{
  "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": "91.00",
    "chg": -1,
    "chgp": "-1.09%",
    "dir": -1,
    "prev_price": "92.00",
    "mcapval": "131.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 543874,
    "symbol": "",
    "ind_name": "Iron & Steel Products",
    "ind_code": 23,
    "indexname": "",
    "isin": "INE0O1T01010",
    "curr_date": "Dec 24",
    "curr_time": "",
    "bse_nse_vol": 13000,
    "exc_status": "Active",
    "traded_date": "Dec 24, 2025",
    "traded_date_str": "2025 12 24",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-registerF-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/maiden-forgings-1003826-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "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...."
      },
      {
        "title": "Why is Maiden Forgings falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-maiden-forgings-fallingrising-3657031",
        "imagepath": "",
        "date": "2025-10-29 23:43:38",
        "description": "As of 29-Oct, Maiden Forgings Ltd is experiencing a price increase, currently at Rs 85.00, reflecting a rise of Rs 2.7 or 3.28%. The stock has shown strong performance recently, gaining 6.26% over the last three days and outperforming its sector by 1.77% today. It is also trading above all key moving averages, indicating positive momentum. Additionally, the stock is close to its 52-week high, just 4.46% away from Rs 88.79. The rising investor participation is notable, with delivery volume increasing by 75.68% compared to the five-day average, suggesting heightened interest in the stock.\n\nIn the broader market context, Maiden Forgings has outperformed the Sensex over the past week and month, with returns of 6.25% and 13.33%, respectively, compared to the Sensex's 0.68% and 5.76%. Year-to-date, the stock has also shown a solid performance with a return of 9.34%, slightly ahead of the Sensex's 8.78%. This posi..."
      },
      {
        "title": "Is Maiden Forgings overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-maiden-forgings-overvalued-or-undervalued-3620696",
        "imagepath": "",
        "date": "2025-10-15 08:08:36",
        "description": "As of 14 October 2025, the valuation grade for Maiden Forgings has moved from expensive to very expensive, indicating a significant shift in its market perception. The company is currently overvalued based on its financial ratios, with a PE ratio of 18.68, an EV to EBITDA of 9.33, and a ROE of 7.93%. These figures suggest that investors are paying a premium for the stock relative to its earnings and book value.\n\nIn comparison to its peers, Maiden Forgings' valuation stands out unfavorably. For instance, JSW Steel, categorized as expensive, has a PE ratio of 54.74, while Tata Steel, rated fair, has a PE of 43.73. Additionally, the EV to EBITDA ratio for Jindal Steel is 11.8, which is higher than Maiden Forgings, yet it is still considered fairly valued. The recent stock performance shows that Maiden Forgings has underperformed the Sensex over the past year, with a return of -8.62% compared to the Sensex's 0...."
      },
      {
        "title": "Is Maiden Forgings overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-maiden-forgings-overvalued-or-undervalued-3613719",
        "imagepath": "",
        "date": "2025-10-13 08:14:01",
        "description": "As of 10 October 2025, the valuation grade for Maiden Forgings has moved from very expensive to expensive, indicating a slight improvement in its perceived value. The company is currently considered overvalued. Key ratios include a PE ratio of 18.56, an EV to EBITDA of 9.29, and a ROE of 7.93%. \n\nIn comparison to its peers, Maiden Forgings' PE ratio is significantly lower than that of JSW Steel at 55.8 and Tata Steel at 44.71, both of which are rated as fair. Additionally, while SAIL is rated attractive with a PE of 17.94, Maiden Forgings' valuation remains on the higher side relative to its performance metrics. Notably, the stock has underperformed over the past year with a return of -10.94%, contrasting with the Sensex's modest gain of 1.09%, further reinforcing the view that the company is overvalued...."
      },
      {
        "title": "Is Maiden Forgings overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-maiden-forgings-overvalued-or-undervalued-3612604",
        "imagepath": "",
        "date": "2025-10-12 08:12:32",
        "description": "As of 10 October 2025, the valuation grade for Maiden Forgings moved from very expensive to expensive, indicating a slight improvement in its valuation perspective. The company is currently considered overvalued. Key ratios include a PE ratio of 18.56, an EV to EBITDA of 9.29, and a ROE of 7.93%. \n\nIn comparison to peers, Maiden Forgings' PE ratio is significantly lower than that of JSW Steel, which stands at 55.8, and Tata Steel at 44.71, both classified as fairly valued. Additionally, the company's EV to EBITDA ratio is more favorable than that of Lloyds Metals, which is very expensive at 35.35. Despite a recent stock return of 1.8% over the past week, which outperformed the Sensex's 1.59%, the overall valuation suggests that Maiden Forgings remains overvalued in the current market context...."
      }
    ],
    "total": 97,
    "sid": "1003826",
    "stock_news_url": "https://www.marketsmojo.com/news/maiden-forgings-1003826"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome",
      "datetime": "17-Dec-2025",
      "details": "Pursuant to the provision of Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we would like to inform/intimate the officials of the Company participated in the Beyond The Numbers -Value Discovery Summit 2025 held on December 17 2025 at 02:30 PM in Virtual Mode.",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation",
      "datetime": "12-Dec-2025",
      "details": "Pursuant to the provisions of Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we hereby inform you that the Company will be participating in the Beyond The Numbers -Value Discovery Summit 2025.",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome",
      "datetime": "12-Dec-2025",
      "details": "Pursuant to the provision of Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we would like to inform/intimate the officials of the Company participated in the Analyst/investor meeting held on 12th December 2025 at 12:00 PM in Virtual Mode. Further the list of Company/Institution/Analysts/Organization who attended the above meeting is given below: Sr. no. Company/Institution/Analysts/Organization Investor Name Meeting Mode 1. Pinpoint X Capital Swayam Online 2. Unlisted Assets Kush Bhantia Online 3. HNI Om Prakash Online 4. HNI Pratham Online 5. HNI Disha Nair Online Note: These interactions used a Q&A format. No presentation was made by the company officials and No Unpublished Price Sensitive Information (UPSI) was shared during any of these interactions. Kindly take the above intimation on record.",
      "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 More

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 More

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 More

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 More

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 More

Why is Maiden Forgings falling/rising?

2025-10-29 23:43:38

As of 29-Oct, Maiden Forgings Ltd is experiencing a price increase, currently at Rs 85.00, reflecting a rise of Rs 2.7 or 3.28%. The stock has shown strong performance recently, gaining 6.26% over the last three days and outperforming its sector by 1.77% today. It is also trading above all key moving averages, indicating positive momentum. Additionally, the stock is close to its 52-week high, just 4.46% away from Rs 88.79. The rising investor participation is notable, with delivery volume increasing by 75.68% compared to the five-day average, suggesting heightened interest in the stock. In the broader market context, Maiden Forgings has outperformed the Sensex over the past week and month, with returns of 6.25% and 13.33%, respectively, compared to the Sensex's 0.68% and 5.76%. Year-to-date, the stock has also shown a solid performance with a return of 9.34%, slightly ahead of the Sensex's 8.78%. This posi...

Read More

Is Maiden Forgings overvalued or undervalued?

2025-10-15 08:08:36

As of 14 October 2025, the valuation grade for Maiden Forgings has moved from expensive to very expensive, indicating a significant shift in its market perception. The company is currently overvalued based on its financial ratios, with a PE ratio of 18.68, an EV to EBITDA of 9.33, and a ROE of 7.93%. These figures suggest that investors are paying a premium for the stock relative to its earnings and book value. In comparison to its peers, Maiden Forgings' valuation stands out unfavorably. For instance, JSW Steel, categorized as expensive, has a PE ratio of 54.74, while Tata Steel, rated fair, has a PE of 43.73. Additionally, the EV to EBITDA ratio for Jindal Steel is 11.8, which is higher than Maiden Forgings, yet it is still considered fairly valued. The recent stock performance shows that Maiden Forgings has underperformed the Sensex over the past year, with a return of -8.62% compared to the Sensex's 0....

Read More

Is Maiden Forgings overvalued or undervalued?

2025-10-13 08:14:01

As of 10 October 2025, the valuation grade for Maiden Forgings has moved from very expensive to expensive, indicating a slight improvement in its perceived value. The company is currently considered overvalued. Key ratios include a PE ratio of 18.56, an EV to EBITDA of 9.29, and a ROE of 7.93%. In comparison to its peers, Maiden Forgings' PE ratio is significantly lower than that of JSW Steel at 55.8 and Tata Steel at 44.71, both of which are rated as fair. Additionally, while SAIL is rated attractive with a PE of 17.94, Maiden Forgings' valuation remains on the higher side relative to its performance metrics. Notably, the stock has underperformed over the past year with a return of -10.94%, contrasting with the Sensex's modest gain of 1.09%, further reinforcing the view that the company is overvalued....

Read More

Is Maiden Forgings overvalued or undervalued?

2025-10-12 08:12:32

As of 10 October 2025, the valuation grade for Maiden Forgings moved from very expensive to expensive, indicating a slight improvement in its valuation perspective. The company is currently considered overvalued. Key ratios include a PE ratio of 18.56, an EV to EBITDA of 9.29, and a ROE of 7.93%. In comparison to peers, Maiden Forgings' PE ratio is significantly lower than that of JSW Steel, which stands at 55.8, and Tata Steel at 44.71, both classified as fairly valued. Additionally, the company's EV to EBITDA ratio is more favorable than that of Lloyds Metals, which is very expensive at 35.35. Despite a recent stock return of 1.8% over the past week, which outperformed the Sensex's 1.59%, the overall valuation suggests that Maiden Forgings remains overvalued in the current market context....

Read More

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