Munish Forge

  • Market Cap: Micro Cap
  • Industry: Castings & Forgings
  • ISIN: INE1K8Y01018
  • NSEID: MUNISH
  • BSEID:
INR
73.90
4.9 (7.1%)
BSENSE

Apr 09

BSE+NSE Vol: 18000

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

18.0 k (-29.25%) 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?

04-Apr-2026

As of 03-Apr, Munish Forge Ltd's stock price is rising to 66.00, up 4.68% today, outperforming its sector. However, it has a year-to-date decline of 35.92%, and a significant drop in investor participation suggests mixed signals about its longer-term performance.

As of 03-Apr, Munish Forge Ltd's stock price is rising, currently at 66.00, reflecting a change of 2.95 (4.68%) upward. This increase can be attributed to the stock outperforming its sector by 5.66% today, indicating a stronger performance relative to its peers. Additionally, over the past week, the stock has shown a significant gain of 12.82%, contrasting sharply with the Sensex, which has declined by 2.55% during the same period. <BR><BR>However, it is important to note that despite the current rise, the stock has experienced a year-to-date decline of 35.92%, which is substantially worse than the Sensex's decline of 13.08%. The stock's moving averages indicate that while it is currently above the 5-day and 20-day moving averages, it remains below the longer-term 50-day, 100-day, and 200-day moving averages, suggesting mixed signals regarding its longer-term performance.<BR><BR>Moreover, there has been a notable decrease in investor participation, with delivery volume on April 1 dropping by 97.03% compared to the 5-day average. This decline in trading activity could indicate a lack of confidence among investors, despite the recent price increase. Overall, while Munish Forge Ltd is currently experiencing a rise in stock price, the broader context of its performance and investor behavior presents a more complex picture.

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Why is Munish Forge Ltd falling/rising?

05-Apr-2026

As of 04-Apr, Munish Forge Ltd's stock price is currently at 66.00, reflecting a 4.68% increase today. Despite this rise, the stock has declined 7.69% over the past month and 35.92% year-to-date, with decreased investor participation indicating potential caution.

As of 04-Apr, Munish Forge Ltd's stock price is rising, currently at 66.00, reflecting a change of 2.95 (4.68%) upward. This increase can be attributed to its strong performance today, where it outperformed the sector by 5.66%. Additionally, over the past week, the stock has shown a significant gain of 12.82%, contrasting with a decline of 2.55% in the Sensex during the same period. <BR><BR>However, it is important to note that despite the current rise, the stock has experienced a decline of 7.69% over the past month and a substantial year-to-date drop of 35.92%. The stock's moving averages indicate that while it is currently higher than the 5-day and 20-day moving averages, it remains below the longer-term averages of 50-day, 100-day, and 200-day, suggesting mixed performance over different time frames.<BR><BR>Moreover, there has been a notable decrease in investor participation, with delivery volume on April 1 falling by 97.03% compared to the 5-day average. This decline in trading activity may indicate caution among investors despite the recent price increase. Overall, while Munish Forge Ltd is experiencing a rise in its stock price today, the broader context shows challenges that could impact future performance.

View full answer

Why is Munish Forge Ltd falling/rising?

06-Apr-2026

As of 05-Apr, Munish Forge Ltd's stock price is currently at 66.00, reflecting a 4.68% increase today, but it has declined 7.69% over the past month and 35.92% year-to-date, indicating ongoing volatility and investor caution despite short-term gains. The significant drop in delivery volume suggests a lack of confidence among investors.

As of 05-Apr, Munish Forge Ltd's stock price is rising, currently at 66.00, reflecting an increase of 2.95 (4.68%). This upward movement can be attributed to its strong performance relative to the benchmark, as it has outperformed the sector by 5.66% today. Additionally, the stock has shown a significant weekly gain of 12.82%, contrasting sharply with the Sensex, which has declined by 2.55% over the same period. <BR><BR>However, it is important to note that despite the current rise, the stock has experienced a decline of 7.69% over the past month and a substantial year-to-date drop of 35.92%. This suggests that while there is a short-term positive trend, the longer-term performance remains concerning. The moving averages indicate that the stock is performing better than its 5-day and 20-day averages but is still below its longer-term averages (50-day, 100-day, and 200-day), which may reflect ongoing volatility and investor caution.<BR><BR>Furthermore, there has been a significant decrease in investor participation, with delivery volume dropping by 97.03% against the 5-day average, indicating a potential lack of confidence among investors despite the recent price increase. Overall, while the stock is currently rising, the broader context of its performance suggests a complex situation influenced by both short-term gains and longer-term challenges.

View full answer

Which are the latest news on Munish Forge?

09-Apr-2026
No latest news for Munish Forge found.

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

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Unrated Stock - No Analysis Available
stock-summaryMojo Parameters

Mojo Parameters

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Stock DNA

stock-summary
Industry

Castings & Forgings

stock-summary
Market cap

INR 166 Cr (Micro Cap)

stock-summary
P/E

12.00

stock-summary
Industry P/E

41

stock-summary
Dividend Yield

0.00%

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Debt Equity

1.14

stock-summary
Return on Equity

35.56%

stock-summary
Price to Book

4.13

Revenue and Profits:
Net Sales:
(Quarterly Results - )
Net Profit:
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-22.62%
0%
-22.62%
6 Months
-36.16%
0%
-36.16%
1 Year
0%
0%
0.0%
2 Years
0%
0%
0.0%
3 Years
0%
0%
0.0%
4 Years
0%
0%
0.0%
5 Years
0%
0%
0.0%

Munish Forge for the last several years.

Risk Adjusted Returns v/s stock-summary
Returns Beta
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Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

News

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No Recent News for the Company

Announcements stock-summary

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No announcement available

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

No Dividend history available

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SPLITS

No Splits history available

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BONUS

No Bonus history available

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RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
0
EBIT Growth (5y)
0
EBIT to Interest (avg)
2.11
Debt to EBITDA (avg)
3.30
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.60
Tax Ratio
26.01%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
14.32%
ROCE (avg)
13.78%
ROE (avg)
0

Valuation key factors

Factor
Value
P/E Ratio
12
Industry P/E
0
Price to Book Value
4.33
EV to EBIT
10.57
EV to EBITDA
9.11
EV to Capital Employed
2.56
EV to Sales
1.26
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
24.19%
ROE (Latest)
35.56%

Technicals key factors

Indicator
Weekly
Monthly
MACD
RSI
No Signal
Bollinger Bands
Mildly Bearish
KST
Dow Theory
Mildly Bullish
OBV
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Sep 2025stock-summary
Shareholding Compare (%holding) stock-summary
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

stock-summaryFinancial
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    "btn_text": "All Quarterly Results",
    "alert": "No Quarterly Results declared by Munish Forge"
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "alert": "No Half Yearly Results declared by Munish Forge"
  },
  {
    "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",
    "alert": "No Annual Results declared by Munish Forge"
  }
]
stock-summaryCompany CV
About Munish Forge Ltd stock-summary
stock-summary
Munish Forge Ltd
Micro Cap
Castings & Forgings
No Details Available.
Company Coordinates stock-summary
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No Company Details Available