315.8500 -3.40 (-1.06%)
NSE Aug 29, 2025 15:31 PM
Volume: 35,298
 

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M M Forgings Ltd.
03 Jun 2025
315.85
-1.06%
Anand Rathi
Lower our Rs819m estimate due to less-than-expected revenues, MM Forgings’ Q4 EBITDA slipped 4% y/y to Rs724m. Growth would be supported by the domestic M&H CV volume upswing, which would come at a 5% CAGR over FY25-27 on economic activity and replacement demand.
M M Forgings Ltd. has an average target of 430.00 from 1 broker.
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