Maiden Forgings Stock Performance
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Maiden Forgings Company background
Founded in: 2005
Managing director: Nishant Garg
Maiden Forgings Limited was originally incorporated on February 11, 2005 as a Private Limited Company as Maiden Forgings Private Limited. Later on, the Companys name changed to Maiden Forgings Limited and upon conversion of Company into Public Limited Company, a fresh Certificate of Incorporation dated December 02, 2022 was issued by Registrar of Companies, Delhi. Company is engaged in the business of manufacturing of wide range of Bright steel and wires. It specializes in design and manufacture of different type of ferrous metal products including carbon steel, stainlesssteel and alloy steel products.The Companys fully integrated infrastructure consists of steel drawing machines, peeling centres finishing machines installed at its 3 manufacturing plants, all located in Ghaziabad, Uttar Pradesh, which has a combined aggregated manufacturing capacity of approx. 50,000 ton per annum. The Company established its first manufacturing plant in 2011 at Kavi Nagar Industrial Area at Ghaziabad. In 2015, it established second plant nearby and consequently, the third plant of the Company started operations in 2018, in Ghaziabad. Then in 2022, it commissioned and installed a new dedicated production line for manufacturing of collated pneumatic nails as a part of forward integration strategy.The Company raised money from public by issuing upto 37,84,000 Equity Shares of face value of Rs 10 each through fresh issue.Company diversified its product portfolio by adding Plastic Coil Pneumatic Nails and Wire Welded Coil Nails and specialised steel grades in SS Bright Bars in 2023.
As of 29 Aug, 2025, Maiden Forgings share price is ₹77.4. The stock opened at ₹77 and had closed at ₹76.4 the previous day. During today’s trading session, Maiden Forgings share price moved between ₹76.50 and ₹78.50, with an average price for the day of ₹77.50. Over the last 52 weeks, the stock has recorded a low of ₹50.55 and a high of ₹96.00. In terms of performance, Maiden Forgings share price has increased by 19.7% over the past six months and has declined by 17.67% over the last year.
Maiden Forgings Fundamental
Market Cap (in crs)
110.07
Face Value
10
Turnover (in lacs)
6.20
Key Metrics
Qtr Change %
53.21% Gain from 52W Low
6.8
Dividend yield 1yr %
0
Maiden Forgings Technical Analysis
Moving Averages Analysis
Moving Averages Analysis
77.45
Current Price
5Day EMA
77.90
10Day EMA
78.60
12Day EMA
78.80
20Day EMA
79.40
26Day EMA
79.50
50Day EMA
78.70
100Day EMA
76.60
200Day EMA
76.80
5Day SMA
78.00
10Day SMA
78.90
20Day SMA
79.80
30Day SMA
80.40
50Day SMA
80.30
100Day SMA
75.30
150Day SMA
71.00
200Day SMA
72.70
Delivery & Volume
| Period | Combined Delivery Volume | NSE+BSE Traded Volume |
|---|---|---|
Day Rs | 5000 Rs | 8000 Rs |
Week Rs | 7500 Rs | 9250 Rs |
Month Rs | 12250 Rs | 14100 Rs |
Resistance & Support
77.48
Pivot
Resistance
First Resistance
78.47
Second Resistance
79.48
Third Resistance
80.47
Support
First Support
76.47
Second support
75.48
Third Support
74.47
Relative Strength Index
41.01
Money Flow Index
29.22
MACD
-0.69
MACD Signal
-0.26
Average True Range
2.26
Average Directional Index
22.35
Rate of Change (21)
-4.74
Rate of Change (125)
24.92
Maiden Forgings 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
8.44 | 110.25 | 7.21 | 19.26 | 8.25 | 6.84% | 2.30% | -33.07% | -47.84% | -14.75% | 0.00% | 0.00 | 58.27 | 1.57 | |
Swastik Pipe Ltd. | - | 32.70 | - | - | - | - | - | - | - | - | - | - | - | - |
Visaman Global Sales Ltd. | - | 88.80 | - | - | - | - | - | - | - | - | - | - | - | - |
Aditya Ultra Steel Ltd | - | 38.00 | - | - | - | - | - | - | - | - | - | - | - | - |
Abha Power and Steel Ltd. | - | 47.00 | - | - | - | - | - | - | - | - | - | - | - | - |
P S Raj Steels Ltd. | - | 152.45 | - | - | - | - | - | - | - | - | - | - | - | - |
Maiden Forgings Share Price FAQs
How to buy Maiden Forgings shares?
You can easily buy Maiden Forgings 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 Maiden Forgings ?
The 52-week high and low of Maiden Forgings share price is ₹96 and ₹50.55 as of 29/8/2025.
Please be aware that Maiden Forgings stock prices are subject to continuous fluctuations due to various factors.
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