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MM Forgings Limited
Share Price Target & Analysis

NSE:MMFL

341.99

VWAP

345.3

Open

343.85

Close

345.55

High

337.55

Low

729.8

52 Week High

342.25 ⇩
-1.60 (-0.47%)

MMFL

(INDUSTRIAL MANUFACTURING)
9.2% Momentum

Watch Carefully

303

52 Week Low

28.72

EPS

35.27

PE

1.87

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 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 342.25, this results in a dividend yield of 1.75 %.

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 May 01, 2025 is 1.87.

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 43.91% is very crucial parameter which shows that 43.91% investors are anticipating that the price of MMFL share should go up with VWAP at 341.99.

Now, the main question is whether to BUY or SELL, NSE:MMFL at current valuation.
As per latest Analysis No. #969:-

⇑ 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 (May 01, 2025)

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

MM Forgings Limited share price moved Down by -0.47% from its previous close of Rs 343.85. MMFL stock last traded price is 342.25. MMFL share price trend is Down with a total of 22029 stocks traded till now. It has touched an intraday high of Rs 345.55 and an intraday low of Rs 337.55. The MMFL trading at 342.25, Down by Rs. -1.60, or -0.47 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 -0.47%. MMFL share price short term trend is Down. It suggests that MMFL Share Price for Tomorrow remains the same with VWAP at 341.99 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

 342.25

MMFL Share Price Target Prediction for 2025 ^

 317.7 - 549.1

MMFL Share Price Target Prediction for 2026*^

 549.1 - 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

MMFL Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
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

MMFL Trend Oscillators

BUY (1) NEUTRAL (0) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 389.51 Downtrend
MACD -2.41 SELL
ADX 36.47 Strong Trend
DMI (+/-) 7.61 / 31.65 Downtrend

MMFL Momentum Oscillators

BUY (0) NEUTRAL (5) SELL (7)
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

MMFL Last 1 Year Trend

Duration Value
1 Year -29.68%
3 Months -26.47%
1 Month -17.42%
1 Week -9.9%

MMFL Technical Analysis Summary

Updated on 2025-02-24
Action Overall (%)
BUY 3%
NEUTRAL / HOLD 17%
SELL 80%

Most popular Questions & Answers about MMFL


MM Forgings Limited stock last traded price is 342.25. MMFL share price moved Down by -0.47% from its previous close of Rs 343.85.

MM Forgings Limited share price trend is Down with a total of 22029 stocks traded till now. It has touched an intraday high of Rs 737.098 and an intraday low of Rs 337.55. The MMFL trading at 342.25, Down by Rs. -1.60, or -0.47 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 341.99.

The market cap of MM Forgings Limited is ₹1612.1 (in Cr) as of Apr 30, 2025.

The current price to earning ratio for MM Forgings Limited as of Apr 30, 2025 is 35.27.

The current price to book ratio for MM Forgings Limited as of Apr 30, 2025 is 1.87.

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 ₹303 in the last 52-week.

MM Forgings Limited share trading at ₹342.25, Down by Rs. -1.60, or -0.47 percent which suggests that most of the traders are anticipating that the price of MMFL share should go Down.

In 2023, Stock price target for MM Forgings Limited (MMFL) are ₹317.7 on downside and ₹549.1 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 ₹549.1 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 -0.47%. 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 341.99 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 342.25 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 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 May 01, 2025 is 1.87.


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 862.80 31.69 141.6
BHARATFORG 1104.20 28.58 184.63
SGIL 492.55 10.49 59.59
AIAENG 3193.90 112.98 659.49
RKFORGE 595.15 24.48 161.23
JAYNECOIND 41.09 1.16 22.61
ELECTCAST 96.63 11.97 85.58
MMFL 342.25 28.72 183.4
ALICON 672.25 25.51 335.9
NELCAST 86.88 3.31 61.29
Updated at: 30 Apr 2025 15:59

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