Maiden Forgings jumps on reporting 11.5% rise in production in FY26
Maiden Forgings is currently trading at Rs. 82.00, up by 3.13 points or 3.97% from its previous closing of Rs. 78.87 on the BSE.
The scrip opened at Rs. 78.95 and has touched a high and low of Rs. 82.00 and Rs. 77.00 respectively. So far 17000 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 96.85 on 08-Jan-2026 and a 52 week low of Rs. 63.52 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 82.00 and Rs. 71.50 respectively. The current market cap of the company is Rs. 116.54 crore.
The promoters holding in the company stood at 71.97%, while Non-Institutions held 28.03% stake in the company.
Maiden Forgings has reported 11.5% rise in its production quantity at 35,546 MT in the fiscal year ended March 31, 2026 (FY26) as compared to 31,879 MT in the previous year (FY25). Further, its revenue grew over 9.5% year-on-year to over Rs 233 crore in the FY26.
Additionally, the company has completed construction of its new plant. The plant is expected to become operational by the end of Q1FY27, with Unit II fully relocated to the new premises.
