MM Forgings (MMFL) Share Price Rise: Stock Up 19.99% at Rs 630.45 Today

Updated: 6 Nov 2026 • 11:41 am

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MM Forgings (MMFL) Share Price Rise: Stock Up 19.99% at Rs 630.45 Today

MM Forgings Ltd. (MMFL) share price rose to Rs 630.45 today, up 19.99% from the previous close. Market cap was Rs 2,530.92 crore.

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.

This MM Forgings Share Price Today update covers the day'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.

Table of Contents

MM Forgings Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 630.45
Previous Close	Rs 525.4
Today's Move	Rs 105.05 (+19.99%)
Open	Rs 585.05
High	Rs 630.45
Low	Rs 560.85
Market Capitalisation	Rs 2,530.92 crore
Market Cap Category	Small Cap

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.

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.

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.

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.

Why MM Forgings Ltd. (MMFL) May Be Moving Today

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'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's price rise, but the market data itself does not establish a single confirmed cause.

MM Forgings Ltd. (MMFL) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 2,530.92 crore
P/E Ratio	14.98x
P/B Ratio	2.51x
ROE	10.56%
ROCE	9%
EPS	Rs 35.08
Book Value Per Share	Rs 209.06
Dividend Yield	0.76%

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.

Sector and Industry Context

Metric	Value
Sector	Automobile & Ancillaries
Industry	Forgings
Benchmark Scope	same industry
Company P/E Ratio	14.98x
Benchmark Median P/E	26.89x
Benchmark Average P/E	49.28x
Benchmark P/E Range	8.15x to 161.12x
Company P/B Ratio	2.51x
Benchmark Median P/B	2.96x
Company ROE	10.56%
Benchmark Median ROE	10.56%
Company ROCE	9%
Benchmark Median ROCE	11.28%
Company Market Capitalisation	Rs 2,530.92 crore
Benchmark Median Market Cap	Rs 122.5 crore

MM Forgings Ltd. (MMFL) operates in the Automobile & Ancillaries sector, within the Forgings industry.

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.

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%.

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 (%)
Bharat Forge Ltd.	BHARATFORG	88,693.72	125.25	7.45	11.58	12.46
Happy Forgings Ltd.	HAPPYFORGE	17,504.8	53.96	7.99	15.23	18.19
Ramkrishna Forgings Ltd.	RKFORGE	12,926.89	71.93	3.74	2.31	5.56
Balu Forge Industries Ltd.	BALUFORGE	6,115.72	23.3	3.76	20.24	22.95
Amic Forging Ltd.	AMIC	2,378.96	86.51	9.12	21.15	23.57

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.

Why Investors Are Watching MM Forgings

Price action: MM Forgings Share Price is up 19.99%, and the day low of Rs 560.85 is above the previous close.
Valuation: the P/E ratio of 14.98 and P/B ratio of 2.51 are both below their Forgings industry medians.
Returns: ROE of 10.56% equals the industry median, while ROCE of 9% is below its median of 11.28%.
Peer position: the stock has lower P/E and P/B ratios than all five compared peers.
Company size: market capitalisation of Rs 2,530.92 crore is above the industry median of Rs 122.5 crore.

About MM Forgings

MM Forgings Ltd., listed under the symbol MMFL, belongs to the Forgings industry in the Automobile & 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.

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 Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).

Frequently Asked Questions

What is the MM Forgings Share Price today?

Ans. 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.

What is the day range for MM Forgings Share Price Today?

Ans. 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.

What is the P/E ratio for MM Forgings Share Price?

Ans. 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.

What are the MM Forgings P/B ratio and book value?

Ans. 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.

What are the ROE and ROCE of MM Forgings?

Ans. 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%.

What are the EPS and dividend yield of MM Forgings?

Ans. 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.

How does MM Forgings compare with its sector benchmark?

Ans. 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.

How does MM Forgings compare with its peers?

Ans. 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.

Track MM Forgings Share Price on Univest

Use MM Forgings Ltd. (MMFL) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.

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.