Amic Forging Ltd. (AMIC) Share Price near 52-week high as stock trades at Rs 2,589
- September 24, 2026
- Posted by: Chaitanya Auti
- Category: News
Amic Forging Ltd. Share Price is trading at Rs 2,589, up 0.47% today, and remains close to its 52-week high with a market capitalisation of Rs 2,891.91 crore. Amic Forging Ltd. Share Price Today is therefore drawing attention in Amic Forging Ltd. Stock News, even though the latest Univest data confirms the price event but does not establish a company-specific catalyst. The stock is moving within a narrow intraday range after opening at Rs 2,589 and holding near the day’s high, which keeps Amic Forging Ltd. Share Price in focus for readers tracking Share Market Today and Stocks in News. For Amic Forging Ltd. Share News, the most relevant context is the near-peak price position, the valuation profile and the sector benchmark.
Amic Forging Ltd. Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 2,589 |
| Previous Close | Rs 2,576.8 |
| Today's Move | +Rs 12.2 (+0.47%) |
| Open | Rs 2,589 |
| High | Rs 2,589 |
| Low | Rs 2,588.95 |
| Market Capitalisation | Rs 2,891.91 crore |
Amic Forging Ltd. (AMIC) traded at Rs 2,589 versus the previous close of Rs 2,576.8, a rise of 0.47%. The stock opened at Rs 2,589, reached a high of Rs 2,589 and touched a low of Rs 2,588.95.
Amic Forging Ltd. Share Price Today shows a quoted price of Rs 2,589 against the previous close of Rs 2,576.8, a day change of Rs 12.2 or 0.47%. Amic Forging Ltd. Share Price opened at Rs 2,589, touched a high of Rs 2,589 and a low of Rs 2,588.95, which places the stock in a very tight intraday band. The company’s market capitalisation of Rs 2,891.91 crore gives additional context to Amic Forging Ltd. Share Price as it trades near its 52-week high. From a market-news lens, Amic Forging Ltd. Stock News is being shaped by the price sitting close to its yearly high rather than by any verified event trigger. As of 06 October 2026 at 9:22 AM IST, Amic Forging Ltd. Share Price Live remains the key figure to track on Univest.
Amic Forging Ltd. (AMIC) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 2,891.91 crore |
| P/E Ratio | 105.5x |
| P/B Ratio | 12.38x |
| ROE | 43.2% |
| ROCE | 47.57% |
| EPS | Rs 24.42 |
| Book Value Per Share | Rs 208.16 |
| Dividend Yield | 0% |
Amic Forging Ltd. (AMIC) fundamental metrics show P/E 105.5x, P/B 12.38x, ROE 43.2%, ROCE 47.57%. These figures provide context only and are not a buy or sell signal.
Amic Forging Ltd. has a market capitalisation of Rs 2,891.91 crore, which gives readers a sense of company size before judging valuation. On valuation, P/E at 105.5x, P/B at 12.38x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 43.2% and ROCE of 47.57%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 24.42, book value per share of Rs 208.16, dividend yield of 0%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 22.77x, median ROE of 11.58%, median ROCE of 12.46%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Automobile & Ancillaries |
| Industry | Forgings |
| Benchmark Scope | same industry |
| Company P/E Ratio | 105.5x |
| Benchmark Median P/E | 22.77x |
| Benchmark Average P/E | 42.82x |
| Benchmark P/E Range | 0x to 156.93x |
| Company P/B Ratio | 12.38x |
| Benchmark Median P/B | 3.35x |
| Company ROE | 43.2% |
| Benchmark Median ROE | 11.58% |
| Company ROCE | 47.57% |
| Benchmark Median ROCE | 12.46% |
| Company Market Capitalisation | Rs 2,891.91 crore |
| Benchmark Median Market Cap | Rs 111.24 crore |
Amic Forging Ltd. (AMIC) is classified under sector: Automobile & Ancillaries and industry: Forgings.
Amic Forging Ltd. (AMIC) has a P/E ratio of 105.5x, which is above the benchmark median of 22.77x, a difference of +363.33%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Amic Forging Ltd. (AMIC) has a ROE of 43.2%, which is above the benchmark median of 11.58%, a difference of +273.06%. Amic Forging Ltd. (AMIC) has a ROCE of 47.57%, which is above the benchmark median of 12.46%, a difference of +281.78%.
Track stocks reaching yearly peaks through the Univest 52-week-high screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| MM Forgings Ltd. | MMFL | 2,743.12 | 15.75 | 2.64 | 10.56 | 9 |
| Balu Forge Industries Ltd. | BALUFORGE | 5,929.99 | 22.77 | 3.67 | 20.24 | 22.95 |
| Tirupati Forge Ltd. | TIRUPATIFL | 957.87 | 156.93 | 7.23 | 10.65 | 13.1 |
| Ramkrishna Forgings Ltd. | RKFORGE | 12,897.2 | 121.51 | 3.76 | 2.31 | 5.56 |
| Happy Forgings Ltd. | HAPPYFORGE | 18,920.82 | 57.97 | 8.58 | 15.23 | 18.19 |
Amic Forging Ltd. (AMIC) has a P/E ratio of 105.5x compared with the displayed peer median of 57.97x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 43.2% compares with a peer median of 10.65% across the companies shown in the table. ROCE stood at 47.57% versus the displayed peer median of 13.1%, providing a capital-efficiency comparison. Amic Forging Ltd. (AMIC) has a market capitalisation of Rs 2,891.91 crore. Among the 5 peers shown, 3 have a larger market capitalisation.
Why Investors Are Watching Amic Forging Ltd.
- Amic Forging Ltd. Share Price is trading at Rs 2,589, close to its 52-week high.
- The stock moved Rs 12.2 higher than the previous close of Rs 2,576.8.
- Amic Forging Ltd. Market Cap stands at Rs 2,891.91 crore.
- P/E is 105.5 and P/B is 12.38, both above the industry median in the Forgings group.
- ROE of 43.2% and ROCE of 47.57% are above the same-industry median levels.
About Amic Forging Ltd.
Amic Forging Ltd. operates in the Forgings industry within the Automobile & Ancillaries sector. In this Amic Forging Ltd. Stock News update, the company is being discussed through its sector classification, industry position and market metrics rather than through a broader business description. That keeps the focus on verifiable Amic Forging Ltd. Share Price context, the industry benchmark and the company’s financial ratios. For readers following Amic Forging Ltd. News Today, the relevant frame is its placement in the forgings peer set and its near 52-week high price behaviour.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Registration Number INH000013776), a subsidiary of Univest Communication Technologies Private Limited.
Frequently Asked Questions
Why is Amic Forging Ltd. Share Price in the news today?
Ans. Amic Forging Ltd. Share Price is in focus because it is trading near its 52-week high at Rs 2,589. The latest price update also shows a 0.47% rise versus the previous close.
What is Amic Forging Ltd. Share Price Today?
Ans. Amic Forging Ltd. Share Price Today is Rs 2,589. It is above the previous close of Rs 2,576.8 and remains close to the one-year high zone, which keeps the stock under watch.
How much did Amic Forging Ltd. Share Price move today?
Ans. Amic Forging Ltd. Share Price moved up by Rs 12.2, or 0.47%, from the previous close. The stock opened at Rs 2,589 and stayed in a very narrow intraday band.
What is the market capitalisation of Amic Forging Ltd.?
Ans. Amic Forging Ltd. has a market capitalisation of Rs 2,891.91 crore. That places it far above the same-industry median market cap in the Forgings group, based on the latest industry snapshot.
Is Amic Forging Ltd. Share Price expensive on valuation?
Ans. Amic Forging Ltd. Share Price carries a P/E of 105.5 and a P/B of 12.38. Both are well above the industry median, so the valuation sits at a premium to the same-industry benchmark.
How do ROE and ROCE compare for Amic Forging Ltd.?
Ans. Amic Forging Ltd. reports ROE of 43.2% and ROCE of 47.57%. Both ratios are much higher than the same-industry median in the forgings benchmark, which makes the return profile notable.
How does Amic Forging Ltd. Share Price compare with peers?
Ans. Amic Forging Ltd. Share Price sits above MM Forgings Ltd. and Tirupati Forge Ltd. on market cap, but below Balu Forge Industries Ltd., Ramkrishna Forgings Ltd. and Happy Forgings Ltd. on size.
Does Amic Forging Ltd. pay a dividend?
Ans. Amic Forging Ltd. has a dividend yield of 0. That means the current Amic Forging Ltd. Share Price is not being accompanied by a yield comparison in the latest fundamentals snapshot.
Track Amic Forging Ltd. Share Price on Univest
Use Amic Forging Ltd. (AMIC) live share-price page, Univest 52-week-high screener, Univest market blogs to review live stock data, yearly-high lists and related market analysis.
Track Amic Forging Ltd. Share Price on Univest for live price updates, market cap, valuation ratios, sector context, peer comparison and yearly high tracking. Univest also helps readers review Amic Forging Ltd. Share Price Today alongside fundamental snapshots and market insights in one place.