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Ganga Forging Ltd share Price Today

Company details

8.20
8.80
3.00
17.50
6M Return 47.46%
1Y Return 167.69%
Mkt Cap.(Cr) 103.86
Volume 2,170,177
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 2,170,177

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Ganga Forging Ltd shares SWOT Analysis

Strengths (8)

  • Company with high TTM EPS Growth
  • Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year
  • Efficient in managing Assets to generate Profits - ROA improving since last 2 year

Weakness (4)

  • Promoter holding decreased by more than -2% QoQ
  • Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years
  • Declining Revenue every quarter for the past 2 quarters

Opportunity (2)

  • Highest Recovery from 52 Week Low
  • High Volume, High Gain

Threats (3)

  • Promoter decreasing their shareholding
  • High PE (PE > 40)
  • RSI indicating price weakness

Resistance and support

R1 8.9
R2 9.2
R3 9.5
Pivot

8.57

S1 8.3
S2 8.0
S3 7.7
EMA SMA
10.0
10.8
10.1
8.8
10.0
12.6
9.8
8.2
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
SMITAL SURESH THAKKAR Bulk Sell 2024-03-28 8.59 1500000 NSE
SMITAL SURESH THAKKAR Bulk Purchase 2024-03-01 12.15 1100000 NSE
SHITALBEN MANISHKUMAR NAR Bulk Sell 2024-02-05 17.5 1000000 NSE
Name Category Shares
Hiralal Mahidas Tilva PROMOTER 13.43%
Rakesh Chhaganlal Patel PROMOTER 7.22%
Shitalben Manishkumar Nar PROMOTER 5.67%
Hetal Mayurkumar Kalaria PROMOTER 3.13%
Sheetal Sanjivkumar Chaniara PROMOTER 3.13%
Parulben Rakeshbhai Patel PROMOTER 2.91%
Daxaben Hiralal Tilva PROMOTER 2.32%
Avni Nileshkumar Dadhaniya PROMOTER 2.29%
Manishkumar Chhaganbhai Nar PROMOTER 2.25%
Chhaniyara Sanjivkumar V PROMOTER 1.17%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Ganga Forging Ltd Stocks COMPARISON

Financials( in Cr) Ganga Forging Ltd Bharat Forge Ltd AIA Engineering Ltd CIE Automotive India Ltd TVS Holdings Ltd
Price 8.70 1,129.60 3,915.25 461.80 8,164.85
% Change 2.96 1.66 0.74 1.93 0.75
Mcap Cr 103.86 52,592.93 36,928.64 17,518.94 16,519.12
Revenue TTM Cr 33.41 12,910.26 4,908.77 8,753.00 33,564.21
Net Profit TTM Cr 1.66 508.39 1,056.50 -136.20 1,333.17
PE TTM 62.14 60.43 32.30 21.92 20.88
1 Year Return 167.69 49.19 35.43 35.37 163.72
ROCE 4.50 7.32 25.25 13.95 13.41
ROE 8.78 6.88 20.23 -1.65 32.05
INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 13.34 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 29,068.81 33,709.58
LAST 3M 68,518.10 30,558.15
LAST 6M 130,081.93 64,349.19
LAST 12M 189,941.35 208,211.24

Ganga Forging Ltd Information

Stock PE (TTM)
62.14
Promoter Holding
43.52%
Book Value
1.4598
ROCE
4.5%
ROE
8.78%
Description
  • Ganga Forging Limited was originally incorporated as `Ganga Forgoing Private Limited` at Ahmedabad, as a private limited company on December 29, 1988. Subsequently, the Company was converted into a public limited company and the name of the Company was changed to `Ganga Forging Limited` on October 30, 2017. Ganga Forging is manufacturer in forging industry and is engaged in manufacturing of closed die forged products catering to both automotive and non-automotive segment. Automotive segment include manufacturing of products catering to commercial vehicle, passenger car, three wheeler, two wheeler and tractor. Non-automotive segment include electric power transmission, dairy equipment manufacturing, agricultural, gear and gear box, crank shafts, connecting road, heavy engineering industrial, hubs and flanges. The Company also complies with Quality Assurance System like ISO and strives to deliver quality products to the customers. The Company is ISO 9001:2008 certified. The Company is dedicated towards supply of quality products by controlling the procurement of its raw material, monitoring the process parameters and maintaining appropriate measures to comply with applicable statutory and regulatory requirements of products. The Company is equipped with in-house testing laboratory for checking of raw materials, working in process materials and finished products. The finished products are checked in laboratory to ensure that the same is of relevant standards and design as specified by the customer. The Company was started by Mr. Hiralal Tilva and Late Mr. Chhaganlal Patel. Later on, Mr. Rakesh Chhaganlal Patel joined the board of the Company and under their guidance the company has expanded its sales and operations. The Company doesn`t markets these products in own brand name. Further, The Company sells these product as a semi-finished product to the supplier who further grinds the product.

Registered Address

Plot No 1 SNO 298 & 30, Rajkot Gondal N H Veraval(Shap, Ahmedabad, Gujarat, 360024

Tel : 91-2827-252208/252077
Email : info:gangaforging.com
Website : http://www.gangaforging.com
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Dec
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 535094
NSE Code : GANGAFORGE
Book Closure Date (Month) : Dec
BSE Group :
ISIN : INE691Z01023

FAQ’s on Ganga Forging Ltd Shares

You can buy Ganga Forging Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Ganga Forging Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Mar 28, 2024 03:59 PM the closing price of Ganga Forging Ltd was ₹ 8.70.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Mar 28, 2024 03:59 PM, the market cap of Ganga Forging Ltd stood at ₹ 103.86.

The latest PE ratio of Ganga Forging Ltd as of Mar 28, 2024 03:59 PM is 62.14

The latest PB ratio of Ganga Forging Ltd as of Mar 28, 2024 03:59 PM is 0.17

The 52-week high of Ganga Forging Ltd share price is ₹ 17.50 while the 52-week low is ₹ 3.00

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