M.M.FORGINGS LTD. SHARE PRICE [LIVE]

BSE: INE227C01017   NSE: MMFL   SECTOR: Castings/Forgings

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800.20
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800.00
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Name Mar 21 Dec 20

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Frequently Asked Questions

What is the Share price of M.M.FORGINGS LTD. (MMFL)?

M.M.FORGINGS LTD. (MMFL) share price as of September 29, 2022, on NSE is Rs 800.20 (NSE) and Rs 800.00 (BSE) on BSE.

Can I buy M.M.FORGINGS LTD. (MMFL) shares?

Yes, You can buy M.M.FORGINGS LTD. (MMFL) shares by opening a Demat account with Angel One.

How do I buy M.M.FORGINGS LTD. (MMFL) from Angel One?

M.M.FORGINGS LTD. (MMFL) share can be brought through the following modes:
  1. Direct investment: You can buy M.M.FORGINGS LTD. (MMFL) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to M.M.FORGINGS LTD. (MMFL) shares.

In which sector do M.M.FORGINGS LTD. (MMFL) belong?

M.M.FORGINGS LTD. (MMFL) belongs to Castings/Forgings.

About MMFL

Today's live share price for M.M.FORGINGS LTD. is NSE: ₹ 800.20, BSE: ₹ 800.00 with a current market capitalization of .

Incorporated in 1946 Madras Motors Pvt Ltd, the company went public in 1975. Originally dealing in imported motorcycles, it later diversified to establish steel forging plants. The company changed to its present name, M M Forgings on 1 Apr.'93. It was promoted by S E Krishnan and S R Subramanian. The company manufactures carbon and alloy steel forgings -- with individual forging pieces weighing between 15 kg and 60 kg -- at its two forging units at Singampunari, Madurai district, and Viralimalai, Trichy district, (combined capacity : 15,000 tpa) both in Tamilnadu. The company's products form important inputs for various critical components in the automobile, tractor, earth-moving, power, material handling, oil, railway and core engineering industries. The company's clientele includes Ashok Leyland, BEML, BHEL, Audco Valves and Tractor Engineers. During 1994-95, the company has been accredited with the ISO 9002 certificate. The technical collaboration with Tokai Corporation of Japan has enabled the company to improve its quality and productivity. During 2001, the company has increased its installed capacity of steel forgings from 15000 tpa to 20000 tpa. The technology collaboration with Tokai Corporation of Japan has enabled the company to improve its quality and productivity. The company has completed 2 Wind farm in Muppandal and the same is expected to generated 6 Million KWHr of power each year. In 2002 the company has merged its wholly owned subsidiary viz Gears India Madaras Ltd, The production capacity of Steel Forgings is being increased from 20000 tonnes to 26500 tonnes and this is under process at the end of the financial year 2003-04.Machining capacity has also been substantially increased in line with changing customer demand.

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