M M Forgings Ltd

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NSEBSE

954.404.20 (0.44%)

10:34 AM,1st Mar 2024

947.80-11.10 (-1.16%)

10:41 AM,1st Mar 2024

BSE : 522241

NSE : MMFL

Sector : Engineering

ISIN Code : INE227C01017

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Last Updated: Mar 01 2024 | 10:41 AM IST

Market Cap (₹ Cr)

2303

Turnover (₹ Cr)

0.06

Volume (Shares)

5908

Face Value

10

52-WK High

1099.00

52-WK High Date

01 Aug 2023

52-WK Low

801.55

52-WK Low Date

21 Mar 2023

All Time High

1099.00

All Time High Date

01 Aug 2023

All Time Low

2.64

All Time Low Date

02 Feb 1998

M M Forgings Ltd

Incorporated in 1946 Madras Motors Pvt Ltd the company went public in 1975. Originally dealing in imported motorcycles it later diversified to establish steel forging plants. The company changed to its present name M M Forgings on 1 Apr.'93. It was promoted by S E Krishnan and S R Subramanian.The company manufactures carbon and alloy steel forgings -- with individual forging pieces weighing between 15 kg and 60 kg -- at its two forging units at Singampunari Madurai district and Viralimalai Trichy district (combined capacity : 15000 tpa) both in Tamilnadu. The company's products form important inputs for various critical components in the automobile tractor earth-moving power material handling oil railway and core engineering industries. The company's clientele includes Ashok Leyland BEML BHEL Audco Valves and Tractor Engineers. During 1994-95 the company has been accredited with the ISO 9002 certificate. The technical collaboration with Tokai Corporation of Japan has enabled the company to improve its quality and productivity.During 2001 the company has increased its installed capacity of steel forgings from 15000 tpa to 20000 tpa. The technology collaboration with Tokai Corporation of Japan has enabled the company to improve its quality and productivity. The company has completed 2 Wind farm in Muppandal and the same is expected to generated 6 Million KWHr of power each year. In 2002 the company has merged its wholly owned subsidiary viz Gears India Madaras LtdThe production capacity of Steel Forgings is being increased from 20000 tonnes to 26500 tonnes and this is under process at the end of the financial year 2003-04.Machining capacity has also been substantially increased in line with changing customer demand.

M M Forgings Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

2303

EPS - TTM (₹) [S]

55.88

P/E Ratio (X) [S]

3.05

Face Value (₹) 10
Latest Dividend (%)60.00
Latest Dividend Date 29 May 2023
Dividend Yield (%) 0.63
Book Value Share (₹) [S]312.94
P/B Ratio (₹) [S]3.05
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
Tata Small Cap Fund - Regular (G) 72.49 788143 1.18
Tata Small Cap Fund - Direct (IDCW) RI 72.49 788143 1.18
Tata Small Cap Fund - Regular (IDCW) RI 72.49 788143 1.18
Tata Small Cap Fund - Direct (IDCW) 72.49 788143 1.18
Tata Small Cap Fund - Direct (G) 72.49 788143 1.18
Tata Small Cap Fund - Regular (IDCW) 72.49 788143 1.18
HSBC Small Cap Fund - Direct (IDCW) 70.12 762400 0.50
HSBC Small Cap Fund - Direct (G) 70.12 762400 0.50
HSBC Small Cap Fund (G) 70.12 762400 0.50
HSBC Small Cap Fund (IDCW) 70.12 762400 0.50

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Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

948.40

957.45

Week Low/High

913.70

1000.00

Month Low/High

848.00

1019.00

Year Low/High

801.55

1099.00

All time Low/High

2.69

1099.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-1.23%-1.10%0.01-0.09%
1 Month3.97%3.78%2.102.28%
3 Month7.86%7.69%8.409.49%
6 Month2.37%2.00%11.8714.18%
1 Year11.97%11.53%23.1327.17%
3 Year103.69%103.65%46.7450.33%

Company Info

Company Information

Chairman & Independent Directo : N Srinivasan

Independent Director : V Vaidyanathan

Vice Chairman & M.D. : Vidyashankar Krishnan

Joint Managing Director : K Venkatramanan

Independent Director : A Gopalakrishnan

Independent Director : Kavitha Vijay

Director : Sumita Vidyashankar

Company Sec. & Compli. Officer : Chandrasekar. S

Independent Director : Shankar Athreya

Independent Director : Hari Sankaran

Registered Office: SVK Tower A/24/25 Guindy, Thiru Vi Ka Industrial Estate,Chennai,Tamil Nadu-600032 Ph: 91-44-71601000

Email:mmforge@mmforgings.com

URL:http://www.mmforgings.com