MM Forgings Limited
Share Price Target & Analysis
NSE:MMFL
VWAP
Open
Close
High
Low
52 Week High
-19.60 (-3.71%)
MMFL
(INDUSTRIAL MANUFACTURING)Turnaround Potential
52 Week Low
EPS
PE
PB
Standard
Quality
Steel
Valuation
#Analysis
NSE: MMFL Share Price Financial Analysis & Valuation
MM Forgings Limited (MMFL) is broadly categorized in INDUSTRIAL MANUFACTURING segment industry which deals in Castings & Forgings vertical.
It is one of Micro Cap company with Market Capitalization of Rs 1612.1 (in Cr). Total number of free float shares are 2.4 (in Lacs).
MM Forgings Limited is listed on NSE with Exchange ID - INE227C01017 and trading code is NSE:MMFL with short name MM Forgings.
In the past 1 year, MM Forgings Limited has declared an equity dividend of Rs 0.79 per share. At the current share price of MMFL at Rs 508.65, this results in a dividend yield of 0.16 %.
As per the Fundamental Analysis of NSE:MMFL, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine MMFL underlying value and future prospects. All of this data is available in MMFL financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:MMFL, it is clearly understood that MMFL is Standard performer in terms of earnings and profit margins with an EPS of 42.67. NSE:MMFL book value per share as of today is 232.54. The current price to book ratio for MMFL as of Oct 21, 2026 is 2.19.
Valuation of the Stock: The current valuation of MMFL stock is like Steel which means currently the stock is Moderately Priced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of MMFL whether to BUY this stock at current valuation. The delivery percentage of MMFL is 9665% is very crucial parameter which shows that 9665% investors are anticipating that the price of MMFL share should go up with VWAP at 516.28.
Now, the main question is whether to BUY or SELL, NSE:MMFL at current valuation.
As per latest Analysis No. #1865:-
⇑ STRONG BUY MMFL if All Greens
⇗ BUY MMFL (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD MMFL (With Stop Loss) if only 1 Green
⇘ SELL MMFL if NO Green Indicator
NSE: MMFL Share Price Today (Oct 21, 2026)
(MM Forgings Limited Daily Analysis on the basis of MMFL Intraday Graph & Trend)
MM Forgings Limited share price moved Down by -3.71% from its previous close of Rs 528.25. MMFL stock last traded price is 508.65. MMFL share price trend is Down with a total of 67295 stocks traded till now. It has touched an intraday high of Rs 530 and an intraday low of Rs 502.55. The MMFL trading at 508.65, Down by Rs. -19.60, or -3.71 percent which suggests that most of the Traders are anticipating that the price of MMFL share should go Down.
NSE: MMFL Share Price Tomorrow Prediction
(MM Forgings Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of MMFL)
MM Forgings Limited share price moved Down by -3.71%. MMFL share price short term trend is Down. It suggests that MMFL Share Price for Tomorrow remains the same with VWAP at 516.28 will be treated as stop loss for intraday traders. MM Forgings Limited Long term investors can follow the MMFL long term trend as mentiond in future forecast table.
NSE Code |
NSE: MMFL |
MMFL Share Price Today |
508.65 |
MMFL Share Price Target Prediction for 2026 ^ |
469.9 - 691.4 |
MMFL Share Price Target Prediction for 2027*^ |
691.4 - 736.5 |
MMFL Share Price Target Prediction for 2028*^ |
736.5 - 788.1 |
MMFL Share Price Target Prediction for 2029*^ |
828 |
MMFL Share Price Target Prediction for 2030*^ |
851 |
MMFL Share Price Target Prediction for 2035*^ |
928 |
| MMFL Current Book Value |
231.4 |
*MM Forgings Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^MMFL share price target prediction for 2026 2027 2028 2029 2030 to 2035 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.
MMFL Technical Analysis
Candlestick Pattern: @616.95| MA | Simple | Action S1 | Expo | Action E2 |
|---|---|---|---|---|
| MA_5 | 624.56 | SELL | 623.72 | SELL |
| MA_12 | 633.86 | SELL | 629.8 | SELL |
| MA_20 | 635.67 | SELL | 625.58 | SELL |
| MA_32 | 613.45 | BUY | 608.43 | BUY |
| MA_50 | 583.27 | BUY | 587.94 | BUY |
| MA_100 | 528.05 | BUY | 549.09 | BUY |
| MA_200 | 465.81 | BUY | 488.98 | BUY |
| Trend Oscillators | Value | Action |
|---|---|---|
| Bollinger Bands | 635.67 | Downtrend |
| MACD | -7.51 | SELL |
| ADX | 25.5 | Strong Trend |
| DMI (+/-) | 21.08 / 18.77 | Uptrend |
| Momentum Oscillators | Value | Action |
|---|---|---|
| RSI | 49.78 | Neutral |
| STOCHASTIC_K (Fast) | 18.66 | Oversold |
| STOCHASTIC_D (Slow) | 11.91 | Oversold |
| CCI | -104.61 | SELL |
| PSAR | 595.7 | BUY |
| TRUE RANGE | 19.35 | BUY |
| ATR | 27.52 | BUY |
| WILLIAMS R | -81.73 | Oversold |
| TRIX | 0 | Neutral |
| STOCHASTIC RSI K | 4.42 | Oversold |
| STOCHASTIC RSI D | 1.47 | Oversold |
| MOMENTUM | -26.2 | SELL |
| Duration | Value |
|---|---|
| 1 Year | 94.47% |
| 3 Months | 36.52% |
| 1 Month | -4.07% |
| 1 Week | -4.8% |
| Action | Overall (%) |
|---|---|
| BUY | 43% |
| NEUTRAL / HOLD | 7% |
| SELL | 50% |
(powered by Zerodha)
Most popular Questions & Answers about MMFL
MM Forgings Limited Frequently Asked Questions (FAQs)MM Forgings Limited stock last traded price is 508.65. MMFL share price moved Down by -3.71% from its previous close of Rs 528.25.
MM Forgings Limited share price trend is Down with a total of 67295 stocks traded till now. It has touched an intraday high of Rs 694.8295 and an intraday low of Rs 502.55. The MMFL trading at 508.65, Down by Rs. -19.60, or -3.71 percent which suggests that most of the Traders are anticipating that the price of MMFL share should go Down and the Stop Loss will be around 516.28.
The market cap of MM Forgings Limited is ₹1612.1 (in Cr) as of Oct 20, 2026.
The current price to earning ratio for MM Forgings Limited as of Oct 20, 2026 is 13.41.
The current price to book ratio for MM Forgings Limited as of Oct 20, 2026 is 2.19.
The highest price of MM Forgings Limited stock is ₹687.95 in the last 52-week.
The lowest price of MM Forgings Limited stock is ₹288.1 in the last 52-week.
MM Forgings Limited share trading at ₹508.65, Down by Rs. -19.60, or -3.71 percent which suggests that most of the traders are anticipating that the price of MMFL share should go Down.
In 2026, Stock price target for MM Forgings Limited (MMFL) will be around ₹469.9 on downside and ₹691.4 on upside. MM Forgings Limited share price target is based on current financial year earings of the company.
In 2027, Stock price target for MM Forgings Limited (MMFL) will be around ₹691.4 on downside and ₹736.5 on upside. MM Forgings Limited share price target is based on forecasted future earnings of the company.
In 2028, Stock price target for MM Forgings Limited (MMFL) will be around ₹736.5 on downside and ₹788.1 on upside. MM Forgings Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.
In next five years, Stock price target for MM Forgings Limited (MMFL) will be around ₹851 MM Forgings Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of MMFL.
The price of MM Forgings Limited (MMFL) shares moved by -3.71%. The short-term trend for MMFL share price is Down. It implies that the share price of MMFL will stay the same tomorrow and that intraday traders should treat VWAP at 516.28 as a stop loss. Investors with a long-term outlook can track MMFL long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of MMFL stock is 511.6. Compared to the current market price of 508.65 INR, the MMFL stock is Undervalued by 0.6%.
As per the fundamental analysis of MM Forgings Limited (MMFL), it is of Standard quality in terms of earnings and profit margins with an EPS of 42.67. MM Forgings Limited book value per share as of today is 232.54. The current price to book ratio for MMFL as of Oct 21, 2026 is 2.19.
NSE:MMFL News & Other Useful Information about MMFL Share Price
Peer Comparison of NSE: MMFL
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Castings & Forgings
| Company | Price | EPS | BV |
|---|---|---|---|
| STEELCAS | 345.30 | 9.85 | 41.38 |
| BHARATFORG | 1798.60 | 26.49 | 231.48 |
| SGIL | 598.70 | 16.09 | 64.97 |
| AIAENG | 3665.20 | 148.67 | 867.52 |
| RKFORGE | 685.00 | 20.41 | 183.98 |
| JAYNECOIND | 97.98 | 7.87 | 31.26 |
| ELECTCAST | 74.61 | 4.53 | 92.03 |
| MMFL | 508.65 | 42.67 | 232.54 |
| ALICON | 850.85 | 81.82 | 359.26 |
| NELCAST | 133.79 | 8.67 | 69.17 |
| LGBFORGE | 11.92 | 0.05 | 1.12 |
| SINTERCOM | 74.50 | 3.95 | 37.63 |
| KALYANIFRG | 771.50 | 51.83 | 274.94 |
| HILTON | 16.06 | 2.21 | 32.96 |
| METALFORGE | 4.05 | -16.08 | -579.85 |
| SANGHVIFOR | 16.40 | 2.28 | -18.2 |