Forge Auto

Market Cap: Micro Cap
Industry: Castings & Forgings
ISIN: INE0YKW01013
NSEID: FORGEAUTO
BSEID:

INR

121.00

0.00 (0.00%)

BSENSE

Dec 05

BSE+NSE Vol: 1200

{
  "main_header": {
    "sid": 10039427,
    "name": "Forge Auto",
    "stock_name": "Forge Auto",
    "full_name": "Forge Auto International Ltd",
    "name_url": "stocks-analysis/forge-auto",
    "exchange": 1,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "121.00",
    "chg": "0.00",
    "chgp": "0.00%",
    "dir": 0,
    "prev_price": "121.00",
    "mcapval": "132.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": "",
    "symbol": "FORGEAUTO",
    "ind_name": "Castings & Forgings",
    "ind_code": 38,
    "indexname": "",
    "isin": "INE0YKW01013",
    "curr_date": "Dec 05",
    "curr_time": "",
    "bse_nse_vol": 1200,
    "exc_status": "Active",
    "traded_date": "Dec 05, 2025",
    "traded_date_str": "2025 12 05",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 1,
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  "news": {
    "results": [
      {
        "title": "Why is Forge Auto falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-forge-auto-fallingrising-3722365",
        "imagepath": "",
        "date": "2025-11-22 01:38:03",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Strong Year-to-Date and Annual Returns Drive Investor Confidence</strong></p>\n<p>Despite a modest decline over the past week and month, Forge Auto's stock has delivered exceptional returns year-to-date, appreciating by 75.11%, markedly outpacing the Sensex's 10.25% gain over the same period. Over the last twelve months, the stock has surged 62.35%, compared to the benchmark's 11.64% rise. These figures underscore the company's strong growth trajectory and have likely contributed to renewed investor interest, culminating in today's sharp price increase.</p>\n<p><strong>Outperformance Against Sector and Moving Average Trends</strong></p>\n<p>On 21-Nov, Forge Auto outperformed its sector by 8.96%, signalling a positive shift in market sentiment towards the stock. The share price currently trades ..."
      },
      {
        "title": "Why is Forge Auto falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-forge-auto-fallingrising-3716624",
        "imagepath": "",
        "date": "2025-11-20 00:32:54",
        "description": "As of 19-Nov, Forge Auto International Ltd is experiencing a decline in its stock price, currently at 130.15, which reflects a decrease of 8.8 points or 6.33%. The stock has underperformed its sector by 8.33% today, and its delivery volume has significantly dropped by 80% compared to the 5-day average, indicating falling investor participation. While the stock has shown a strong year-to-date return of 69.14% and a one-year return of 53.21%, it has struggled recently with a monthly decline of 9.59%. The stock is currently trading above its 200-day moving average but below its shorter-term moving averages, suggesting mixed signals regarding its momentum.\n\nIn the broader market context, the Sensex has gained 0.68% over the past week, contrasting with Forge Auto's 2.48% increase during the same period, highlighting the stock's relative weakness. Despite the stock's strong long-term performance, the recent downt..."
      },
      {
        "title": "Is Forge Auto overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-forge-auto-overvalued-or-undervalued-3709982",
        "imagepath": "",
        "date": "2025-11-18 08:26:13",
        "description": "As of 17 November 2025, the valuation grade for Forge Auto has moved from very expensive to expensive. The company is currently considered overvalued based on its financial metrics. Key ratios include a PE ratio of 15.92, an EV to EBITDA of 10.45, and a ROE of 16.37%. \n\nWhen compared to peers, Forge Auto's valuation appears high; for instance, Bharat Forge has a PE ratio of 61.18 and EV to EBITDA of 26.21, while CIE Automotive, which is rated attractive, has a PE of 20.38 and an EV to EBITDA of 12.10. Additionally, Forge Auto's recent stock performance has outpaced the Sensex, with a year-to-date return of 80.57% compared to the Sensex's 10.02%, which further highlights its current overvaluation...."
      },
      {
        "title": "Why is Forge Auto falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-forge-auto-fallingrising-3709474",
        "imagepath": "",
        "date": "2025-11-18 00:18:36",
        "description": "As of 17-Nov, Forge Auto International Ltd is experiencing a price increase, with its current price at 138.95, reflecting a rise of 1.95 or 1.42%. The stock has shown strong performance today, outperforming its sector by 1.79%. In terms of returns, the stock has increased by 7.71% over the past week, although it has seen a decline of 3.47% over the past month. Year-to-date, the stock has performed exceptionally well with an increase of 80.57%, significantly outpacing the benchmark Sensex, which has risen by only 10.02%. However, there is a notable decline in investor participation, as evidenced by a 72.97% drop in delivery volume compared to the 5-day average, which may indicate some caution among investors.\n\nBroader Market Context: In the short term, Forge Auto's performance has been robust compared to the Sensex, which has only gained 1.72% over the past week. This indicates that while the stock is curren..."
      },
      {
        "title": "Is Forge Auto overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-forge-auto-overvalued-or-undervalued-3706125",
        "imagepath": "",
        "date": "2025-11-17 08:11:47",
        "description": "As of 14 November 2025, the valuation grade for Forge Auto has moved from expensive to very expensive. The company is currently considered overvalued based on its financial metrics. Key ratios include a PE Ratio of 15.70, an EV to EBITDA of 10.33, and a Price to Book Value of 2.57, which indicate that the stock is priced higher relative to its earnings and book value compared to peers.\n\nIn comparison to its industry peers, Forge Auto's valuation metrics appear significantly higher than those of Bharat Forge, which has a PE of 61.68 and is rated fair, and CIE Automotive, rated attractive with a PE of 20.34. This suggests that Forge Auto may not justify its current price given the valuation of its competitors. Additionally, while the stock has performed well year-to-date with a return of 78.04% compared to the Sensex's 9.58%, the elevated valuation raises concerns about its sustainability moving forward...."
      },
      {
        "title": "Is Forge Auto overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-forge-auto-overvalued-or-undervalued-3705485",
        "imagepath": "",
        "date": "2025-11-16 08:11:23",
        "description": "As of 14 November 2025, the valuation grade for Forge Auto has moved from expensive to very expensive, indicating a significant shift in its market perception. The company is currently considered overvalued. Key ratios include a PE ratio of 15.70, an EV to EBITDA of 10.33, and a ROE of 16.37%. \n\nIn comparison to its peers, Forge Auto's valuation appears starkly higher than Bharat Forge, which has a PE ratio of 61.68 and is rated fair, and CIE Automotive, rated attractive with a PE of 20.34. This suggests that Forge Auto's valuation does not align with its performance metrics relative to its competitors. Additionally, while Forge Auto has outperformed the Sensex with a year-to-date return of 78.04% compared to the Sensex's 9.58%, the current high valuation raises concerns about sustainability moving forward...."
      },
      {
        "title": "Is Forge Auto overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-forge-auto-overvalued-or-undervalued-3704690",
        "imagepath": "",
        "date": "2025-11-15 08:11:21",
        "description": "As of 14 November 2025, the valuation grade for Forge Auto has moved from expensive to very expensive, indicating a significant shift in its perceived value. The company is currently considered overvalued. Key ratios include a PE ratio of 15.70, an EV to EBITDA of 10.33, and a ROE of 16.37%. \n\nIn comparison to its peers, Forge Auto's PE ratio is notably lower than that of Bharat Forge, which stands at 61.68, and Sona BLW Precision, at 48.16, both of which are classified as very expensive. Additionally, CIE Automotive, rated as attractive, has a PE ratio of 20.34, further highlighting the disparity in valuation within the industry. Despite a strong year-to-date return of 78.04% compared to the Sensex's 9.58%, the current valuation suggests that Forge Auto may not sustain its high market price relative to its earnings potential...."
      },
      {
        "title": "How has been the historical performance of Forge Auto?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-forge-auto-3704386",
        "imagepath": "",
        "date": "2025-11-15 00:37:04",
        "description": "Answer:\nThe historical performance of Forge Auto shows a positive trend in key financial metrics over the past three years.\n\nBreakdown:\nForge Auto's net sales increased from 176.65 Cr in Mar'23 to 209.89 Cr in Mar'25, indicating a growth trajectory. Total operating income followed a similar pattern, rising from 176.65 Cr to 209.89 Cr during the same period. However, raw material costs also increased significantly, from 112.91 Cr in Mar'23 to 134.47 Cr in Mar'25. Despite this, the operating profit (PBDIT) improved from 12.39 Cr in Mar'23 to 20.53 Cr in Mar'25, reflecting an enhanced operating profit margin that rose from 6.45% to 8.46%. Profit before tax also saw a notable increase, climbing from 6.93 Cr in Mar'23 to 13.20 Cr in Mar'25, while profit after tax rose from 4.96 Cr to 9.53 Cr, resulting in a PAT margin improvement from 2.81% to 4.54%. On the balance sheet, total liabilities increased from 94.94 C..."
      },
      {
        "title": "Why is Forge Auto falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-forge-auto-fallingrising-3695463",
        "imagepath": "",
        "date": "2025-11-13 00:25:57",
        "description": "As of 12-Nov, Forge Auto International Ltd is experiencing a decline in its stock price, currently at 127.00, which reflects a decrease of 2.0 or 1.55%. The stock has underperformed its sector today by 0.81%, and its delivery volume has significantly dropped by 64.29% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has decreased by 4.11%, and it has seen a substantial decline of 15.19% over the past month, contrasting with a year-to-date increase of 65.04%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.\n\nBroader Market Context: In comparison to the benchmark Sensex, which has gained 1.09% over the past week and 2.34% over the past month, Forge Auto's performance has been notably weaker. This underperformance suggests that while the broader market is experie..."
      }
    ],
    "total": 105,
    "sid": "10039427",
    "stock_news_url": "https://www.marketsmojo.com/news/forge-auto-international-10039427"
  },
  "announcements": "",
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "No <strong>Dividend</strong> history available",
      "data": []
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Why is Forge Auto falling/rising?

2025-11-22 01:38:03

Strong Year-to-Date and Annual Returns Drive Investor Confidence

Despite a modest decline over the past week and month, Forge Auto's stock has delivered exceptional returns year-to-date, appreciating by 75.11%, markedly outpacing the Sensex's 10.25% gain over the same period. Over the last twelve months, the stock has surged 62.35%, compared to the benchmark's 11.64% rise. These figures underscore the company's strong growth trajectory and have likely contributed to renewed investor interest, culminating in today's sharp price increase.

Outperformance Against Sector and Moving Average Trends

On 21-Nov, Forge Auto outperformed its sector by 8.96%, signalling a positive shift in market sentiment towards the stock. The share price currently trades ...

Why is Forge Auto falling/rising?

2025-11-20 00:32:54

As of 19-Nov, Forge Auto International Ltd is experiencing a decline in its stock price, currently at 130.15, which reflects a decrease of 8.8 points or 6.33%. The stock has underperformed its sector by 8.33% today, and its delivery volume has significantly dropped by 80% compared to the 5-day average, indicating falling investor participation. While the stock has shown a strong year-to-date return of 69.14% and a one-year return of 53.21%, it has struggled recently with a monthly decline of 9.59%. The stock is currently trading above its 200-day moving average but below its shorter-term moving averages, suggesting mixed signals regarding its momentum. In the broader market context, the Sensex has gained 0.68% over the past week, contrasting with Forge Auto's 2.48% increase during the same period, highlighting the stock's relative weakness. Despite the stock's strong long-term performance, the recent downt...

Is Forge Auto overvalued or undervalued?

2025-11-18 08:26:13

As of 17 November 2025, the valuation grade for Forge Auto has moved from very expensive to expensive. The company is currently considered overvalued based on its financial metrics. Key ratios include a PE ratio of 15.92, an EV to EBITDA of 10.45, and a ROE of 16.37%. When compared to peers, Forge Auto's valuation appears high; for instance, Bharat Forge has a PE ratio of 61.18 and EV to EBITDA of 26.21, while CIE Automotive, which is rated attractive, has a PE of 20.38 and an EV to EBITDA of 12.10. Additionally, Forge Auto's recent stock performance has outpaced the Sensex, with a year-to-date return of 80.57% compared to the Sensex's 10.02%, which further highlights its current overvaluation....

Why is Forge Auto falling/rising?

2025-11-18 00:18:36

As of 17-Nov, Forge Auto International Ltd is experiencing a price increase, with its current price at 138.95, reflecting a rise of 1.95 or 1.42%. The stock has shown strong performance today, outperforming its sector by 1.79%. In terms of returns, the stock has increased by 7.71% over the past week, although it has seen a decline of 3.47% over the past month. Year-to-date, the stock has performed exceptionally well with an increase of 80.57%, significantly outpacing the benchmark Sensex, which has risen by only 10.02%. However, there is a notable decline in investor participation, as evidenced by a 72.97% drop in delivery volume compared to the 5-day average, which may indicate some caution among investors. Broader Market Context: In the short term, Forge Auto's performance has been robust compared to the Sensex, which has only gained 1.72% over the past week. This indicates that while the stock is curren...

Is Forge Auto overvalued or undervalued?

2025-11-17 08:11:47

As of 14 November 2025, the valuation grade for Forge Auto has moved from expensive to very expensive. The company is currently considered overvalued based on its financial metrics. Key ratios include a PE Ratio of 15.70, an EV to EBITDA of 10.33, and a Price to Book Value of 2.57, which indicate that the stock is priced higher relative to its earnings and book value compared to peers. In comparison to its industry peers, Forge Auto's valuation metrics appear significantly higher than those of Bharat Forge, which has a PE of 61.68 and is rated fair, and CIE Automotive, rated attractive with a PE of 20.34. This suggests that Forge Auto may not justify its current price given the valuation of its competitors. Additionally, while the stock has performed well year-to-date with a return of 78.04% compared to the Sensex's 9.58%, the elevated valuation raises concerns about its sustainability moving forward....

Is Forge Auto overvalued or undervalued?

2025-11-16 08:11:23

As of 14 November 2025, the valuation grade for Forge Auto has moved from expensive to very expensive, indicating a significant shift in its market perception. The company is currently considered overvalued. Key ratios include a PE ratio of 15.70, an EV to EBITDA of 10.33, and a ROE of 16.37%. In comparison to its peers, Forge Auto's valuation appears starkly higher than Bharat Forge, which has a PE ratio of 61.68 and is rated fair, and CIE Automotive, rated attractive with a PE of 20.34. This suggests that Forge Auto's valuation does not align with its performance metrics relative to its competitors. Additionally, while Forge Auto has outperformed the Sensex with a year-to-date return of 78.04% compared to the Sensex's 9.58%, the current high valuation raises concerns about sustainability moving forward....

Is Forge Auto overvalued or undervalued?

2025-11-15 08:11:21

As of 14 November 2025, the valuation grade for Forge Auto has moved from expensive to very expensive, indicating a significant shift in its perceived value. The company is currently considered overvalued. Key ratios include a PE ratio of 15.70, an EV to EBITDA of 10.33, and a ROE of 16.37%. In comparison to its peers, Forge Auto's PE ratio is notably lower than that of Bharat Forge, which stands at 61.68, and Sona BLW Precision, at 48.16, both of which are classified as very expensive. Additionally, CIE Automotive, rated as attractive, has a PE ratio of 20.34, further highlighting the disparity in valuation within the industry. Despite a strong year-to-date return of 78.04% compared to the Sensex's 9.58%, the current valuation suggests that Forge Auto may not sustain its high market price relative to its earnings potential....

How has been the historical performance of Forge Auto?

2025-11-15 00:37:04

Answer: The historical performance of Forge Auto shows a positive trend in key financial metrics over the past three years. Breakdown: Forge Auto's net sales increased from 176.65 Cr in Mar'23 to 209.89 Cr in Mar'25, indicating a growth trajectory. Total operating income followed a similar pattern, rising from 176.65 Cr to 209.89 Cr during the same period. However, raw material costs also increased significantly, from 112.91 Cr in Mar'23 to 134.47 Cr in Mar'25. Despite this, the operating profit (PBDIT) improved from 12.39 Cr in Mar'23 to 20.53 Cr in Mar'25, reflecting an enhanced operating profit margin that rose from 6.45% to 8.46%. Profit before tax also saw a notable increase, climbing from 6.93 Cr in Mar'23 to 13.20 Cr in Mar'25, while profit after tax rose from 4.96 Cr to 9.53 Cr, resulting in a PAT margin improvement from 2.81% to 4.54%. On the balance sheet, total liabilities increased from 94.94 C...

Why is Forge Auto falling/rising?

2025-11-13 00:25:57

As of 12-Nov, Forge Auto International Ltd is experiencing a decline in its stock price, currently at 127.00, which reflects a decrease of 2.0 or 1.55%. The stock has underperformed its sector today by 0.81%, and its delivery volume has significantly dropped by 64.29% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has decreased by 4.11%, and it has seen a substantial decline of 15.19% over the past month, contrasting with a year-to-date increase of 65.04%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement. Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.09% over the past week and 2.34% over the past month, Forge Auto's performance has been notably weaker. This underperformance suggests that while the broader market is experie...

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