Metalyst Forgings Ltd's earnings have grown by 0%, whereas share price has declined -41.7% CAGR over the past five years, indicating the company’s share price is likely undervalued. However, for specific investment actions please consult your investment advisor.
Metalyst Forgings Ltd share price has declined -25.8% annually (CAGR) over the past ten years.
Past 10 years financial track record analysis and assessment of future prospects by Moneyworks4me indicates that Metalyst Forgings Ltd is an average long term investment. However, you need to ensure you buy at a right price to earn good returns.
Ahmednagar Forgings (AFL) was incorporated under the Companies Act and registered with the Registrar of Companies, Mumbai on March 21, 1977. The registered office of AFL is currently situated at Gat No. 614 at Village Kuruli, Khed Taluka, Pune District, 410501.
Amtek acquired AFL in order to establish a manufacturing business in western India, as there were a number of automotive companies which were being supplied by AFL in that region.
AFL is a manufacturer of forging and machined
AFL is a manufacturer of forging and machined automotive components, cold forged parts and high tensile fasteners.
AFL operates four plants; two of them are located at Ahmednagar, Maharashtra and the other two near Pune, Maharashtra.
One of AFL's plants at Ahmednagar also manufactures high tensile fasteners and cold-formed components. It supplies products to its customers based on the technical specifications provided by them.
The shares of the company are listed on Bombay Stock Exchange and National Stock Exchange.