MM Forgings share price
MMFL on NSE · data as of 16 Oct 2026
MM Forgings closed at ₹528.25 on 16 Oct 2026 (+0.66% on the day). It is 23.2% below its 52-week high of ₹687.95 (18 Aug 2026) and 83.4% above its 52-week low of ₹288.10 (21 Oct 2025). The stock has outperformed the Nifty 50 over the past year (+69.3% vs -8.5%). It is above its 200-day average but below its 50-day average (a pullback within a longer uptrend), with RSI 34 (neutral zone).
Technical snapshot
- 20-day averagebelow, 8.8%
- 50-day averagebelow, 13.6%
- 200-day averageabove, 6.6%
- RSI (14)34 neutral zone
- MACDbelow signal line
- Typical daily move2.0% last 20 days
- Beta vs Nifty 501.27 moves more than the market
- Traded value today₹1.2 cr 0.3x the 20-day average volume
- Delivery44% 20-day avg 49%
Latest candle: Doji
Open and close almost equal: buyers and sellers ended the day evenly matched.
Key levels
- Nearest resistance₹534.00 1.1% above
- Nearest support₹478.10 9.5% below
- Position in 52-week range60% 0 = low, 100 = high
Weekly pivot levels
Chart pattern
Double top
Price reached about the same high twice and fell back both times. Peak level about ₹687.95 (18 Aug 2026, 2 Sept 2026); neckline ₹612.00.
Confirmed: the latest close is below the neckline.
Support and resistance are recent swing lows and highs; pivots come from last week's high, low and close. Patterns and candles describe past prices only. They are not predictions or buy/sell signals. See the glossary for terms.
Where the price sits
Last 12 months
Weekly closing prices, adjusted for splits and bonus issues.
Returns vs Nifty 50
| Period | MMFL | Nifty 50 | Gap |
|---|---|---|---|
| 1 week | −4.3% | +2.8% | −7.1 pts |
| 1 month | −13.0% | −0.3% | −12.7 pts |
| 3 months | +0.1% | −4.9% | +5.0 pts |
| 6 months | +14.8% | −4.3% | +19.1 pts |
| 1 year | +69.3% | −8.5% | +77.8 pts |
Gap = the stock's return minus the Nifty 50's, in percentage points. New to these terms? See 52-week high, moving average and RSI.
Quick answers
What is the 52-week high of MM Forgings?
The 52-week high of MM Forgings (MMFL) is ₹687.95, reached on 18 Aug 2026. The 52-week low is ₹288.10, on 21 Oct 2025 (NSE, as of 16 Oct 2026).
How has MM Forgings performed in the last year?
Over the last year the share price has moved +69.3%, compared with -8.5% for the Nifty 50 (as of 16 Oct 2026). Past returns do not predict future returns.
Does MM Forgings show a chart pattern?
Double top (confirmed): level about ₹687.95, neckline ₹612.00, based on prices up to 16 Oct 2026. Chart patterns describe past prices and often fail.
Is MM Forgings in an uptrend?
As of 16 Oct 2026, MM Forgings is above its 200-day average but below its 50-day average (a pullback within a longer uptrend), with RSI 34 (neutral zone). Trend describes the past, not what happens next.
Price facts only, refreshed every trading day. Not a recommendation to buy or sell. Education only. Not investment advice. All stocks · Today's stock lists