Shares of Tirupati Forge, which are up 35 per cent from its 52-week lows at Rs 8.35 on March 29, 2023, have dropped 55 per cent in the year 2023 so far.

Tirupati Forge receives approval for supply of forgings, stock rises 3%

More than 14.36 lakh equity shares exchanged hands in Tirupati Forge on NSE, among which Aegis bought about 5 lakh equity shares in the company aggregating to ₹1.1 crore. Tirupati Forge shares have witnessed an impressive upside in the past six months.

Mauritius-based FII buys stake in multibagger stock, rises over 150% in 6 months

Tirupati Forge Standalone March 2022 Net Sales at Rs 30.00 crore, up 158.35% Y-o-Y

Tirupati Forge standalone net profit rises 140.00% in the September 2021 quarter

Tirupati Forge Standalone June 2021 Net Sales At Rs 12.87 Crore, Up 147.83% Y-o-Y

Tirupati Forge standalone net profit rises 3000.00% in the June 2021 quarter

Tirupati Forge Standalone March 2021 Net Sales At Rs 11.61 Crore, Up 62.29% Y-o-Y

Tirupati Forge standalone net profit declines 36.36% in the March 2021 quarter

Tirupati Forge reports standalone net profit of Rs 0.03 crore in the December 2020 quarter

Tirupati Forge Standalone September 2020 Net Sales At Rs 6.69 Crore, Down 6.11% Y-o-Y

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Strong financials and growth story over the years

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

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

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Tirupati Forge Limited  manufactures and supplies forged flanges, auto parts, automotive components and fittings components