MMFL

M M Forgings Share Price M M Forgings

₹1,120.1
-49.65 (-4.24%)
09 May, 2024 23:30 BSE: 522241 NSE: MMFLISIN: INE227C01017

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M M Forgings Performance

Day Range

  • Low 1,112
  • High 1,187
₹ 1,120

52 Week Range

  • Low 825
  • High 1,205
₹ 1,120
  • Open Price1,176
  • Previous Close1,170
  • Volume70209

M M Forgings Share Price

  • Over 1 Month +27%
  • Over 3 Month +22.18%
  • Over 6 Month +25.7%
  • Over 1 Year +23.31%

M M Forgings Key Statistics

P/E Ratio 21
PEG Ratio 8.2
Market Cap Cr 2,704
Price to Book Ratio 4
EPS 52
Dividend 0.5
Relative Strength Index 63.18
Money Flow Index 81.52
MACD Signal 57.22
Average True Range 54.43
M M Forgings Financials
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 386384366372
Operating Expenses Qtr Cr 313312303307
Operating Profit Qtr Cr 75726265
Depreciation Qtr Cr 18181817
Interest Qtr Cr 119107
Tax Qtr Cr 16141116
Net Profit Qtr Cr 38373030
IndicatorMar 2023
Total Revenue Annual Cr 1,425
Operating Expenses Annual Cr 1,154
Operating Profit Annual in Cr 256
Depreciation Cr 68
Interest Annual Cr 29
Tax Annual Cr 49
Net Profit Annual Cr 126
IndicatorMar 2023
Cash from Operating Activity Annual Cr 114
Cash from Investing Activity Annual Cr -156
Cash from Financing Annual Activity Cr 23
Net Cash Flow Annual Cr -19
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 689
Fixed Assets Annual Cr 771
Total Non Current Assets Annual Cr 937
Total Current Assets Annual Cr 733
Total Assets Annual Cr 1,670
IndicatorMar 2023
Book Value Per Share Annual Rs 285
ROE Annual % 18
ROCE Annual % 19
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 19
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 397397370387
Operating Expenses Qtr Cr 323322305319
Operating Profit Qtr Cr 75756570
Depreciation Qtr Cr 21212121
Interest Qtr Cr 119107
Tax Qtr Cr 15141116
Net Profit Qtr Cr 34352931
IndicatorMar 2023
Total Revenue Annual Cr 1,474
Operating Expenses Annual Cr 1,189
Operating Profit Annual in Cr 273
Depreciation Cr 79
Interest Annual Cr 30
Tax Annual Cr 49
Net Profit Annual Cr 128
IndicatorMar 2023
Cash from Operating Activity Annual Cr 169
Cash from Investing Activity Annual Cr -187
Cash from Financing Annual Activity Cr 10
Net Cash Flow Annual Cr -8
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 673
Fixed Assets Annual Cr 867
Total Non Current Assets Annual Cr 920
Total Current Assets Annual Cr 740
Total Assets Annual Cr 1,660
IndicatorMar 2023
Book Value Per Share Annual Rs 279
ROE Annual % 19
ROCE Annual % 20
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 19

M M Forgings Technicals

EMA & SMA

Current Price
₹1,120.1
-49.65 (-4.24%)
pointer
  • Bullish Moving Average
  • ___
  • 13
  • Bearish Moving Average
  • ___
  • 3
  • 20 Day
  • ₹1,066.53
  • 50 Day
  • ₹995.41
  • 100 Day
  • ₹962.06
  • 200 Day
  • ₹936.22
  • 20 Day
  • ₹1,046.33
  • 50 Day
  • ₹958.86
  • 100 Day
  • ₹956.97
  • 200 Day
  • ₹937.35

M M Forgings Resistance and Support

PIVOT
₹1,139.8
Resistance
First Resistance 1,167.20
Second Resistance 1,214.30
Third Resistance 1,241.70
RSI 63.18
MFI 81.52
MACD Single Line 57.22
MACD 62.45
Support
First Resistance 1,092.70
Second Resistance 1,065.30
Third Resistance 1,018.20

M M Forgings Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 80,058 3,316,803 41.43
Week 127,236 5,412,636 42.54
1 Month 188,805 8,853,057 46.89
6 Month 87,634 4,522,778 51.61

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. 1409.28 Cr. and Equity Capital is Rs. 24.14 Cr. for the Year ended 31/03/2023. 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 2,709
Sales 1,510
Shares in Float 1.06
No of funds 37
Yield 0.53
Book Value 4.1
U/D Vol ratio 2.5
LTDebt / Equity 48
Alpha 0.05
Beta 0.77

M M Forgings

Owner NameMar-24Dec-23Sep-23Jun-23
Promoters 56.34%56.34%56.34%56.34%
Mutual Funds 11.47%14.14%15.4%16.37%
Foreign Portfolio Investors 2.28%1.93%1.72%1.64%
Individual Investors 25.29%23.54%22.81%21.97%
Others 4.62%4.05%3.73%3.68%

M M Forgings Management

Name Designation
Mr. N Srinivasan Chairman
Mr. Vidyashankar Krishnan Vice Chairman & Mng.Director
Mr. K Venkatramanan Joint Managing Director
Mrs. Sumita Vidyashankar Director
Mr. V Vaidyanathan Director
Mr. A Gopalakrishnan Director
Mrs. Kavitha Vijay 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
2024-02-10 Quarterly Results (Revised) per share(25%)Interim Dividend
2023-11-09 Quarterly Results
2023-08-12 Quarterly Results
2023-05-17 Audited Results & Interim Dividend (Revised) per share(25%)Interim Dividend
2023-02-13 Quarterly Results
Date Purpose Remarks
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

M M Forgings FAQs

What is Share Price of M M Forgings ?

M M Forgings share price is ₹1,120 As on 09 May, 2024 | 23:16

What is the Market Cap of M M Forgings ?

The Market Cap of M M Forgings is ₹2704 Cr As on 09 May, 2024 | 23:16

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

The P/E ratio of M M Forgings is 21 As on 09 May, 2024 | 23:16

What is the PB ratio of M M Forgings ?

The PB ratio of M M Forgings is 4 As on 09 May, 2024 | 23:16

Q2FY23