Reuters Market Eye - MM Forgings Ltd jumps by its daily limit of 20 percent to a record high of 283.65 rupees.
Posts highest ever quarterly revenue and profit in April-June.
Improvement in export volumes and currency depreciation are the main reasons for growth, analysts say.
MM Forging trades at 8.8 times 12-month forward earnings, vs rival Bharat Forge's 23.7 times.
(Reporting by Abhishek Vishnoi)