Current price is less than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Broker’s call: MM Forgings (Buy)

ICICI Direct is bullish on MM Forgings has recommended buy rating on the stock with a target price of Rs 1250 in its research report dated June 07, 2022.

Buy MM Forgings; target of Rs 1250: ICICI Direct

In an interaction on CNBC-TV18, the management said its sales growth to be at 80,000-90,000 tonnes in FY23. “Expect MM Forgings to get into EV business in the next couple of months,” said Vidyashankar Krishnan, the managing director of the company.

Market Movers: MM Forgings zooms 9% on EV foray; La Opala starts new factory

MM Forgings Consolidated March 2022 Net Sales at Rs 322.37 crore, up 9.89% Y-o-Y

#VarinderResearchStocks 

शानदार रिसर्च के बाद चुना गया आज का जोरदार शेयर...

वरिंदर बंसल ने आज क्यों चुना MM Forgings?

जानिए कंपनी में क्या पॉजिटिव, फंडामेंटल्स और रिस्क के बारे में यहां...

@AnilSinghvi | @varinder_bansal 


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Varinder Research Stock | MM Forgings पर Varinder Bansal की दमदार रिसर्च

MM Forgings forms new arm for EV parts

#CNBCAwaazLive #AajKaTajaKhabar #BusinessNewsLive #StockMarketLive #ShareMarketLive

MM Forgings पर आज क्या खरीदारी करें या करें Hold?, क्या SIP के जरिए इस Stock को अपने Portfolio में जोड़ा जा सकता है? Experts से लें सटीक राय

Share Market से जुड़ी हर छोटी या बड़ी खबर, चाहे हो Nifty में आए नए हाई या फिर, हो आपके के लिए स्टॉक्स पर राय, बिजनेस न्यूज हो या पॉलिटिकल न्यूज, कोरोनावायरस की न्यूज हो या फिर इलेक्शन, देखें CNBC Awaaz और रहे हर खबर से updated.


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MM Forgings Share News : क्या Stock में बन रहा कमाई का मौका?, कैसे बनाएं Strategy?

In other transactions, HDFC Mutual Fund traded shares of Greenply Industries, MM Forgings, and Centum Electronics, buying and selling equal numbers of shares for these three counters.

NSE-BSE bulk deals: Ontario Pension Board sells stake in CCL Products

MM Forgings posted a good set of numbers in the second quarter with an 80% growth in the revenue on a low base. Vidyashankar Krishnan, the Vice Chairman and Managing Director of the company, gives us a fine print of their earnings and outlook for next year.

#CNBCTV18 #BusinessNews #ShareMarketToday #Nifty #Sensex #VidyashankarKrishnan #MMForgings

CNBC-TV18 is India's No.1 Business medium and the undisputed leader in business news. The channel's benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. India's most able business audience consumes CNBC-TV18 for their information & investing needs. This audience is highly diversified at one level comprising of key groups such as business leaders, professionals, retail investors, brokers and traders, intermediaries, self-employed professionals, High Net Worth individuals, students and even homemakers but shares a distinct commonality in terms of their spirit of enterprise.

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Vidyashankar Krishnan Shares Q2FY22 Earnings Fine Print Of MM Forgings | Chartbusters | CNBC-TV18

MM Forgings Consolidated September 2021 Net Sales At Rs 273.16 Crore, Up 70.21% Y-o-Y

MM Forgings Limited is engaged in manufacturing steel forging. The Company is a manufacturer of automotive components.

MM Forgings Ltd

MM Forgings Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Broker’s call: MM Forgings (Buy)

Buy MM Forgings; target of Rs 1250: ICICI Direct

Market Movers: MM Forgings zooms 9% on EV foray; La Opala starts new factory

MM Forgings Consolidated March 2022 Net Sales at Rs 322.37 crore, up 9.89% Y-o-Y

News Video

Varinder Research Stock | MM Forgings पर Varinder Bansal की दमदार रिसर्च

MM Forgings forms new arm for EV parts

News Video

MM Forgings Share News : क्या Stock में बन रहा कमाई का मौका?, कैसे बनाएं Strategy?

MM Forgings Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Broker’s call: MM Forgings (Buy)

Buy MM Forgings; target of Rs 1250: ICICI Direct

Market Movers: MM Forgings zooms 9% on EV foray; La Opala starts new factory

MM Forgings Consolidated March 2022 Net Sales at Rs 322.37 crore, up 9.89% Y-o-Y

News Video

Varinder Research Stock | MM Forgings पर Varinder Bansal की दमदार रिसर्च

MM Forgings forms new arm for EV parts

News Video

MM Forgings Share News : क्या Stock में बन रहा कमाई का मौका?, कैसे बनाएं Strategy?

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock