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 20 Jan 2026, Maiden Forgings share price is ₹89.8. The stock opened at ₹90.5 and had closed at ₹90.5 the previous day. During today’s trading session, Maiden Forgings share price moved between ₹89.75 and ₹94.50, with an average price for the day of ₹92.13. Over the last 52 weeks, the stock has recorded a low of ₹50.55 and a high of ₹96.85. In terms of performance, Maiden Forgings share price has increased by 10% over the past six months and has increased by 29.34% over the last year.
Maiden Forgings Fundamental
Market Cap (in crs)
127.62
Face Value
10
Turnover (in lacs)
35.92
Key Metrics
Qtr Change %
77.65% Gain from 52W Low
14.4
Dividend yield 1yr %
0
Maiden Forgings Technical Analysis
Moving Averages Analysis
89.8
Current Price
Bullish Moving Averages
7
Bearish Moving Averages
9
Day EMA5
90.30
Day EMA10
90.70
Day EMA12
90.80
Day EMA20
90.70
Day EMA26
90.40
Day EMA50
88.60
Day EMA100
85.30
Day EMA200
82.10
Delivery & Volume
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Delivery Volume %
Day
47.50%
Week
84.30%
Month
79.40%
Delivery & Volume
Day Rs | 19000 Rs | 40000 Rs |
Week Rs | 48250 Rs | 57250 Rs |
Month Rs | 19684 Rs | 24789 Rs |
Resistance & Support
91.35
Pivot
Resistance
First Resistance
92.95
Second Resistance
96.10
Third Resistance
97.70
Support
First Support
88.20
Second support
86.60
Third Support
83.45
Relative Strength Index
47.91
Money Flow Index
80.31
MACD
0.40
MACD Signal
0.90
Average True Range
2.81
Average Directional Index
34.85
Rate of Change (21)
-1.32
Rate of Change (125)
10.17
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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