10Y Annualised Return
▲15.30%
EL Forge Stock Performance
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EL Forge Company background
Founded in: 1934
Managing director: K V Ramachandran
EL Forge Ltd (the earlier name was Ellore Electric Supply Company Limited) incorporated during 1934, and started its forging operations during 1963. The Company is engaged in the business of manufacturing Rough Steel Forgings i.e., fuel injection forgings, steering rods, tie rods, engine and gear boxes, starter items etc. for automobile industry. The Company exports its products to the US, Germany, Sri Lanka, China, Malaysia, etc. It has a manufacturing unit at Appur Village, near Chennai. The present installed capacity of forgings is 12000 TPA.The Company became the largest manufacturer of forgins in South India after the merger of Chendur Forge Export, a company in the same line of business with the company(with effective from April 1, 1995). To fund this acquisition of Chendur Forgings and financing the cost of machinery to augment longterm working capital, the company came out with a rights issue at a premium of Rs.30 aggregating Rs.3.51 Cr in 1995.In 199596, the installed capacity of forgings was expanded from 10,200 tpa to 18,200 tpa. And during 199899, the Company has put up an additional state of the art machinery and software in the tool room at a cost of Rs.167.75 lakhs.On Qulity front, El Forges all factories/plants are ISO 9000 accredited. Apart from this one of the plant is QS 9000 approved. Two more factories have been certified for QS 9000 and it is anticipated that all the five factories will be QS 9000 approved by March 2002.The Company embarked on Modernization cum Expansion Plant at Attur, which got commissioned in 200607. Shakespeare Forgings Ltd, UK ceased to be a subsidiary company during the year due to drop in UK business in 2015.
As of 18 Aug, 2025, EL Forge share price is ₹18.5. The stock opened at ₹20 and had closed at ₹19.4 the previous day. During today’s trading session, EL Forge share price moved between ₹18.30 and ₹20.00, with an average price for the day of ₹19.15. Over the last 52 weeks, the stock has recorded a low of ₹18.00 and a high of ₹44.42. In terms of performance, EL Forge share price has declined by 18.7% over the past six months and has declined by 19.43% over the last year.
EL Forge Fundamental
Market Cap (in crs)
37.58
Face Value
10
Turnover (in lacs)
6.14
Key Metrics
Qtr Change %
Near 52W Low of ₹18.00
-25.2
Dividend yield 1yr %
0
EL Forge Technical Analysis
Moving Averages Analysis
Moving Averages Analysis
18.35
Current Price
5Day EMA
19.60
10Day EMA
20.60
12Day EMA
20.80
20Day EMA
21.50
26Day EMA
21.70
50Day EMA
22.20
100Day EMA
22.80
200Day EMA
23.50
5Day SMA
19.60
10Day SMA
21.10
20Day SMA
22.00
30Day SMA
22.50
50Day SMA
22.20
100Day SMA
22.30
150Day SMA
23.00
200Day SMA
25.70
Delivery & Volume
| Period | Combined Delivery Volume | NSE+BSE Traded Volume |
|---|---|---|
Day Rs | 31109 Rs | 33185 Rs |
Week Rs | 44122 Rs | 48452 Rs |
Month Rs | 22037 Rs | 25344 Rs |
Resistance & Support
18.93
Pivot
Resistance
First Resistance
19.56
Second Resistance
20.63
Third Resistance
21.26
Support
First Support
17.86
Second support
17.23
Third Support
16.16
Relative Strength Index
30.34
Money Flow Index
30.96
MACD
-0.89
MACD Signal
-0.40
Average True Range
1.61
Average Directional Index
15.75
Rate of Change (21)
-22.21
Rate of Change (125)
-22.54
EL Forge Peer comparison
| Index Name | Market Price | Market Cap | 52W Low | 52W High | Prev. Close | 1W Return | 1M Return | 6M Return | 1Y Return | 3Y Return | Dividend Yield | PE Ratio | Industry PE | PB Ratio |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
189.45 | 28.42 | 145.65 | 286 | 193.00 | -2.85% | -1.46% | -5.51% | 20.25% | 115.28% | 0.00% | 61.31 | 42.68 | 3.91 | |
34.35 | 49.89 | 30 | 52.55 | 31.89 | 6.24% | -0.35% | -2.72% | -27.96% | 103.98% | 0.00% | 31.25 | 42.68 | 2.24 | |
10.00 | 16.00 | 8.21 | 15.25 | 10.24 | -0.72% | -8.07% | -9.95% | -26.11% | -24.49% | 0.00% | 0.00 | 42.68 | 1.77 | |
124.90 | 42.60 | 102.65 | 323.9 | 119.00 | 9.56% | 0.52% | -13.02% | -59.49% | 437.20% | 0.00% | 25.08 | 55.55 | 5.88 | |
28.00 | 38.33 | 24.13 | 58 | 28.50 | 0.00% | -18.84% | -6.98% | -47.17% | 83.01% | 0.00% | 13.93 | 42.68 | 1.88 | |
Mandeep Auto Industries Ltd. | 27.80 | 27.80 | - | - | - | - | - | - | - | - | - | - | - | - |
EL Forge Share Price FAQs
How has EL Forge shares performed in the past ?
EL Forge share price in the past 1-year return was -19.43. The EL Forge share hit a 1-year low of Rs. 18 and a 1-year high of Rs. 44.42.
What is the market cap of EL Forge ?
The market cap of EL Forge is Rs. 37.58 Cr. as of 18/8/2025.
What is the current P/E ratio of EL Forge ?
The PE ratios of EL Forge is 16.8 as of 18/8/2025.
What is the current PB ratio of EL Forge ?
The PB ratios of EL Forge is 1.51 as of 18/8/2025
What is the Mutual Fund shareholding in EL Forge ?
The Mutual Fund Shareholding in EL Forge was 0.01% at the end of 18/8/2025.
How to buy EL Forge shares?
You can easily buy EL Forge shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.
What is the 52-week high and low of EL Forge ?
The 52-week high and low of EL Forge share price is ₹44.42 and ₹18 as of 18/8/2025.
Please be aware that EL Forge stock prices are subject to continuous fluctuations due to various factors.
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