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MM Forgings - Attractive Valuation; Retaining A Buy: Anand Rathi

We raise our multiple on higher Ebitda growth and coming EV opportunities

Steel forgings in raw, semi-machined and fully machined stages in various grades of Carbon, Alloy, Micro-Alloy and Stainless Steels in the weight range of 0.20 Kg to 60 Kg manufactured by MM Forgings Ltd. (image: Company website)
Steel forgings in raw, semi-machined and fully machined stages in various grades of Carbon, Alloy, Micro-Alloy and Stainless Steels in the weight range of 0.20 Kg to 60 Kg manufactured by MM Forgings Ltd. (image: Company website)
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