MMFL belongs to the Industrials sector and operates within the Metal Fabrication industry. The company is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). In this detailed post, we will explore MMFL share price targets from 2025, 2026, and up to 2030. For long-term forecasts, we will use different technical analysis approaches to predict targets up to the year 2030.
For additional insights, refer to MMFL technical analysis.
To forecast the price of MMFL up to the year 2030, we will use a machine learning approach where the forecasted data is trained on past performance. MM Forgings Ltd, known for its significant presence in the Indian share market, has shown various trends over the years. In this section, we discuss MMFL's current market position, its growth trajectory, and how external market factors might influence its price performance leading up to 2030.
MMFL’s Performance Overview
Current Performance
Today 2025-05-14 shares of MMFL closed at ₹353.20 which is ₹2.45 higher than its previous close of ₹350.75. The company has been in mixed trend for the past one week.
Historical Performance
| Date | Close | Gain/Loss |
|---|---|---|
| 2025-05-06 | ₹337.75 | ₹7.35 (2.13%) |
| 2025-05-07 | ₹336.45 | ₹1.30 (0.38%) |
| 2025-05-08 | ₹344.20 | ₹7.75 (2.30%) |
| 2025-05-09 | ₹336.55 | ₹7.65 (2.22%) |
| 2025-05-12 | ₹348.80 | ₹12.25 (3.64%) |
| 2025-05-13 | ₹350.75 | ₹1.95 (0.56%) |
| 2025-05-14 | ₹353.20 | ₹2.45 (0.70%) |
MMFL for Tomorrow
Last three days were positive and we can see a continuation bullish trend for tomorrow. This data is important as traders can make better swing trading entries for the upcoming months of 2025 or even for long-term targets up to 2030.
MMFL Share Price Target 2025
The share price of MMFL is expected to reach a value of Rs. 363.37 by March 2025. If the Macro and Micro economic factors along with the industry trend support, we might see the target price of MM Forgings Ltd reach Rs. 536.70 by December 2025.
| Month | Target |
|---|---|
| March 2025 target for MMFL | ₹363.37 |
| April 2025 target for MMFL | ₹414.97 |
| May 2025 target for MMFL | ₹428.42 |
| June 2025 target for MMFL | ₹443.05 |
| July 2025 target for MMFL | ₹457.65 |
| August 2025 target for MMFL | ₹472.56 |
| September 2025 target for MMFL | ₹488.10 |
| October 2025 target for MMFL | ₹504.33 |
| November 2025 target for MMFL | ₹520.53 |
| December 2025 target for MMFL | ₹536.70 |
Summary of MMFL Share Price Forecast for 2025
- The initial price target for MM Forgings Ltd in 2025 is projected to be ₹363.37.
- With favorable market conditions, the mid-year price target for MM Forgings Ltd could reach ₹472.56.
- By the end of 2025, the price target for MM Forgings Ltd is expected to potentially reach ₹536.70, considering bullish market trends.
MMFL Share Price Target 2026
As per technical data, the minimum share price target of MMFL is expected to reach Rs. 554.05 and the maximum value that shares of MMFL can reach is Rs. 792.71.
| Month | Target |
|---|---|
| January 2026 target for MMFL | ₹554.05 |
| February 2026 target for MMFL | ₹573.45 |
| March 2026 target for MMFL | ₹592.75 |
| April 2026 target for MMFL | ₹612.92 |
| May 2026 target for MMFL | ₹632.78 |
| June 2026 target for MMFL | ₹654.39 |
| July 2026 target for MMFL | ₹675.96 |
| August 2026 target for MMFL | ₹697.98 |
| September 2026 target for MMFL | ₹720.93 |
| October 2026 target for MMFL | ₹744.90 |
| November 2026 target for MMFL | ₹768.83 |
| December 2026 target for MMFL | ₹792.71 |
Summary of MMFL Share Price Forecast for 2026
- The initial price target for MM Forgings Ltd in 2026 is projected to be ₹554.05.
- With favorable market conditions, the mid-year price target for MM Forgings Ltd could reach ₹654.39.
- By the end of 2026, the price target for MM Forgings Ltd is expected to potentially reach ₹792.71, considering bullish market trends.
MMFL Share Price Target 2027
Using Fibonacci projections, the estimated price target forecast for MM Forgings Ltd (MMFL) in the first half of the year 2027 will be between ₹818.35 - ₹966.54. By the second half of 2027, the share price of MMFL may reach a maximum value of ₹1170.84.
| Month | Target |
|---|---|
| January 2027 target for MMFL | ₹818.35 |
| February 2027 target for MMFL | ₹846.99 |
| March 2027 target for MMFL | ₹875.51 |
| April 2027 target for MMFL | ₹905.29 |
| May 2027 target for MMFL | ₹934.62 |
| June 2027 target for MMFL | ₹966.54 |
| July 2027 target for MMFL | ₹998.40 |
| August 2027 target for MMFL | ₹1,030.92 |
| September 2027 target for MMFL | ₹1,064.82 |
| October 2027 target for MMFL | ₹1,100.22 |
| November 2027 target for MMFL | ₹1,135.58 |
| December 2027 target for MMFL | ₹1,170.84 |
Summary of MMFL Share Price Forecast for 2027
- The initial price target for MM Forgings Ltd in 2027 is projected to be ₹818.35.
- With favorable market conditions, the mid-year price target for MM Forgings Ltd could reach ₹966.54.
- By the end of 2027, the price target for MM Forgings Ltd is expected to potentially reach ₹1,170.84, considering bullish market trends.
MMFL Share Price Target 2028
The share price for MMFL in 2028 could start around ₹1208.71 and potentially climb to ₹1729.34 by the end of the year, subject to overall market and sector conditions.
| Month | Target |
|---|---|
| January 2028 target for MMFL | ₹1,208.71 |
| February 2028 target for MMFL | ₹1,251.02 |
| March 2028 target for MMFL | ₹1,293.13 |
| April 2028 target for MMFL | ₹1,337.13 |
| May 2028 target for MMFL | ₹1,380.45 |
| June 2028 target for MMFL | ₹1,427.59 |
| July 2028 target for MMFL | ₹1,474.65 |
| August 2028 target for MMFL | ₹1,522.68 |
| September 2028 target for MMFL | ₹1,572.75 |
| October 2028 target for MMFL | ₹1,625.04 |
| November 2028 target for MMFL | ₹1,677.26 |
| December 2028 target for MMFL | ₹1,729.34 |
Summary of MMFL Share Price Forecast for 2028
- The initial price target for MM Forgings Ltd in 2028 is projected to be ₹1,208.71.
- With favorable market conditions, the mid-year price target for MM Forgings Ltd could reach ₹1,427.59.
- By the end of 2028, the price target for MM Forgings Ltd is expected to potentially reach ₹1,729.34, considering bullish market trends.
MMFL Share Price Target 2029
The share price for MMFL in 2029 could start around ₹1785.28 and potentially climb to ₹2554.26 by the end of the year, subject to overall market and sector conditions.
| Month | Target |
|---|---|
| January 2029 target for MMFL | ₹1,785.28 |
| February 2029 target for MMFL | ₹1,847.77 |
| March 2029 target for MMFL | ₹1,909.97 |
| April 2029 target for MMFL | ₹1,974.96 |
| May 2029 target for MMFL | ₹2,038.94 |
| June 2029 target for MMFL | ₹2,108.57 |
| July 2029 target for MMFL | ₹2,178.07 |
| August 2029 target for MMFL | ₹2,249.02 |
| September 2029 target for MMFL | ₹2,322.97 |
| October 2029 target for MMFL | ₹2,400.20 |
| November 2029 target for MMFL | ₹2,477.34 |
| December 2029 target for MMFL | ₹2,554.26 |
Summary of MMFL Share Price Forecast for 2029
- The initial price target for MM Forgings Ltd in 2029 is projected to be ₹1,785.28.
- With favorable market conditions, the mid-year price target for MM Forgings Ltd could reach ₹2,108.57.
- By the end of 2029, the price target for MM Forgings Ltd is expected to potentially reach ₹2,554.26, considering bullish market trends.
MMFL Share Price Target 2030
The share price for MMFL in 2030 could start around ₹2636.87 and potentially climb to ₹3772.68 by the end of the year, subject to overall market and sector conditions.
| Month | Target |
|---|---|
| January 2030 target for MMFL | ₹2,636.87 |
| February 2030 target for MMFL | ₹2,729.18 |
| March 2030 target for MMFL | ₹2,821.05 |
| April 2030 target for MMFL | ₹2,917.04 |
| May 2030 target for MMFL | ₹3,011.54 |
| June 2030 target for MMFL | ₹3,114.38 |
| July 2030 target for MMFL | ₹3,217.03 |
| August 2030 target for MMFL | ₹3,321.83 |
| September 2030 target for MMFL | ₹3,431.06 |
| October 2030 target for MMFL | ₹3,545.13 |
| November 2030 target for MMFL | ₹3,659.06 |
| December 2030 target for MMFL | ₹3,772.68 |
Summary of MMFL Share Price Forecast for 2030
- The initial price target for MM Forgings Ltd in 2030 is projected to be ₹2,636.87.
- With favorable market conditions, the mid-year price target for MM Forgings Ltd could reach ₹3,114.38.
- By the end of 2030, the price target for MM Forgings Ltd is expected to potentially reach ₹3,772.68, considering bullish market trends.
MMFL Share Price Target 2031
The share price for MMFL in 2031 could start around ₹3894.7 and potentially climb to ₹5236.2 by the end of the year, subject to overall market and sector conditions.
| Month | Target |
|---|---|
| January 2031 target for MMFL | ₹3,894.70 |
| February 2031 target for MMFL | ₹4,031.03 |
| March 2031 target for MMFL | ₹4,166.73 |
| April 2031 target for MMFL | ₹4,308.51 |
| May 2031 target for MMFL | ₹4,448.08 |
| June 2031 target for MMFL | ₹4,599.98 |
| July 2031 target for MMFL | ₹4,751.60 |
| August 2031 target for MMFL | ₹4,906.38 |
| September 2031 target for MMFL | ₹5,067.72 |
| October 2031 target for MMFL | ₹5,236.20 |
Summary of MMFL Share Price Forecast for 2031
- The initial price target for MM Forgings Ltd in 2031 is projected to be ₹3,894.70.
- With favorable market conditions, the mid-year price target for MM Forgings Ltd could reach ₹4,599.98.
- By the end of 2031, the price target for MM Forgings Ltd is expected to potentially reach ₹5,236.20, considering bullish market trends.
Key Takeaways from Forecasted Price for MMFL from 2025 to 2030
| Year | Initial Target | Mid-Year Target | Year-End Target |
|---|---|---|---|
| 2025 | ₹363.37 | ₹472.56 | ₹536.70 |
| 2026 | ₹554.05 | ₹654.39 | ₹792.71 |
| 2027 | ₹818.35 | ₹966.54 | ₹1,170.84 |
| 2028 | ₹1,208.71 | ₹1,427.59 | ₹1,729.34 |
| 2029 | ₹1,785.28 | ₹2,108.57 | ₹2,554.26 |
| 2030 | ₹2,636.87 | ₹3,114.38 | ₹3,772.68 |
- For MM Forgings Ltd in 2025, a bullish trend might take the stock to a mid-year target of ₹472.56, followed by a steady climb to ₹536.70.
- In 2026, a temporary decline in early months for MM Forgings Ltd is possible, with a recovery expected by mid-year, aiming for ₹654.39.
- Anticipating mixed trends for MM Forgings Ltd in 2027, with rapid movements both upward and downward, yet maintaining an overall upward trajectory towards ₹1,170.84.
- For 2028 and 2029, MM Forgings Ltd is expected to show strong and steady growth, potentially breaking past previous highs and setting new records.
- By 2030, the cumulative impact of market dynamics could lead MM Forgings Ltd to a substantial year-end target, surpassing previous expectations.
Final Words on MM Forgings Ltd (MMFL) Share Price Target up to 2030
To summarize, we have presented MMFL share price targets from 2025, 2026, and up to 2030, based on the most recent trading data and algorithms. These targets serve as potential support and resistance levels for the coming years.
It's essential to note that while these price targets are based on technical analysis, other market conditions and news could also impact the stock's performance. Therefore, these hypothetical targets should be used as guidelines and not as financial advice. Always perform your own due diligence before making any investment.
We wish you all the best in your investing endeavors! Please read the Disclaimer below.
Methodology
Our price forecasting model to analyse targets for MMFL uses detailed & data-driven methods to calculate these monthly price targets. This methodology includes the use of classic tools like long-term floor pivot point analysis, historical price performance metrics, and volatility data. Below, we outline the fundamental components and processes that constitute our forecasting model. It is important to note that these prices are based on mathematical calculations and in no way should these be used as financial advice. The stock market is dynamic, and there are so many factors that influence the prices of stocks that any mathematical model cannot cover.
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