bell
The current prices are delayed by 15 mins, login to check live prices.
Ganga Forging Ltd share price logo

Ganga Forging Ltd

(GANGAFORGE)

₹8.974.91%

as on 04:01PM, 19 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    ₹8.12
    ₹8.97
  • 52 Week's Low

    52 Week's High

    ₹5.8
    ₹17.5
1 Month Return+ 17.45 %
3 Month Return+ 6.21 %
1 Year Return+ 33.59 %
Previous Close₹8.55
Open₹8.61
Volume43.26L
Upper Circuit-
Lower Circuit-
Market Cap₹115.26Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹115.26 Cr
P/B Ratio2.42
EPS0
Dividend Yield0
SectorCastings, Forgings & Fastners
ROE1.97

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹115.26 Cr101.28%0.76NANA
NA₹16.11 Cr100.41%0.60NANA
NA₹226.67 Cr57.63%0.79₹3 Cr₹87 Cr
NA₹357.77 Cr15.94%0.57₹9 Cr₹94 Cr
NA₹12.80 Cr80.99%0.86NANA

Company Information

Ganga Forging Limited was founded in 1988 at Ahmedabad, India, as a private limited company and was converted to a public limited company in October 2017. The company manufactures closed-die forged products catering to the automotive and non-automotive segments, including commercial vehicles, passenger cars, three-wheelers, two-wheelers, tractors, electric power transmission, dairy equipment, agricultural gear, gear boxes, crank shafts, and flanges. With ISO 9001:2008 certification, a strong Quality Assurance System, and an in-house testing laboratory, the company ensures its products meet all applicable requirements. Founded by Mr. Hiralal Tilva and Late Mr. Chhaganlal Patel, and later joined by Mr. Rakesh Chhaganlal Patel, Ganga Forging Ltd has extended its sales and operations. The company primarily sells their products as semi-finished goods to suppliers who do further grinding.

Share Price: ₹8.97 per share as on 19 Sep, 2024 04:01 PM
Market Capitalisation: ₹115.26Cr as of today
Listing date: 11 Jul, 2018
Chairperson Name: Hiralal Mahidasbhai Tilva
OrganisationGanga Forging Ltd
Headquarters
IndustryCastings, Forgings & Fastners
E-voting on sharesClick here to vote

Insights on Ganga Forging Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 59.14% to 59.26% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Jindal Steel & Power Ltd has given 191.9% return, outperforming this stock by 229.7%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Jindal Steel & Power Ltd has given 48.8% return, outperforming this stock by 15.2%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 0.04% to 0.00% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 years, GANGAFORGE stock has moved down by -37.8%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 40.82% to 40.63% in Jun 2024 quarter

Company Financials

Value in ₹ crore
Details2021202220232024
Total Assets₹31.07Cr (-)₹31.04Cr (↓0.10%)₹34.73Cr (↑11.89%)₹46.31Cr (↑33.34%)
Total Liabilities₹20.35Cr (-)₹19.39Cr (↓4.72%)₹21.39Cr (↑10.31%)₹14.90Cr (↓30.34%)
Value in ₹ crore
Details20192020202120222023
Operating Cash Flow-₹1.83Cr (-)₹2.35Cr (↓228.42%)₹1.98Cr (↓15.74%)₹1.33Cr (↓32.83%)-₹1.09Cr (↓181.95%)
0

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
40.63%
-0.46
Foreign Institutions
0%
-100.00
Mutual Funds
0%
0.00
Retail Investors
59.26%
0.21
Others
0.11%
0.00

Key Indicators

Details2021202220232024
Return On Equity %2.324.98.781.97

Earnings and Dividends

  • Ganga Forging Ltd Earnings Results

    Ganga Forging Ltd’s net profit jumped 66.67% since last year same period to ₹0.20Cr in the Q1 2024-2025. On a quarterly growth basis, Ganga Forging Ltd has generated 1100% jump in its net profits since last 3-months.

    Read More about Earnings Results

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Ganga Forging Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Ganga Forging Ltd shares.

Ganga Forging Ltd (GANGAFORGE) share price today is ₹8.97

Ganga Forging Ltd is listed on NSE

Ganga Forging Ltd is not listed on BSE

  • Today’s highest price of Ganga Forging Ltd is ₹8.97.
  • Today’s lowest price of Ganga Forging Ltd is ₹8.12.

Today’s traded volume of Ganga Forging Ltd(GANGAFORGE) is 43.26L.

Today’s market capitalisation of Ganga Forging Ltd(GANGAFORGE) is ₹115.26Cr.

Ganga Forging Ltd(GANGAFORGEPrice
52 Week High
₹17.5
52 Week Low
₹5.8

Ganga Forging Ltd(GANGAFORGE) share price is ₹8.97. It is down -48.74% from its 52 Week High price of ₹17.5

Ganga Forging Ltd(GANGAFORGE) share price is ₹8.97. It is up 54.66% from its 52 Week Low price of ₹5.8

Ganga Forging Ltd(GANGAFORGEReturns
1 Day Returns
0.42%
1 Month Returns
17.45%
3 Month Returns
6.21%
1 Year Returns
33.59%