Ganga Forging Share Price
Start SIP in Ganga Forging
Start SIPGanga Forging Performance
Day Range
- Low 8
- High 9
52 Week Range
- Low 6
- High 18
- Open Price9
- Previous Close9
- Volume2090451
Ganga Forging Investment Rating
-
Master Rating:
-
Ganga Forging has an operating revenue of Rs. 35.86 Cr. on a trailing 12-month basis. An annual revenue growth of 11% is good, Pre-tax margin of 2% needs improvement, ROE of 1% is fair but needs improvement. The company has a reasonable debt to equity of 2%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 200DMA and around 10% up from its 50DMA. It needs to take out the 200DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 60 which is a FAIR score but needs to improve its earnings, a RS Rating of 29 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 137 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of D is close to being the worst. Institutional holding has remained stable in the last reported quarter. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 9 | 10 | 9 | 9 | 10 | 8 |
| Operating Expenses Qtr Cr | 8 | 9 | 8 | 8 | 9 | 8 |
| Operating Profit Qtr Cr | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation Qtr Cr | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Qtr Cr | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax Qtr Cr | 0 | 0 | 0 | 0 | 0 | -1 |
| Net Profit Qtr Cr | 0 | 0 | 0 | 0 | 0 | 1 |
Ganga Forging Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 14
- Bearish Moving Average
- ___
- 2
- 20 Day
- ₹8.22
- 50 Day
- ₹7.99
- 100 Day
- ₹8.21
- 200 Day
- ₹8.27
- 20 Day
- ₹8.10
- 50 Day
- ₹7.75
- 100 Day
- ₹7.97
- 200 Day
- ₹9.01
Ganga Forging Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 9.23 |
| Second Resistance | 9.49 |
| Third Resistance | 9.99 |
| RSI | 62.08 |
| MFI | 47.29 |
| MACD Single Line | 0.26 |
| MACD | 0.29 |
| Support | |
|---|---|
| First Support | 8.47 |
| Second Support | 7.97 |
| Third Supoort | 7.71 |
Ganga Forging Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 2,090,451 | 133,099,015 | 63.67 |
| Week | 668,351 | 46,022,677 | 68.86 |
| 1 Month | 828,919 | 55,404,959 | 66.84 |
| 6 Month | 487,326 | 44,039,651 | 90.37 |
Ganga Forging Result Highlights
Ganga Forging Synopsis
NSE-Steel-Producers
Ganga Forging is involved in the business activities of Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Company’s Total Operating Revenue is Rs. 37.21 Cr. and Equity Capital is Rs. 13.42 Cr. for the Year ended 31/03/2024. Ganga Forging Ltd. is a Public Limited Listed company incorporated on 29/12/1988 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L28910GJ1988PLC011694 and registration number is 011694.| Market Cap | 118 |
| Sales | 36 |
| Shares in Float | 7.74 |
| No of funds | 1 |
| Yield |
| Book Value | 3.84 |
| U/D Vol ratio | 1 |
| LTDebt / Equity | 2 |
| Alpha | 0.09 |
| Beta | 0.42 |
Ganga Forging Shareholding Pattern
| Owner Name | Jun-24 | Mar-24 | Dec-23 |
|---|---|---|---|
| Promoters | 40.63% | 40.82% | 43.52% |
| Foreign Portfolio Investors | 0.04% | ||
| Individual Investors | 51.88% | 50.95% | 45.39% |
| Others | 7.49% | 8.19% | 11.09% |
Ganga Forging Management
| Name | Designation |
|---|---|
| Mr. Hiralal Tilva | Chairman & Managing Director |
| Mr. Rakesh Patel | Managing Director |
| Mrs. Sheetal Chaniara | Whole Time Director |
| Mrs. Parul Patel | Whole Time Director |
| Mr. Ramesh Dhingani | Ind.& Non Exe.Director |
| Mr. Jasubhai Patel | Ind.& Non Exe.Director |
| Mr. Sagarkumar Govani | Ind.& Non Exe.Director |
| Mr. Nayankumar Virparia | Ind.& Non Exe.Director |
Ganga Forging Forecast
Price Estimates
Ganga Forging Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2024-08-03 | Quarterly Results | |
| 2024-05-29 | Audited Results | |
| 2024-02-01 | Quarterly Results | |
| 2023-10-14 | Quarterly Results | |
| 2023-08-10 | Quarterly Results |
| Date | Purpose | Remarks |
|---|---|---|
| 2021-01-12 | Bonus | Rs.0.00 issue in the ratio of 1:3 @ Rs. 10/-. |
| Date | Purpose | Remarks |
|---|---|---|
| 2021-09-14 | Split | Rs.0.00 split from Rs. 10/- to Re. 1/-. |
Ganga Forging FAQs
What is Share Price of Ganga Forging ?
Ganga Forging share price is ₹8 As on 08 September, 2024 | 08:55
What is the Market Cap of Ganga Forging ?
The Market Cap of Ganga Forging is ₹117.7 Cr As on 08 September, 2024 | 08:55
What is the P/E ratio of Ganga Forging ?
The P/E ratio of Ganga Forging is 187.8 As on 08 September, 2024 | 08:55
What is the PB ratio of Ganga Forging ?
The PB ratio of Ganga Forging is 3.7 As on 08 September, 2024 | 08:55