MM Forgings Limited
Share Price Target & Analysis
NSE:MMFL
VWAP
Open
Close
High
Low
52 Week High
9.30 (2.75%)
MMFL
(INDUSTRIAL MANUFACTURING)Watch Carefully
52 Week Low
EPS
PE
PB
Standard
Quality
Bronze
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 Small 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 6 per share. At the current share price of MMFL at Rs 347.90, this results in a dividend yield of 1.72 %.
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 28.72. NSE:MMFL book value per share as of today is 183.4. The current price to book ratio for MMFL as of Apr 02, 2025 is 1.9.
Valuation of the Stock: The current valuation of MMFL stock is like Bronze which means currently the stock is Reasonably 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 70.9% is very crucial parameter which shows that 70.9% investors are anticipating that the price of MMFL share should go up with VWAP at 346.23.
Now, the main question is whether to BUY or SELL, NSE:MMFL at current valuation.
As per latest Analysis No. #910:-
⇑ 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 (Apr 02, 2025)
(MM Forgings Limited Daily Analysis on the basis of MMFL Intraday Graph & Trend)
MM Forgings Limited share price moved Up by 2.75% from its previous close of Rs 338.6. MMFL stock last traded price is 347.90. MMFL share price trend is Up with a total of 79670 stocks traded till now. It has touched an intraday high of Rs 350.4 and an intraday low of Rs 337.1. The MMFL trading at 347.90, Up by Rs. 9.30, or 2.75 percent which suggests that most of the Traders are anticipating that the price of MMFL share should go Up.
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 Up by 2.75%. MMFL share price short term trend is Up. It suggests that MMFL Share Price for Tomorrow remains the same with VWAP at 346.23 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 |
347.90 |
MMFL Share Price Target Prediction for 2025 ^ |
338.3 - 559.5 |
MMFL Share Price Target Prediction for 2026*^ |
559.5 - 781.3 |
MMFL Share Price Target Prediction for 2027*^ |
781.3 - 836 |
MMFL Share Price Target Prediction for 2028*^ |
878 |
MMFL Share Price Target Prediction for 2029*^ |
903 |
MMFL Share Price Target Prediction for 2030*^ |
984 |
| MMFL Current Book Value 2024 |
182.5 |
*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 2025 2026 2027 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.
MMFL Technical Analysis
Candlestick Pattern: @339.3| MA | Simple | Action S1 | Expo | Action E2 |
|---|---|---|---|---|
| MA_5 | 357.08 | SELL | 354.68 | SELL |
| MA_12 | 371.52 | SELL | 371.75 | SELL |
| MA_20 | 389.51 | SELL | 383.89 | SELL |
| MA_32 | 407.2 | SELL | 403.73 | SELL |
| MA_50 | 428.79 | SELL | 421.9 | SELL |
| MA_100 | 459.15 | SELL | 454.23 | SELL |
| MA_200 | 534.83 | SELL | 490.89 | SELL |
| Trend Oscillators | Value | Action |
|---|---|---|
| Bollinger Bands | 389.51 | Downtrend |
| MACD | -2.41 | SELL |
| ADX | 36.47 | Strong Trend |
| DMI (+/-) | 7.61 / 31.65 | Downtrend |
| Momentum Oscillators | Value | Action |
|---|---|---|
| RSI | 28.7 | Oversold |
| STOCHASTIC_K (Fast) | 10.75 | Oversold |
| STOCHASTIC_D (Slow) | 25.64 | Neutral |
| CCI | -139.12 | SELL |
| PSAR | 375 | SELL |
| TRUE RANGE | 15.9 | Neutral |
| ATR | 19.15 | Neutral |
| WILLIAMS R | -94.66 | Oversold |
| TRIX | 0 | Neutral |
| STOCHASTIC RSI K | 0 | Oversold |
| STOCHASTIC RSI D | 20.21 | Neutral |
| MOMENTUM | -71.55 | SELL |
| Duration | Value |
|---|---|
| 1 Year | -29.68% |
| 3 Months | -26.47% |
| 1 Month | -17.42% |
| 1 Week | -9.9% |
| Action | Overall (%) |
|---|---|
| BUY | 3% |
| NEUTRAL / HOLD | 17% |
| SELL | 80% |
Most popular Questions & Answers about MMFL
MM Forgings Limited stock last traded price is 347.90. MMFL share price moved Up by 2.75% from its previous close of Rs 338.6.
MM Forgings Limited share price trend is Up with a total of 79670 stocks traded till now. It has touched an intraday high of Rs 737.098 and an intraday low of Rs 337.1. The MMFL trading at 347.90, Up by Rs. 9.30, or 2.75 percent which suggests that most of the Traders are anticipating that the price of MMFL share should go Up and the Stop Loss will be around 346.23.
The market cap of MM Forgings Limited is ₹1612.1 (in Cr) as of Apr 01, 2025.
The current price to earning ratio for MM Forgings Limited as of Apr 01, 2025 is 35.65.
The current price to book ratio for MM Forgings Limited as of Apr 01, 2025 is 1.9.
The highest price of MM Forgings Limited stock is ₹729.8 in the last 52-week.
The lowest price of MM Forgings Limited stock is ₹322.7 in the last 52-week.
MM Forgings Limited share trading at ₹347.90, Up by Rs. 9.30, or 2.75 percent which suggests that most of the traders are anticipating that the price of MMFL share should go Up.
In 2023, Stock price target for MM Forgings Limited (MMFL) are ₹338.3 on downside and ₹559.5 on upside. MM Forgings Limited share price target is based on current financial year earings of the company.
In 2024, Stock price target for MM Forgings Limited (MMFL) are ₹559.5 on downside and ₹781.3 on upside. MM Forgings Limited share price target is based on forecasted future earnings of the company.
In 2025, Stock price target for MM Forgings Limited (MMFL) are ₹781.3 on downside and ₹836 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 ₹903 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 2.75%. The short-term trend for MMFL share price is Up. It implies that the share price of MMFL will stay the same tomorrow and that intraday traders should treat VWAP at 346.23 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 344.4. Compared to the current market price of 347.90 INR, the MMFL stock is Overvalued by 1%.
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 28.72. MM Forgings Limited book value per share as of today is 183.4. The current price to book ratio for MMFL as of Apr 02, 2025 is 1.9.
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 | 988.90 | 31.69 | 141.6 |
| BHARATFORG | 1148.65 | 28.58 | 184.63 |
| SGIL | 401.90 | 10.49 | 59.59 |
| AIAENG | 3268.20 | 112.98 | 659.49 |
| RKFORGE | 775.10 | 24.48 | 161.23 |
| JAYNECOIND | 32.21 | 0.13 | 22.61 |
| ELECTCAST | 99.87 | 11.97 | 85.58 |
| MMFL | 347.90 | 28.72 | 183.4 |
| ALICON | 661.65 | 25.51 | 335.9 |
| NELCAST | 88.03 | 3.31 | 61.29 |