{"id":341694,"date":"2026-11-06T11:41:14","date_gmt":"2026-11-06T06:11:14","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=341694"},"modified":"2026-11-06T11:41:14","modified_gmt":"2026-11-06T06:11:14","slug":"why-mm-forgings-ltd-share-price-rise-today-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-mm-forgings-ltd-share-price-rise-today-2026\/","title":{"rendered":"MM Forgings (MMFL) Share Price Rise: Stock Up 19.99% at Rs 630.45 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\/mmfl\/mm-forgings-ltd-share-price-today\">MM Forgings Ltd. (MMFL)<\/a> share price rose to Rs 630.45 today, up 19.99% from the previous close. Market cap was Rs 2,530.92 crore.<\/em><\/div>\n<p style=\"margin-top:0!important;\">MM Forgings Share Price rose 19.99% today, with the stock last traded at Rs 630.45 as of 06 November 2026 at 11:36:45 AM IST. MM Forgings Ltd. (symbol: MMFL) has a market capitalisation of Rs 2,530.92 crore, according to latest Univest data.<\/p>\n<p>This MM Forgings Share Price Today update covers the day&#8217;s price action, fundamental analysis, Forgings sector benchmarks and peer comparison. Investors following MM Forgings Stock News and other stock updates from the Indian stock market can monitor how the price moves through the rest of the day, and how valuation and return ratios compare with the industry.<\/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-mm-forgings-ltd-share-price-rise-today-2026\/#MM_Forgings_Share_Price_Today_Price_Action_Analysis\" title=\"MM Forgings Share Price Today: Price Action Analysis\">MM Forgings 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-mm-forgings-ltd-share-price-rise-today-2026\/#Why_MM_Forgings_Ltd_MMFL_May_Be_Moving_Today\" title=\"Why MM Forgings Ltd. (MMFL) May Be Moving Today\">Why MM Forgings Ltd. (MMFL) May Be Moving Today<\/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-mm-forgings-ltd-share-price-rise-today-2026\/#MM_Forgings_Ltd_MMFL_Fundamental_Analysis\" title=\"MM Forgings Ltd. (MMFL) Fundamental Analysis\">MM Forgings Ltd. (MMFL) Fundamental Analysis<\/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-mm-forgings-ltd-share-price-rise-today-2026\/#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-5\" href=\"https:\/\/univest.in\/blogs-2\/why-mm-forgings-ltd-share-price-rise-today-2026\/#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-6\" href=\"https:\/\/univest.in\/blogs-2\/why-mm-forgings-ltd-share-price-rise-today-2026\/#Why_Investors_Are_Watching_MM_Forgings\" title=\"Why Investors Are Watching MM Forgings\">Why Investors Are Watching MM Forgings<\/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-mm-forgings-ltd-share-price-rise-today-2026\/#About_MM_Forgings\" title=\"About MM Forgings\">About MM Forgings<\/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-mm-forgings-ltd-share-price-rise-today-2026\/#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-mm-forgings-ltd-share-price-rise-today-2026\/#What_is_the_MM_Forgings_Share_Price_today\" title=\"What is the MM Forgings Share Price today?\">What is the MM Forgings Share Price 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-mm-forgings-ltd-share-price-rise-today-2026\/#What_is_the_day_range_for_MM_Forgings_Share_Price_Today\" title=\"What is the day range for MM Forgings Share Price Today?\">What is the day range for MM Forgings 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-mm-forgings-ltd-share-price-rise-today-2026\/#What_is_the_PE_ratio_for_MM_Forgings_Share_Price\" title=\"What is the P\/E ratio for MM Forgings Share Price?\">What is the P\/E ratio for MM Forgings Share Price?<\/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-mm-forgings-ltd-share-price-rise-today-2026\/#What_are_the_MM_Forgings_PB_ratio_and_book_value\" title=\"What are the MM Forgings P\/B ratio and book value?\">What are the MM Forgings P\/B ratio and book value?<\/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-mm-forgings-ltd-share-price-rise-today-2026\/#What_are_the_ROE_and_ROCE_of_MM_Forgings\" title=\"What are the ROE and ROCE of MM Forgings?\">What are the ROE and ROCE of MM Forgings?<\/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-mm-forgings-ltd-share-price-rise-today-2026\/#What_are_the_EPS_and_dividend_yield_of_MM_Forgings\" title=\"What are the EPS and dividend yield of MM Forgings?\">What are the EPS and dividend yield of MM Forgings?<\/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-mm-forgings-ltd-share-price-rise-today-2026\/#How_does_MM_Forgings_compare_with_its_sector_benchmark\" title=\"How does MM Forgings compare with its sector benchmark?\">How does MM Forgings compare with its sector benchmark?<\/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-mm-forgings-ltd-share-price-rise-today-2026\/#How_does_MM_Forgings_compare_with_its_peers\" title=\"How does MM Forgings compare with its peers?\">How does MM Forgings compare with its peers?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/why-mm-forgings-ltd-share-price-rise-today-2026\/#Track_MM_Forgings_Share_Price_on_Univest\" title=\"Track MM Forgings Share Price on Univest\">Track MM Forgings Share Price on Univest<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"MM_Forgings_Share_Price_Today_Price_Action_Analysis\"><\/span><strong>MM Forgings 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 630.45<\/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 525.4<\/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 105.05 (+19.99%)<\/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 585.05<\/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 630.45<\/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 560.85<\/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 2,530.92 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;\">Small Cap<\/td>\n<\/tr>\n<\/table>\n<p>MM Forgings Ltd. (MMFL) rose to Rs 630.45 from the previous close of Rs 525.4, a move of Rs 105.05 or 19.99%. The stock opened at Rs 585.05, reached a high of Rs 630.45, recorded a low of Rs 560.85.<\/p>\n<p>MM Forgings Share Price is at Rs 630.45 as of 06 November 2026 at 11:36:45 AM IST, a gain of Rs 105.05 or 19.99% from the previous close of Rs 525.40. This MM Forgings Share Price Rise leaves the company with a market capitalisation of Rs 2,530.92 crore.<\/p>\n<p>The stock opened at Rs 585.05, which is Rs 59.65 above the previous close. It touched a low of Rs 560.85 and a high of Rs 630.45, so the day low also sits Rs 35.45 above the previous close. The last traded price is level with the day high and Rs 69.60 above the day low.<\/p>\n<p>For readers following MM Forgings stock performance and other stocks rising today, these levels are the reference points in the MM Forgings Share Price Update for the open, low, high and last traded price. The next section examines the fundamentals behind the company.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_MM_Forgings_Ltd_MMFL_May_Be_Moving_Today\"><\/span><strong>Why MM Forgings Ltd. (MMFL) May Be Moving Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div class=\"news-context\">According to recent news reports, three results-related items were published on 05 Nov between 08:27 pm and 08:28 pm IST. The first, at 08:28 pm, said MMFL&#8217;s second-quarter revenue reached 5.37 billion rupees, compared with 3.78 billion rupees year-over-year. The second, at 08:27 pm, reported second-quarter EBITDA of 1.04 billion rupees, up from 665 million rupees year-over-year, with the EBITDA margin improving to 19.43% from 17.61%. The third, also at 08:27 pm, reported a Q2 consolidated net profit of 417 million rupees, compared with 185 million rupees in the prior year. These reports could be linked to today&#8217;s price rise, but the market data itself does not establish a single confirmed cause.<\/div>\n<h2><span class=\"ez-toc-section\" id=\"MM_Forgings_Ltd_MMFL_Fundamental_Analysis\"><\/span><strong>MM Forgings Ltd. (MMFL) 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 2,530.92 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;\">14.98x<\/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;\">2.51x<\/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;\">10.56%<\/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;\">9%<\/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 35.08<\/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 209.06<\/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;\">0.76%<\/td>\n<\/tr>\n<\/table>\n<p>MM Forgings Ltd. has a market capitalisation of Rs 2,530.92 crore and falls in the Small Cap category, which gives readers a sense of company size before judging valuation. On valuation, P\/E at 14.98x, P\/B at 2.51x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 10.56% and ROCE of 9%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 35.08, book value per share of Rs 209.06, dividend yield of 0.76%, 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 26.89x, median ROE of 10.56%, median ROCE of 11.28%. Together they describe the fundamental backdrop without implying 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;\">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;\">14.98x<\/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;\">26.89x<\/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;\">49.28x<\/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;\">8.15x to 161.12x<\/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;\">2.51x<\/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;\">2.96x<\/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;\">10.56%<\/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;\">10.56%<\/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;\">9%<\/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;\">11.28%<\/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 2,530.92 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 122.5 crore<\/td>\n<\/tr>\n<\/table>\n<p>MM Forgings Ltd. (MMFL) operates in the Automobile &amp; Ancillaries sector, within the Forgings industry.<\/p>\n<p>MM Forgings Ltd. (MMFL) has a P\/E ratio of 14.98x, which is below the benchmark median of 26.89x, a difference of -44.29%. A P\/E difference of this kind is a reference point rather than a recommendation.<\/p>\n<p>MM Forgings Ltd. (MMFL) has a ROE of 10.56%, which is equal to the benchmark median of 10.56%, a difference of 0%. MM Forgings Ltd. (MMFL) has a ROCE of 9%, which is below the benchmark median of 11.28%, a difference of -20.21%.<\/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\/bharatforg\/bharat-forge-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Bharat Forge Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">BHARATFORG<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">88,693.72<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">125.25<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">7.45<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">11.58<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">12.46<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/happyforge\/happy-forgings-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Happy Forgings Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">HAPPYFORGE<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">17,504.8<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">53.96<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">7.99<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">15.23<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">18.19<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/rkforge\/ramkrishna-forgings-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Ramkrishna Forgings Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">RKFORGE<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">12,926.89<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">71.93<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">3.74<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2.31<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">5.56<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/baluforge\/balu-forge-industries-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Balu Forge Industries Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">BALUFORGE<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">6,115.72<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">23.3<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">3.76<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">20.24<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">22.95<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/amic\/amic-forging-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Amic Forging Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">AMIC<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2,378.96<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">86.51<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">9.12<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">21.15<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">23.57<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>MM Forgings Ltd. (MMFL) has a P\/E ratio of 14.98x compared with the displayed peer median of 71.93x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 10.56% compares with a peer median of 15.23% across the companies shown in the table. ROCE stood at 9% versus the displayed peer median of 18.19%, providing a capital-efficiency comparison. MM Forgings Ltd. (MMFL) has a market capitalisation of Rs 2,530.92 crore. Among the 5 peers shown, 4 have a larger market capitalisation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Investors_Are_Watching_MM_Forgings\"><\/span><strong>Why Investors Are Watching MM Forgings<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Price action: MM Forgings Share Price is up 19.99%, and the day low of Rs 560.85 is above the previous close.<\/li>\n<li>Valuation: the P\/E ratio of 14.98 and P\/B ratio of 2.51 are both below their Forgings industry medians.<\/li>\n<li>Returns: ROE of 10.56% equals the industry median, while ROCE of 9% is below its median of 11.28%.<\/li>\n<li>Peer position: the stock has lower P\/E and P\/B ratios than all five compared peers.<\/li>\n<li>Company size: market capitalisation of Rs 2,530.92 crore is above the industry median of Rs 122.5 crore.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"About_MM_Forgings\"><\/span><strong>About MM Forgings<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>MM Forgings Ltd., listed under the symbol MMFL, belongs to the Forgings industry in the Automobile &amp; Ancillaries sector. The Forgings benchmark used in this company overview covers 21 companies, and MM Forgings sits within that group alongside Bharat Forge, Happy Forgings, Ramkrishna Forgings, Balu Forge Industries and Amic Forging.<\/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 Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).<\/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=\"What_is_the_MM_Forgings_Share_Price_today\"><\/span><strong>What is the MM Forgings Share Price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> MM Forgings Share Price last traded at Rs 630.45 as of 06 November 2026 at 11:36:45 AM IST, up 19.99% from the previous close of Rs 525.40. The company&#39;s market capitalisation is Rs 2,530.92 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_day_range_for_MM_Forgings_Share_Price_Today\"><\/span><strong>What is the day range for MM Forgings Share Price Today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The stock opened at Rs 585.05, touched a low of Rs 560.85 and a high of Rs 630.45. The last traded price is level with the day high, and the day low is above the previous close.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PE_ratio_for_MM_Forgings_Share_Price\"><\/span><strong>What is the P\/E ratio for MM Forgings Share Price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> MM Forgings has a P\/E ratio of 14.98. That is below the same-industry Forgings median of 26.89 and the average of 49.28, based on a benchmark of 20 companies with a P\/E figure.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_MM_Forgings_PB_ratio_and_book_value\"><\/span><strong>What are the MM Forgings P\/B ratio and book value?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The P\/B ratio is 2.51 and book value per share is Rs 209.06. The P\/B ratio is below the same-industry Forgings median of 2.96 and the average of 3.84 across 21 companies.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_ROE_and_ROCE_of_MM_Forgings\"><\/span><strong>What are the ROE and ROCE of MM Forgings?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> MM Forgings has an ROE of 10.56% and an ROCE of 9%. The ROE matches the Forgings industry median of 10.56%, while the ROCE is below the median of 11.28% and the average of 14.56%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_EPS_and_dividend_yield_of_MM_Forgings\"><\/span><strong>What are the EPS and dividend yield of MM Forgings?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> EPS is Rs 35.08, which shows the earnings attributable to each MM Forgings share. Dividend yield is 0.76%, a historical payout measure relative to the share price and not a guaranteed future payout.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_MM_Forgings_compare_with_its_sector_benchmark\"><\/span><strong>How does MM Forgings compare with its sector benchmark?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Against the 21-company Forgings benchmark, MM Forgings has a lower P\/E and P\/B than the median, an equal ROE and a lower ROCE. Its market capitalisation is above the median of Rs 122.5 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_MM_Forgings_compare_with_its_peers\"><\/span><strong>How does MM Forgings compare with its peers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> MM Forgings has lower P\/E and P\/B ratios than Bharat Forge, Happy Forgings, Ramkrishna Forgings, Balu Forge Industries and Amic Forging. Its ROE and ROCE are above Ramkrishna Forgings only, and market capitalisation is above Amic Forging only.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the MM Forgings Share Price today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"MM Forgings Share Price last traded at Rs 630.45 as of 06 November 2026 at 11:36:45 AM IST, up 19.99% from the previous close of Rs 525.40. The company's market capitalisation is Rs 2,530.92 crore.\"}},{\"@type\":\"Question\",\"name\":\"What is the day range for MM Forgings Share Price Today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The stock opened at Rs 585.05, touched a low of Rs 560.85 and a high of Rs 630.45. The last traded price is level with the day high, and the day low is above the previous close.\"}},{\"@type\":\"Question\",\"name\":\"What is the P\/E ratio for MM Forgings Share Price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"MM Forgings has a P\/E ratio of 14.98. That is below the same-industry Forgings median of 26.89 and the average of 49.28, based on a benchmark of 20 companies with a P\/E figure.\"}},{\"@type\":\"Question\",\"name\":\"What are the MM Forgings P\/B ratio and book value?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The P\/B ratio is 2.51 and book value per share is Rs 209.06. The P\/B ratio is below the same-industry Forgings median of 2.96 and the average of 3.84 across 21 companies.\"}},{\"@type\":\"Question\",\"name\":\"What are the ROE and ROCE of MM Forgings?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"MM Forgings has an ROE of 10.56% and an ROCE of 9%. The ROE matches the Forgings industry median of 10.56%, while the ROCE is below the median of 11.28% and the average of 14.56%.\"}},{\"@type\":\"Question\",\"name\":\"What are the EPS and dividend yield of MM Forgings?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"EPS is Rs 35.08, which shows the earnings attributable to each MM Forgings share. Dividend yield is 0.76%, a historical payout measure relative to the share price and not a guaranteed future payout.\"}},{\"@type\":\"Question\",\"name\":\"How does MM Forgings compare with its sector benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Against the 21-company Forgings benchmark, MM Forgings has a lower P\/E and P\/B than the median, an equal ROE and a lower ROCE. Its market capitalisation is above the median of Rs 122.5 crore.\"}},{\"@type\":\"Question\",\"name\":\"How does MM Forgings compare with its peers?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"MM Forgings has lower P\/E and P\/B ratios than Bharat Forge, Happy Forgings, Ramkrishna Forgings, Balu Forge Industries and Amic Forging. Its ROE and ROCE are above Ramkrishna Forgings only, and market capitalisation is above Amic Forging only.\"}}]}<\/script><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Track_MM_Forgings_Share_Price_on_Univest\"><\/span><strong>Track MM Forgings Share Price on Univest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Use <a href=\"https:\/\/univest.in\/stocks\/mmfl\/mm-forgings-ltd-share-price-today\">MM Forgings Ltd. (MMFL) 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>Readers can follow the live MM Forgings Share Price on Univest, along with fundamental ratios such as P\/E, P\/B, ROE and ROCE, 52-week levels and wider market insights. Univest also lists the Forgings peers covered above, which helps with ongoing peer comparison. Checking the MM Forgings Share Price Today page through the trading day shows how the stock moves against the levels discussed here. This article is a market update, not a recommendation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MM Forgings Ltd. Share Price rises to Rs 630.45, marking a 19.99% rise today. Market cap stands at Rs 2,530.92 crore.<\/p>\n","protected":false},"author":35,"featured_media":341692,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-341694","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["341692"],"rank_math_title":["MM Forgings Share Price Rise: Up 19.99% at Rs 630.45 Today"],"rank_math_description":["MM Forgings Share Price rose 19.99% to Rs 630.45 today. See price action, P\/E, P\/B, ROE, ROCE, sector benchmarks and peer comparison with Univest."],"rank_math_focus_keyword":["MM Forgings 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\/11\/MM_Forgings_MMFL_Share_Price_Rise_Stock_Up_1999_at_Rs_63045_Today_bullish.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/341694","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\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=341694"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/341694\/revisions"}],"predecessor-version":[{"id":341695,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/341694\/revisions\/341695"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/341692"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=341694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=341694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=341694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}