LGB Forge
Lgb Forge Performance
Day Range
- Low 12.35
- High 12.90
52 Week Range
- Low 7.45
- High 13.65
- Open Price12.65
- Previous Close12.30
- Volume661848
Start SIP in LGB Forge
Start SIPLgb 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
| Indicator | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 29 | 29 | 32 | 26 | 30 | 28 | 32 |
| Operating Expenses Qtr Cr | 29 | 30 | 33 | 29 | 31 | 27 | 31 |
| Operating Profit Qtr Cr | 0 | -1 | 0 | -3 | -2 | 1 | 2 |
| Depreciation Qtr Cr | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Interest Qtr Cr | 1 | 1 | 1 | 1 | 1 | 0 | 0 |
| Tax Qtr Cr | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit Qtr Cr | -2 | -3 | -2 | -4 | -3 | -1 | 0 |
Lgb Forge Technicals
EMA & SMA
- 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
| 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 Name | Sep-23 | Jun-23 | Mar-23 | Dec-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
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