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Garg Furnace Ltd

(530615)

₹3621.62%

as on 04:01PM, 19 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹355
    ₹375
  • 52 Week's Low

    52 Week's High

    ₹140
    ₹441.2
1 Month Return+ 22.16 %
3 Month Return+ 22.69 %
1 Year Return+ 149.71 %
Previous Close₹367.95
Open₹371.00
Volume13.00K
Upper Circuit-
Lower Circuit-
Market Cap₹169.58Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹169.58 Cr
P/B Ratio0.79
EPS0
Dividend Yield0
SectorSteel
ROE20.43

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹169.58 Cr569.19%0.60NANA
BUY₹6,306.52 Cr198.88%0.64₹297 Cr₹6,146 Cr
NA₹150.42 Cr-1.31%0.67NANA
NA₹30.54 Cr1.9%0.78NANA
NA₹2,446.24 Cr400.79%0.63₹30 Cr₹1,046 Cr

Company Information

Garg Furnace, established in December 1973, is a public limited company that manufactures alloy steel. It has its manufacturing facilities located at Ludiana, Punjab and began operations in 1974 with a 1 tonne arc furnace. To improve their technology, it was scrapped and a 0.5 metric tonne induction melting furnace was installed. In 1988, it added a rolling mill for the production of MS hot rolled rounds. The capacity was continually increased from 1989-1994 and then again in March 1995. They completed an expansion-cum-forward integration plan in 1995, to set up a new induction melting furnace and a wire rod mill with a combined capacity of 72,000 and 30,000 tonnes per annum respectively. Since then, they have been supplying their products to Indian Railways, thermal power stations, cement plants, sugar mills and auto, bicycle and sewing machine parts manufacturers.

Share Price: ₹362.00 per share as on 19 Sep, 2024 04:01 PM
Market Capitalisation: ₹169.58Cr as of today
Listing date: 01 Jan, 0001
Chairperson Name: Devinder Garg
OrganisationGarg Furnace Ltd
Headquarters
IndustrySteel
E-voting on sharesClick here to vote

Key events for Garg Furnace Ltd

  • Garg Furnace Acquires Majority Stake in Vanira Industries - 07 Sep, 2024

    Garg Furnace announced the acquisition of a 51% stake in Vanira Industries, aiming to expand into alloy steel and fasteners. The stock has seen significant growth over the past year but recently declined from its peak.

Insights on Garg Furnace Ltd

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

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 years, Garg Furnace stock has moved up by 1836.6%

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 68.86% to 68.89% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, Garg Furnace has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, Garg Furnace has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 31.14% to 31.11% in Jun 2024 quarter

Company Financials

Value in ₹ crore
Details2020202120222023
Total Assets₹47.93Cr (-)₹43.89Cr (↓8.43%)₹49.84Cr (↑13.56%)₹58.77Cr (↑17.92%)
Total Liabilities₹34.71Cr (-)₹35.41Cr (↑2.02%)₹35.11Cr (↓0.85%)₹38.07Cr (↑8.43%)
Value in ₹ crore
Details20192020202120222023
Operating Cash Flow₹30.87Cr (-)₹22.78Cr (↓26.21%)₹2.98Cr (↓86.92%)₹0.25Cr (↓91.61%)₹8.45Cr (↑3,280.00%)
0

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
68.89%
0.04
Foreign Institutions
0%
0.00
Mutual Funds
0%
0.00
Retail Investors
31.11%
-0.10
Others
0%
-100.00

Key Indicators

Details2019202020222023
Return On Equity %-37.58-24.7333.6720.43

Earnings and Dividends

  • Garg Furnace Ltd Earnings Results

    Garg Furnace Ltd’s net profit jumped 205.88% since last year same period to ₹1.56Cr in the Q1 2024-2025. On a quarterly growth basis, Garg Furnace Ltd has generated -44.88% fall in its net profits since last 3-months.

    Read More about Earnings Results

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Garg Furnace Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Garg Furnace Ltd (530615) share price today is ₹362

Garg Furnace Ltd is not listed on NSE

Garg Furnace Ltd is listed on BSE

  • Today’s highest price of Garg Furnace Ltd is ₹375.
  • Today’s lowest price of Garg Furnace Ltd is ₹355.

Today’s traded volume of Garg Furnace Ltd(530615) is 13.00K.

Today’s market capitalisation of Garg Furnace Ltd(530615) is ₹169.58Cr.

Garg Furnace Ltd(530615Price
52 Week High
₹441.2
52 Week Low
₹140

Garg Furnace Ltd(530615) share price is ₹362. It is down -17.95% from its 52 Week High price of ₹441.2

Garg Furnace Ltd(530615) share price is ₹362. It is up 158.57% from its 52 Week Low price of ₹140

Garg Furnace Ltd(530615Returns
1 Day Returns
-5.95%
1 Month Returns
22.16%
3 Month Returns
22.69%
1 Year Returns
149.71%