DSIJ Mindshare

The net profitability of the company shot up by whopping 2282 per cent from the corresponding quarter last year to Rs 3.29 crore

Maiden Forgings Limited is a New Delhi registered company, engaged in manufacturing and selling ferrous metal products.

Nifty closed around the day's high by rallying 42 points or 0.24 per cent to close around 17,600 level on the weekly expiry day.  S&P BSE Sensex also closed around the day’s high with rise more than 143 points. Nifty Midcap 100 rallied 0.64 per cent after 2 days’ consolidation and Nifty Small cap 100 rallied 0.78 per cent.   

The broader market indices were trading higher, with the BSE Mid-cap Index up 0.71 per cent and the BSE Small-cap Index up 0.70 per cent

The stock has a PE of 12.98x whereas the sectoral PE is 34x and gave multibagger returns of 175 per cent in just 3 years.