Ganga Forging
Ganga Forging Performance
Day Range
- Low 6.90
- High 7.40
52 Week Range
- Low 3.00
- High 8.50
- Open Price7.35
- Previous Close7.25
- Volume371697
Start SIP in Ganga Forging
Start SIPGanga Forging Investment Rating
-
Master Rating:
-
Ganga Forging has an operating revenue of Rs. 35.00 Cr. on a trailing 12-month basis. An annual revenue growth of 15% is outstanding, Pre-tax margin of 3% needs improvement, ROE of 12% is good. The company has a reasonable debt to equity of 32%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 30% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 14% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 48 which is a POOR score indicating inconsistency in earnings, a RS Rating of 67 which is FAIR indicating the recent price performance, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 63 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of C is fair but needs to improve. Institutional holding has remained stable in the last reported quarter. Overall, the stock has mediocre technical strength and poor fundamentals, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Indicator | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
---|---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 9 | 10 | 8 | 8 | 9 | 8 | 7 |
Operating Expenses Qtr Cr | 8 | 9 | 8 | 8 | 9 | 7 | 7 |
Operating Profit Qtr Cr | 1 | 1 | 1 | 1 | 0 | 0 | 1 |
Depreciation Qtr Cr | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Qtr Cr | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax Qtr Cr | 0 | 0 | -1 | 0 | 0 | 0 | 1 |
Net Profit Qtr Cr | 0 | 0 | 1 | 0 | 0 | 0 | -1 |
Ganga Forging Technicals
EMA & SMA

- Bullish Moving Average
- ___
- 6
- Bearish Moving Average
- ___
- 10
- 20 Day
- ₹7.08
- 50 Day
- ₹7.02
- 100 Day
- ₹6.69
- 200 Day
- ₹6.30
- 20 Day
- ₹6.98
- 50 Day
- ₹7.10
- 100 Day
- ₹6.92
- 200 Day
- ₹5.56
Ganga Forging Resistance and Support
Resistance | |
---|---|
First Resistance | 7.30 |
Second Resistance | 7.60 |
Third Resistance | 7.80 |
RSI | 48.20 |
MFI | 75.66 |
MACD Single Line | -0.01 |
MACD | 0.04 |
Support | |
---|---|
First Resistance | 6.80 |
Second Resistance | 6.60 |
Third Resistance | 6.30 |
Ganga Forging Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 371,697 | 37,169,700 | 100 |
Week | 2,390,016 | 239,001,620 | 100 |
1 Month | 694,058 | 69,405,805 | 100 |
6 Month | 365,503 | 36,550,259 | 100 |
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 | 75 |
Sales | 35 |
Shares in Float | 5.50 |
No of funds | |
Yield |
Book Value | 5.75 |
U/D Vol ratio | 3.8 |
LTDebt / Equity | 32 |
Alpha | 0.21 |
Beta | 1.06 |
Ganga Forging
Owner Name | Oct-23 | Sep-23 | Jun-23 | Mar-23 |
---|---|---|---|---|
Promoters | 51.72% | 59.35% | 59.53% | 59.53% |
Mutual Funds | ||||
Insurance Companies | ||||
Foreign Portfolio Investors | ||||
Financial Institutions/ Banks | ||||
Individual Investors | 32.86% | 31.41% | 35.72% | 37.82% |
Others | 15.42% | 9.24% | 4.75% | 2.65% |
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 |
---|---|---|
2023-10-14 | Quarterly Results | |
2023-08-10 | Quarterly Results | |
2023-05-30 | Audited Results | |
2023-02-10 | Quarterly Results | |
2022-10-20 | 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 ₹7 As on 08 December, 2023 | 21:03
What is the Market Cap of Ganga Forging ?
The Market Cap of Ganga Forging is ₹80.2 Cr As on 08 December, 2023 | 21:03
What is the P/E ratio of Ganga Forging ?
The P/E ratio of Ganga Forging is 45.2 As on 08 December, 2023 | 21:03
What is the PB ratio of Ganga Forging ?
The PB ratio of Ganga Forging is 6 As on 08 December, 2023 | 21:03