GANGAFORGE

Ganga Forging Share PriceGanga Forging

₹3.6
-0.05 (-1.37%)
As on 28 May, 2023 | 04:56 BSE: NSE: GANGAFORGE

Ganga Forging Performance

Day Range

  • Low
  • High
3.6

52 Week Range

  • Low
  • High
3.6
  • Open Price
  • Previous Close
  • Volume

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Ganga Forging Share Price

  • Over 1 Month 0%
  • Over 3 Month -7.69%
  • Over 6 Month -26.53%
  • Over 1 Year -43.75%

Ganga Forging Key Statistics

P/E Ratio -63
PEG Ratio 0.5
Market Cap Cr 38
Price to Book Ratio 3.3
EPS 0.1
Dividend 0
Relative Strength Index 44.23
Money Flow Index 27.75
MACD Signal 0.02
Average True Range 0.19

Ganga Forging Investment Rating

  • Master Rating:
  • Ganga Forging has an operating revenue of Rs. 32.46 Cr. on a trailing 12-month basis. An annual revenue growth of 26% is outstanding, Pre-tax margin of 7% is okay, ROE of 8% is fair but needs improvement. The company has a reasonable debt to equity of 42%, which signals a healthy balance sheet. From an O'Neil Methodology perspective, the stock has an EPS Rank of 10 which is a POOR score indicating inconsistency in earnings, a RS Rating of 7 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C which is evident from recent supply seen, Group Rank of 88 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of E is the worst. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment. Please note that this is a thinly traded stock.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Ganga Forging Financials
IndicatorDec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 8987
Operating Expenses Qtr Cr 8977
Operating Profit Qtr Cr 1001
Depreciation Qtr Cr 0000
Interest Qtr Cr 0000
Tax Qtr Cr 0001
Net Profit Qtr Cr 000-1

Ganga Forging Technicals

EMA & SMA

Current Price
₹3.6
-0.05 (-1.37%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 16
  • 20 Day
  • ₹3.69
  • 50 Day
  • ₹3.72
  • 100 Day
  • ₹4.01
  • 200 Day
  • ₹4.98
  • 20 Day
  • ₹3.73
  • 50 Day
  • ₹3.61
  • 100 Day
  • ₹3.9
  • 200 Day
  • ₹4.72

Ganga Forging Resistance and Support

PIVOT
₹3.62
Resistance
First Resistance ₹3.69
Second Resistance ₹3.72
Third Resistance ₹3.79
RSI 44.23
MFI 27.75
MACD Single Line 0.02
Support
First Resistance ₹3.59
Second Resistance ₹3.52
Third Resistance ₹3.49

Ganga Forging Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 148,175 9,603,222 64.81
Week 95,045 6,489,659 68.28
1 Month 108,919 7,121,099 65.38
6 Month 216,182 14,760,939 68.28

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. 28.66 Cr. and Equity Capital is Rs. 10.60 Cr. for the Year ended 31/03/2022. 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 38
Sales 32
Shares in Float 4.24
No of funds
Yield
Book Value 3.27
U/D Vol ratio 0.7
LTDebt / Equity 42
Alpha -0.23
Beta 0.96

Ganga Forging

Owner NameMar-23Dec-22Sep-22Jun-22
Promoters 59.53%59.53%67.63%67.63%
Mutual Funds
Insurance Companies
Foreign Portfolio Investors 0.01%
Financial Institutions/ Banks
Individual Investors 37.82%39.33%29.99%
Others 2.65%1.13%2.38%32.37%

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

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Ganga Forging Corporate Action

Date Purpose Remarks
2023-02-10 Quarterly Results
2022-10-20 Quarterly Results
2022-08-04 Others Other business matters issue in the ratio of 1:3 @ Rs. 10/-.
2022-05-24 Audited Results
2022-02-10 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 ₹3 As on 28 May, 2023 | 04:42

What is the Market Cap of Ganga Forging ?

The Market Cap of Ganga Forging is ₹38.1 Cr As on 28 May, 2023 | 04:42

What is the P/E ratio of Ganga Forging ?

The P/E ratio of Ganga Forging is -63 As on 28 May, 2023 | 04:42

What is the PB ratio of Ganga Forging ?

The PB ratio of Ganga Forging is 3.3 As on 28 May, 2023 | 04:42

Q2FY23

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