Advance Technoforge Peer Comparison
ADVANCETL · Metal Fabrication · Current price ₹73
Peers tracked
11
Advance Technoforge P/E
16.2x
Sector
Metal Fabrication
Advance Technoforge vs peers
| Company | Price | P/E | Market cap (Cr) |
|---|---|---|---|
| BHARAT FORGE LTD | ₹1,741 | 130.3x | 85,078 |
| PTC INDUSTRIES LIMITED | ₹24,745 | 266.4x | 39,214 |
| AIA ENGINEERING LIMITED | ₹3,633.9 | 30.3x | 33,912 |
| HAPPY FORGINGS LIMITED | ₹1,818 | 64.5x | 17,162 |
| CIE AUTOMOTIVE INDIA LTD | ₹364.65 | — | 13,833 |
| RAMKRISHNA FORGINGS LTD | ₹614.5 | 123.9x | 11,194 |
| KENNAMETAL INDIA LIMITED | ₹3,647.7 | 40.5x | 8,017 |
| BALU FORGE INDUSTRIES LTD | ₹442.55 | 24.3x | 5,372 |
| ELECTROSTEEL CASTINGS LTD | ₹69.91 | 41.1x | 4,322 |
| STEELCAST LIMITED | ₹338.1 | 36.0x | 3,422 |
| Advance Technoforge | — | 14.3x | 67 |
Advance Technoforge versus its peers
Advance Technoforge operates in the Metal Fabrication space alongside 11 tracked peers. Comparing valuation multiples within a sector is far more meaningful than in isolation — a P/E of 16.2x may be cheap in one industry and expensive in another.
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DocStoX estimates are computed from reported financials, for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.