1Y Annualised Return
▼-34.94%
3Y Annualised Return
▲10.83%
EL Forge Stock Performance
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EL Forge Company background
Founded in: 1934
Managing director: K V Ramachandran
EL Forge Limited was originally incorporated as Ellore Electric Supply Corporation Limited in 1934, in Tamil Nadu. The name of the Company was changed to Ellore Engineering Company Limited in 1964, and subsequently to El Forge Limited in 1979. Company started its forging operations during 1963. The Company is engaged in the business of manufacturing Rough Steel Forgings i.e., fuel injection forgings, steering rods, tie rods, engine and gear boxes, starter items etc. for automobile industry. The Company exports its products to the US, Germany, Sri Lanka, China, Malaysia, etc. It has a manufacturing unit at Appur Village, near Chennai. The present installed capacity of forgings is 12000 TPA.The Company became the largest manufacturer of forgins in South India after the merger of Chendur Forge Export, a company in the same line of business with the company(with effective from April 1, 1995). To fund this acquisition of Chendur Forgings and financing the cost of machinery to augment longterm working capital, the company came out with a rights issue at a premium of Rs.30 aggregating Rs.3.51 Cr in 1995.In 199596, the installed capacity of forgings was expanded from 10,200 TPA to 18,200 TPA. And during 199899, the Company has put up an additional state of the art machinery and software in the tool room at a cost of Rs.167.75 lakhs.On Qulity front, El Forges all factories/plants are ISO 9000 accredited. Apart from this one of the plant is QS 9000 approved. Two more factories have been certified for QS 9000 and it is anticipated that all the five factories will be QS 9000 approved by March 2002.The Company embarked on Modernization cum Expansion Plant at Attur, which got commissioned in 200607. Shakespeare Forgings Ltd, UK ceased to be a subsidiary company during the year due to drop in UK business in 2015.
EL Forge Share Price Today
As of 7 Mar 2026, EL Forge share price is ₹14.9. The stock opened at ₹15 and had closed at ₹14.5 the previous day. During today’s trading session, EL Forge share price moved between ₹14.63 and ₹15.25, with an average price for the day of ₹14.94. Over the last 52 weeks, the stock has recorded a low of ₹12.85 and a high of ₹27.38. In terms of performance, EL Forge share price has declined by 25.6% over the past six months and has declined by 34.94% over the last year.
EL Forge SIP Return Calculator
₹5,000
Over the past
Total Investment of ₹1,80,000
Monthly SIP of ₹5,000 would have become ₹2,13,475 in 3 years with a gain of ₹33,475 (+18.60%)

View details of Market Depth
EL Forge Fundamental
Market Cap (in crs)
30.20
Face Value
10
Turnover (in lacs)
2.01
Key Metrics
Qtr Change %
45.73% Fall from 52W High
4.6
Dividend yield 1yr %
0
EL Forge Technical Analysis
Moving Averages Analysis
14.86
Current Price
Bullish Moving Averages
2
Bearish Moving Averages
14
Day EMA5
14.80
Day EMA10
15.10
Day EMA12
15.20
Day EMA20
15.50
Day EMA26
15.60
Day EMA50
15.80
Day EMA100
16.50
Day EMA200
18.20
Delivery & Volume
Loading chart...
Delivery Volume %
Day
88.00%
Week
91.90%
Month
83.40%
Delivery & Volume
Day Rs | 11893 Rs | 13510 Rs |
Week Rs | 10008 Rs | 10890 Rs |
Month Rs | 7808 Rs | 9365 Rs |
Resistance & Support
14.91
Pivot
Resistance
First Resistance
15.20
Second Resistance
15.53
Third Resistance
15.82
Support
First Support
14.58
Second support
14.29
Third Support
13.96
Relative Strength Index
40.37
Money Flow Index
23.09
MACD
-0.44
MACD Signal
-0.27
Average True Range
0.99
Average Directional Index
38.15
Rate of Change (21)
-11.23
Rate of Change (125)
-26.40
EL Forge Peer comparison
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EL Forge Latest News
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EL Forge Share Price FAQs
Please be aware that EL Forge stock prices are subject to continuous fluctuations due to various factors.