{"id":221261,"date":"2026-08-27T14:44:58","date_gmt":"2026-08-27T09:14:58","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=221261"},"modified":"2026-08-27T14:44:58","modified_gmt":"2026-08-27T09:14:58","slug":"why-munish-forge-limited-share-price-price-rise-2026-08-27","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-munish-forge-limited-share-price-price-rise-2026-08-27\/","title":{"rendered":"MUNISH FORGE LIMITED (MUNISH-SM) Share Price rises 8.28% as stock gains today"},"content":{"rendered":"<div class=\"univest-blue-summary\" style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:12px 16px;margin:0 0 18px 0;font-style:italic;\"><em><a href=\"https:\/\/univest.in\/stocks\/munish\/munish-forge-limited-share-price-today\">MUNISH FORGE LIMITED (MUNISH-SM)<\/a> share price rose to Rs 85 today, up 8.28% from the previous close. Market cap was Rs 185.94 crore.<\/em><\/div>\n<p class=\"univest-article-timestamp\" style=\"font-size:14px;color:#5F6673;margin:8px 0 18px 0;;margin-top:0!important;margin-bottom:0!important;\"><strong>Published:<\/strong> 27 August 2026 at 2:41:25 PM IST<\/p>\n<p style=\"margin-top:0!important;\">MUNISH FORGE LIMITED Share Price rose to Rs 85 today, up 8.28% from the previous close of Rs 78.5, with the company\u2019s market capitalisation at Rs 185.94 crore. The move also placed the stock among the day\u2019s gainers in the Indian stock market. What the verified data shows is a clear same-day price rise, an intraday range from Rs 74 to Rs 89.7, and turnover of Rs 1 crore. The data confirms the price event, but it does not establish a company-specific catalyst. In this Univest note, the focus is therefore on the observed price action, valuation context, sector positioning and peer comparison, so readers can track the stock with factual rather than speculative context.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/why-munish-forge-limited-share-price-price-rise-2026-08-27\/#MUNISH_FORGE_LIMITED_Share_Price_Today_Price_Action_Analysis\" title=\"MUNISH FORGE LIMITED Share Price Today: Price Action Analysis\">MUNISH FORGE LIMITED Share Price Today: Price Action Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/why-munish-forge-limited-share-price-price-rise-2026-08-27\/#MUNISH_FORGE_LIMITED_MUNISH-SM_Fundamental_Analysis\" title=\"MUNISH FORGE LIMITED (MUNISH-SM) Fundamental Analysis\">MUNISH FORGE LIMITED (MUNISH-SM) Fundamental Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/why-munish-forge-limited-share-price-price-rise-2026-08-27\/#Sector_and_Industry_Context\" title=\"Sector and Industry Context\">Sector and Industry Context<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/why-munish-forge-limited-share-price-price-rise-2026-08-27\/#Peer_Comparison\" title=\"Peer Comparison\">Peer Comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/why-munish-forge-limited-share-price-price-rise-2026-08-27\/#Why_Investors_Are_Watching_MUNISH_FORGE_LIMITED\" title=\"Why Investors Are Watching MUNISH FORGE LIMITED\">Why Investors Are Watching MUNISH FORGE LIMITED<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/why-munish-forge-limited-share-price-price-rise-2026-08-27\/#About_MUNISH_FORGE_LIMITED\" title=\"About MUNISH FORGE LIMITED\">About MUNISH FORGE LIMITED<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/why-munish-forge-limited-share-price-price-rise-2026-08-27\/#Track_MUNISH_FORGE_LIMITED_Share_Price_on_Univest\" title=\"Track MUNISH FORGE LIMITED Share Price on Univest\">Track MUNISH FORGE LIMITED Share Price on Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/why-munish-forge-limited-share-price-price-rise-2026-08-27\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/why-munish-forge-limited-share-price-price-rise-2026-08-27\/#Why_is_MUNISH_FORGE_LIMITED_Share_Price_rising_today\" title=\"Why is MUNISH FORGE LIMITED Share Price rising today?\">Why is MUNISH FORGE LIMITED Share Price rising today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/why-munish-forge-limited-share-price-price-rise-2026-08-27\/#What_is_MUNISH_FORGE_LIMITED_Share_Price_Today\" title=\"What is MUNISH FORGE LIMITED Share Price Today?\">What is MUNISH FORGE LIMITED Share Price Today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/why-munish-forge-limited-share-price-price-rise-2026-08-27\/#What_is_the_market_capitalisation_of_MUNISH_FORGE_LIMITED\" title=\"What is the market capitalisation of MUNISH FORGE LIMITED?\">What is the market capitalisation of MUNISH FORGE LIMITED?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/why-munish-forge-limited-share-price-price-rise-2026-08-27\/#How_does_MUNISH_FORGE_LIMITED_look_on_valuation_metrics\" title=\"How does MUNISH FORGE LIMITED look on valuation metrics?\">How does MUNISH FORGE LIMITED look on valuation metrics?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/why-munish-forge-limited-share-price-price-rise-2026-08-27\/#What_do_ROE_and_ROCE_show_for_MUNISH_FORGE_LIMITED\" title=\"What do ROE and ROCE show for MUNISH FORGE LIMITED?\">What do ROE and ROCE show for MUNISH FORGE LIMITED?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/why-munish-forge-limited-share-price-price-rise-2026-08-27\/#How_does_MUNISH_FORGE_LIMITED_compare_with_peers\" title=\"How does MUNISH FORGE LIMITED compare with peers?\">How does MUNISH FORGE LIMITED compare with peers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/why-munish-forge-limited-share-price-price-rise-2026-08-27\/#What_is_EPS_and_book_value_for_MUNISH_FORGE_LIMITED\" title=\"What is EPS and book value for MUNISH FORGE LIMITED?\">What is EPS and book value for MUNISH FORGE LIMITED?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/why-munish-forge-limited-share-price-price-rise-2026-08-27\/#Does_MUNISH_FORGE_LIMITED_pay_a_dividend\" title=\"Does MUNISH FORGE LIMITED pay a dividend?\">Does MUNISH FORGE LIMITED pay a dividend?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"MUNISH_FORGE_LIMITED_Share_Price_Today_Price_Action_Analysis\"><\/span><strong>MUNISH FORGE LIMITED Share Price Today: Price Action Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Current Price<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 85<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Previous Close<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 78.5<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Today&#39;s Move<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 6.5 (+8.28%)<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Open<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 76.55<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>High<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 89.7<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Low<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 74<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Turnover<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 185.94 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Cap Category<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Micro Cap<\/td>\n<\/tr>\n<\/table>\n<p>MUNISH FORGE LIMITED (MUNISH-SM) rose to Rs 85 from the previous close of Rs 78.5, a move of Rs 6.5 or 8.28%. The stock opened at Rs 76.55, reached a high of Rs 89.7, recorded a low of Rs 74.<\/p>\n<p>MUNISH FORGE LIMITED Share Price Today moved from the previous close of Rs 78.5 to Rs 85, a gain of Rs 6.5 or 8.28%. The stock opened at Rs 76.55, touched an intraday low of Rs 74 and a high of Rs 89.7, and closed at Rs 85 based on the supplied update. Turnover stood at Rs 1 crore, which is a factual traded-value measure and should be read alongside the day\u2019s price range rather than as a signal of cause. For readers following MUNISH FORGE LIMITED Stock News, the key point is the same-day move itself. Univest tracks this kind of share price rise by separating verified movement from any unconfirmed narrative, so the article stays anchored to the supplied numbers.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"MUNISH_FORGE_LIMITED_MUNISH-SM_Fundamental_Analysis\"><\/span><strong>MUNISH FORGE LIMITED (MUNISH-SM) Fundamental Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 185.94 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">18.77x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">1.49x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">21.24%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">18.95%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>EPS<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 4.18<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Book Value Per Share<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 52.64<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Dividend Yield<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">0%<\/td>\n<\/tr>\n<\/table>\n<p>MUNISH FORGE LIMITED (MUNISH-SM) fundamental metrics show P\/E 18.77x, P\/B 1.49x, ROE 21.24%, ROCE 18.95%. These figures provide context only and are not a buy or sell signal.<\/p>\n<p>MUNISH FORGE LIMITED has a market capitalisation of Rs 185.94 crore and falls in the Micro Cap category, which gives readers a sense of company size before judging valuation. On valuation, P\/E at 18.77x, P\/B at 1.49x 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. Additional supplied 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 supplied same industry benchmark, these figures can be compared with benchmark median P\/E of 24.47x, 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.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Sector_and_Industry_Context\"><\/span><strong>Sector and Industry Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Sector<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Automobile &amp; Ancillaries<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Industry<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Castings\/Forgings<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Scope<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">same industry<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">18.77x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">24.47x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">42.39x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark P\/E Range<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">3.39x to 249.49x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">1.49x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/B<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">2.46x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">21.24%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">15.56%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">18.95%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">17.47%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 185.94 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median Market Cap<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 340.66 crore<\/td>\n<\/tr>\n<\/table>\n<p>MUNISH FORGE LIMITED (MUNISH-SM) is classified under sector: Automobile &amp; Ancillaries and industry: Castings\/Forgings.<\/p>\n<p>MUNISH FORGE LIMITED (MUNISH-SM) has a P\/E ratio of 18.77x, which is below the benchmark median of 24.47x, a difference of -23.29%. P\/E is a valuation multiple and is not, by itself, a buy or sell signal.<\/p>\n<p>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%.<\/p>\n<p>Track stocks leading today through the <a href=\"https:\/\/univest.in\/screeners\/top-gainers\">Univest top gainers screener<\/a>. The peer table below provides the company-level comparison.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Peer_Comparison\"><\/span><strong>Peer Comparison<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Company<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Symbol<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Market Cap (Cr)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/E<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/B<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROE (%)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROCE (%)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/aiaeng\/aia-engineering-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>AIA Engineering Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">AIAENG<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">39,795.54<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">31.24<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">4.75<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">16.97<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">21.16<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/ptcil\/ptc-industries-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>PTC Industries Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">PTCIL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">31,669.44<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">249.49<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">20.4<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">6.03<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">7.66<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/steelcas\/steelcast-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Steelcast Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">STEELCAS<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">3,479.26<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">38.37<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">8.31<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">24.1<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">32.41<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/invprecq\/investment-and-precision-castings-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Investment &amp; Precision Castings Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">INVPRECQ<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,300<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">88.83<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">12.04<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">12.13<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">14.14<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/alicon\/alicon-castalloy-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Alicon Castalloy Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">ALICON<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,144.4<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">31.04<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1.77<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">8.18<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">11.84<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>MUNISH FORGE LIMITED (MUNISH-SM) has a P\/E ratio of 18.77x compared with the displayed peer median of 38.37x. 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 185.94 crore. Among the 5 peers shown, 5 have a larger market capitalisation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Investors_Are_Watching_MUNISH_FORGE_LIMITED\"><\/span><strong>Why Investors Are Watching MUNISH FORGE LIMITED<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>MUNISH FORGE LIMITED Share Price rose 8.28% today to Rs 85 after closing at Rs 78.5 previously.<\/li>\n<li>The day\u2019s range was Rs 74 to Rs 89.7, showing a wide intraday spread in the supplied price data.<\/li>\n<li>Market capitalisation stands at Rs 185.94 crore, below the same-industry median of Rs 340.66 crore.<\/li>\n<li>P\/E of 18.77 and P\/B of 1.49 are below the industry median values of 24.47 and 2.46.<\/li>\n<li>ROE of 21.24% and ROCE of 18.95% both sit above the industry median benchmarks.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"About_MUNISH_FORGE_LIMITED\"><\/span><strong>About MUNISH FORGE LIMITED<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>MUNISH FORGE LIMITED operates in the Automobile &#038; Ancillaries sector and the Castings\/Forgings industry. The supplied data places it within a peer set of 27 companies in the same industry, which helps readers understand its business backdrop in a direct market context. The company\u2019s core identity is therefore tied to industrial casting and forging activity rather than a diversified consumer-facing profile. For a stock like this, the most useful public-market lens is often the combination of valuation, return ratios and sector positioning, because those figures show how the company is being assessed against direct listed peers. In today\u2019s MUNISH FORGE LIMITED Stock News update, the key company facts are its market cap of Rs 185.94 crore, P\/E of 18.77, P\/B of 1.49, ROE of 21.24% and ROCE of 18.95%. Univest keeps the company overview focused on what the business is and where it sits in the industry rather than on unsupported narrative.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Track_MUNISH_FORGE_LIMITED_Share_Price_on_Univest\"><\/span><strong>Track MUNISH FORGE LIMITED Share Price on Univest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Use <a href=\"https:\/\/univest.in\/stocks\/munish\/munish-forge-limited-share-price-today\">MUNISH FORGE LIMITED (MUNISH-SM) live share-price page<\/a>, <a href=\"https:\/\/univest.in\/screeners\/top-gainers\">Univest top gainers screener<\/a>, <a href=\"https:\/\/univest.in\/blogs\">Univest market blogs<\/a> to review live stock data, top-gainers lists and related market analysis.<\/p>\n<p>Investors tracking MUNISH FORGE LIMITED Share Price on Univest can review live share price updates, fundamental ratios, shareholding pattern, 52-week levels and market insights in one place. The platform also helps users compare MUNISH FORGE LIMITED Share Price Today with sector and peer benchmarks, so the day\u2019s price rise can be viewed alongside valuation and business context. For anyone following MUNISH FORGE LIMITED Stock Performance, Univest provides a clean way to monitor the stock\u2019s share price update, latest news and financial context without mixing facts with assumptions.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_MUNISH_FORGE_LIMITED_Share_Price_rising_today\"><\/span><strong>Why is MUNISH FORGE LIMITED Share Price rising today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The verified data confirms a same-day rise in MUNISH FORGE LIMITED Share Price to Rs 85, up 8.28%. It does not establish a company-specific catalyst, so the move should be read as observed price action only.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_MUNISH_FORGE_LIMITED_Share_Price_Today\"><\/span><strong>What is MUNISH FORGE LIMITED Share Price Today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> MUNISH FORGE LIMITED Share Price Today is Rs 85, after rising Rs 6.5 from the previous close of Rs 78.5. The stock also traded between Rs 74 and Rs 89.7 during the day.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_capitalisation_of_MUNISH_FORGE_LIMITED\"><\/span><strong>What is the market capitalisation of MUNISH FORGE LIMITED?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> MUNISH FORGE LIMITED has a market capitalisation of Rs 185.94 crore. That places it below the same-industry median market cap of Rs 340.66 crore across the benchmark set of 27 companies.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_MUNISH_FORGE_LIMITED_look_on_valuation_metrics\"><\/span><strong>How does MUNISH FORGE LIMITED look on valuation metrics?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The stock trades at a P\/E of 18.77 and a P\/B of 1.49. Both are below the same-industry median benchmarks, which places the current valuation below many peer readings in the supplied set.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_do_ROE_and_ROCE_show_for_MUNISH_FORGE_LIMITED\"><\/span><strong>What do ROE and ROCE show for MUNISH FORGE LIMITED?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> ROE is 21.24% and ROCE is 18.95% for MUNISH FORGE LIMITED. Both are above the same-industry median, which gives useful context when reading the stock\u2019s Share Price and Fundamental Analysis together.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_MUNISH_FORGE_LIMITED_compare_with_peers\"><\/span><strong>How does MUNISH FORGE LIMITED compare with peers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Compared with peers like AIA Engineering, Steelcast and Alicon Castalloy, MUNISH FORGE LIMITED has a smaller market cap and lower valuation multiples. Its return ratios are respectable, though not the highest in the peer set.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_EPS_and_book_value_for_MUNISH_FORGE_LIMITED\"><\/span><strong>What is EPS and book value for MUNISH FORGE LIMITED?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> EPS is Rs 4.18 and book value is Rs 52.64 for MUNISH FORGE LIMITED. EPS reflects earnings per share, while book value shows accounting net worth per share in the current data.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Does_MUNISH_FORGE_LIMITED_pay_a_dividend\"><\/span><strong>Does MUNISH FORGE LIMITED pay a dividend?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The supplied dividend yield is 0, so the current dataset does not show a dividend contribution. Investors usually combine this with valuation and return ratios when reviewing MUNISH FORGE LIMITED Share Price.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUNISH FORGE LIMITED Share Price rises to Rs 85. marking a 8.28% rise today. Market cap stands at Rs 185.94 crore.<\/p>\n","protected":false},"author":29,"featured_media":221260,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-221261","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["221260"],"rank_math_title":["MUNISH FORGE LIMITED Share Price Today: Rs 85 after gain"],"rank_math_description":["MUNISH FORGE LIMITED Share Price rose 8.28% to Rs 85. Read today\u2019s price action, valuation ratios, sector context and peer comparison."],"rank_math_focus_keyword":["MUNISH FORGE LIMITED Share Price"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/08\/MUNISH_FORGE_LIMITED_MUNISH_SM_Share_Price_rises_828_as_stock_gains_today_bullish.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/221261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=221261"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/221261\/revisions"}],"predecessor-version":[{"id":221263,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/221261\/revisions\/221263"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/221260"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=221261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=221261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=221261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}