M M Forgings (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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M M Forgings Limited |
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Price: ₹481.95 | ||
| 52 Week Low: ₹429.40 52 Week High: ₹1,352.00 |
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| Market Capital: 2,123.9 Crore (Smallcap) | |||
| Industrials -> Metal Fabrication | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: M M Forgings Share Price Target For 2024
- 1.1.1: M M Forgings Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: M M Forgings Share Price Target For 2025
- 1.2.1: M M Forgings Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: M M Forgings Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: M M Forgings Brief Company Overview
- 4: M M Forgings Financial Performance
- 4.0.1: Is M M Forgings A Good Buy For Long Term?
To predict the M M Forgings's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
M M Forgings Share Price Target For 2024
The line chart displays the monthly closing prices of M M Forgings with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for M M Forgings shares in 2024, see the table below.
M M Forgings Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 509.5 (+5.71%) | Price Action: 28 Oct 2024 High |
| 2024 Target 2 | 503.94 (+4.55%) | Price Action: Jan 2024 High |
| 2024 Target 1 | 498.95 (+3.52%) | Price Action: 01 Nov 2024 High |
| Current Price | 481.95 | M M Forgings's share price as of 23 Dec 2024 |
| Stop Loss 1 | 473.14 (-1.83%) | Price Action: 08 Nov 2024 Low |
| Stop Loss 2 | 468.0 (-2.9%) | Price Action: 12 Nov 2024 High |
| Stop Loss 3 | 462.25 (-4.09%) | Price Action: 11 Nov 2024 Low |
Short-Term Technical Outlook
Current Technical Position: M M Forgings is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 50-day moving average at ₹506.43 serves as the nearest technical reference point.
Historical Returns: 3-month: -19.48% | 6-month: -21.44% | 1-year: +0.5%
M M Forgings Share Price Target For 2025
The line chart displays the monthly closing prices of M M Forgings with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for M M Forgings shares in 2025, see the table below.
M M Forgings Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 703.96 (+46.06%) | Price Action: Chart |
| 2025 Target 2 | 690.83 (+43.34%) | Price Action: Chart |
| 2025 Target 1 | 683.99 (+41.92%) | Fibonacci Extension Level 64.90% |
| Current Price | 481.95 | M M Forgings's share price as of 23 Dec 2024 |
| Stop Loss 1 | 433.57 (-10.03%) | Price Action: Jan 2023 High |
| Stop Loss 2 | 429.06 (-10.98%) | Price Action: Apr 2023 High |
| Stop Loss 3 | 424.67 (-11.89%) | Price Action: Nov 2023 Low |
Long-Term Technical Outlook
52-Week Range Analysis: M M Forgings is currently trading near its 52-week low of ₹429.4, indicating potential value opportunity.
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: +0.5% | 3-year: +35.92% | 5-year: +165.06%
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Approach 2: Machine Learning By Studying Historical Prices
M M Forgings Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹481.95 | ||
| 2024 | ₹464.35 | -3.65% | ₹492.04 |
| 2025 | ₹645.33 | +38.97% | ₹660.59 |
| 2026 | ₹460.51 | -28.63% | ₹636.15 |
| 2027 | ₹958.16 | +108.06% | ₹972.53 |
| 2028 | ₹894.11 | -6.68% | ₹946.55 |
| 2029 | ₹888.60 | -0.61% | ₹930.44 |
| 2030 | ₹891.15 | +0.28% | ₹904.52 |
| 2031 | ₹764.71 | -14.18% | ₹875.01 |
| 2032 | ₹847.30 | +10.8% | ₹863.45 |
| 2033 | ₹788.20 | -6.97% | ₹835.75 |
| 2034 | ₹780.80 | -0.93% | ₹819.58 |
| 2035 | ₹780.35 | -0.05% | ₹792.06 |
| 2036 | ₹667.20 | -14.49% | ₹764.15 |
| 2037 | ₹736.44 | +10.37% | ₹752.65 |
| 2038 | ₹682.30 | -7.35% | ₹724.95 |
| 2039 | ₹708.72 | +3.87% | ₹719.35 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
M M Forgings Brief Company Overview
MM Forgings Limited: A Leading Steel Forgings Manufacturer Established in 1945, MM Forgings Limited is a renowned steel forgings manufacturer in India. They cater to the automotive, agricultural, and high-pressure valve industries, offering a diverse range of closed die...
forgings, including axle beams, crankshafts, and gear blanks. Over the decades, MM Forgings has built a strong reputation for quality and innovation. Their commitment to precision engineering and customer satisfaction has earned them a loyal customer base both in India and abroad. Diverse Product Range: Closed die forgings: axle beams, steering knuckles, crankshafts, etc. For passenger cars, commercial vehicles, off-highway, and agricultural applications Commitment to Quality: MM Forgings is dedicated to delivering high-quality products that meet international standards. Their state-of-the-art facilities and experienced workforce ensure precision and efficiency throughout the manufacturing process.M M Forgings Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 2,123.9 Crore | Market valuation of M M Forgings's shares. |
| Revenue (TTM) | 1,576.69 Crore | Total revenue generated by M M Forgings over the past twelve months. |
| Net Income (TTM) | +133.18 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +13.53% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +8.44% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+0.4% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
-10% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
136.96 | Company's total debt divided by total shareholder equity. |
| Total Debt | 1,166.84 Crore | Sum of M M Forgings's current & long-term financial obligations. |
| Total Cash | 218.17 Crore | Total amount of liquid funds available to M M Forgings. |
| Beta | 1.22 | Beta is greater than 1 indicating that the M M Forgings's price is more volatile than the market. |
Is M M Forgings A Good Buy For Long Term?
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Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
