Maiden Forgings

{
  "main_header": {
    "sid": 1003826,
    "name": "Maiden Forgings",
    "stock_name": "Maiden Forgings",
    "full_name": "Maiden Forgings Ltd",
    "name_url": "stocks-analysis/maiden-forgings",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "88.49",
    "chg": -0.16,
    "chgp": "-0.18%",
    "dir": -1,
    "prev_price": "88.65",
    "mcapval": "126.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 543874,
    "symbol": "",
    "ind_name": "Iron & Steel Products",
    "ind_code": 23,
    "indexname": "",
    "isin": "INE0O1T01010",
    "curr_date": "Feb 03",
    "curr_time": "",
    "bse_nse_vol": 4000,
    "exc_status": "Active",
    "traded_date": "Feb 03, 2026",
    "traded_date_str": "2026 02 03",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
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  "news": {
    "results": [
      {
        "title": "Why is Maiden Forgings falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-maiden-forgings-fallingrising-3756935",
        "imagepath": "",
        "date": "2025-12-12 01:13:26",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Robust Price Performance Against Benchmarks</strong></p>\n<p>Maiden Forgings has outperformed the Sensex across multiple time frames, underscoring its resilience and appeal among investors. Over the past week, the stock appreciated by 2.39%, while the Sensex declined by 0.52%. This trend extends over the last month, with Maiden Forgings gaining 4.77% compared to the Sensex’s modest 1.13% rise. Year-to-date, the stock has delivered a remarkable 15.77% return, nearly doubling the Sensex’s 8.55% gain. Even on a one-year horizon, Maiden Forgings outpaced the benchmark with a 12.50% increase versus the Sensex’s 4.04%. Such consistent outperformance highlights the stock’s strong fundamentals and market positioning.</p>\n<p><strong>New 52-Week High and Intraday Strength</strong></p>\n<p>On 11-Dec, Mai..."
      },
      {
        "title": "Is Maiden Forgings overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-maiden-forgings-overvalued-or-undervalued-3713745",
        "imagepath": "",
        "date": "2025-11-19 08:12:26",
        "description": "As of 18 November 2025, Maiden Forgings' valuation grade has moved from expensive to very expensive, indicating a significant increase in perceived overvaluation. The company is currently considered overvalued based on its key financial ratios, including a PE Ratio of 20.08, an EV to EBITDA of 9.78, and a Price to Book Value of 1.55. \n\nIn comparison to its peers, Maiden Forgings stands out unfavorably; for instance, JSW Steel has a PE Ratio of 46.33 and an EV to EBITDA of 13.64, while Tata Steel is valued at a PE Ratio of 28.91 with an EV to EBITDA of 10.5. These comparisons highlight that Maiden Forgings is trading at a premium relative to its peers, reinforcing the view that it is overvalued. Additionally, while the stock has shown a modest return of 8.92% over the past month, it still lags behind the Sensex's return of 0.86% during the same period, further suggesting that the stock may not be a compellin..."
      },
      {
        "title": "Is Maiden Forgings overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-maiden-forgings-overvalued-or-undervalued-3710167",
        "imagepath": "",
        "date": "2025-11-18 08:29:20",
        "description": "As of 17 November 2025, the valuation grade for Maiden Forgings has moved from very expensive to expensive. The company is currently considered overvalued. Key ratios include a PE ratio of 19.96, an EV to EBITDA of 9.74, and a ROE of 7.70%. \n\nIn comparison to peers, JSW Steel, which is fairly valued, has a significantly higher PE ratio of 46.87, while Tata Steel, rated attractive, has a PE of 29.08. This suggests that Maiden Forgings is trading at a premium relative to its peers, despite its lower growth prospects indicated by a PEG ratio of 0.00. Additionally, Maiden Forgings has underperformed the Sensex over the past week and year, which further supports the conclusion of overvaluation...."
      },
      {
        "title": "How has been the historical performance of Maiden Forgings?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-maiden-forgings-3704211",
        "imagepath": "",
        "date": "2025-11-15 00:28:59",
        "description": "Answer:\nThe historical performance of Maiden Forgings shows a mixed trend in its financial metrics over the past five years.\n\nBreakdown:\nMaiden Forgings' net sales peaked at 236.10 Cr in March 2024 but decreased to 212.91 Cr by March 2025. The total operating income followed a similar pattern, declining from 236.10 Cr in March 2024 to 212.91 Cr in March 2025. The raw material cost also decreased from 201.48 Cr in March 2024 to 177.17 Cr in March 2025, while total expenditure (excluding depreciation) fell from 213.24 Cr to 193.66 Cr in the same period. Operating profit (PBDIT) decreased from 24.07 Cr in March 2024 to 19.91 Cr in March 2025, reflecting a decline in operating profit margin from 9.68% to 9.04%. Profit before tax also saw a drop from 13.71 Cr to 8.54 Cr, leading to a profit after tax of 6.05 Cr in March 2025, down from 9.72 Cr in March 2024. The company's total assets increased from 148.61 Cr in..."
      },
      {
        "title": "When is the next results date for Maiden Forgings?",
        "link": "https://www.marketsmojo.com/news/result-analysis/when-is-the-next-results-date-for-maiden-forgings-3681375",
        "imagepath": "",
        "date": "2025-11-07 23:21:33",
        "description": "The next results date for Maiden Forgings is scheduled for 14 November 2025...."
      }
    ],
    "total": 97,
    "sid": "1003826",
    "stock_news_url": "https://www.marketsmojo.com/news/maiden-forgings-1003826"
  },
  "announcements": [
    {
      "caption": "Intimation Of Registration Of M/S Maiden Forgings Limited As Approved Industry Partner With DRDO - Terminal Ballistics Research Laboratory (TBRL)",
      "datetime": "20-Jan-2026",
      "details": "Pursuant to Regulation 30 of the SEBI LODR ( Listing Obligations and Disclosure Requirements 2015 we hereby inform that Maiden Forgings Limited has been provisionally registered as an Approved Industry Partner with the Terminal Ballistics Research Laboratory (TBRL) Defence Research and Development Organisation (DRDO)",
      "source": "BSE"
    },
    {
      "caption": "Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015",
      "datetime": "16-Jan-2026",
      "details": "as per letter attached",
      "source": "BSE"
    },
    {
      "caption": "Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018",
      "datetime": "14-Jan-2026",
      "details": "Pursuant to Regulation 74(5) of Securities Exchange Board of India (Depositories and Participants) Regulation 2018 The Company is hereby submitting the confirmation Certificate as provided by the Registrar and Transfer Agent of the Company relating to the request received for Dematerialization of Securities during the quarter ended December 31 2025",
      "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": "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 Maiden Forgings falling/rising?

2025-12-12 01:13:26

Robust Price Performance Against Benchmarks

Maiden Forgings has outperformed the Sensex across multiple time frames, underscoring its resilience and appeal among investors. Over the past week, the stock appreciated by 2.39%, while the Sensex declined by 0.52%. This trend extends over the last month, with Maiden Forgings gaining 4.77% compared to the Sensex’s modest 1.13% rise. Year-to-date, the stock has delivered a remarkable 15.77% return, nearly doubling the Sensex’s 8.55% gain. Even on a one-year horizon, Maiden Forgings outpaced the benchmark with a 12.50% increase versus the Sensex’s 4.04%. Such consistent outperformance highlights the stock’s strong fundamentals and market positioning.

New 52-Week High and Intraday Strength

On 11-Dec, Mai...

Read full news article

Is Maiden Forgings overvalued or undervalued?

2025-11-19 08:12:26

As of 18 November 2025, Maiden Forgings' valuation grade has moved from expensive to very expensive, indicating a significant increase in perceived overvaluation. The company is currently considered overvalued based on its key financial ratios, including a PE Ratio of 20.08, an EV to EBITDA of 9.78, and a Price to Book Value of 1.55. In comparison to its peers, Maiden Forgings stands out unfavorably; for instance, JSW Steel has a PE Ratio of 46.33 and an EV to EBITDA of 13.64, while Tata Steel is valued at a PE Ratio of 28.91 with an EV to EBITDA of 10.5. These comparisons highlight that Maiden Forgings is trading at a premium relative to its peers, reinforcing the view that it is overvalued. Additionally, while the stock has shown a modest return of 8.92% over the past month, it still lags behind the Sensex's return of 0.86% during the same period, further suggesting that the stock may not be a compellin...

Read full news article

Is Maiden Forgings overvalued or undervalued?

2025-11-18 08:29:20

As of 17 November 2025, the valuation grade for Maiden Forgings has moved from very expensive to expensive. The company is currently considered overvalued. Key ratios include a PE ratio of 19.96, an EV to EBITDA of 9.74, and a ROE of 7.70%. In comparison to peers, JSW Steel, which is fairly valued, has a significantly higher PE ratio of 46.87, while Tata Steel, rated attractive, has a PE of 29.08. This suggests that Maiden Forgings is trading at a premium relative to its peers, despite its lower growth prospects indicated by a PEG ratio of 0.00. Additionally, Maiden Forgings has underperformed the Sensex over the past week and year, which further supports the conclusion of overvaluation....

Read full news article

How has been the historical performance of Maiden Forgings?

2025-11-15 00:28:59

Answer: The historical performance of Maiden Forgings shows a mixed trend in its financial metrics over the past five years. Breakdown: Maiden Forgings' net sales peaked at 236.10 Cr in March 2024 but decreased to 212.91 Cr by March 2025. The total operating income followed a similar pattern, declining from 236.10 Cr in March 2024 to 212.91 Cr in March 2025. The raw material cost also decreased from 201.48 Cr in March 2024 to 177.17 Cr in March 2025, while total expenditure (excluding depreciation) fell from 213.24 Cr to 193.66 Cr in the same period. Operating profit (PBDIT) decreased from 24.07 Cr in March 2024 to 19.91 Cr in March 2025, reflecting a decline in operating profit margin from 9.68% to 9.04%. Profit before tax also saw a drop from 13.71 Cr to 8.54 Cr, leading to a profit after tax of 6.05 Cr in March 2025, down from 9.72 Cr in March 2024. The company's total assets increased from 148.61 Cr in...

Read full news article

When is the next results date for Maiden Forgings?

2025-11-07 23:21:33

The next results date for Maiden Forgings is scheduled for 14 November 2025....

Read full news article

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