LGBFORGE

Lgb Forge Share PriceLGB Forge

₹12.9
0.6 (4.88%)
As on 12 December, 2023 | 00:43 BSE: 533007 NSE: LGBFORGEISIN: INE201J01017

Lgb Forge Performance

Day Range

  • Low 12.35
  • High 12.90
₹ 12.9

52 Week Range

  • Low 7.45
  • High 13.65
₹ 12.9
  • Open Price12.65
  • Previous Close12.30
  • Volume661848

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Lgb Forge Share Price

  • Over 1 Month 30.3%
  • Over 3 Month 30.3%
  • Over 6 Month 38.71%
  • Over 1 Year 35.08%

Lgb Forge Key Statistics

P/E Ratio -29.4
PEG Ratio 0.1
Market Cap Cr 307
Price to Book Ratio 10.2
EPS -0.4
Dividend 0
Relative Strength Index 66.17
Money Flow Index 81.83
MACD Signal 0.59
Average True Range 0.67

Lgb Forge Investment Rating

  • Master Rating:
  • Lgb Forge has an operating revenue of Rs. 115.72 Cr. on a trailing 12-month basis. An annual revenue de-growth of -10% needs improvement, Pre-tax margin of -8% needs improvement, ROE of -30% is poor and needs improvement. The company has a reasonable debt to equity of 9%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 20% and 31% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 10% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 17 which is a POOR score indicating inconsistency in earnings, a RS Rating of 62 which is FAIR indicating the recent price performance, Buyer Demand at C+ which is evident from recent supply seen, Group Rank of 58 indicates it belongs to a fair industry group of Steel-Producers and a Master Score of D is close to being the worst. 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

LGB Forge Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 29293226302832
Operating Expenses Qtr Cr 29303329312731
Operating Profit Qtr Cr 0-10-3-212
Depreciation Qtr Cr 1111111
Interest Qtr Cr 1111100
Tax Qtr Cr 0000000
Net Profit Qtr Cr -2-3-2-4-3-10
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 118131
Operating Expenses Annual Cr 120120
Operating Profit Annual in Cr -410
Depreciation Cr 55
Interest Annual Cr 22
Tax Annual Cr 00
Net Profit Annual Cr -93
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -92
Cash from Investing Activity Annual Cr -20
Cash from Financing Annual Activity Cr 11-2
Net Cash Flow Annual Cr 00
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 3039
Fixed Assets Annual Cr 1820
Total Non Current Assets Annual Cr 1922
Total Current Assets Annual Cr 6663
Total Assets Annual Cr 8585
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 12
ROE Annual % -319
ROCE Annual % -2114
Total Debt to Total Equity Annual --
EBDIT Annual Margin % -28
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr
Operating Expenses Qtr Cr
Operating Profit Qtr Cr
Depreciation Qtr Cr
Interest Qtr Cr
Tax Qtr Cr
Net Profit Qtr Cr
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr
Operating Expenses Annual Cr
Operating Profit Annual in Cr
Depreciation Cr
Interest Annual Cr
Tax Annual Cr
Net Profit Annual Cr
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr
Cash from Investing Activity Annual Cr
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr
Fixed Assets Annual Cr
Total Non Current Assets Annual Cr
Total Current Assets Annual Cr
Total Assets Annual Cr
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs
ROE Annual %
ROCE Annual %
Total Debt to Total Equity Annual --
EBDIT Annual Margin %

Lgb Forge Technicals

EMA & SMA

Current Price
₹12.9
0.6 (4.88%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹11.48
  • 50 Day
  • ₹10.62
  • 100 Day
  • ₹10.08
  • 200 Day
  • ₹9.82
  • 20 Day
  • ₹11.22
  • 50 Day
  • ₹10.32
  • 100 Day
  • ₹9.77
  • 200 Day
  • ₹9.35

Lgb Forge Resistance and Support

PIVOT
₹12.72
Resistance
First Resistance 13.08
Second Resistance 13.27
Third Resistance 13.63
RSI 66.17
MFI 81.83
MACD Single Line 0.59
MACD 0.70
Support
First Resistance 12.53
Second Resistance 12.17
Third Resistance 11.98

Lgb Forge Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 1,046,451 78,222,212 74.75
Week 883,552 61,150,634 69.21
1 Month 979,132 57,905,890 59.14
6 Month 433,161 26,167,228 60.41

Lgb Forge Result Highlights

LGB Forge Synopsis

NSE-Steel-Producers

Lgb Forge Ltd. is involved in the business activities of Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Company’s Total Operating Revenue is Rs. 116.22 Cr. and Equity Capital is Rs. 23.82 Cr. for the Year ended 31/03/2023. LGB Forge Ltd. is a Public Limited Listed company incorporated on 07/06/2006 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L27310TZ2006PLC012830 and registration number is 012830.
Market Cap 307
Sales 116
Shares in Float 6.19
No of funds 4
Yield
Book Value 10.16
U/D Vol ratio 1.5
LTDebt / Equity 9
Alpha 0.06
Beta 1.47

LGB Forge

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 73.79%73.82%73.82%73.82%
Foreign Portfolio Investors
Financial Institutions/ Banks 0.01%0.01%0.01%0.01%
Individual Investors 23.73%23.75%23.84%23.75%
Others 2.47%2.42%2.33%2.42%

LGB Forge Management

Name Designation
Mr. V Rajvirdhan Managing Director
Mr. B Vijayakumar Non Executive Director
Mrs. Rajsri Vijayakumar Non Executive Director
Mr. A Sampathkumar Non Executive Director
Mr. V Ragupathi Non Executive Director
Mr. P V Ramakrishnan Independent Director
Mr. P Shanmugasundaram Independent Director
Mr. Murugesa Saravana Marthandam Independent Director
Mr. Sajeev Mathew Rajan Independent Director
Mr. Prem Kumar Parthasarathy Independent Director

Lgb Forge Forecast

Price Estimates

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

Other Analyst Rating

Lgb Forge Corporate Action

Date Purpose Remarks
2023-11-09 Quarterly Results (Revised) issue of equity shares in the ratio of 588 Equity Shares of Re. 1/- each for cash at premium of Rs. 2/- per share on rights basis for every 1000 equity shares of Re. 1/- each held.
2023-08-10 Quarterly Results
2023-05-15 Audited Results
2023-02-10 Quarterly Results
2022-11-11 Quarterly Results

LGB Forge FAQs

What is Share Price of LGB Forge ?

LGB Forge share price is ₹12 As on 12 December, 2023 | 00:29

What is the Market Cap of LGB Forge ?

The Market Cap of LGB Forge is ₹307.3 Cr As on 12 December, 2023 | 00:29

What is the P/E ratio of LGB Forge ?

The P/E ratio of LGB Forge is -29.4 As on 12 December, 2023 | 00:29

What is the PB ratio of LGB Forge ?

The PB ratio of LGB Forge is 10.2 As on 12 December, 2023 | 00:29

Q2FY23