M.M.Forgings Ltd Share Price & Stock Analysis

M M Forgings Limited, together with its subsidiaries, manufactures and sells steel forgings in India. The company offers sprocket, flange housing, connecting rod, rail forging, hub, knuckle, front axle beam, universal joint cross, steering and pivot arm, planetary wheel carrier, upper arm shaft, shifter fork, and rear axle spindle. It also provides yoke shaft, double yoke, crankshaft, link, yoke, fit yoke, lever, and high pressure valves body and bonnet. The company’s products are used for passenger cars, commercial vehicles, off highway vehicles, value/oilfield, agriculture, and engineering components. The company was formerly known as The Madras Motors Ltd and changed its name to M M Forgings Limited in 1993. M M Forgings Limited was founded in 1945 and is based in Chennai, India.

Key Metrics

Current Price₹443.30
Market Cap₹2,140 Cr
SectorMaterials > Materials > Metals and Mining
Sub-IndustrySteel > Iron Ores, Steel Works, Blast Furnaces, And Finishing Mills
P/E Ratio21.7
Return on Equity10.49%
52-Week Range₹295.10 – ₹525.85
Beta (1Y)0.73
Dividend Yield1.80%

Business Segments

1. Manufacture of Steel Forgings-100%

Peer Companies

Frequently Asked Questions

What is the current share price of M.M.Forgings Ltd?

M.M.Forgings Ltd is trading at ₹443.30, with a market capitalisation of ₹2,140 Cr.

Which sector does M.M.Forgings Ltd belong to?

M.M.Forgings Ltd operates in the Materials > Materials > Metals and Mining space (Steel > Iron Ores, Steel Works, Blast Furnaces, And Finishing Mills).

What are the key financial ratios of M.M.Forgings Ltd?

M.M.Forgings Ltd has a P/E of 21.7 and a return on equity of 10.49%.