Munish Forge

Why is Munish Forge Ltd falling/rising?

As of 01-Sep, Munish Forge Ltd's stock price is at 82.25, down 6.53%, and has significantly underperformed its sector. Despite trading above moving averages, its year-to-date decline of 20.15% indicates a negative long-term outlook.

As of 01-Sep, Munish Forge Ltd's stock price is falling, currently at 82.25, reflecting a change of -5.75, or -6.53%. This decline is evident in today's performance, where the stock has underperformed its sector by -6.57%. Additionally, the stock has experienced a significant drop in investor participation, with delivery volume on 31 August falling by -76.42% compared to the 5-day average. <BR><BR>Despite trading above its moving averages for 5, 20, 50, 100, and 200 days, the overall year-to-date performance shows a decline of -20.15%, which is considerably worse than the Sensex's decline of -7.94%. This suggests that while there may be some short-term positive trends, the long-term outlook for Munish Forge Ltd remains negative, contributing to the current fall in stock price.

What does Munish Forge do?

Munish Forge Ltd operates in the castings and forgings industry as a micro-cap company with a market cap of INR 212 Cr. It has no reported sales or profits for the latest quarter, a P/E ratio of 20, and a debt-equity ratio of 0.31.

Overview:<BR>Munish Forge Ltd operates in the castings and forgings industry and is categorized as a micro-cap company.<BR><BR>History:<BR>Details regarding the incorporation year and any status changes are not available. There is no sales or profit data reported for the latest quarter.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 212 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 20.00<BR>Industry P/E: 50<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.31<BR>Return on Equity (ROE): 8.31%<BR>Price-to-Book: 1.66<BR><BR>Contact Details:<BR>Registrar Address: Not available.

Who are the peers of the Munish Forge?

Munish Forge's peers include Tirupati Forge, ANB Metal, Kalyani Forge, Nitin Castings, Krishanveer Forg, Magna Electrocas, Gujarat Intrux, and Smiths & Founder, with varying management risks and growth rates. ANB Metal leads in 1-year returns at 87.67%, while Nitin Castings has the lowest at 0.00%.

Peers: The peers of Munish Forge are Tirupati Forge, ANB Metal, Kalyani Forge, Nitin Castings, Krishanveer Forg, Magna Electrocas, Gujarat Intrux, and Smiths & Founder.<BR><BR>Quality Snapshot: Excellent management risk is observed at Krishanveer Forg and Gujarat Intrux, while Average management risk is found at Tirupati Forge, ANB Metal, Kalyani Forge, and Magna Electrocas, and Below Average management risk is noted at Smiths & Founder. Excellent growth is seen at Tirupati Forge and ANB Metal, while Good growth is observed at Kalyani Forge, and Below Average growth is found at Nitin Castings and Krishanveer Forg, with Average growth at Magna Electrocas and Gujarat Intrux. Capital Structure is Excellent for Nitin Castings, Krishanveer Forg, Magna Electrocas, and Gujarat Intrux, Good for Tirupati Forge and ANB Metal, Below Average for Kalyani Forge, and Average for Smiths & Founder.<BR><BR>Return Snapshot: ANB Metal has the highest 1-year return at 87.67%, while Nitin Castings has the lowest at 0.00%. Munish Forge's 1-year return is not available for comparison. Additionally, peers with a negative six-month return include ANB Metal, which is down 14.02%, and Tirupati Forge, which is down 1.13%.

Which are the latest news on Munish Forge?

How big is Munish Forge?

As of 14th August, Munish Forge Ltd has a market capitalization of 204.84 Cr, classifying it as a Micro Cap company. There is no valid financial data available for Net Sales or Net Profit for the latest four quarters.

As of 14th August, <BR><BR>Market Cap: Munish Forge Ltd has a market capitalization of 204.84 Cr, classifying it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for Net Sales or Net Profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The latest reporting period is March 2025, with Shareholder's Funds amounting to 67.40 Cr and Total Assets totaling 161.54 Cr.