Support and Resistance Levels
Past performance
About M M Forgings Ltd M M Forgings, originally established as Madras Motors Pvt Ltd in 1946, transitioned from motorcycle imports to steel forging, going public in 1975 and adopting its current name in 1993. The company operates two forging units in Tamil Nadu with a combined capacity initially at 15,000 tpa, later expanded to 20,000 tpa, and plans to increase to 26,500 tpa by 2004. M M Forgings specializes in manufacturing carbon and alloy steel forgings for critical components across various industries, serving clients like Ashok Leyland and BHEL.
Accredited with ISO 9002 since 1994-95, the company benefits from a technical collaboration with Tokai Corporation of Japan, enhancing quality and productivity. Additionally, M M Forgings has ventured into renewable energy with wind farms expected to generate 6 million KWHr annually. The merger with Gears India Madras Ltd in 2002 and increased machining capacity reflect its adaptive strategies to meet evolving market demands.