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Company details

827.25
870.00
646.00
988.00
6M Return 20.39%
1Y Return 22.29%
Mkt Cap.(Cr) 2,100.27
Volume 1,774
Div Yield 0.71%
OI
-
OI Chg %
-
Volume 1,774

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SWOT

  • swot

  • technicals

  • deals

  • shareholding


EMA SMA

Delivery and volume

Our Research View

Trading recommendation

Data not found

Investment recommendation

Call Date

07 Jun 2022

Entry Price

890.00

Target Price

1,250.00

Duration

12-18 Month

Financials

  • Profit and loss statement

  • Balance sheet

  • Quarterly Result

  • Ratio

Sales(Cr.)

Operating Profit(Cr.)

Profit after Tax(Cr.)

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after tax

PE

Debt/Equity

P BV

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 559.55 Cr FV: 10.00
Period MF Net Purchase / (sold) FII Net
LAST 1M 18,658.80 -44,480.27
LAST 3M 70,889.04 -85,599.64
LAST 6M 138,573.25 -221,926.67
LAST 12M 230,551.63 -248,467.70
  • Announcement
  • Corporate action
  • No Data Found

Date Action Type Ratio
Jun 06, 2022 Dividend 60
Jul 01, 2021 Dividend 50
Mar 19, 2020 Dividend 50

Information

  • About Company
  • Company Info
  • Listing Info
22.59
56.34%
231.7856
14.05%
16.65%
Description
  • Incorporated in 1946 Madras Motors Pvt Ltd, the company went public in 1975. Originally dealing in imported motorcycles, it later diversified to establish steel forging plants. The company changed to its present name, M M Forgings on 1 Apr.`93. It was promoted by S E Krishnan and S R Subramanian. The company manufactures carbon and alloy steel forgings -- with individual forging pieces weighing between 15 kg and 60 kg -- at its two forging units at Singampunari, Madurai district, and Viralimalai, Trichy district, (combined capacity : 15,000 tpa) both in Tamilnadu. The company`s products form important inputs for various critical components in the automobile, tractor, earth-moving, power, material handling, oil, railway and core engineering industries. The company`s clientele includes Ashok Leyland, BEML, BHEL, Audco Valves and Tractor Engineers. During 1994-95, the company has been accredited with the ISO 9002 certificate. The technical collaboration with Tokai Corporation of Japan has enabled the company to improve its quality and productivity. During 2001, the company has increased its installed capacity of steel forgings from 15000 tpa to 20000 tpa. The technology collaboration with Tokai Corporation of Japan has enabled the company to improve its quality and productivity. The company has completed 2 Wind farm in Muppandal and the same is expected to generated 6 Million KWHr of power each year. In 2002 the company has merged its wholly owned subsidiary viz Gears India Madaras Ltd, The production capacity of Steel Forgings is being increased from 20000 tonnes to 26500 tonnes and this is under process at the end of the financial year 2003-04.Machining capacity has also been substantially increased in line with changing customer demand.

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Registered Address

SVK Tower A/24/25 Guindy, Thiru Vi Ka Industrial Estate, Chennai, Tamil Nadu, 600032

Tel : 91-44-71601000
Email : mmforge:mmforgings.com
Website : http://www.mmforgings.com

Registrar

Cameo Corporate Services Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 522241
NSE Code : MMFL
Book Closure Date (Month) : Sep
BSE Group : B
ISIN : INE227C01017

ICICIdirect M M Forgings Ltd FAQ

You can buy M M Forgings Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy M M Forgings Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jul 04, 2022 04:01 PM the closing price of M M Forgings Ltd was ₹ 870.00.
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 Jul 04, 2022 04:01 PM, the market cap of M M Forgings Ltd stood at ₹ 2,100.27.
The latest PE ratio of M M Forgings Ltd as of Jul 04, 2022 04:01 PM is 22.59
The latest PB ratio of M M Forgings Ltd as of Jul 04, 2022 04:01 PM is 0.28
The 52-week high of M M Forgings Ltd is ₹ 988.00 while the 52-week low is ₹ 646.00 .
According to analyst recommendations, M M Forgings Ltd has a “Buy” rating for the long term.

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