MM Forgings Limited
Share Price Target & Analysis

NSE:MMFL

641.47

VWAP

627.85

Open

625.8

Close

654.8

High

624.1

Low

687.95

52 Week High

641.70 ⇧
15.90 (2.54%)

MMFL

(INDUSTRIAL MANUFACTURING)
88.4% Momentum

Trending & Favourite

288.1

52 Week Low

37.94

EPS

71.37

PE

2.76

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 641.70, this results in a dividend yield of 0.94 %.

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 37.94. NSE:MMFL book value per share as of today is 232.54. The current price to book ratio for MMFL as of Aug 30, 2026 is 2.76.

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 46.16% is very crucial parameter which shows that 46.16% investors are anticipating that the price of MMFL share should go up with VWAP at 641.47.

Now, the main question is whether to BUY or SELL, NSE:MMFL at current valuation.
As per latest Analysis No. #1733:-

⇑ 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 (Aug 30, 2026)

(MM Forgings Limited Daily Analysis on the basis of MMFL Intraday Graph & Trend)

MM Forgings Limited share price moved Up by 2.54% from its previous close of Rs 625.8. MMFL stock last traded price is 641.70. MMFL share price trend is Up with a total of 173695 stocks traded till now. It has touched an intraday high of Rs 654.8 and an intraday low of Rs 624.1. The MMFL trading at 641.70, Up by Rs. 15.90, or 2.54 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 2.54%. MMFL share price short term trend is Up. It suggests that MMFL Share Price for Tomorrow remains the same with VWAP at 641.47 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

 641.70

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: @652.6

MMFL Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 652.37 BUY 646.62 BUY
MA_12 631.9 BUY 626.89 BUY
MA_20 603.27 BUY 609.2 BUY
MA_32 571.76 BUY 580.53 BUY
MA_50 537.98 BUY 557.12 BUY
MA_100 506.9 BUY 520.47 BUY
MA_200 444.44 BUY 469.18 BUY

MMFL Trend Oscillators

BUY (4) NEUTRAL (0) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 603.27 Uptrend
MACD 1.42 BUY
ADX 38.7 Strong Trend
DMI (+/-) 27.9 / 15.41 Uptrend

MMFL Momentum Oscillators

BUY (2) NEUTRAL (9) SELL (1)
Momentum Oscillators Value Action
RSI 62.57 Neutral
STOCHASTIC_K (Fast) 70.48 Neutral
STOCHASTIC_D (Slow) 72.71 Neutral
CCI 60.73 Neutral
PSAR 568 BUY
TRUE RANGE 30.8 Neutral
ATR 31.93 Neutral
WILLIAMS R -25.63 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 19.42 Oversold
STOCHASTIC RSI D 35.17 Neutral
MOMENTUM 104.65 BUY

MMFL Last 1 Year Trend

Duration Value
1 Year 118.81%
3 Months 44.06%
1 Month 19.1%
1 Week 10.66%

MMFL Technical Analysis Summary

Updated on 2026-08-21
Action Overall (%)
BUY 67%
NEUTRAL / HOLD 30%
SELL 3%

Most popular Questions & Answers about MMFL (/ FAQ MMFL)


MM Forgings Limited stock last traded price is 641.70. MMFL share price moved Up by 2.54% from its previous close of Rs 625.8.

MM Forgings Limited share price trend is Up with a total of 173695 stocks traded till now. It has touched an intraday high of Rs 694.8295 and an intraday low of Rs 624.1. The MMFL trading at 641.70, Up by Rs. 15.90, or 2.54 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 641.47.

The market cap of MM Forgings Limited is ₹1612.1 (in Cr) as of Aug 29, 2026.

The current price to earning ratio for MM Forgings Limited as of Aug 29, 2026 is 71.37.

The current price to book ratio for MM Forgings Limited as of Aug 29, 2026 is 2.76.

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 ₹641.70, Up by Rs. 15.90, or 2.54 percent which suggests that most of the traders are anticipating that the price of MMFL share should go Up.

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 2.54%. 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 641.47 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 454.9. Compared to the current market price of 641.70 INR, the MMFL stock is Overvalued by 29.1%.

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 37.94. MM Forgings Limited book value per share as of today is 232.54. The current price to book ratio for MMFL as of Aug 30, 2026 is 2.76.


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 342.30 8.96 41.38
BHARATFORG 2037.70 16.77 236.56
SGIL 607.70 0 64.97
AIAENG 4234.20 138.86 867.52
RKFORGE 751.25 6.48 183.98
JAYNECOIND 99.10 5.81 31.26
ELECTCAST 81.50 0.83 92.03
MMFL 641.70 37.94 232.54
ALICON 685.05 25.32 359.26
NELCAST 119.85 4.72 69.17
LGBFORGE 11.92 0 0.85
SINTERCOM 79.35 0.6 37.63
KALYANIFRG 761.95 34.06 274.94
HILTON 19.37 0.99 32.96
METALFORGE 4.05 0 -579.85
Updated at: 28 Aug 2026 15:59

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