Munish Forge

Why is Munish Forge Ltd falling/rising?

As of 27-Jun, Munish Forge Ltd's stock price is at 69.00, reflecting a 4.1% decline. The stock has underperformed the Sensex both in the short and long term, with significant year-to-date losses and declining investor participation.

As of 27-Jun, Munish Forge Ltd's stock price is falling, currently at 69.00, which reflects a decrease of 2.95 or 4.1%. This decline can be attributed to several factors. Over the past week, the stock has underperformed the benchmark Sensex, gaining 9.52% compared to the Sensex's slight decline of 0.46%. However, in the longer term, the stock has shown a negative trend, with a 1-month decline of 3.50% while the Sensex has increased by 0.10%. Year-to-date, Munish Forge Ltd has decreased by 33.01%, significantly underperforming the Sensex, which has only fallen by 7.94%.<BR><BR>Today's performance indicates that the stock has underperformed its sector by 4.7%. Additionally, investor participation appears to be declining, as evidenced by a delivery volume of 42,000 shares on June 24, which is down by 78.81% compared to the 5-day average. While the stock is currently trading above its 5-day, 20-day, and 50-day moving averages, it remains below the 100-day and 200-day moving averages, suggesting a bearish trend in the longer term. Overall, these factors contribute to the current downward movement in Munish Forge Ltd's stock price.

Which are the latest news on Munish Forge?

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 141 Cr. It has a P/E ratio of 13.00, no reported sales or profits for the latest quarter, 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 141 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 13.00<BR>Industry P/E: 46<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.31<BR>Return on Equity (ROE): 8.31%<BR>Price-to-Book: 1.12<BR><BR>Contact Details:<BR>Registrar Address: Not available.

How big is Munish Forge?

Summary could not be generated.

As of 10th June, Munish Forge Ltd has a market capitalization of 141.00 Cr, which categorizes it as a Micro Cap company.<BR><BR>Recent quarterly performance data is unavailable, so there are no figures for Net Sales or Net Profit for the latest four quarters.<BR><BR>In the balance sheet snapshot for the reporting period of March 2025, Shareholder's Funds are valued at 67.40 Cr, and Total Assets amount to 161.54 Cr.

Who are the peers of the Munish Forge?

Munish Forge's peers include Kalyani Forge, Forge Auto, Hilton Met.Forg., Krishanveer Forg, Samrat Forgings, Gujarat Intrux, Super Iron, Nitin Castings, and Magna Electrocas. Performance varies, with Forge Auto showing the highest 1-year return at 1.09% and Hilton Met.Forg. the lowest at -67.34%.

Peers: The peers of Munish Forge are Kalyani Forge, Forge Auto, Hilton Met.Forg., Krishanveer Forg, Samrat Forgings, Gujarat Intrux, Super Iron, Nitin Castings, and Magna Electrocas.<BR><BR>Quality Snapshot: Excellent management risk is observed at Krishanveer Forg and Gujarat Intrux, while Good management risk is found at Forge Auto and Kalyani Forge. Average management risk is present at Samrat Forgings, Nitin Castings, and Magna Electrocas, while Below Average management risk is noted at Hilton Met.Forg. and Super Iron. Growth is Excellent at Super Iron, Good at Kalyani Forge and Magna Electrocas, Average at Hilton Met.Forg. and Gujarat Intrux, and Below Average at Forge Auto, Krishanveer Forg, Samrat Forgings, and the rest. Capital Structure is Excellent at Krishanveer Forg, Gujarat Intrux, and Nitin Castings, while Below Average is seen at Kalyani Forge, Hilton Met.Forg., Samrat Forgings, and Super Iron, with Average at Forge Auto and Magna Electrocas.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Forge Auto at 1.09%, while the peer with the lowest is Hilton Met.Forg. at -67.34%. Munish Forge's 1-year return is not available for comparison. Additionally, Kalyani Forge, Hilton Met.Forg., and Super Iron have negative six-month returns.