SSelectStock

MMFLMM Forgings Limited

Capital Goods · Metal Fabrication · NSE · as of 2026-10-26 (delayed ~30 min in market hours)

M M Forgings Limited, together with its subsidiaries, manufactures and sells steel forgings in India. The company offers sprocket, flange housing, connecting rod, rail forging, hub, knuckle, front axle beam, universal joint cross, steering and pivot arm, planetary wheel carrier, upper arm shaft, shifter fork, and rear axle spindle. It also provides yoke shaft, double yoke, crankshaft, link, yoke, fit yoke, lever, and high pressure valves body and bonnet. The company's products are used for passenger cars, commercial vehicles, off highway vehicles, value/oilfield, agriculture, and engineering components. The company was formerly known as The Madras Motors Ltd and changed its name to M M Forgings Limited in 1993. M M Forgings Limited was founded in 1945 and is based in Chennai, India.

₹486.05
▲ 1.31%
42Weak

Mkt Cap
₹2,338 Cr
P/E
23.8
P/B
2.6
Div Yield
0.68%
52W High
₹687.95
52W Low
₹292.55

Price & Volume

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Key Ratios

Market Cap (₹ cr)2,337.80
P/E23.78
P/B2.56
PEG0.88
ROE %10.56
ROCE %8.60
Debt / Equity1.27
EPS20.44
Revenue Growth %15.90
Profit Growth %30.40
Dividend Yield %0.68
Promoter Holding %60.94
FII Holding %7.72
DII Holding %—
Beta0.82

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

None of the 16 pattern scanners currently detects a setup on MMFL — signals appear here automatically when one forms (checked on every data refresh). The Trade Plan on the right always provides stop-loss and target levels regardless.

HOLDConviction 59%

The picture

  • • Profit growth: 30.4% YoY
  • • Promoter holding: 60.9%
  • • Valuation vs sector: P/E 23.8 vs sector 29.8
  • • Golden cross setup: SMA50 above SMA200
  • • Trend strength (ADX): 36
  • • 6-month vs NIFTY: +5.9% relative

Bull case

  • • Profit growth: 30.4% YoY
  • • Promoter holding: 60.9%
  • • Valuation vs sector: P/E 23.8 vs sector 29.8
  • • Golden cross setup: SMA50 above SMA200

Bear case

  • • ROE: 10.6%
  • • ROCE: 8.6%
  • • RSI: 28
  • • MACD: bearish

Key risks

  • • Momentum is fading versus the broader market
  • • ROE: 10.6%
  • • ROCE: 8.6%

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹486.05
Stop Loss
₹455.65
risk 6.3%
Target 1 (1.5R)
₹531.65
+9.4%
Target 2 (3R)
₹577.26
+18.8%
Support (20d)
₹460.25
Resistance (52w)
₹687.95
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹30.40/share
ATR (volatility)
₹24.29
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹24.29). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental66
Technical28
Momentum16
Risk (safety)62

Peers — Capital Goods

SBC▲ 4.36%
74
OMFREIGHT▲ 0.13%
72
SEJALLTD▲ 4.54%
71
PRADPME▲ 3.83%
70
SPECTRUM▲ 0.39%
70
SHREEJISPG▲ 4.49%
69