M.M. Forgings Ltd. logo

M.M. Forgings Ltd. (MMFL)

Market Closed
10 Aug, 10:00
XNSE XNSE
658. 25
+29.15
+4.6336%
20.26B Market Cap
18.27 P/E Ratio
16% Div Yield
308,633 Volume
61.82 Eps
629.1
Previous Close
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Day Range
620.55 664
Year Range
288.1 664
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Summary

MMFL closed today higher at ₹658.25, an increase of 4.6336% from yesterday's close, completing a monthly increase of 43.9112% or ₹200.85. Over the past 12 months, MMFL stock gained 79.8497%.
MMFL pays dividends to its shareholders, with the most recent payment made on Jun 24, 2026. The next estimated payment will be in In 10 months on Jun 24, 2027 for a total of ₹4.
The last earnings report, released on May 22, 2026, exceeded the consensus estimates by 0%. On average, the company has surpassed earnings expectations by 0%, based on the last three reports.
M.M. Forgings Ltd. has completed 3 stock splits, with the recent split occurring on Jul 16, 2024.
The company's stock is traded on 2 different exchanges and in various currencies, with the primary listing on XNSE (INR).

MMFL Chart

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M.M. Forgings Ltd. (MMFL) FAQ

What is the stock price today?

The current price is ₹658.25.

On which exchange is it traded?

M.M. Forgings Ltd. is listed on XNSE.

What is its stock symbol?

The ticker symbol is MMFL.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 16%.

What is its market cap?

As of today, the market cap is 20.26B.

Has M.M. Forgings Ltd. ever had a stock split?

M.M. Forgings Ltd. had 3 splits and the recent split was on Jul 16, 2024.

M.M. Forgings Ltd. Profile

Metals & Mining Industry
Materials Sector
Mr. Vidyashankar Krishnan CEO
XNSE Exchange
Y6131Z120 CUSIP
India Country
2,297 Employees
12 Jun 2026 Last Dividend
18 Jul 2018 Last Split
- IPO Date

Overview

M M Forgings Limited is a prominent entity in the field of steel forging, with a robust presence in the Indian market while also engaging in significant exports. The company boasts a rich history, initially established as The Madras Motors Ltd in 1945, and underwent a rebranding to its current name in 1993, demonstrating a long-standing heritage in the industry. Based in Chennai, India, M M Forgings Limited operates with a subsidiary model, enhancing its capability to design, manufacture, and market steel forgings across a diverse range of applications. These include components for passenger cars, commercial vehicles, off-highway construction, agriculture, and high-pressure valves, showcasing the company's wide expertise and adaptability to different market needs.

Products and Services

M M Forgings Limited offers a comprehensive array of closed die forgings, tailored to meet the demands of various industries. The product lineup includes:

  • Axle Beams: Crucial for vehicle suspension systems, providing the necessary support to withstand the loads from the vehicle and ensure proper alignment and performance.
  • Steering Knuckles: A key component of the steering system, connecting the wheel to the vehicle's suspension, enabling precise and safe maneuvering.
  • Crankshafts: Serving as the backbone of an engine’s internal combustion system, translating linear piston motion into rotational motion necessary for vehicle movement.
  • Axle Spindles: Essential for mounting the wheel and brake assembly, ensuring stability and smooth rotation of the wheels under various driving conditions.
  • Gear Blanks: The fundamental starting product for gear manufacturing, crucial for the transmission system's reliability and performance.
  • Sockets: Offering secure and robust connections for mechanical assemblies, vital for the function and safety of machinery.
  • Front Hubs: Acting as the core element where the wheels are mounted, allowing for their secure attachment and rotation on the axle.
  • Ball Studs: Components that play a pivotal role in the linkage systems, especially in steering mechanisms, to facilitate directional movement of vehicles.
  • Cross: A key part of the drivetrain, enabling the transmission of power through varying angles without significant efficiency loss.
  • Differential Spiders: Integral to the differential gear system, allowing wheels to rotate at different speeds while maintaining control, especially crucial for handling curves.

In addition to its manufacturing prowess, M M Forgings Limited actively partakes in exporting activities, spreading its high-quality products beyond the Indian market to serve a global clientele.

Contact Information

Address: A24/25, SVK Towers
Phone: 91 44 7160 1000