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About Amforge Industries Ltd
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Amforge Industries Limited (AIL), which got incorporated on 21 Apr.`71 as Hakimrai Jaichand Forgings Pvt Ltd, took over the running business of the partnership firm, Hakimrai Jaichand, which was mainly engaged in the business of Steel Forgings. The name of the Company was changed to Amforge Industries Limited on December 9, 1995 and it became a public limited company on Jan. 16, 1986. Later in April 1994, Isha Steel Processors was amalgamated with Amforge Industries Ltd. AIL is the second-largest manufacturer of forgings in the country. It produces a wide range of quality steel forgings from it`s plants at Mumbai, Pune, Faridabad and Khopoli. In 1986, the Company went Public. It came out with a public issue of 14.19 lac 12.5% PCDs of Rs 100, aggregating Rs 14.19 cr, in Jul.`90. The proceeds of the issue were utilised to part-finance its Rs 25.19-cr expansion project to increase the forgings capacity to 35,000 tpa. In 1996-97. after the initial phase of stabilization, the new precision forging plant at Chakan, Pune became fully operational. This year the company has also undertook an exercise aimed at improving operational efficiency and productivity with the help of an internationally reputed consulting firm. In 2005-06, the Chakan Plant was demerged with and into Mahindra Automotive Steels Ltd. (MASL) from 01.04.2005. In Consideration of the same, the shareholders of the Company received 1 No. each of Equity Share of Rs.10/- each and 4% Redeemable Preference Share of Rs.31/- each for every equity share held in the Company. Thereafter, the Company was carrying with its manufacturing activities of steel forgings for two wheeler Crankshafts, Connecting Rods, Bevel Gears, Bridge Fork Bottoms, etc. at its Chinchwad plant (Pune) Forging Capital of India, catering to automotive industry and thereafter the Plant ceased its operation in 2008. Thereafter, Dujon Commercial Private Limited was made wholly owned subsidiary of the Company since October, 2008.
Amforge Industries share price as on 05 Dec 2025 is Rs. 8.8. Over the past 6 months, the Amforge Industries share price has increased by 1.15% and in the last one year, it has decreased by 21.99%. The 52-week low for Amforge Industries share price was Rs. 7.26 and 52-week high was Rs. 12.
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AMFORGEIND
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Sep
Amforge Industries Ltd FAQs
You can buy Amforge Industries Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Amforge Industries Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Dec 05, 2025 09:54 AM the closing price of Amforge Industries Ltd was Rs.8.80.
The latest PE ratio of Amforge Industries Ltd as of Dec 05, 2025 09:54 AM is 30.36
The latest PB ratio of Amforge Industries Ltd as of Dec 05, 2025 09:54 AM is 0.95
The 52-week high of Amforge Industries Ltd share price is Rs. 12.00 while the 52-week low is Rs. 7.26
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Dec 05, 2025 09:54 AM, the market cap of Amforge Industries Ltd stood at Rs. 12.66 Cr.
Market Outlook
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