TIRUPATIFL

Tirupati Forge Share PriceTirupati Forge

₹12.75
0.2 (1.59%)
As on 09 December, 2023 | 23:31 BSE: NSE: TIRUPATIFLISIN: INE319Y01024

Tirupati Forge Performance

Day Range

  • Low 12.75
  • High 12.80
₹ 12.75

52 Week Range

  • Low 6.75
  • High 25.60
₹ 12.75
  • Open Price0.00
  • Previous Close12.55
  • Volume323523

Start SIP in Tirupati Forge

Start SIP

Tirupati Forge Share Price

  • Over 1 Month 14.86%
  • Over 3 Month 43.26%
  • Over 6 Month 50.89%
  • Over 1 Year -44.69%

Tirupati Forge Key Statistics

P/E Ratio 21.5
PEG Ratio -0.4
Market Cap Cr 125
Price to Book Ratio 3.4
EPS 0.9
Dividend 0
Relative Strength Index 63.63
Money Flow Index 40.55
MACD Signal 0.32
Average True Range 0.3

Tirupati Forge Investment Rating

  • Master Rating:
  • Tirupati Forge has an operating revenue of Rs. 84.70 Cr. on a trailing 12-month basis. An annual revenue growth of 5% is not great, Pre-tax margin of 14% is healthy, ROE of 26% is exceptional. The company has a reasonable debt to equity of 5%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 12% and 28% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 2% from the pivot point (which is the ideal buying range for a stock). 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 54 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A which is evident from recent demand for the stock, Group Rank of 59 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 poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Tirupati Forge Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 24212317272530
Operating Expenses Qtr Cr 21182015222127
Operating Profit Qtr Cr 3242543
Depreciation Qtr Cr 1111111
Interest Qtr Cr 0000000
Tax Qtr Cr 1010111
Net Profit Qtr Cr 2121332
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 9489
Operating Expenses Annual Cr 7778
Operating Profit Annual in Cr 1511
Depreciation Cr 32
Interest Annual Cr 11
Tax Annual Cr 32
Net Profit Annual Cr 96
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 11
Cash from Investing Activity Annual Cr -3-3
Cash from Financing Annual Activity Cr 22
Net Cash Flow Annual Cr 1
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 3627
Fixed Assets Annual Cr 1514
Total Non Current Assets Annual Cr 1717
Total Current Assets Annual Cr 3536
Total Assets Annual Cr 5152
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 43
ROE Annual % 2623
ROCE Annual % 3630
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1813
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 %

Tirupati Forge Technicals

EMA & SMA

Current Price
₹12.75
0.2 (1.59%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹12.05
  • 50 Day
  • ₹11.40
  • 100 Day
  • ₹10.81
  • 200 Day
  • ₹11.02
  • 20 Day
  • ₹12.21
  • 50 Day
  • ₹11.33
  • 100 Day
  • ₹10.18
  • 200 Day
  • ₹9.90

Tirupati Forge Resistance and Support

PIVOT
₹12.77
Resistance
First Resistance 12.78
Second Resistance 12.82
Third Resistance 12.83
RSI 63.63
MFI 40.55
MACD Single Line 0.32
MACD 0.31
Support
First Resistance 12.73
Second Resistance 12.72
Third Resistance 12.68

Tirupati Forge Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 323,523 32,352,300 100
Week 245,032 24,503,240 100
1 Month 344,444 34,444,419 100
6 Month 483,425 48,342,454 100

Tirupati Forge Result Highlights

Tirupati Forge Synopsis

NSE-Steel-Producers

Tirupati Forge is involved in the business activities of Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Company’s Total Operating Revenue is Rs. 92.03 Cr. and Equity Capital is Rs. 19.60 Cr. for the Year ended 31/03/2023. Tirupati Forge Ltd. is a Public Limited Listed company incorporated on 17/08/2012 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L27320GJ2012PLC071594 and registration number is 071594.
Market Cap 125
Sales 85
Shares in Float 4.12
No of funds
Yield 0.08
Book Value 3.45
U/D Vol ratio 1.1
LTDebt / Equity 5
Alpha -0.18
Beta 1.39

Tirupati Forge

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 57.69%57.59%57.59%57.59%
Mutual Funds
Insurance Companies
Foreign Portfolio Investors 0.66%
Financial Institutions/ Banks
Individual Investors 38.5%37.47%36.13%34.61%
Others 3.81%4.94%6.28%7.14%

Tirupati Forge Management

Name Designation
Mr. Hiteshkumar G Thummar Chairman & Managing Director
Mr. Bhavesh T Barsiya Whole Time Director
Mrs. Darshna H Thummar Non Executive Director
Ms. Jagruti Nitinkumar Erda Independent Director
Mr. Sachin P Ravani Independent Director
Mr. Anand M Shrivastava Independent Director

Tirupati Forge Forecast

Price Estimates

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

Other Analyst Rating

Tirupati Forge Corporate Action

Date Purpose Remarks
2023-11-07 Quarterly Results
2023-05-12 Audited Results
2023-01-31 Quarterly Results
2022-11-08 Quarterly Results
2022-08-09 Quarterly Results
Date Purpose Remarks
2021-08-14 INTERIM Declared Interim Dividend of 0.10 per equity share. issue in the ratio of 6:10 of Rs. 10/-.
Date Purpose Remarks
2021-10-09 Bonus Rs.0.00 issue in the ratio of 3:4 of Rs. 2/-.
Date Purpose Remarks
2021-10-09 Split Rs.0.00 split from Rs. 10/- to Rs. 2/-.

Tirupati Forge FAQs

What is Share Price of Tirupati Forge ?

Tirupati Forge share price is ₹12 As on 09 December, 2023 | 23:17

What is the Market Cap of Tirupati Forge ?

The Market Cap of Tirupati Forge is ₹125 Cr As on 09 December, 2023 | 23:17

What is the P/E ratio of Tirupati Forge ?

The P/E ratio of Tirupati Forge is 21.5 As on 09 December, 2023 | 23:17

What is the PB ratio of Tirupati Forge ?

The PB ratio of Tirupati Forge is 3.4 As on 09 December, 2023 | 23:17

Q2FY23