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Garg Furnace Ltd

Company details

67.10
73.00
19.00
84.60
6M Return 78.05%
1Y Return 217.39%
Mkt Cap.(Cr) 29.27
Volume 1,172
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 1,172

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FINANCIALS

Sales

Operating Profit

Profit after Tax

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after Tax

PE

Debt/Equity

P BV

COMPARISION

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 14.73 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 9,798.25 -25,291.97
LAST 3M 27,044.95 -25,544.90
LAST 6M 49,131.67 47,902.81
LAST 12M 178,925.96 -114,950.83

INFORMATION

Stock PE (TTM)

4.38

Promoter Holding

64.23%

Book Value

40.6272

ROCE

23.41%

ROE

33.67%

Description

  • Incorporated in Dec.`73 as a private limited company, Garg Furnace was converted into a public limited company in Feb.`76. Promoted by Dharam Pal Garg and Jagdish Chand Garg, Garg Furnace manufactures alloy steel. Its manufacturing facilities are situated at Ludhiana, Punjab. The company commenced operations in 1974 with a 1-tonne capacity arc furnace to manufacture steel casting. In 1981, the arc furnace was scrapped, as its technology was not so successful and during the same year, it installed a 0.5-metric tonne capacity induction melting furnace. In 1988, it added a rolling mill for the manufacture of MS hot rolled rounds. The melting capacity was increased in the years 1989, 1991, 1994 and again in Mar.`93. In 1995, the company completed expansion-cum-forward integration plan to put up a new induction melting furnace to enhance its ingots manufacturing capacity from 48,000 tpa to 72,000 tpa and to also to set up a wire rod mill with an installed capacity of 30,000 tpa. It tapped the capital market in Apr.`95 to part-finance the project. The company`s products are being supplied to Indian Railways, thermal power stations, cement plants, sugar mills and auto, bicycle and sewing machine parts manufacturers.

Registered Address

Kanganwal Road G T Road, Ambala Side VPO Jugiana, Ludhiana, Punjab, 141120

Tel : 91-161-2512285
Email : gargfurnace:yahoo.com
Website : http://www.gargfurnaceltd.com

Registrar

Skyline Financial Services (P)

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 530615
NSE Code :
Book Closure Date (Month) :
BSE Group : XT
ISIN : INE194E01015

ICICIdirect Garg Furnace Ltd FAQ

You can buy Garg Furnace Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Garg Furnace Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jan 31, 2023 04:01 PM the closing price of Garg Furnace Ltd was ₹ 73.00.
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 Jan 31, 2023 04:01 PM, the market cap of Garg Furnace Ltd stood at ₹ 29.27.
The latest PE ratio of Garg Furnace Ltd as of Jan 31, 2023 04:01 PM is 4.38
The latest PB ratio of Garg Furnace Ltd as of Jan 31, 2023 04:01 PM is 0.56
The 52-week high of Garg Furnace Ltd is ₹ 84.60 while the 52-week low is ₹ 19.00

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