MUNISH Share Price | Munish Forge Ltd Stock Analysis & Recommendation

Q: Why is Munish Forge Ltd falling/rising?

As of 10-Feb, Munish Forge Ltd's stock price is falling, currently at Rs 72.75, which reflects a decrease of Rs 2.1 or 2.81%. This decline is evident in the stock's performance over various periods, showing a significant drop of 9.80% over the past week and 23.82% over the past month, while the benchmark Sensex has shown positive returns during these periods. Year-to-date, the stock has decreased by 29.37%, contrasting sharply with the Sensex's minor decline of 0.74%.Additionally, the stock is trading close to its 52-week low, just 2.13% above Rs 71.2. Today's performance indicates that Munish Forge has underperformed its sector by 5.14%. The stock is also trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals a bearish trend. Furthermore, there has been a notable decrease in investor participation, with delivery volume falling by 13.41% compared to the 5-day average. These factors collectively contribute to the downward pressure on Munish Forge Ltd's stock price.

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

2.2 lacs (93.04%) Volume

Shareholding (Sep 2025)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

100.00%

Why is Munish Forge Ltd falling/rising?

11-Feb-2026

As of 10-Feb, Munish Forge Ltd's stock price is at Rs 72.75, down 2.81%, with significant declines over the past week and month, and a year-to-date drop of 29.37%. The stock is near its 52-week low and underperforming its sector, indicating a bearish trend.

View full answer

Which are the latest news on Munish Forge?

11-Feb-2026

No latest news for Munish Forge found.

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Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

Unrated Stock - No Analysis Available

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

Castings & Forgings

Market cap

INR 173 Cr (Micro Cap)

P/E

14.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

1.14

Return on Equity

35.56%

Price to Book

4.27

Revenue and Profits:

Net Sales:

(Quarterly Results - )

Net Profit:

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-24.08%

6 Months

0.0%

1 Year

0.0%

2 Years

0.0%

3 Years

0.0%

4 Years

0.0%

5 Years

0.0%

Munish Forge for the last several years.

Risk Adjusted Returns v/s

Returns Beta

Beta has not been calculated since enough price history is not available

News & Corporate Actions

News

No Recent News for the Company

Announcements

No announcement available

Corporate Actions

BOARD MEETING

No Upcoming Board Meetings

DIVIDEND

No Dividend history available

SPLITS

No Splits history available

BONUS

No Bonus history available

RIGHTS

No Rights history available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

EBIT Growth (5y)

EBIT to Interest (avg)

2.11

Debt to EBITDA (avg)

3.30

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

1.60

Tax Ratio

26.01%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

14.32%

ROCE (avg)

13.78%

ROE (avg)

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

5.14

EV to EBIT

12.15

EV to EBITDA

10.46

EV to Capital Employed

2.94

EV to Sales

1.45

PEG Ratio

Dividend Yield

ROCE (Latest)

24.19%

ROE (Latest)

35.56%

Technicals key factors

Indicator

Weekly

Monthly

No records

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Sep 2025

Shareholding Compare (%holding)

Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Mr. Davinder Bhasin (69.92%)

Highest Public shareholder

Seema Mehra (0%)

Individual Investors Holdings

Financial

[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "alert": "No Quarterly Results declared by Munish Forge"
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      }
    ],
    "table": {
      "header": [
        "Sep'25",
        "",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "82.53",
          "val2": "NA",
          "chgp": "NA",
          "chgp_class": "neutral"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "12.78",
          "val2": "NA",
          "chgp": "NA",
          "chgp_class": "neutral"
        },
        {
          "field": "Interest",
          "val1": "3.16",
          "val2": "NA",
          "chgp": "NA",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "NA",
          "chgp": "NA",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "7.12",
          "val2": "NA",
          "chgp": "NA",
          "chgp_class": "neutral"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "15.49%",
          "val2": "NA%",
          "chgp": "NA",
          "chgp_class": "neutral"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "alert": "No Nine Monthly Results declared by Munish Forge"
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      }
    ],
    "table": {
      "header": [
        "Mar'25",
        "Mar'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "175.45",
          "val2": "159.89",
          "chgp": "9.73%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "24.36",
          "val2": "11.71",
          "chgp": "108.03%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "5.06",
          "val2": "4.10",
          "chgp": "23.41%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "14.44",
          "val2": "5.00",
          "chgp": "188.80%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "13.88%",
          "val2": "7.32%",
          "chgp": "6.56%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]

Half Yearly Results Snapshot (Standalone) - Sep'25

Sep'25

Change(%)

Net Sales

82.53

Operating Profit (PBDIT) excl Other Income

12.78

Interest

3.16

Exceptional Items

0.00

Standalone Net Profit

7.12

Operating Profit Margin (Excl OI)

15.49%

NA%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Half Yearly Results

Annual Results Snapshot (Standalone) - Mar'25

Mar'25

Mar'24

Change(%)

Net Sales

175.45

159.89

9.73%

Operating Profit (PBDIT) excl Other Income

24.36

11.71

108.03%

Interest

5.06

4.10

23.41%

Exceptional Items

0.00

Standalone Net Profit

14.44

5.00

188.80%

Operating Profit Margin (Excl OI)

13.88%

7.32%

6.56%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Annual Results

Company CV

About Munish Forge Ltd

Munish Forge Ltd

Micro Cap

Castings & Forgings

No Details Available.

Company Coordinates

No Company Details Available