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M M Forgings Share Price Target 2024, 2025, 2026 to 2039 With Charts
M M Forgings Limited | |||
 | Symbol: MMFL | ||
| Price: ₹468.2 | |||
| Exchange: NSE | |||
| Industrials -> Metal Fabrication | |||
Show Table of Contents
Table of Contents
- 1: M M Forgings Brief Company Overview
- 1.1: MM Forgings Limited: A Leading Steel Forgings Manufacturer
- 1.2: M M Forgings Financial Performance
- 1.2.1: Is M M Forgings A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: M M Forgings Share Price Target For 2024
- 2.1.1: M M Forgings Share Price Target Table For 2024
- 2.1.2: Summary: M M Forgings Share Price Prediction For 2024
- 2.2: M M Forgings Share Price Target For 2025
- 2.2.1: M M Forgings Share Price Target Table For 2025
- 2.2.2: Summary: M M Forgings Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: M M Forgings Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: M M Forgings Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: M M Forgings Past Performance
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 | 2,330.79 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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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
| M M Forgings's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 483.25 (+3.21%) | Price Action: 25 Oct 2024 Low |
| 2024 Target 2 | 478.40 (+2.17%) | Price Action: Jun 2019 Low |
| 2024 Target 1 | 472.95 (+1.01%) | Price Action: Jun 2021 Low |
| Current Price | 468.20 | M M Forgings's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 467.39 (-0.18%) | Price Action: Chart |
| Stop Loss 2 | 462.25 (-1.28%) | Price Action: 11 Nov 2024 Low |
| Stop Loss 3 | 457.00 (-2.4%) | Price Action: Feb 2021 Low |
Summary: M M Forgings Share Price Prediction For 2024
In summary, M M Forgings has declined by ₹-499.45, recording a notable -51.61% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of M M Forgings for 2024 predicts an additional rise of 1.01% to 3.21% by the end of 2024 with three potential targets T1: 472.95, T2: 478.40, T3: 483.25. Stop Loss at SL1: 467.39, SL2: 462.25, SL3: 457.00.
M M Forgings has a 52-week high of ₹1352.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹429.39, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for M M Forgings.
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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
| M M Forgings's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 1018.52 (+117.53%) | Price Action: Chart |
| 2025 Target 2 | 999.53 (+113.48%) | Price Action: Chart |
| 2025 Target 1 | 989.63 (+111.36%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 468.20 | M M Forgings's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 342.21 (-26.91%) | Price Action: Chart |
| Stop Loss 2 | 338.79 (-27.64%) | Price Action: Chart |
| Stop Loss 3 | 332.69 (-28.95%) | Price Action: Chart |
Summary: M M Forgings Share Price Prediction For 2025
In summary, M M Forgings has declined by ₹-499.45, recording a notable -51.61% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of M M Forgings for 2025 predicts an additional rise of 111.36% to 117.53% by the end of 2025 with three potential targets T1: 989.63, T2: 999.53, T3: 1018.52. Stop Loss at SL1: 342.21, SL2: 338.79, SL3: 332.69.
M M Forgings has a All-Time high of ₹1403.94, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹429.39, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for M M Forgings, we have created a specific page for that check here: M M Forgings Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
M M Forgings Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of M M Forgings share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 2.93% over the next 15 years.
For complete year by year M M Forgings long term share price target from 2024, 2025 to 2039 check the below table.
M M Forgings Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | M M Forgings Target | YoY Change % |
|---|---|---|
| 2024 | ₹468.2 | [Current Price] |
| 2024 | ₹455.64 | -2.69% |
| 2025 | ₹645.33 | 41.63% |
| 2026 | ₹460.51 | -28.64% |
| 2027 | ₹958.16 | 108.06% |
| 2028 | ₹894.11 | -6.69% |
| 2029 | ₹888.6 | -0.62% |
| 2030 | ₹891.15 | 0.28% |
| 2031 | ₹764.71 | -14.19% |
| 2032 | ₹847.3 | 10.8% |
| 2033 | ₹788.2 | -6.98% |
| 2034 | ₹780.8 | -0.94% |
| 2035 | ₹780.35 | -0.06% |
| 2036 | ₹667.2 | -14.5% |
| 2037 | ₹736.44 | 10.37% |
| 2038 | ₹682.3 | -7.36% |
| 2039 | ₹682.74 | 0.06% |
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M M Forgings Past Performance
- In 1995, M M Forgings opening price was ₹18.75
- As of Thu 21 Nov 2024 the price stands at ₹468.2.
- This represents a Compound Annual Growth Rate (CAGR) of 11.32%.
- In 29 years, an investment of 10,000 would have become ₹2.49 Lakh.
As we wrap up, we hope you like our study on M M Forgings share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
- M M Forgings Share Price History
- M M Forgings Price Target Tomorrow
- M M Forgings Dividend History
- M M Forgings Bonus History
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
