MM Forgings: MM Forgings manufactures steel forgings with primary focus on the auto sector

MM Forgings: MM Forgings manufactures steel forgings with primary focus on the auto sector (around 76 per cent of sales).MM Forgings exports (around 73 per cent of sales) mainly to US where we expect strong demand on the back of economic growth, higher industrial spending and increasing replacement demand. The company is also expanding its capacity from 40,000 tonnes to 50,000 tonnes to cater to the increasing demand.hope this helps to find a bet on auto sector. Do you research before investing.