M M Forgings – Katalyst Wealth

[Stock notes] – M M Forgings…targeting 15% + growth in FY 24

December 8, 2023

Hello Sir, Hope you are doing well. Sometime back, I came across a stock M M Forgings (MMF). The company manufactures forged components for automobiles (CVs and PVs), and off-highway equipment, catering to both the domestic and international markets. The company is also working on developing EV powertrain components – Motor, Gearbox and Controller through its subsidiary Abhinava Rizel. What’s interesting is that promoters have guided for ~15% + growth in sales in FY 24 over FY 23. Below, we have…

[Stock idea] – M M Forgings…One of the largest exporters of forgings from India

April 22, 2023

Hello Sir,Hope you are doing well.Recently, I came across a stock by the name of M M Forgings (MMF). The 10 years numbers of the company looked interesting and therefore I decided to dig deeper.The company manufactures forged components for automobiles (CVs and PVs), and off-highway equipment, catering to both the domestic and international markets.What’s interesting is that promoters sounded very bullish on account of twin factors of China + 1 and high energy prices in Europe and have even guided…