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 in April, 2023.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 2024.
Maiden Forgings Share Price Today
As of 2 Jan 2026, Maiden Forgings share price is ₹93. The stock opened at ₹92.9 and had closed at ₹91.5 the previous day. During today’s trading session, Maiden Forgings share price moved between ₹91.35 and ₹93.75, with an average price for the day of ₹92.55. Over the last 52 weeks, the stock has recorded a low of ₹50.55 and a high of ₹95.90. In terms of performance, Maiden Forgings share price has increased by 12.1% over the past six months and has increased by 21.85% over the last year.
Maiden Forgings Fundamental
Market Cap (in crs)
132.24
Face Value
10
Turnover (in lacs)
7.44
Key Metrics
Qtr Change %
New 52W High in past week
19.4
Dividend yield 1yr %
0
Maiden Forgings Technical Analysis
Moving Averages Analysis
93.05
Current Price
Bullish Moving Averages
16
Bearish Moving Averages
0
Day EMA5
92.00
Day EMA10
91.40
Day EMA12
91.20
Day EMA20
90.30
Day EMA26
89.60
Day EMA50
87.20
Day EMA100
83.80
Day EMA200
81.10
Delivery & Volume
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Delivery Volume %
Day
37.50%
Week
69.50%
Month
66.60%
Delivery & Volume
Day Rs | 3000 Rs | 8000 Rs |
Week Rs | 11400 Rs | 16400 Rs |
Month Rs | 11666 Rs | 17523 Rs |
Resistance & Support
92.72
Pivot
Resistance
First Resistance
94.08
Second Resistance
95.12
Third Resistance
96.48
Support
First Support
91.68
Second support
90.32
Third Support
89.28
Relative Strength Index
61.01
Money Flow Index
75.19
MACD
1.66
MACD Signal
1.70
Average True Range
2.69
Average Directional Index
38.06
Rate of Change (21)
9.43
Rate of Change (125)
11.84
Maiden Forgings Peer comparison
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Maiden Forgings Latest News
Maiden Forgings Share Price FAQs
Please be aware that Maiden Forgings stock prices are subject to continuous fluctuations due to various factors.
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