Kalyani Forge

{
  "main_header": {
    "sid": 348836,
    "name": "Kalyani Forge",
    "stock_name": "Kalyani Forge",
    "full_name": "Kalyani Forge Ltd",
    "name_url": "stocks-analysis/kalyani-forge",
    "exchange": 0,
    "exchangecode": "",
    "primexch": 1,
    "country_id": 34,
    "currency": "INR",
    "cmp": "560.00",
    "chg": -29.85,
    "chgp": "-5.06%",
    "dir": -1,
    "prev_price": "589.85",
    "mcapval": "200.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 513509,
    "symbol": "KALYANIFRG",
    "ind_name": "Castings & Forgings",
    "ind_code": 38,
    "indexname": "India SENSEX",
    "isin": "INE314G01014",
    "curr_date": "Mar 20",
    "curr_time": "",
    "bse_nse_vol": "1.1 k",
    "exc_status": "Active",
    "traded_date": "Mar 20, 2026",
    "traded_date_str": "2026 03 20",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-register-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/kalyani-forge-348836-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Kalyani Forge Ltd Downgraded to Strong Sell Amid Weak Financials and Bearish Technicals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/kalyani-forge-ltd-downgraded-to-strong-sell-amid-weak-financials-and-bearish-technicals-3882106",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/KalyaniForgeLtd_mojoScore_3882106.png",
        "date": "2026-03-10 08:19:04",
        "description": "Kalyani Forge Ltd, a key player in the Castings & Forgings sector, has been downgraded from a Sell to a Strong Sell rating by MarketsMOJO as of 09 Mar 2026. This decisive change reflects deteriorating technical indicators, disappointing financial trends, and subdued quality metrics, signalling caution for investors amid a challenging market environment."
      },
      {
        "title": "Kalyani Forge Ltd Upgraded from Strong Sell to Sell on Technical Improvements",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/kalyani-forge-ltd-upgraded-from-strong-sell-to-sell-on-technical-improvements-3865946",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/3/KalyaniForgeLtd_mojoScore_3865946.png",
        "date": "2026-03-03 08:30:20",
        "description": "Kalyani Forge Ltd, a key player in the Castings & Forgings sector, has seen its investment rating upgraded from Strong Sell to Sell as of 2 March 2026. This change is primarily driven by a shift in technical indicators, despite ongoing challenges in financial performance and valuation metrics. The company’s stock has shown resilience with notable returns over the medium to long term, yet fundamental concerns remain, prompting a cautious stance from analysts."
      },
      {
        "title": "Kalyani Forge Ltd Downgraded to Strong Sell Amid Weak Financials and Bearish Technicals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/kalyani-forge-ltd-downgraded-to-strong-sell-amid-weak-financials-and-bearish-technicals-3854831",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/KalyaniForgeLtd_mojoScore_3854831.png",
        "date": "2026-02-25 08:12:41",
        "description": "Kalyani Forge Ltd, a key player in the Castings & Forgings sector, has seen its investment rating downgraded from Sell to Strong Sell as of 24 Feb 2026. This revision reflects deteriorating technical indicators, disappointing financial trends, and concerns over valuation and quality metrics. The company’s shares closed at ₹621.50 on 25 Feb 2026, down 2.42% from the previous close, signalling investor caution amid a challenging market environment."
      },
      {
        "title": "Kalyani Forge Ltd Upgraded to Sell on Technical Improvements Despite Financial Challenges",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/kalyani-forge-ltd-upgraded-to-sell-on-technical-improvements-despite-financial-challenges-3841853",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/KalyaniForgeLtd_mojoScore_3841853.png",
        "date": "2026-02-16 08:22:42",
        "description": "Kalyani Forge Ltd, a key player in the Castings & Forgings sector, has seen its investment rating upgraded from Strong Sell to Sell as of 13 Feb 2026, driven primarily by improvements in technical indicators despite ongoing financial headwinds. This nuanced shift reflects a complex interplay of quality, valuation, financial trends, and technical factors that investors should carefully consider."
      },
      {
        "title": "Kalyani Forge Gains 9.26%: 2 Key Factors Driving the Weekly Surge",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/kalyani-forge-gains-926-2-key-factors-driving-the-weekly-surge-3840231",
        "imagepath": "",
        "date": "2026-02-14 17:18:07",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>Feb 09:</strong> Downgrade to Strong Sell amid weak financials and bearish technicals</p>\n                    <p><strong>Feb 12:</strong> Q3 FY26 results reveal margin recovery but raise profitability concerns</p>\n                    <p><strong>Feb 13:</strong> Stock surges 8.36% on heavy volume, closing at Rs.662.10</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.606.00</div></div>\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Close</div><div class=\"stat-value\">Rs.662.10</div><div class=\"stat-change positive\">+9.26%</div></div>..."
      },
      {
        "title": "Are Kalyani Forge Ltd latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-kalyani-forge-ltd-latest-results-good-or-bad-3835736",
        "imagepath": "",
        "date": "2026-02-12 19:49:07",
        "description": "Kalyani Forge Ltd's latest financial results for Q3 FY26 reveal a complex operational landscape characterized by both progress and significant challenges. The company reported net sales of ₹57.86 crores, reflecting a modest sequential growth of 3.93% from the previous quarter, although this figure represents a slight decline of 1.30% compared to the same quarter last year. This indicates ongoing volatility in revenue generation as the company navigates a competitive manufacturing environment.\n\nNotably, Kalyani Forge achieved an operating margin of 15.14%, marking the highest level in eight quarters. This improvement suggests enhanced operational efficiency and cost management. However, the company's net profit fell to a loss of ₹0.12 crores, primarily due to an extraordinary tax charge that resulted in an effective tax rate of 103.04%. This anomaly has raised concerns regarding the sustainability of profita..."
      },
      {
        "title": "Kalyani Forge Q3 FY26: Margin Recovery Overshadowed by Profitability Concerns",
        "link": "https://www.marketsmojo.com/news/result-analysis/kalyani-forge-q3-fy26-margin-recovery-overshadowed-by-profitability-concerns-3835051",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/KalyaniForge_quaterlyResult_3835051.png",
        "date": "2026-02-12 09:37:18",
        "description": "Kalyani Forge Ltd., a micro-cap player in India's castings and forgings industry with a market capitalisation of ₹218.00 crores, reported a troubling Q3 FY26 performance that saw the company slip into losses despite operational improvements. The company posted a net loss of ₹0.12 crores for the quarter ended December 2025, marking a stark reversal from the ₹2.15 crores profit recorded in Q2 FY26 and the ₹1.82 crores profit in Q3 FY25. The stock has responded negatively to the company's ongoing challenges, declining 0.70% in recent trading and underperforming the broader market significantly over multiple timeframes."
      },
      {
        "title": "Are Kalyani Forge Ltd latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-kalyani-forge-ltd-latest-results-good-or-bad-3833466",
        "imagepath": "",
        "date": "2026-02-11 19:38:59",
        "description": "Kalyani Forge Ltd's latest financial results for Q2 FY26 indicate a challenging operational environment. The company reported net sales of ₹55.67 crores, reflecting a year-on-year decline of 10.69% and a quarter-on-quarter decrease of 13.19%. This marks the lowest revenue level in recent quarters, suggesting potential demand softness or specific challenges within its precision forging segment.\n\nNet profit for the quarter was ₹2.15 crores, which represents a significant year-on-year decline of 45.15%. This decline is attributed to rising interest costs, which increased by 53.80% compared to the previous year, alongside normalising tax rates. Despite these challenges, Kalyani Forge did see an improvement in its operating margin, which rose to 11.77% from 9.26% in the previous quarter, indicating better cost management and operational efficiency.\n\nThe company's return on equity (ROE) remains modest at 4.97%, w..."
      },
      {
        "title": "Kalyani Forge Ltd Downgraded to Strong Sell Amid Weak Financials and Bearish Technicals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/kalyani-forge-ltd-downgraded-to-strong-sell-amid-weak-financials-and-bearish-technicals-3828015",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/KalyaniForgeLtd_mojoScore_3828015.png",
        "date": "2026-02-09 08:12:01",
        "description": "Kalyani Forge Ltd has been downgraded from a Sell to a Strong Sell rating as of 6 February 2026, reflecting deteriorating technical indicators and disappointing financial performance. The company’s Mojo Score has declined to 28.0, signalling heightened risk for investors amid bearish trends and weak fundamentals in the castings and forgings sector."
      }
    ],
    "total": 172,
    "sid": "348836",
    "stock_news_url": "https://www.marketsmojo.com/news/kalyani-forge-348836"
  },
  "announcements": [
    {
      "caption": "Shareholder Meeting / Postal Ballot-Scrutinizers Report",
      "datetime": "06-Mar-2026",
      "details": "Kalyani Forge has submitted the Exchange the copy of a Srutinizers report of Postal Ballot. Further the company has informed the Exchange regarding voting results.",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer",
      "datetime": "21-Feb-2026",
      "details": "Kalyani Forge Limited has informed the Exchange regarding Resignation of Ms Aishwarya Parwal as Company Secretary & Compliance Officer of the company w.e.f. February 21 2026.",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Earnings Call Transcript",
      "datetime": "17-Feb-2026",
      "details": "Kalyani Forge Limited has informed the Exchange about the Transcript",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Kalyani Forge Ltd has declared <strong>40%</strong> dividend, ex-date: 22 Aug 25",
          "dt": "2025-08-22",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "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

Kalyani Forge Ltd Downgraded to Strong Sell Amid Weak Financials and Bearish Technicals

2026-03-10 08:19:04

Kalyani Forge Ltd, a key player in the Castings & Forgings sector, has been downgraded from a Sell to a Strong Sell rating by MarketsMOJO as of 09 Mar 2026. This decisive change reflects deteriorating technical indicators, disappointing financial trends, and subdued quality metrics, signalling caution for investors amid a challenging market environment.

Read full news article

Kalyani Forge Ltd Upgraded from Strong Sell to Sell on Technical Improvements

2026-03-03 08:30:20

Kalyani Forge Ltd, a key player in the Castings & Forgings sector, has seen its investment rating upgraded from Strong Sell to Sell as of 2 March 2026. This change is primarily driven by a shift in technical indicators, despite ongoing challenges in financial performance and valuation metrics. The company’s stock has shown resilience with notable returns over the medium to long term, yet fundamental concerns remain, prompting a cautious stance from analysts.

Read full news article

Kalyani Forge Ltd Downgraded to Strong Sell Amid Weak Financials and Bearish Technicals

2026-02-25 08:12:41

Kalyani Forge Ltd, a key player in the Castings & Forgings sector, has seen its investment rating downgraded from Sell to Strong Sell as of 24 Feb 2026. This revision reflects deteriorating technical indicators, disappointing financial trends, and concerns over valuation and quality metrics. The company’s shares closed at ₹621.50 on 25 Feb 2026, down 2.42% from the previous close, signalling investor caution amid a challenging market environment.

Read full news article

Kalyani Forge Ltd Upgraded to Sell on Technical Improvements Despite Financial Challenges

2026-02-16 08:22:42

Kalyani Forge Ltd, a key player in the Castings & Forgings sector, has seen its investment rating upgraded from Strong Sell to Sell as of 13 Feb 2026, driven primarily by improvements in technical indicators despite ongoing financial headwinds. This nuanced shift reflects a complex interplay of quality, valuation, financial trends, and technical factors that investors should carefully consider.

Read full news article

Kalyani Forge Gains 9.26%: 2 Key Factors Driving the Weekly Surge

2026-02-14 17:18:07

Key Events This Week

Feb 09: Downgrade to Strong Sell amid weak financials and bearish technicals

Feb 12: Q3 FY26 results reveal margin recovery but raise profitability concerns

Feb 13: Stock surges 8.36% on heavy volume, closing at Rs.662.10

Week Open

Rs.606.00

Week Close

Rs.662.10

+9.26%

...

Read full news article

Are Kalyani Forge Ltd latest results good or bad?

2026-02-12 19:49:07

Kalyani Forge Ltd's latest financial results for Q3 FY26 reveal a complex operational landscape characterized by both progress and significant challenges. The company reported net sales of ₹57.86 crores, reflecting a modest sequential growth of 3.93% from the previous quarter, although this figure represents a slight decline of 1.30% compared to the same quarter last year. This indicates ongoing volatility in revenue generation as the company navigates a competitive manufacturing environment. Notably, Kalyani Forge achieved an operating margin of 15.14%, marking the highest level in eight quarters. This improvement suggests enhanced operational efficiency and cost management. However, the company's net profit fell to a loss of ₹0.12 crores, primarily due to an extraordinary tax charge that resulted in an effective tax rate of 103.04%. This anomaly has raised concerns regarding the sustainability of profita...

Read full news article

Kalyani Forge Q3 FY26: Margin Recovery Overshadowed by Profitability Concerns

2026-02-12 09:37:18

Kalyani Forge Ltd., a micro-cap player in India's castings and forgings industry with a market capitalisation of ₹218.00 crores, reported a troubling Q3 FY26 performance that saw the company slip into losses despite operational improvements. The company posted a net loss of ₹0.12 crores for the quarter ended December 2025, marking a stark reversal from the ₹2.15 crores profit recorded in Q2 FY26 and the ₹1.82 crores profit in Q3 FY25. The stock has responded negatively to the company's ongoing challenges, declining 0.70% in recent trading and underperforming the broader market significantly over multiple timeframes.

Read full news article

Are Kalyani Forge Ltd latest results good or bad?

2026-02-11 19:38:59

Kalyani Forge Ltd's latest financial results for Q2 FY26 indicate a challenging operational environment. The company reported net sales of ₹55.67 crores, reflecting a year-on-year decline of 10.69% and a quarter-on-quarter decrease of 13.19%. This marks the lowest revenue level in recent quarters, suggesting potential demand softness or specific challenges within its precision forging segment. Net profit for the quarter was ₹2.15 crores, which represents a significant year-on-year decline of 45.15%. This decline is attributed to rising interest costs, which increased by 53.80% compared to the previous year, alongside normalising tax rates. Despite these challenges, Kalyani Forge did see an improvement in its operating margin, which rose to 11.77% from 9.26% in the previous quarter, indicating better cost management and operational efficiency. The company's return on equity (ROE) remains modest at 4.97%, w...

Read full news article

Kalyani Forge Ltd Downgraded to Strong Sell Amid Weak Financials and Bearish Technicals

2026-02-09 08:12:01

Kalyani Forge Ltd has been downgraded from a Sell to a Strong Sell rating as of 6 February 2026, reflecting deteriorating technical indicators and disappointing financial performance. The company’s Mojo Score has declined to 28.0, signalling heightened risk for investors amid bearish trends and weak fundamentals in the castings and forgings sector.

Read full news article

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