | 328.95 | 319.35 | 316.35 | 313.05 | 310.05 |
| Month Ago | 354.10 | 366.75 | 375.50 | 345.35 | 332.70 | 323.95 | 311.30 |
EMA & SMA
343.85
Current Price
Bullish Moving Averages
11
Bearish Moving Averages
9
5 Day 334.75
9 Day 337.72
10 Day 338.69
12 Day 336.86
14 Day 337.43
20 Day 343.88
26 Day 347.85
50 Day 361.25
100 Day 418.47
200 Day 498.13
Deals & Announcements
Bulk and Block Deals
| Client Name | Deal Type | Action | Date | Avg. Price | Quantity | Exchange |
|---|---|---|---|---|---|---|
| GRAVITON RESEARCH CAPITAL LLP | bulk | Sell | 27 May, 2024 | ₹1,260.09 | 1,29,192 | NSE |
| GRAVITON RESEARCH CAPITAL LLP | bulk | Buy | 27 May, 2024 | ₹1,259.63 | 1,29,192 | NSE |
| GRAVITON RESEARCH CAPITAL LLP | bulk | Sell | 18 Dec, 2023 | ₹1,009.19 | 1,49,019 | NSE |
| GRAVITON RESEARCH CAPITAL LLP | bulk | Buy | 18 Dec, 2023 | ₹1,007.30 | 1,49,019 | NSE |
| KUWAIT INVESTMENT AUTHORITY FUND F239 | bulk | Sell | 29 Apr, 2021 | ₹463.76 | 1,37,290 | NSE |
| HDFC MUTUAL FUND - HDFC BALANCED ADVANTAGE FUND | bulk | Sell | 14 Jan, 2021 | ₹448.50 | 2,89,978 | NSE |
| HDFC MUTUAL FUND | bulk | Buy | 14 Jan, 2021 | ₹448.50 | 2,90,699 | NSE |
Insider Trading
Corporate Actions
| Announcement Date | Subject | Ex - Date | Record Date |
|---|---|---|---|
| 29 May, 2024 | Bonus issue in the ratio of 1:1 of Rs. 10/-. | 16 Jul, 2024 | 16 Jul, 2024 |
| 29 May, 2024 | Rs.8.0000 per share(80%)Interim Dividend | 14 Jun, 2024 | 14 Jun, 2024 |
| 18 May, 2023 | Rs.6.0000 per share(60%)Interim Dividend | 29 May, 2023 | 29 May, 2023 |
| 25 May, 2022 | Rs.6.0000 per share(60%)Interim Dividend | 06 Jun, 2022 | 07 Jun, 2022 |
Announcements
| Date | Source | Detail |
|---|---|---|
| 26 Apr, 2025 | BSE India | <b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=''1px''><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> </tr> <tr><td>1</td><td>Name of Company</td><td>MM Forgings Ltd-</td></tr> <tr><td>2</td><td>CIN NO.</td><td>L51102TN1946PLC001473</td></tr> <tr><td>3</td> <td>Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr)</td> <td>737.26</td></tr> <tr><td>4</td><td>Highest Credit Rating during the previous FY </td><td>A1</td></tr> <tr><td>4a</td><td>Name of the Credit Rating Agency issuing the Credit Rating mentioned in (4)</td><td>CARE RATINGS LIMITED</td></tr> <tr><td>5</td><td>Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the framework</td><td>BSE</td></tr> </table> <br/><br/> <div> <div style=''float:left;''> We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No</div> <br/><br/><br/> <div style=''float:left;''> Name of the Company Secretary: Chandrasekar S <br/> Designation: Company Secretary and Compliance Officer <br/> EmailId: corporate@mmforgings.com</div> <div ''style=float:left;margin-left:50px;''> Name of the Chief Financial Officer: R Venkatakrishnan <br/> Designation: Chief Financial Officer <br/> EmailId: venkatakrishnan@mmforgings.com</div> </div> <div> <br/> Date: 26/04/2025<br/><br/> <b>Note:<b> In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets. </div> |
| 24 Apr, 2025 | NSE India | Ajay S. Ramachandran has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. |
| 10 Apr, 2025 | NSE India | MM Forgings Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31 March 2025 |
| 10 Apr, 2025 | BSE India | Compliance Certificate under Reg 74(5) of the SEBI (DP) Regulations for the quarter ended 31 March 2025 |
| 08 Apr, 2025 | NSE India | MM Forgings Limited has informed the Exchange about Copy of Newspaper Publication in connection with notice of postal Ballot |
| 07 Apr, 2025 | NSE India | MM FORGINGS LIMITED has informed the Exchange about Notice of Shareholders Meeting for Postal Ballot |
| 07 Apr, 2025 | NSE India | MM Forgings Limited has informed the Exchange regarding Notice of Postal Ballot |
| 07 Apr, 2025 | BSE India | Notice of Postal Ballot |
| 26 Mar, 2025 | NSE India | MM FORGINGS LIMITED has informed the Exchange about Closure of Trading Window |
| 26 Mar, 2025 | NSE India | MM Forgings Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 |
Board Meetings
| Purpose | Details | Meeting Date | Broadcast Date |
|---|---|---|---|
| Quarterly Results | -- | 28 Jan, 2025 | 03 Feb, 2025 |
| Quarterly Results | -- | 22 Oct, 2024 | 26 Oct, 2024 |
| Quarterly Results | -- | 06 Aug, 2024 | 12 Aug, 2024 |
| Others | To consider and approve allotment of Bonus shares | 17 Jul, 2024 | 17 Jul, 2024 |
| Audited Results, Dividend & Bonus issue | -- | 01 Jun, 2024 | 29 May, 2024 |
| Quarterly Results | (Revised) | 05 Feb, 2024 | 10 Feb, 2024 |
| Quarterly Results | -- | 03 Feb, 2024 | 07 Feb, 2024 |
| Quarterly Results | -- | 31 Oct, 2023 | 09 Nov, 2023 |
| Quarterly Results | -- | 28 Jul, 2023 | 12 Aug, 2023 |
| Audited Results & Interim Dividend | (Revised) | 08 May, 2023 | 17 May, 2023 |
Share Holding Pattern
| Owner Name | Mar, 2025 | Dec, 2024 | Dec, 2023 | Dec, 2022 | Dec, 2021 |
|---|---|---|---|---|---|
| Promoter Group | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% |
| Foreign Institutions + | 3.09% | 3.75% | 1.93% | 1.16% | 0.77% |
| Domestic Institutions + | 8.92% | 9.85% | 14.47% | 16.65% | 21.22% |
| Government | 0% | 0% | 0% | 0% | 0% |
| Public | 31.65% | 30.06% | 27.26% | 25.85% | 21.67% |
| Others | 0% | 0% | 0% | 0% | 0% |
About M M Forgings
M M Forgings 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. Currently Company 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.
Parent Organisation
Not Applicable
Founded
1946
Managing Director
Mr. Vidyashankar Krishnan
NSE Symbol
MMFL
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 |
Peer Comparison
| Stocks | Market Cap | Market Price | 52 Week Low-High |
|---|---|---|---|
| Bharat Forge | ₹54,215.25 | ₹1,134.00  ₹1,117.10(1.51%) | ₹919.100 - ₹1,826.200 |
| Sona BLW Precision Forgings | ₹30,579.20 | ₹491.85 ₹463.25(6.17%) | ₹379.800 - ₹767.800 |
| CIE Automotive India | ₹15,591.79 | ₹411.00 ₹409.45(0.38%) | ₹361.250 - ₹628.450 |
| Ramkrishna Forgings | ₹11,073.95 | ₹612.40  ₹624.75(-1.98%) | ₹579.000 - ₹1,064.000 |
| Happy Forgings | ₹7,491.78 | ₹794.95 ₹790.80(0.52%) | ₹716.100 - ₹1,298.950 |
FAQs on M M Forgings
What is the share price of M M Forgings?
The share price of M M Forgings on 29 Apr, 2025 is ₹ 343.85.
What is 52W high and 52W low share price of M M Forgings?
The highest and lowest 52W share prices of M M Forgings are ₹ 725.000 and ₹ 308.500
What is the market cap of M M Forgings?
The market capitalization of M M Forgings as of 29 Apr, 2025 is ₹ 1,660.16 Crores
What is the P/E ratio of M M Forgings?
The current P/E ratio of M M Forgings as of 29 Apr, 2025 is 35.27
What is the PB ratio of M M Forgings?
The PB ratio of M M Forgings as of 29 Apr, 2025 is 1.05
Top Gainers
₹322.00
₹268.38 (0.20%)
₹40.95
₹34.13 (0.20%)
₹1.57
₹1.31 (0.20%)
₹37.90
₹31.63 (0.20%)
Top Losers
₹71.01
₹79.65 (-0.11%)
₹12.16
₹13.51 (-0.10%)
₹1.51
₹1.75 (-0.14%)
₹16.74
₹18.83 (-0.11%)
Market Indices
Sensex
₹80,288.38
₹80,218.37 (0.00%)