Maiden Forgings Ltd
Maiden Forgings | 543874
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About Company
- Maiden Forgings Limited was originally incorporated on February 11, 2005 as a Private Limited Company as Maiden Forgings Private Limited
- Later on, the Company's 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, stainless-steel and alloy steel products
- The Company's 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
- 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
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of Maiden Forgings Ltd?
The current share price of Maiden Forgings Ltd (Maiden Forgings) is ₹84.21. This price reflects the latest market valuation and is updated in real-time during trading hours.
What is the 52-week high and low of Maiden Forgings Ltd?
Maiden Forgings Ltd has a 52-week high of ₹96.85 and a 52-week low of ₹63.52. This range shows the stock's price volatility over the past year.
What is the ROE of Maiden Forgings Ltd?
Maiden Forgings Ltd has a Return on Equity (ROE) of 8.21%. ROE measures how effectively the company uses shareholders' equity to generate profits, with higher values generally indicating better performance.
Disclaimer:
Please note that the above list and information is for research purposes only and are not recommendations. Do your own due diligence or consult an investment advisor before investing. The above data is dynamic in nature and subject to real-time changes and is derived from CMOTS.
