MUNISH FORGE LIMITED (MUNISH-SM): MUNISH FORGE Share Price rises 19.44% to Rs 102 as market cap touches Rs 199.78 Cr
- September 9, 2026
- Posted by: Harsh Piplani
- Category: News
MUNISH FORGE Share Price is in focus today after the stock rose 19.44% to Rs 102 from the previous close of Rs 85.4, with market capitalisation at Rs 199.78 Cr. According to latest Univest data, the move confirms a sharp share price gain in the Indian stock market, while the company-specific catalyst is not established by the verified numbers. The latest price action makes MUNISH FORGE Stock News relevant for investors tracking stocks in news, especially in the Automobile & Ancillaries space. The stock traded between Rs 86.1 and Rs 102.4 after opening at Rs 88.5, which shows active intraday price action. Investors monitoring MUNISH FORGE Share Price Today can also use this move to assess valuation, sector context and how the company compares with castings and forgings peers.
MUNISH FORGE Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 102 |
| Previous Close | Rs 85.4 |
| Today's Move | Rs 16.6 (+19.44%) |
| Open | Rs 88.5 |
| High | Rs 102.4 |
| Low | Rs 86.1 |
| Turnover | Rs 0.58 crore |
| Market Capitalisation | Rs 199.78 crore |
| Market Cap Category | Micro Cap |
MUNISH FORGE LIMITED (MUNISH-SM) rose to Rs 102 from the previous close of Rs 85.4, a move of Rs 16.6 or 19.44%. The stock opened at Rs 88.5, reached a high of Rs 102.4, recorded a low of Rs 86.1.
MUNISH FORGE Share Price Today shows a clear one-day rise of Rs 16.6, or 19.44%, to Rs 102. The stock opened at Rs 88.5, touched a high of Rs 102.4 and a low of Rs 86.1, and is trading above its previous close of Rs 85.4. The latest Univest figures also place turnover at Rs 0.58 Cr, which adds context to the day’s market interest without changing the core price move. For readers scanning MUNISH FORGE Share Price Live, the key point is simple: the stock is among the stronger movers in today’s market update, even though the verified numbers do not establish a company-specific trigger. That is why MUNISH FORGE Stock News is drawing attention in Stocks Rising Today searches.
MUNISH FORGE LIMITED (MUNISH-SM) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 199.78 crore |
| P/E Ratio | 20.42x |
| P/B Ratio | 1.62x |
| ROE | 21.24% |
| ROCE | 18.95% |
| EPS | Rs 4.18 |
| Book Value Per Share | Rs 52.64 |
| Dividend Yield | 0% |
MUNISH FORGE LIMITED (MUNISH-SM) fundamental metrics show P/E 20.42x, P/B 1.62x, ROE 21.24%, ROCE 18.95%. These figures provide context only and are not a buy or sell signal.
MUNISH FORGE LIMITED has a market capitalisation of Rs 199.78 crore and falls in the Micro Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 20.42x, P/B at 1.62x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 21.24% and ROCE of 18.95%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 4.18, book value per share of Rs 52.64, 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 25.25x, median ROE of 15.56%, median ROCE of 17.47%. 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 | Castings/Forgings |
| Benchmark Scope | same industry |
| Company P/E Ratio | 20.42x |
| Benchmark Median P/E | 25.25x |
| Benchmark Average P/E | 44.61x |
| Benchmark P/E Range | 3.31x to 283.07x |
| Company P/B Ratio | 1.62x |
| Benchmark Median P/B | 2.73x |
| Company ROE | 21.24% |
| Benchmark Median ROE | 15.56% |
| Company ROCE | 18.95% |
| Benchmark Median ROCE | 17.47% |
| Company Market Capitalisation | Rs 199.78 crore |
| Benchmark Median Market Cap | Rs 275.18 crore |
MUNISH FORGE LIMITED (MUNISH-SM) is classified under sector: Automobile & Ancillaries and industry: Castings/Forgings.
MUNISH FORGE LIMITED (MUNISH-SM) has a P/E ratio of 20.42x, which is below the benchmark median of 25.25x, a difference of -19.13%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
MUNISH FORGE LIMITED (MUNISH-SM) has a ROE of 21.24%, which is above the benchmark median of 15.56%, a difference of +36.5%. MUNISH FORGE LIMITED (MUNISH-SM) has a ROCE of 18.95%, which is above the benchmark median of 17.47%, a difference of +8.47%.
Track stocks leading today through the Univest top gainers screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| AIA Engineering Ltd. | AIAENG | 39,403.59 | 31.34 | 4.77 | 16.97 | 21.16 |
| PTC Industries Ltd. | PTCIL | 35,680.54 | 283.07 | 23.14 | 6.03 | 7.66 |
| Steelcast Ltd. | STEELCAS | 3,354.27 | 36.99 | 8.01 | 24.1 | 32.41 |
| Investment & Precision Castings Ltd. | INVPRECQ | 1,300.5 | 90.99 | 12.33 | 12.13 | 14.14 |
| Alicon Castalloy Ltd. | ALICON | 1,115.43 | 31.24 | 1.79 | 8.18 | 11.84 |
MUNISH FORGE LIMITED (MUNISH-SM) has a P/E ratio of 20.42x compared with the displayed peer median of 36.99x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 21.24% compares with a peer median of 12.13% across the companies shown in the table. ROCE stood at 18.95% versus the displayed peer median of 14.14%, providing a capital-efficiency comparison. MUNISH FORGE LIMITED (MUNISH-SM) has a market capitalisation of Rs 199.78 crore. Among the 5 peers shown, 5 have a larger market capitalisation.
Why Investors Are Watching MUNISH FORGE
- MUNISH FORGE Share Price rose 19.44% to Rs 102, making it one of today’s notable stocks rising today.
- The stock’s P/E of 20.42 and P/B of 1.62 sit below the same-industry median, which keeps valuation in focus.
- ROE of 21.24% and ROCE of 18.95% provide a profitable operating backdrop.
- Market capitalisation of Rs 199.78 Cr places the company in a smaller market-cap bracket.
- Sector comparison shows the share price rise is occurring in a castings and forgings industry with wide valuation dispersion.
About MUNISH FORGE
MUNISH FORGE LIMITED operates in the Castings/Forgings industry within the Automobile & Ancillaries sector. The company is positioned as a small listed participant in an area where component manufacturing, metal processing and industrial supply chains matter to broader auto and engineering demand. MUNISH FORGE Share Price Today reflects market interest in that business profile, especially when investors look at industrial names with measurable return ratios and moderate valuation metrics.
As a listed company on NSE and BSE references used by market participants, MUNISH FORGE Stock Performance is best read through its core financial snapshot: market cap, P/E, P/B, ROE, ROCE, EPS and book value. The latest Univest data gives a compact view of how the business is being priced against earnings and accounting equity. For readers tracking MUNISH FORGE Latest News, the company’s appeal today lies in the combination of a strong share price rise and a fundamentals profile that is easy to compare with other castings and forgings names.
Frequently Asked Questions
Why is MUNISH FORGE Share Price rising today?
Ans. MUNISH FORGE Share Price rose 19.44% to Rs 102, but the verified numbers do not establish a company-specific catalyst. The move is still notable because it lifted the stock above its previous close of Rs 85.4.
What is MUNISH FORGE Share Price Today?
Ans. MUNISH FORGE Share Price Today is Rs 102. The stock gained Rs 16.6 from the previous close and traded as high as Rs 102.4 during the market session, according to latest Univest data.
What is the market cap of MUNISH FORGE?
Ans. MUNISH FORGE has a market capitalisation of Rs 199.78 Cr. That places it in a smaller-cap bracket, which reflects company size and market value rather than quality or future performance.
Is MUNISH FORGE expensive compared with peers?
Ans. On valuation, MUNISH FORGE Share Price does not look expensive versus the same-industry median. Its P/E of 20.42 and P/B of 1.62 are both below the benchmark median and average.
How do MUNISH FORGE’s profitability ratios compare?
Ans. MUNISH FORGE reports ROE of 21.24% and ROCE of 18.95%. Both are useful profitability markers, and ROE is above the industry median, which helps explain investor interest today.
What do EPS and book value show for MUNISH FORGE?
Ans. EPS is Rs 4.18 and book value is Rs 52.64. EPS shows earnings attributable to each share, while book value shows accounting net worth behind each share.
How does MUNISH FORGE compare with castings and forgings peers?
Ans. Compared with peers such as AIA Engineering, Steelcast and Alicon Castalloy, MUNISH FORGE Share Price sits at a lower valuation multiple while maintaining decent return ratios. That keeps it relevant in peer comparison.
Should investors track MUNISH FORGE Share Price on Univest?
Ans. Investors can track MUNISH FORGE Share Price on Univest to follow price updates, valuation ratios, sector context and peer comparison. It is a practical way to monitor MUNISH FORGE Stock News and market positioning.
Track MUNISH FORGE Share Price on Univest
Use MUNISH FORGE LIMITED (MUNISH-SM) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.
You can track MUNISH FORGE Share Price on Univest for live share price updates, fundamental ratios, sector context, peer comparison and market insights. Univest also helps readers review MUNISH FORGE Share Price Today alongside key company metrics, making it easier to follow stock news and company news in one place.
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 Univest (SEBI RA INH000013776).
