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MM Forgings to invest Rs 40 crore this year

26 Apr 2012 Evaluate

MM Forgings, auto component manufacturer is likely to invest Rs 40 crore this year with the objective of pushing its forging plants towards max performance. In the last year the combined production across the plants in Chennai, Tiruchi and Madurai was 32,000 tonnes. The peak capacity of the plants is 40,000 tonnes.

The company expects this growth through the export, which will driven by demand from the global commercial vehicles industry. It is keen to chase new customers and make new parts such as machined gear blanks and bigger steering parts.

MM Forgings manufactures steel forgings in raw, semi-machined and fully machined stages in various grades of Carbon, Alloy, Micro-Alloy and Stainless Steels in the weight range of 0.20 Kg to 60 Kg. The company caters to the forging requirements of almost all sections of industry.

MM Forgings Share Price

442.00 -4.05 (-0.91%)
12-Jun-2026 12:28 View Price Chart
Peers
Company Name CMP
Bharat Forge 1925.50
Ramkrishna Forgings 577.80
MM Forgings 442.00
Happy Forgings 1336.75
Balu Forge Industrie 436.55
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