GANGAFORGE

GANGA FORGING

Small Cap NSE: GANGAFORGE
₹4.8
-0.2 (-4%)
As on 04 December, 2022 | 13:20

Ganga Forging Performance

Day Range

  • Low
  • High

52 Week Range

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

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Ganga Forging Share Price

Ganga Forging Share Returns

  • Over 1 Month -10.28%
  • Over 3 Month -23.81%
  • Over 6 Month -28.36%
  • Over 1 Year -74.87%

Ganga Forging Key Statistics

P/E Ratio -7384.6
PEG Ratio 73.4
Market Cap Cr 51
Price to Book Ratio 4.4
EPS 0.1
Dividend 0
Relative Strength Index 41.43
Money Flow Index 45.15
MACD Signal -0.2
Average True Range 0.38

Ganga Forging Investment Rating

  • Master Rating:
  • Ganga Forging has an operating revenue of Rs. 32.45 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. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 32 which is a POOR score indicating inconsistency in earnings, a RS Rating of 1 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at E which indicates heavy supply, Group Rank of 60 indicates it belongs to a fair 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
IndicatorSep 2022Jun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 9878857
Operating Expenses Qtr Cr 9777757
Operating Profit Qtr Cr 0011100
Depreciation Qtr Cr 0000000
Interest Qtr Cr 0000000
Tax Qtr Cr 0010000
Net Profit Qtr Cr 00-11100

Ganga Forging Technicals

EMA & SMA

Current Price
4.8
-0.2 (-4%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 4.97
  • 50 Day
  • 5.32
  • 100 Day
  • 5.98
  • 200 Day
  • 7.43
  • 20 Day
  • 4.92
  • 50 Day
  • 5.38
  • 100 Day
  • 5.84
  • 200 Day
  • 7.24

Ganga Forging Resistance and Support

PIVOT
₹4.99
Resistance
First Resistance 5.27
Second Resistance 5.54
Third Resistance 5.82
RSI 41.43
MFI 45.15
MACD Single Line -0.2
MACD -0.15
Support
First Resistance 4.72
Second Resistance 4.44
Third Resistance 4.17

Ganga Forging Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 901,253 59,825,174 66.38
Week 456,406 30,506,204 66.84
1 Month 700,391 46,302,821 66.11
6 Month 259,764 17,710,722 68.18

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 50
Sales 32
Shares in Float 3.39
No of funds 1
Yield
Book Value 4.27
U/D Vol ratio 0.5
LTDebt / Equity 42
Alpha -0.55
Beta 1.12

Ganga Forging

Owner NameSep-22Jun-22Mar-22Dec-21
Promoters 67.63%67.63%67.63%
Foreign Portfolio Investors
Individual Investors 29.99%
Others 2.38%32.37%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. Harshad Ashar Ind.& Non Exe.Director
Mr. Jasubhai Patel Ind.& Non Exe.Director
Mr. Sagarkumar Govani 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
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
2021-10-21 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 ₹4 As on 04 December, 2022 | 13:06

What is the Market Cap of Ganga Forging ?

The Market Cap of Ganga Forging is ₹50.9 Cr As on 04 December, 2022 | 13:06

What is the P/E ratio of Ganga Forging ?

The P/E ratio of Ganga Forging is -7384.6 As on 04 December, 2022 | 13:06

What is the PB ratio of Ganga Forging ?

The PB ratio of Ganga Forging is 4.4 As on 04 December, 2022 | 13:06

Q2FY23