FrontPage is India's Stock Market Social Network
Join 50,000+ Traders and Investors

MMFL Consensus Forecast

No. of reports in last year
3
No. of analysts
2
Average Consensus Forecast
553
Consensus Potential
-49.75%

MMFL Price Target Potential

BrokerageTargetPotential
ICICIdirect.com7906.81%
CD Equisearch339-117.17%

MMFL Targets in FrontPage Forums

0 Users have submitted 0 trade ideas of Rs. 0 for MMFL
0% Bullish
0% Bearish
See buy or sell ideas on FrontPage Forums >>

MMFL Ratings

Long term MMFL rating by FrontPage users
3/5 (1 Ratings)

3 MMFL share price target reports by brokerages below. See what is analyst's view on MMFL share price forecast, rating, estimates, valuation and prediction behind the target. You may use these research report forecasts for long-term to medium term for your investment or trades in 2020.
  1. Home
  2. MMFL Forum
  3. MMFL Price Target

MMFL Share Price Target

MMFL Share Price Target - Broker Reports - 2021

23-Jun-21
Price @ Call: 682
Target: 790
BUY

MMFL Share Price Target - Broker Reports - 2020

30-Dec-20
Price @ Call: 388.63
Target: 530
BUY
31-Oct-20
Price @ Call: 306.44
Target: 339
ACCUMULATE
26-Feb-20
Price @ Call: 400.19
Target: 436
BUY
The stock currently trades at 18.4 x FY20e EPS of Rs 21.34 and 15.3x FY21e EPS of Rs 25.67. Since the auto industry is currently under stress, vigorous volume growth is not expected over the next few quarters. However, SIAM expects things to turnaround in 2020-21 with the upcoming scrappage policy. Revival in volumes would trigger OPM improvement thereby driving earnings growth of some 20.3% next fiscal. On balance, we assign “accumulate” rating on the stock with a target price of Rs 436 based on 17x FY21e EPS of Rs 25.67.
... Read more

MMFL Share Price Target - Broker Reports - 2019

27-Jun-19
Price @ Call: 487.5
Target: 510
HOLD
We estimate sales, EBITDA, PAT will grow at 13.1%, 14.8%, 9.7% CAGR, respectively, in FY19P-21E. With the CV industry in India and the US likely to peak out in FY20E, volume growth prospects appear moderate, going forward. We value the company at 12.5x FY21E EPS of | 40.6/share to arrive at a target price of Rs 510. We have a HOLD rating on the stock. We do not ascribe any value to the 2018 acquisition of DVS Industries as profitability at the subsidiary is muted and operations are yet to turn around.
... Read more

MMFL Share Price Target - Broker Reports - 2018

27-Dec-18
Price @ Call: 650
Target: 719
ACCUMULATE
21-Sep-18
Price @ Call: 596.37
Target: 809
BUY
31-Jul-18
Price @ Call: 618.9
Target: 777
BUY
18-Jul-18
Price @ Call: 682
Target: 825
BUY
14-Jun-18
Price @ Call: 660.05
Target: 825
BUY
18-Jan-18
Price @ Call: 572
Target: 700.5
BUY

MMFL Share Price Target - Broker Reports - 2017

29-Nov-17
Price @ Call: 438.75
Target: 643.75
BUY
Join FrontPage
FrontPage is India's favorite stock discussions community
Join 2,00,000 Indian traders and discuss trades, strategies, news & views on any stock.
  • MMFL Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3799.73
    Upside Target 2780.37
    Upside Target 1748.73
    Pivot729.37
    Downside Target 1697.73
    Downside Target 2678.37
    Downside Target 3646.73
  • MMFL Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3811.52
    Upside Target 2789.23
    Upside Target 1753.17
    Pivot730.88
    Downside Target 1694.82
    Downside Target 2672.53
    Downside Target 3636.47
  • MMFL Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 31,019.43
    Upside Target 2869.07
    Upside Target 1772.03
    Pivot621.67
    Downside Target 1524.63
    Downside Target 2374.27
    Downside Target 3277.23
  • MMFL Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3780.37
    Upside Target 2760.88
    Upside Target 1748.85
    Pivot729.37
    Downside Target 1709.88
    Downside Target 2697.85
    Downside Target 3678.37
  • MMFL Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3789.23
    Upside Target 2766.94
    Upside Target 1753.17
    Pivot730.88
    Downside Target 1708.59
    Downside Target 2694.82
    Downside Target 3672.53
  • MMFL Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3869.07
    Upside Target 2774.56
    Upside Target 1716.17
    Pivot621.67
    Downside Target 1527.16
    Downside Target 2468.77
    Downside Target 3374.27
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
DISCLAIMER: Information is provided "as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and FrontPage will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein.
PrivacyTerms
FrontPage © 2020