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MM Forgings Ltd
NSE:MMFL

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MM Forgings Ltd
NSE:MMFL
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Price: 445.95 INR 1.61% Market Closed
Market Cap: ₹21.5B

Wall Street
Price Targets

MMFL Price Targets Summary
MM Forgings Ltd

Wall Street analysts forecast MMFL stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MMFL is 600.78 INR with a low forecast of 583.78 INR and a high forecast of 630 INR.

Lowest
Price Target
583.78 INR
31% Upside
Average
Price Target
600.78 INR
35% Upside
Highest
Price Target
630 INR
41% Upside
MM Forgings Ltd Competitors:
Price Targets
MPE
M P Evans Group PLC
12% Upside
WOR
Worthington Industries Inc
36% Upside

Revenue
Forecast

12% / Year
Past Growth
11% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss
12% / Year
Past Growth
11% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss

For the last 13 years the compound annual growth rate for MM Forgings Ltd's revenue is 12%. The projected CAGR for the next 3 years is 11%.

Operating Income
Forecast

14% / Year
Past Growth
18% / Year
Estimated Growth
Estimates Accuracy
-12%
Average Miss
14% / Year
Past Growth
18% / Year
Estimated Growth
Estimates Accuracy
-12%
Average Miss

For the last 13 years the compound annual growth rate for MM Forgings Ltd's operating income is 14%. The projected CAGR for the next 3 years is 18%.

Net Income
Forecast

12% / Year
Past Growth
17% / Year
Estimated Growth
Estimates Accuracy
-14%
Average Miss
12% / Year
Past Growth
17% / Year
Estimated Growth
Estimates Accuracy
-14%
Average Miss

For the last 13 years the compound annual growth rate for MM Forgings Ltd's net income is 12%. The projected CAGR for the next 3 years is 17%.

Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is MMFL's stock price target?
Price Target
600.78 INR

According to Wall Street analysts, the average 1-year price target for MMFL is 600.78 INR with a low forecast of 583.78 INR and a high forecast of 630 INR.

What is MM Forgings Ltd's Revenue forecast?
Projected CAGR
11%

For the last 13 years the compound annual growth rate for MM Forgings Ltd's revenue is 12%. The projected CAGR for the next 3 years is 11%.

What is MM Forgings Ltd's Operating Income forecast?
Projected CAGR
18%

For the last 13 years the compound annual growth rate for MM Forgings Ltd's operating income is 14%. The projected CAGR for the next 3 years is 18%.

What is MM Forgings Ltd's Net Income forecast?
Projected CAGR
17%

For the last 13 years the compound annual growth rate for MM Forgings Ltd's net income is 12%. The projected CAGR for the next 3 years is 17%.

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