MM Forgings Limited Peer Comparison
MMFL · Automobile and Auto Components · Current price ₹529.5
Peers tracked
11
MM Forgings Limited P/E
19.0x
Sector
Automobile and Auto Components
MM Forgings Limited vs peers
| Company | Price | P/E | Market cap (Cr) |
|---|---|---|---|
| Bharat Forge Limited | ₹1,835 | 130.3x | 90,499 |
| PTC Industries Limited | ₹24,680 | 266.4x | 39,100 |
| AIA Engineering Limited | ₹3,719.7 | 30.3x | 34,710 |
| Happy Forgings Limited | ₹1,866 | 64.5x | 17,584 |
| CIE Automotive India Limited | ₹377.2 | — | 14,302 |
| Ramkrishna Forgings Limited | ₹691.45 | 123.9x | 12,565 |
| Kennametal India Limited | ₹4,122.4 | 40.5x | 9,065 |
| Balu Forge Industries Limited | ₹480.7 | 24.3x | 5,832 |
| Electrosteel Castings Limited | ₹76.7 | 41.1x | 4,736 |
| Steelcast Limited | ₹354.5 | 36.0x | 3,574 |
| MM Forgings Limited | ₹528.25 | 18.4x | 2,549 |
MM Forgings Limited versus its peers
MM Forgings Limited operates in the Automobile and Auto Components space alongside 11 tracked peers. Comparing valuation multiples within a sector is far more meaningful than in isolation — a P/E of 19.0x may be cheap in one industry and expensive in another.
More on MM Forgings Limited
DocStoX estimates are computed from reported financials, for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.

