Should I buy Tirupati Forge stock in 2025?
Is it the right time to buy Tirupati Forge?
Tirupati Forge Limited, a leading player in India's castings and forgings sector, is currently trading around ₹46.34 on the NSE and BSE, with a recent average daily trading volume of approximately 188,400 shares. In the last year, the stock has showcased remarkable resilience with a 78.92% gain, supported by strong sales growth and strategic expansion into automotive and aerospace components. The recent commissioning of a 4.8 MW solar plant signals the company's commitment to operational efficiency and sustainability, while new client approvals have bolstered revenue momentum since FY22. Recent quarterly results showed a dip in net profit, reflecting short-term sector cyclicality, but long-term sales growth remains robust, projected at nearly 20% over the coming year. Market sentiment is neutral to slightly optimistic, as the stock consistently trades above all major moving averages, highlighting broad technical strength. The price-to-earnings ratio is considerably high, suggesting some valuation caution, but industry growth and ongoing innovation may sustain investor interest. In a sector benefiting from India's manufacturing growth and rising demand for advanced forged components, analysts from more than 8 national and international banks agree on a target price of ₹60.24, indicating continued potential for appreciation.
- ✅Strong projected sales growth near 20% year-on-year.
- ✅Robust operating trends; trades above all key moving averages.
- ✅Strategic expansion into automotive and aerospace components.
- ✅Recent commissioning of solar plant to reduce energy costs.
- ✅Diverse and growing client base, including major Indian companies.
- ❌High valuation with PER at 69.77 compared to industry peers.
- ❌Recent quarterly profit decline highlights sector cyclicality.
- ✅Strong projected sales growth near 20% year-on-year.
- ✅Robust operating trends; trades above all key moving averages.
- ✅Strategic expansion into automotive and aerospace components.
- ✅Recent commissioning of solar plant to reduce energy costs.
- ✅Diverse and growing client base, including major Indian companies.
Is it the right time to buy Tirupati Forge?
- ✅Strong projected sales growth near 20% year-on-year.
- ✅Robust operating trends; trades above all key moving averages.
- ✅Strategic expansion into automotive and aerospace components.
- ✅Recent commissioning of solar plant to reduce energy costs.
- ✅Diverse and growing client base, including major Indian companies.
- ❌High valuation with PER at 69.77 compared to industry peers.
- ❌Recent quarterly profit decline highlights sector cyclicality.
- ✅Strong projected sales growth near 20% year-on-year.
- ✅Robust operating trends; trades above all key moving averages.
- ✅Strategic expansion into automotive and aerospace components.
- ✅Recent commissioning of solar plant to reduce energy costs.
- ✅Diverse and growing client base, including major Indian companies.
- What is Tirupati Forge?
- Tirupati Forge Stock Price
- Our full analysis of the Tirupati Forge stock
- How to buy Tirupati Forge stock in India?
- Our 7 tips for buying Tirupati Forge stock
- The latest news about Tirupati Forge
- FAQ
- On the same topic
Why trust HelloSafe ?
At HelloSafe, our expert has been tracking the performance of Tirupati Forge for over three years. Every month, lakhs of users in India trust us to analyze market trends and identify the best investment opportunities. Our analyses are provided for informational purposes and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, compensated by Tirupati Forge.
What is Tirupati Forge?
Indicator | Value | Analysis |
---|---|---|
🏳️ Nationality | India | Local manufacturing focus offers strategic growth opportunities in the Indian market. |
💼 Market | NSE, BSE | Dual listing ensures good liquidity and retail access for Indian investors. |
🏛️ ISIN code | INE319Y01024 | Valid ISIN enables regulated trading and portfolio tracking. |
👤 CEO | Hiteshkumar Gordhanbhai Thummar | Seasoned leadership supports expansion and adoption of new technologies. |
🏢 Market cap | ₹548 crores | Small-cap profile means potential for rapid growth, but with higher volatility. |
📈 Revenue | ₹27.50 crores (Q4 FY25) | Quarterly revenue reflects continued momentum from new client approvals. |
💹 EBITDA | ₹3.10 crores (Q4 FY25) | Positive EBITDA signals operational strength despite recent profit decline. |
📊 P/E Ratio (Price/Earnings) | 69.77 | Elevated P/E suggests high market expectations; growth needs to sustain this valuation. |
Tirupati Forge Stock Price
The price of Tirupati Forge stock is rising this week. The current price is ₹46.34, showing a 2.97% drop in the last 24 hours but a positive weekly gain of 4.06%. With a market capitalization of ₹548 crores and an average 3-month trading volume of about 188,400 shares, Tirupati Forge shows moderate market activity. The stock trades at a P/E Ratio of 69.77, offers no dividend yield at present, and maintains a low beta of 0.42, indicating limited volatility. Investors should note the elevated valuation, but the recent upward trend suggests potential for growth.
Our full analysis of the Tirupati Forge stock
After reviewing Tirupati Forge’s latest financial results and examining its stock performance over the past three years, our proprietary algorithms have synthesized a wide range of inputs—including core financial indicators, technical market signals, and sectoral data. By benchmarking Tirupati Forge’s evolution against sector peers and modeling future catalysts, we provide an in-depth interpretation of the stock’s current place in the manufacturing and engineering landscape. So, why might Tirupati Forge stock once again become a strategic entry point into the advanced manufacturing sector in 2025?
Recent performance and market context
Despite a minor intraday dip of -2.97% to ₹46.34, Tirupati Forge has posted a robust gain of 78.92% over the past twelve months, illustrating its resilience in a challenging environment. Notably, it has outperformed many peers even as the broader indices experienced volatility and cyclical shifts. Positive momentum has been driven by the commissioning of a new 4.8 MW solar plant in May 2025, which is expected to reduce operational costs and underpin future EBITDA margins. The company’s ability to secure new approvals from major Indian automakers between FY22 and FY24 bolstered revenue growth by 25% during that period. Against the backdrop of India’s continued investment in infrastructure and a bullish manufacturing sector, Tirupati Forge is poised to benefit from strong end-market demand and progressive policy reforms.
Technical analysis
Technical indicators continue to support a bullish thesis for Tirupati Forge. The stock has consistently traded above key moving averages (20, 50, 100, and 200 days), confirming an established upward trend. The RSI stands at 63.1, indicating positive but not yet overbought momentum, while the MACD remains on a clear bullish trajectory and sits above the signal line. Support around ₹42.8 and immediate support at ₹45.37 provide a technical floor for buyers, while resistance is noted near ₹49.50 and a major pivot near the 52-week high of ₹72.88. The stock currently sits well above its longer-term supports, which creates an ideal structure for further accumulation on technical pullbacks and strong setups for swing traders. Momentum remains clearly in favor of bulls—reinforced by a healthy technical formation rarely seen in mid-cap manufacturing plays.
Fundamental analysis
Tirupati Forge’s fundamentals are characterized by impressive topline growth and disciplined strategic expansion. Over FY24 and FY25, revenues have registered a double-digit compound annual growth, while operating profit has grown in tandem with investments into renewable energy and precision machinery. The company’s current P/E ratio of 69.77 reflects market confidence in ongoing high-growth phases and premium valuations attributed to niche players with significant market share. While the last quarterly report saw net profit under pressure—a decrease of 32% quarter-over-quarter—this was set against a backdrop of sector-wide cyclical adjustment and does not undermine the broader multi-year growth trajectory. Structural advantages include a certified ISO 9001:2008 operational backbone, cutting-edge CNC equipment, and an automated paint line, all of which contribute to improved efficiency, scale, and product diversification. The company’s penetration into automotive and aerospace components, along with established relationships with India’s leading manufacturers, suggests long-term sustainability and margin enhancement potential.
Volume and liquidity
Average daily trading volume remains healthy at 188,400 shares, supporting both liquidity for institutional entrants and robust retail participation. Such sustained activity points to heightened market interest and the potential for swift, powerful price movements—especially when new catalysts materialize. Tirupati Forge’s share float, with public investors holding 51.12% and promoters retaining 48.88%, provides a dynamic balance that typically supports re-rating potential. This composition allows for sufficient liquidity while maintaining an engaged promoter base, a blend that is increasingly prized in growth-oriented segments.
Catalysts and positive outlook
The outlook for Tirupati Forge remains distinctly constructive. Catalysts on the horizon include planned expansion into new categories of forged automotive components, enhanced penetration into India’s fast-growing vehicle and machinery markets, and revenue opportunities from new client wins. Commitment to ESG and the integration of solar power are set to boost operational efficiency and appeal to environmentally conscious investors. Additional growth avenues may open as the Indian government continues its ambitious infrastructure push and prioritizes homegrown manufacturing under programs like “Make in India.” Innovations in process automation are likely to reduce cycle times and boost competitive positioning, while ongoing certifications and a pipeline of approval from blue-chip clients further de-risk the business model. Should the company pursue strategic tie-ups or M&A in adjacent segments, it could accelerate medium-term revenue growth and broaden its product base.
Investment strategies
From a short-term perspective, recent support above ₹45.37 and the technical base above ₹42.8 set up appealing entry points, especially for traders seeking to capture momentum-driven moves or cyclical rebounds. The medium-term thesis is anchored in the anticipation of ongoing fundamental improvement: investors may look for confirmation of margin recovery in the next quarterly reports, as well as the benefits accruing from operational energy savings. For the long term, the company’s favorable structural mix—exposure to high-demand end-markets, an experienced management team, and scalable manufacturing processes—suggests that Tirupati Forge may be entering a renewed bullish phase. Positioning ahead of upcoming catalysts, such as further capacity announcements or landmark contracts with OEMs, could therefore offer an attractive risk/reward profile.
Is it the right time to buy Tirupati Forge?
In summary, Tirupati Forge shines due to a rare confluence of strengths: multi-year sales growth, a substantial uptrend, best-in-class technicals, strategic positioning in the value-added manufacturing supply chain, and a forward-looking approach to ESG and operational efficiency. Although valuation remains elevated, it is justified by robust fundamentals and the prospect of sustained high growth. For investors seeking exposure to India’s manufacturing renaissance, the timing seems particularly favorable. With compelling technical support, a promising innovation pipeline, and clear market confidence as evidenced by strong volumes and a solid float structure, Tirupati Forge may be entering a new bullish phase that warrants close attention and serious consideration from discerning market participants. The current setup seems to represent an excellent opportunity for both traders and long-term investors looking to participate in India’s dynamic industrial growth story.
How to buy Tirupati Forge stock in India?
Buying Tirupati Forge stock online is now straightforward, secure, and accessible for investors in India. All you need is to register with a regulated broker, which guarantees transaction security and access to the main Indian exchanges. There are two main ways to invest: buying shares directly (spot/cash) to become an owner, or trading through CFDs for short-term strategies and leverage. Each approach suits different investor profiles and objectives. If you want to find the best deal, remember that a broker comparison is available further down the page.
Spot buying
A cash purchase means buying Tirupati Forge shares on the stock exchange to become the direct owner. Fees usually include a fixed commission per order, commonly around ₹50–₹100 depending on the Indian broker.
Tirupati Forge Share: Gain Scenario Example
If the Tirupati Forge share price is ₹46.34, you can buy around 21 shares with a $1,000 (approx. ₹83,000) stake, including a brokerage fee of around $5.
✔️ Gain scenario:
If the share price rises by 10%, your shares are now worth $1,100.
Result: +$100 gross gain, i.e. +10% on your investment.
Trading via CFD
CFD trading on Tirupati Forge shares lets you speculate on price movements with leverage, without owning the shares. Fees typically include the spread (difference between buy/sell price) and overnight financing, which applies if you hold positions for several days.
Example of a CFD Gain Scenario
You open a CFD position on Tirupati Forge shares, with 5x leverage and a $1,000 margin.
This gives you a market exposure of $5,000.
✔️ Gain scenario: If the stock rises by 8%, your position gains 8% × 5 = 40%.
Result: +$400 gain, on a bet of $1,000 (excluding fees).
Final advice
Before you invest in Tirupati Forge, it is essential to compare brokers, looking at all conditions and fees. The right choice depends on your investment objectives and trading style: spot buying is ideal for long-term holders, while CFDs can suit more active traders seeking flexibility. For more details, review our broker comparison further down the page.
Check out the best brokers in India!Compare brokersOur 7 tips for buying Tirupati Forge stock
📊 Step | 📝 Specific tip for Tirupati Forge |
---|---|
Analyze the market | Assess the Indian auto and manufacturing sector, watching demand trends that drive Tirupati Forge’s growth. |
Choose the right trading platform | Use a SEBI-regulated broker that provides direct access to BSE/NSE and low transaction fees for Tirupati Forge. |
Define your investment budget | Allocate a portion of your capital, considering Tirupati Forge’s recent volatility and the importance of diversification. |
Choose a strategy (short or long term) | Decide if you want to benefit from trading swings or prefer holding Tirupati Forge as India’s auto industry expands. |
Monitor news and financial results | Track quarterly reports and major news like new contracts, as these can significantly impact Tirupati Forge’s stock. |
Use risk management tools | Protect your investment by setting stop-loss orders and reviewing your position regularly in Tirupati Forge. |
Sell at the right time | Sell on technical highs or after positive events when Tirupati Forge’s price aligns with your target return. |
The latest news about Tirupati Forge
Tirupati Forge shares rose 4.06% over the last week, outperforming key sector indices. This short-term rally signals increased investor confidence, possibly linked to positive sector news and technical breakouts on the NSE and BSE, with recent trading volumes averaging over 188,000 shares per day in India.
The company’s shares maintain a position above all major moving averages, supporting a continued bullish trend. Over the past few sessions, Tirupati Forge has consistently traded above its 20-, 50-, 100-, and 200-day moving averages, with the current price at ₹46.34 and a strong support zone near ₹42.8, highlighting robust technical support amid positive local sentiment.
The appointment of new board members was ratified at the July 2025 annual meeting, strengthening governance. This recent move, approved in India, aligns with the company’s long-term strategy, aiming to enhance oversight and business development as the firm diversifies in automotive and energy markets.
Tirupati Forge recently commissioned a 4.8 MW solar power plant to reduce operational costs and carbon footprint. This green investment is expected to improve operating margins in the coming quarters and aligns with India’s sustainability focus, reinforcing the company’s appeal for ESG-oriented investors.
The company remains a key beneficiary of Indian automotive sector growth, with fresh customer approvals driving business expansion. Recent supply agreements with major Indian firms and sectoral growth trends position Tirupati Forge to capitalize on rising demand for forged automotive components nationwide.
FAQ
What is the latest dividend for Tirupati Forge stock?
Tirupati Forge does not currently pay a dividend. The company has not declared any dividend for its shareholders in recent years. Management appears focused on reinvesting profits to support ongoing expansion and growth, which is common among Indian manufacturing firms in an accelerated development phase.
What is the forecast for Tirupati Forge stock in 2025, 2026, and 2027?
Based on projections, Tirupati Forge could reach ₹60 at the end of 2025, ₹70 in 2026, and ₹92 in 2027. These forecasts reflect sector momentum in automotive manufacturing and positive technical trends, with the company positioned to benefit from robust domestic demand and newly secured client approvals.
Should I sell my Tirupati Forge shares?
Holding your Tirupati Forge shares could be a strong long-term strategy. The stock demonstrates resilience, trading above its major moving averages and benefitting from market optimism around its energy and automotive expansion. The company’s innovative approach and client diversification suggest further growth potential for patient investors.
How are Tirupati Forge dividends and capital gains taxed in India?
Tirupati Forge is fully eligible under Indian tax rules. While there are no dividends currently, long-term capital gains (shares held over 1 year) are taxed at 10% above ₹1 lakh annual exemption. Investors should also consider that regular returns may be taxed according to their slab if dividends are reinstated in future.
What is the latest dividend for Tirupati Forge stock?
Tirupati Forge does not currently pay a dividend. The company has not declared any dividend for its shareholders in recent years. Management appears focused on reinvesting profits to support ongoing expansion and growth, which is common among Indian manufacturing firms in an accelerated development phase.
What is the forecast for Tirupati Forge stock in 2025, 2026, and 2027?
Based on projections, Tirupati Forge could reach ₹60 at the end of 2025, ₹70 in 2026, and ₹92 in 2027. These forecasts reflect sector momentum in automotive manufacturing and positive technical trends, with the company positioned to benefit from robust domestic demand and newly secured client approvals.
Should I sell my Tirupati Forge shares?
Holding your Tirupati Forge shares could be a strong long-term strategy. The stock demonstrates resilience, trading above its major moving averages and benefitting from market optimism around its energy and automotive expansion. The company’s innovative approach and client diversification suggest further growth potential for patient investors.
How are Tirupati Forge dividends and capital gains taxed in India?
Tirupati Forge is fully eligible under Indian tax rules. While there are no dividends currently, long-term capital gains (shares held over 1 year) are taxed at 10% above ₹1 lakh annual exemption. Investors should also consider that regular returns may be taxed according to their slab if dividends are reinstated in future.