MM Forgings Limited MMFL
NSE · India · Producer Manufacturing
INR 569.00-29.60 (-4.94%)
Market open· · INR · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Market open· · INR · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
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MM Forgings Ltd (BOM:522241) reports strong Q1 FY27 with EBITDA margin at 18%, boosted by a INR 60 crore land sale and robust US commercial vehicle demand.
Despite robust sales growth and strategic investments, MM Forgings Ltd faces margin pressures and rising finance costs.
Despite challenges in the US market, MM Forgings Ltd (BOM:522241) anticipates growth with new investments and a recovering Class A truck market.
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