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MM Forgings Ltd.

BSE: 522241 | NSE: MMFL |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE227C01017 | SECTOR: Castings & Forgings

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Info

BSE Live

Feb 24, 16:00
390.15 -4.95 (-1.25%)
Volume
AVERAGE VOLUME
5-Day
194
10-Day
611
30-Day
357
15
  • Prev. Close

    395.10

  • Open Price

    395.00

390.00

Today’s L/H

398.00
302.00

52 Wk L/H

589.90
316.10

L/U Price Band

474.10
  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

  •  VWAP

    394.39
     Beta
    0.61
  • Market Depth (24 Feb 2020)

    BUYSELL
    QTY PRICE PRICE QTY
    1 378.00 409.00 1
    200 375.20 421.00 1
    1 366.00 429.00 2
    2 358.00 439.00 150
    500 340.00 469.00 250
    0 Total Total 0
     Market Depth
    BUY 0
    SELL 0
    0%
    0%

NSE Live

Feb 25, 15:40
397.00 3.30 (0.84%)
Volume
AVERAGE VOLUME
5-Day
3,265
10-Day
4,319
30-Day
4,500
1,319
  • Prev. Close

    393.70

  • Open Price

    386.10

386.10

Today’s L/H

400.35
308.45

52 Wk L/H

586.70
315.00

L/U Price Band

472.40
  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

  •  VWAP

    395.09
     Beta
    0.71
  • DELIVERY AVERAGES
    3-Day
    56.13%
    5-Day
    54.19%
    8-Day
    58.59%
    Deliverables
  • SMA
    30
    422.66
    50
    401.91
    150
    385.94
    200
    414.52
    SMA
    422.66

Charts

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

TECHNICAL ANALYSIS

TECHNICAL RATING
Very Bearish
Moving Averages Bearish
Technical Indicators Bearish
Moving Averages Crossovers Neutral
Pivot levels
Type R1 R2 R3 PP S1 S2 S3
Classic 400.60 407.50 416.00 392.10 385.20 376.70 369.80
Fibonacci 397.98 401.62 407.50 392.10 386.22 382.58 376.70
Camarilla 395.11 396.52 397.94 392.10 392.29 390.88 389.46

Note : Support and Resistance level for the day, calculated based on price range of the previous trading day.

SIMPLE MOVING AVERAGES
Days NSE
5 395.86
10 405.49
20 422.44
50 401.91
100 389.59
200 414.52
Pivot levels

Note : Support and Resistance level for the day, calculated based on price range of the previous trading day.

Pivot levels
Type R1 R2 R3 PP S1 S2 S3
Classic 410.70 424.45 439.80 395.35 381.60 366.25 352.50
Fibonacci 406.47 413.33 424.45 395.35 384.23 377.37 366.25
Camarilla 399.62 402.28 404.95 395.35 394.28 391.62 388.95

Note : Support and Resistance level for the week, calculated based on price range of the previous trading week.

SIMPLE MOVING AVERAGES
Pivot levels

Note : Support and Resistance level for the week, calculated based on price range of the previous trading week.

Pivot levels
Type R1 R2 R3 PP S1 S2 S3
Classic 503.13 538.47 606.83 434.77 399.43 331.07 295.73
Fibonacci 474.38 498.85 538.47 434.77 395.15 370.68 331.07
Camarilla 477.31 486.81 496.32 434.77 458.29 448.79 439.28

Note : Support and Resistance level for the month, calculated based on price range of the previous trading month.

SIMPLE MOVING AVERAGES
Pivot levels

Note : Support and Resistance level for the month, calculated based on price range of the previous trading month.

Valuation

    • Market Cap (Rs Cr.)
      941.85
    • P/E
      16.75
    • Book Value (Rs)
      180.71
    • Dividend (%)
      50.00
    • Market Lot
      1
    • Industry P/E
      23.01
    • EPS (TTM)
      23.7
    • P/C
      8.59
    • Price/Book
      2.16
    • Dividend Yield.(%)
      1.28
    • Face Value (RS)
      10.00
    • Deliverables (%)
      DELIVERY AVERAGES (%)
      3-Day
      56.13
      5-Day
      54.19
      8-Day
      58.59
      82.98

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

    • Market Cap (Rs Cr.)
      941.85
    • P/E
      17.42
    • Book Value (Rs)
      176.99
    • Dividend (%)
      50.00
    • Market Lot
      1
    • Industry P/E
      23.01
    • EPS (TTM)
      22.79
    • P/C
      8.33
    • Price/Book
      2.20
    • Dividend Yield.(%)
      1.28
    • Face Value (RS)
      10.00
    • Deliverables (%)
      DELIVERY AVERAGES (%)
      3-Day
      56.13
      5-Day
      54.19
      8-Day
      58.59
      82.98

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

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Action in MM Forgings Ltd.

  • Technicals

    MM Forgings closes below 50-Day Moving Average of 399.63 today.

    Feb 21

  • Technicals

    MM Forgings closes below 50-Day Moving Average of 399.63 today.

    Feb 20

  • Technicals

    MM Forgings closes above 50-Day Moving Average of 398.31 today.

    Feb 19

  • Technicals

    MM Forgings closes below 30-Day,200-Day Moving Average today.

    Feb 13

  • Technicals

    MM Forgings closes above 200-Day Moving Average of 428.25 today.

    Jan 28

  • Technicals

    MM Forgings closes above 150-Day Moving Average of 400.49 today.

    Jan 13

  • Technicals

    MM Forgings closes above 50-Day Moving Average of 371.23 today.

    Dec 27

  • Technicals

    MM Forgings closes above 30-Day Moving Average of 356.87 today.

    Dec 26

  • 52 Week Low

    MM Forgings has hit 52wk low of Rs 325.75 on NSE

    Dec 10, 12:36

  • Technicals

    MM Forgings closes above 30-Day Moving Average of 398.42 today.

    Nov 12

  • Technicals

    MM Forgings closes above 30-Day Moving Average of 398.42 today.

    Nov 11

  • 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

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

BSE - No shares traded

NSE

Feb 25, 09:15
392.50 -1.20 (-0.30%)
High 392.50
Low 0.00
Prev. Close 393.70

Financials

Income Statement

  Dec 2019 Sep 2019 Jun 2019 Mar 2019 Dec 2018
Net Sales 174.75 171.99 207.80 233.09 241.83
Other Income 5.03 4.71 3.14 4.59 6.14
PBDIT 29.83 32.56 40.45 43.29 46.34
Net Profit 11.25 12.15 16.30 17.52 23.99
  Dec 2019 Sep 2019 Jun 2019 Mar 2019 Dec 2018
Net Sales 186.74 181.47 217.35 241.92 263.20
Other Income 5.03 4.71 3.14 4.60 6.14
PBDIT 31.74 34.17 42.26 44.66 51.38
Net Profit 11.32 12.19 15.36 16.16 22.81

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 512.50 395.00
-22.93
High Price 540.00 398.00
-26.3
Low Price 512.50 390.00
-23.9
Close Price 534.75 395.10
-26.12
Volume 656 15
-97.71
On
Current Price %Gain / Loss
Open Price 521.00 386.10
-25.89
High Price 537.90 400.35
-25.57
Low Price 511.05 386.10
-24.45
Close Price 522.65 393.70
-24.67
Volume 4,849 1,319
-72.8
Click Here to view the Open, High, Low, Close, Volume and Historic data for
Index Price Change %Chg
NIFTY 50 11797.90 -31.50 -0.27
SENSEX 40281.20 -82.03 -0.20
NIFTY BANK 30432.70 -22.40 -0.07
NIFTY IT 16562.50 100.70 0.61
S&P BSE Smallcap 14448.01 -65.14 -0.45
Index Price Change %Chg
Nasdaq (Feb 26) 8,965.61 -255.67 -2.77
DAX (Feb 25) 12,790.49 -244.75 -1.88
CAC (Feb 25) 5,679.68 -112.19 -1.94
FTSE (Feb 25) 7,017.88 -138.95 -1.94
SGX Nifty (Feb 26) 11,637.50 -180.50 -1.53

CORPORATE ACTION

Date Agenda
Feb 13, 2020 Quarterly Results
Nov 09, 2019 Quarterly Results
Nov 07, 2019 Quarterly Results
Aug 02, 2019 Quarterly Results
May 28, 2019 Audited Results & Interim Dividend
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 March 2019 MM Forgings has declared an equity dividend of 50.00% amounting to Rs 5 per share. At the current share price of Rs 397.00 this results in a dividend yield of 1.26%.

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 390.15 0.00 589.90 302.00 941.85 903.92 81.35
Mahindra CIE 144.00 -3.61 255.00 135.55 5457.75 2,529.33 35.52
RamkrishnaForge 330.20 0.20 550.00 258.30 1078.2 1,806.69 119.31
Steelcast 110.00 0.00 181.00 102.65 222.64 317.92 24.98
PTC Industries 367.50 -0.68 493.90 295.00 192.54 151.25 10.92

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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