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MM Forgings Ltd.

BSE: 522241 | NSE: MMFL | ISIN: INE227C01017 | SECTOR: Castings & Forgings

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Info

BSE Live

Oct 22, 16:00
395.50 13.50 (3.53%)
Volume
AVERAGE VOLUME
5-Day
113
10-Day
119
30-Day
232
4
  • Prev. Close

    382.00

  • Open Price

    405.00

395.50

Today’s L/H

405.80
302.00

52 Wk L/H

666.00
305.60

L/U Price Band

458.40
  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

  •  VWAP
    401.97
  • Market Depth (22 Oct 2019)

    BUYSELL
    QTY PRICE PRICE QTY
    1 391.00 400.00 25
    1 387.00 406.00 1
    1 383.15 407.00 1
    10 383.10 409.90 20
    56 383.00 409.95 100
    0 Total Total 0
     Market Depth
    BUY 0
    SELL 0
    0%
    0%

NSE Live

Oct 22, 15:59
394.95 11.95 (3.12%)
Volume
AVERAGE VOLUME
5-Day
4,158
10-Day
3,742
30-Day
3,282
1,976
  • Prev. Close

    383.00

  • Open Price

    381.00

377.75

Today’s L/H

396.00
326.10

52 Wk L/H

664.85
306.40

L/U Price Band

459.60
  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

  • VWAP
    387.86
    Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
    Series: EQ
  • DELIVERY AVERAGES
    3-Day
    61.58%
    5-Day
    71.88%
    8-Day
    71.54%
    Deliverables
  • SMA VOLUME
    30
    394.10
    50
    378.30
    150
    465.30
    200
    485.93
    SMA
    394.10

Charts

  • Open : -
  • High : -
  • Low -
  • Close: -
  • Volume -

Valuation

    • Market Cap (Rs Cr.)
      954.77
    • P/E
      12.06
    • Book Value (Rs)
      180.71
    • Dividend (%)
      50.00
    • Market Lot
      1
    • Industry P/E
      21.25
    • EPS (TTM)
      32.76
    • P/C
      7.14
    • Price/Book
      2.19
    • Dividend Yield.(%)
      1.26
    • Face Value (RS)
      10.00
    • Deliverables (%)
      DELIVERY AVERAGES (%)
      3-Day
      61.58
      5-Day
      71.88
      8-Day
      71.54
      66.87

* Note - P.E (TTM) is displayed only when latest 4 quarter results are positive.

    • Market Cap (Rs Cr.)
      954.77
    • P/E
      12.70
    • Book Value (Rs)
      176.99
    • Dividend (%)
      50.00
    • Market Lot
      1
    • Industry P/E
      21.25
    • EPS (TTM)
      31.11
    • P/C
      7.17
    • Price/Book
      2.23
    • Dividend Yield.(%)
      1.26
    • Face Value (RS)
      10.00
    • Deliverables (%)
      DELIVERY AVERAGES (%)
      3-Day
      61.58
      5-Day
      71.88
      8-Day
      71.54
      66.87

* Note - P.E (TTM) is displayed only when latest 4 quarter results are positive.

Simple Moving Averages
DAYS BSE NSE
30 392.38 394.10
50 376.05 378.30
150 469.70 465.30
200 494.65 485.93
Click here to view the Open, High, Low, Close, Volume and Spread data.

Forum

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Action in MM Forgings Ltd.

  • Technicals

    MM Forgings closes above 30-Day Moving Average of 394.10 today.

    Oct 22

  • Technicals

    MM Forgings closes above 50-Day Moving Average of 377.43 today.

    Oct 21

  • Technicals

    MM Forgings closes above 30-Day Moving Average of 386.93 today.

    Oct 08

  • Technicals

    MM Forgings closes above 30-Day Moving Average of 386.93 today.

    Oct 07

  • Technicals

    MM Forgings closes above 50-Day Moving Average of 382.03 today.

    Sep 20

  • Technicals

    MM Forgings closes above 50-Day Moving Average of 390.43 today.

    Sep 13

  • Technicals

    MM Forgings closes above 30-Day Moving Average of 364.88 today.

    Sep 05

  • Technicals

    MM Forgings closes above 30-Day Moving Average of 366.13 today.

    Sep 02

  • Technicals

    MM Forgings closes above 30-Day Moving Average of 366.13 today.

    Aug 30

  • AGM/EGM

    MM Forgings AGM on Aug 29, 2019, Announcement date: Jun 11, 2019

    Aug 28, 11:00

  • 52 Week Low

    MM Forgings has hit 52wk low of Rs 420.30 on NSE

    Jul 17, 09:18

  • Technicals

    MM Forgings closes above 50-Day Moving Average of 536.57 today.

    Jun 17

  • Technicals

    MM Forgings closes above 50-Day Moving Average of 536.97 today.

    Jun 17

  • Technicals

    MM Forgings closes above 50-Day Moving Average of 536.85 today.

    Jun 13

  • Technicals

    MM Forgings closes below 50-Day Moving Average of 538.46 today.

    Jun 06

  • Dividend

    MM Forgings Dividend, Interim Dividend 25.00%, Announcement date: May 28, 2019, Record date: Jun 10, 2019, Ex-Div: Jun 07, 2019

    Jun 06, 11:00

  • Technicals

    MM Forgings closes above 50-Day Moving Average of 539.14 today.

    Jun 05

  • Technicals

    MM Forgings closes above 50-Day Moving Average of 539.14 today.

    Jun 04

  • Technicals

    MM Forgings closes above 30-Day Moving Average of 528.76 today.

    Jun 03

  • Technicals

    MM Forgings closes below 30-Day Moving Average of 532.59 today.

    May 29

Pre-Opening Session Prices9:00 am - 9:15 am

BSE - No shares traded

NSE

Oct 23, 09:15
383.00 0.00 (0.00%)
High 383.00
Low 0.00
Prev. Close 383.00

Financials

Income Statement

  Jun 2019 Mar 2019 Dec 2018 Sep 2018 Jun 2018
Net Sales 207.80 233.09 241.83 216.28 196.16
Other Income 3.14 4.59 6.14 3.10 2.01
PBDIT 40.45 43.29 46.34 43.40 40.21
Net Profit 16.30 17.52 23.99 21.28 18.57
  Jun 2019 Mar 2019 Dec 2018 Sep 2018 Jun 2018
Net Sales 217.35 241.92 263.20 222.79 214.65
Other Income 3.14 4.60 6.14 3.11 3.14
PBDIT 42.26 44.66 51.38 45.03 42.63
Net Profit 15.36 16.16 22.81 20.77 16.49

Balance Sheet

Standalone Mar 2019 Mar 2018
Total Share Capital 24.14 12.07
Networth 436.25 369.08
Total Debt 630.58 340.85
Net Block 588.05 365.12
Investments 4.88 4.30
Total Assets 1,066.81 709.94

Historical Prices

On
Current Price %Gain / Loss
Open Price 600.00 405.00
-32.5
High Price 609.30 405.80
-33.4
Low Price 600.00 395.50
-34.08
Close Price 600.35 382.00
-36.37
Volume 95 4
-95.79
On
Current Price %Gain / Loss
Open Price 614.90 381.00
-38.04
High Price 614.90 396.00
-35.6
Low Price 595.00 377.75
-36.51
Close Price 598.50 383.00
-36.01
Volume 4,171 1,976
-52.63
Click Here to view the Open, High, Low, Close, Volume and Historic data for
Index Price Change %Chg
NIFTY 50 11588.40 -73.50 -0.63
SENSEX 38963.84 -334.54 -0.85
NIFTY BANK 29411.15 290.90 1.00
NIFTY IT 14688.65 -721.45 -4.68
S&P BSE Smallcap 13190.37 63.54 0.48
Index Price Change %Chg
Nikkei 225 (Oct 23) 22,517.40 -31.50 -0.14
KOSPI (Oct 23) 2,084.02 -4.84 -0.23
Nasdaq (Oct 23) 8,104.30 -58.69 -0.72
FTSE (Oct 22) 7,212.49 48.85 0.68
SGX Nifty (Oct 23) 11,630.50 12.50 0.11

CORPORATE ACTION

Date Agenda
Aug 02, 2019 Quarterly Results
May 28, 2019 Audited Results & Interim Dividend
Feb 12, 2019 Quarterly Results & Interim Dividend
Nov 12, 2018 Quarterly Results
Type Dividend% Ex-Dividend date
Interim 25.00 Jun 07, 2019
Interim 25.00 Feb 22, 2019
Interim 50.00 Jun 07, 2018
Interim 50.00 Dec 05, 2017
Interim 10.00 Jun 01, 2017
Ratio Announcement Date Ex-Bonus
1:1 May 28, 2018 Jul 18, 2018
1:1 Jul 25, 2008 Sep 26, 2008
1:1 Dec 13, 2004 Feb 16, 2005
Old FV New FV Ex-Split
No Splits Information is available for MM Forgings
Ratio Premium Ex-Bonus
No Rights Information is available for MM Forgings
Date Agenda
Aug 29, 2019 (Revised)
Jul 11, 2018 -
Sep 26, 2017 -
Sep 06, 2016 -
Aug 26, 2015 -

Dividend Summary

For the year ending June 2019 MM Forgings has declared an equity dividend of 50.00% amounting to Rs 5 per share. At the current share price of Rs 394.95 this results in a dividend yield of 1.27%.

The company has a good dividend track report and has consistently declared dividends for the last 5 years.

SHARE HOLDING PATTERN & MUTUAL FUND HOLDING

Share Holding Pattern in (%)

Standalone September 2019 June 2019 December 2018 September 2018
Promoters 56.34 56.34 56.34 56.34
Pledged 0 0 0 0
FII/FPI 1.61 1.41 1.15 1.19
Total DII 24.55 24.74 24.83 23.89
Fin.Insts 0.01 0.01 0.02 0.02
Insurance Co 0 0 0 0
MF 21.32 21.41 20.91 19.5
Others DIIs 3.22 3.32 3.9 4.37
Others 17.51 17.51 17.69 18.59
Total 100.01 100 100.01 100.01

PEERS COMPARISON

Company Name Last Price % Change 52 Wk High 52 Wk Low Market Cap Sales Qtr Net Profit Qtr
MM Forgings 395.50 3.53 666.00 302.00 954.77 903.92 81.35
Bharat Forge 447.00 0.35 636.35 378.00 20811.81 6,519.99 1,071.28
AIA Engineering 1706.15 -2.29 2026.00 1480.05 16092.47 2,837.59 414.82
Mahindra CIE 152.10 2.67 272.00 135.55 5764.75 2,529.33 35.52
RamkrishnaForge 272.80 2.52 612.50 258.30 890.79 1,806.69 119.31

COMPANY OVERVIEW

M.M. Forgings Limited engages in the manufacture and sale of iron and steel forgings in India. The company offers steel forgings in raw, semi-machined, and fully machined stages in various grades of carbon, alloy, micro alloy, and stainless steels in the weight of 0.20 Kg to 60 Kg. It also manufactures closed die forgings and exports its forgings primarily to OEMs in the North American and the European markets. The company was formerly known as Madras Motors Limited and changed its name to M.M. Forgings.

COMPANY INFORMATION

  • Registered Office

  • Registrars

  • Management

    • Name

      Designation

    • N Srinivasan

      Chairman

    • Vidyashankar Krishnan

      Vice Chairman & Mng.Director

    • K Venkatramanan

      Joint Managing Director

    • Kavitha Vijay

      Director

    • V Vaidyanathan

      Director

  • Listing

    Whether The Company Forms A Part Of The Following Indices -
    • Sensex

      No

    • Nifty

      No

    • Bse-100

      No

    • Bse-200

      No

    • S&P CNX 500

      No

    • CNX Midcap

      No

About MM Forgings Ltd.

MM Forgings is in the Castings & Forgings sector.

It is listed on the BSE with a BSE Code of 522241 and the NSE with an NSE Code of MMFL.

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