MM Forgings Ltd. Share Price

Overview

MM Forgings Ltd. share price is currently ₹487.97, up by ₹8.70 (1.82%) from its previous closing price of ₹479.27. The share price has declined -18.85% over the past month and gained 64.63% over the past year. The stock's 52-week low and high are ₹289.41 and ₹683.22, respectively. MM Forgings Ltd. has a market capitalisation of ₹ 2,550.00 Cr. The share price was last updated on 22 Oct 2026, 03:29 PM IST.

MM Forgings Ltd.
MM Forgings Ltd.
MMFL
 ₹0.00
 ₹8.70
1.82%
Automobile & Ancillaries
 ₹0.00(%)1D

Updated: 22 Oct 2026, 03:29:55 pm IST

Market Data

Open Price

 ₹478.07

Prev. Close

 ₹479.27
 ₹471.10

Day Low

 ₹490.70

Day High

 ₹289.41

52 Week Low

 ₹683.22

52 Week High

Automobile & AncillariesForgings
CategorySmall Cap

Fundamentals

Quick Bite

Price To Earnings Ratio

13.91

Sector PE

18.82

PB Ratio

2.42

Sector PB

4.56

EPS

35.08

Dividend Yield

1.08

Today's Volume

55.917 K

5 Day Avg. Volume

74.301 K

PEG Ratio

-0.70

Market Cap.

₹ 2,550.00 Cr.

StockGro Trade views

Technical Analysis

Forecasts 🧭

Financials

Corporate Actions

ActionsEx-DateRecord-Date
DividendsInterim Dividend of 40% at ₹4/Share
12-Jun-202612-Jun-2026
DividendsFinal Dividend of 40% at ₹4/Share
30-Jul-202530-Jul-2025

Mutual Fund Ownership

Mutual Fund Holder
Aug 26
Shares held
Sep 26
Shares held
HDFC Aggressive Hybrid Fund - Growth18.04 Lac
18.04 Lac
no change
Tata Small Cap Fund - Regular Plan - Growth15.76 Lac
15.76 Lac
no change
Quantum Flexi Cap Fund - Regular Plan - Growth-
19.30 k
(100%)
ICICI Prudential Exports and Services Fund - Growth1.01 Lac
-
(100%)

About MM Forgings Ltd. 👋

MM Forgings Limited is engaged in the manufacture of steel forgings. The Company's product categories include Passenger Cars, Commercial Vehicles, Agricultural, Off-Highway, and High Pressure Values. The Passenger Cars category includes products, such as sprocket, flange housing, connecting rod, rail forging, hub, and knuckle. The Commercial Vehicles category includes products, such as front axle beam, universal joint cross, steering arm, planetary wheel carrier, pivot arm, upper arm shaft, shifter fork, and rear axle spindle. The Agricultural category includes products such as yoke shaft, double yoke, crankshaft-single-cylinder, crankshaft-three-cylinder, crankshaft-six-cylinder, and crankshaft-two-cylinder. The Off Highway category includes products, such as link, lever, fit yoke, and yoke. The High Pressure Values category includes products, such as the body and bonnet. The Company has its machining plant in Kursi Road, Barabanki, situated in the state of Uttar Pradesh.

Expert Opinions

Insights from SEBI-registered analysts · updated live

Explore all →
CA Sumit Mangla

CA Sumit Mangla

3 Sep • 5:36 PM · SEBI-Registered Analyst

Balu Forge Adds 18,000 Tonnes Ring Rolling Capacity

BALUFORGE
has acquired a large ring rolling production line, adding approximately 18,000 tonnes of specialised heavy ring rolling capacity. The strategic acquisition will enable the company to expand into high-growth heavy engineering sectors, including defence, aerospace and other precision applications. The new capability strengthens Balu Forge’s forging portfolio and supports its focus on higher-value, complex components. Production trials for the ring rolling line are expected in the near term at the company’s manufacturing campus. This capacity addition marks an important step in Balu Forge’s ongoing expansion into specialised heavy engineering markets and enhances its ability to serve demanding domestic and global customers. **Top stocks in the forgings & heavy engineering industry:** Bharat Forge, Ramkrishna Forgings, and MM Forgings.

See More
AASHISH RA

AASHISH RA

9 Aug • 11:05 PM · SEBI-Registered Analyst

M.M. Forgings Ltd. – SWOT Analysis

MMFL
Strengths Established forging expertise: The company has been in the forging business since 1974, giving it decades of manufacturing and process experience. Strong OEM relationships: MM Forgings supplies major OEMs and Tier-1 companies globally. High-quality manufacturing: All facilities are certified to IATF 16949 and ISO 9001, important for automotive customers. Diversified product portfolio: Products include crankshafts, axle components, hubs, knuckles, yokes, steering components, planetary carriers and high-pressure valve components. Weaknesses Automotive dependence: A significant portion of demand remains linked to global automobile and commercial-vehicle production. Cyclical business: Forging volumes and margins can weaken during automotive and industrial downturns. Steel-intensive operations: Steel and energy costs have a direct impact on manufacturing Smaller scale compared with large global automotive-component suppliers. Opportunities Global outsourcing: Global OEMs increasingly outsource specialised components to cost-efficient suppliers, creating opportunities for Indian forging manufacturers. Export expansion: North American and European OEM markets provide opportunities for higher-value forged and machined components. Non-automotive diversification: Oil & gas valves, agriculture, off-highway and engineering components can reduce automotive concentration. Threats Global auto slowdown: Weak commercial-vehicle or passenger-vehicle demand can reduce orders. EV disruption: Faster-than-expected EV adoption could reduce demand for certain traditional powertrain components. Steel-price volatility: Rising steel and energy prices can pressure margins.

See More
DHARMESH BHATT             R A

DHARMESH BHATT R A

21 Jul • 5:10 PM · SEBI-Registered Analyst

MMFORGING (555.50)

VIEW: STOCK IHS GIVEN POSITIVE PRICE BREAK OUT WITH FLAG PATTERN FORMATION ON DAILY CHART . RSI SHOWS STRENTH IN THE PRICE MOMENTUM. STOCK MAY MOVE TOWARDS 575 - 590

MMFL

See More
PATEL ABHIKUMAR HARESHBHAI

PATEL ABHIKUMAR HARESHBHAI

8 Jul • 2:52 PM · SEBI-Registered Analyst

Daily Index View : SENSEX as on 08/07/2026

1. Market Trend PROBABILITY 🚨 Current Market Trend: Positive 🚀 -5% 🔍 Key Level to Watch: 77810 🔄 Current Market Surface: The trend will stay Positive until the market stay above 77810 That’s 370 points away from the last day Closing Price of 78181 ATR 1164 2. Demand & Supply PROBABILITY Force is Demand & Supply is High -15% Last 3 days market has been flatish on downside compared to ATR, so supply has very strong firepower — it just needs sentiment support 07 Jul 2026 FII Cash-net (Buy/sell) DII Cash- net (BUY/SELL) +393.19 -383 3. Reflexivity PROBABILITY First Half is Mildly Supportive to Bearish Momentum for at least first half -5% Last day market fell Intraday around 25–50% of the 8-day average ATR, so downside momentum should remain intact in the first half 4. Social Proof (Global) PROBABILITY Dow Jones (Last day close) 48185 Up/Donw by -179 -44% Dow jones future (live) 52,512 Up/Donw by -685 Hang seng (Live) 23497 Up/Donw by 703 Nikki 225 (Live) 66819 Up/Donw by -1,438 Sentiments: Dow Jones Futures is Trading Extremely Negative & HANG SENG Index is trading Extremely positive Today, global markets are neutral to slightly positive, and the Indian market has no strong directional bias Top stock to watchout

MMFL

See More
Priyam Mehta

Priyam Mehta

25 Mar • 8:55 AM · SEBI-Registered Analyst

INFY
MM Forgings The company will consider a fundraising proposal in its upcoming board meeting. Details on mode and size of fundraising are awaited. V2 Retail The stock will trade ex-date for its stock split from Rs 10 face value to Rs 1. The move is aimed at improving liquidity and retail participation. Healthcare Global Enterprises The rights issue will close today. Eligible shareholders can buy 1 share for every 17 shares held at Rs 512 per share. Hindustan Oil Exploration Company CFO N. Sivalai Senthilnathan has resigned due to personal reasons. Allen Joseph Andrade will take over as CFO from 1 April.

See More
TrueNorth Capital

TrueNorth Capital

18 Mar • 8:46 AM · SEBI-Registered Analyst

- Indian Auto Ancillaries Gain Global Traction

Financial stress and capacity shortages among Western auto component suppliers are creating a window of opportunity for Indian manufacturers. Despite higher US tariffs, Indian players retain a 20–30% cost advantage, enabling them to secure new orders from automakers in North America and Europe. With commercial vehicle demand improving in Western markets, Indian suppliers are increasingly being tapped as reliable alternatives. Global Context - US tariffs on auto parts imports from India rose to ~25% in March 2025, from ~2% earlier. - European suppliers face labour shortages, rising energy costs, and financial stress, prompting OEMs to diversify sourcing. - Truck makers Volvo, Paccar, and Traton raised 2026 volume guidance by 3–6%, signaling stronger demand. Indian Players Benefiting -

MMFL
(Chennai): steel forgings for commercial and passenger vehicles. -
UNIPARTS
(Noida): drive shafts and precision machine parts. -
NELCAST
(Chennai): powertrain, braking, suspension, and chassis components. - Larger players like
SONACOMS
(Sona Comstar) and Samvardhana Motherson also highlighted as beneficiaries of EU supplier stress. Competitive Advantage - Indian suppliers offer 20–30% cost benefits in North America despite tariffs. - EU OEMs aggressively seeking alternative sourcing; India preferred over China due to geopolitical considerations. - Strong export base: - FY25 exports: $7.35 billion to North America, $6.75 billion to Europe (ACMA data). - Executives highlight urgency among Western OEMs to secure reliable suppliers. Indian auto component makers are positioned to capture incremental global share as Western OEMs redraw supply chains. While tariffs remain a challenge, India’s structural cost advantage, diversified capabilities, and proven reliability provide a strong foundation for sustained export growth.

See More

Frequently Asked Questions

What is the share price of MM Forgings Ltd.?

What is the market cap of MM Forgings Ltd.?

Should I buy MM Forgings Ltd. stock now?

What is the 52 week high and low of MM Forgings Ltd.?

Is the MM Forgings Ltd. stock good to buy?

Is MM Forgings Ltd. a good buy for the long term?

Is MM Forgings Ltd. overvalued or undervalued?

What is the PE and PB ratio of MM Forgings Ltd.?

Start Now