Graph not available
Graph not available

Open Demat Account

50years
50 Years
of Trust & Legacy
₹0 AMC
for First Year
₹0 Brokerage
on Delivery, Intraday, Currency and NSE F&O
left-arrow
Fundamentals
Financials
Shareholding
Resistance/Support
Delivery and Volume
About
Management
News
Similar Stocks
right-arrow

Ganga Forging Ltd Fundamentals

Market Cap
₹ 93.76 Cr
P/E Ratio (TTM)
60.36
P/B Ratio
5.79
Debt to Equity
1.04
ROE
EPS (TTM)
0.14
Dividend Yield
0.00 %
Book Value
1.46

Click here to know more about Fundamentals

Ganga Forging Ltd Financials

Ganga Forging Ltd Financials

Ganga Forging Ltd Shareholding Pattern

Held By Mar 2024 Mar 2024 Feb 2024 Sep 2023
Retail 50.86 % 50.95 % 52.29 % 31.41 %
Promoters 40.64 % 40.82 % 39.02 % 59.35 %
Others 8.44 % 8.19 % 8.63 % 9.24 %
FII 0.06 % 0.04 % 0.06 % 0.00 %
Mutual Funds 0.00 % 0.00 % 0.00 % 0.00 %

Retail

50.86%

Promoters

40.64%

Others

8.44%

FII

0.06%

Mutual Funds

0.00%

Retail

50.95%

Promoters

40.82%

Others

8.19%

FII

0.04%

Mutual Funds

0.00%

Retail

52.29%

Promoters

39.02%

Others

8.63%

FII

0.06%

Mutual Funds

0.00%

Retail

31.41%

Promoters

59.35%

Others

9.24%

FII

0.00%

Mutual Funds

0.00%

Resistance and Support

₹8.33

PIVOT

resistance-arrow
Resistance
First Resistance₹8.667
Second Resistance₹8.883
Third Resistance₹9.217
support-arrow
Support
First Support₹8.117
Second Support₹7.783
Third Support₹7.567

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day395,714264,497100.00
Week117,937524,409-33.16
1 Month117,937256,895-33.16
6 Months99,047,25399,047,253100.00

About Ganga Forging Ltd

Ganga Forging Limited was originally incorporated as 'Ganga Forgoing Private Limited' at Ahmedabad, as a private limited company on December 29, 1988. Subsequently, the Company was converted into a public limited company and the name of the Company was changed to 'Ganga Forging Limited' on October 30, 2017. Ganga Forging is manufacturer in forging industry and is engaged in manufacturing of closed die forged products catering to both automotive and non-automotive segment. Automotive segment include manufacturing of products catering to commercial vehicle, passenger car, three wheeler, two wheeler and tractor. Non-automotive segment include electric power transmission, dairy equipment manufacturing, agricultural, gear and gear box, crank shafts, connecting road, heavy engineering industrial, hubs and flanges. The Company also complies with Quality Assurance System like ISO and strives to deliver quality products to the customers. The Company is ISO 9001:2008 certified. The Company is dedicated towards supply of quality products by controlling the procurement of its raw material, monitoring the process parameters and maintaining appropriate measures to comply with applicable statutory and regulatory requirements of products. The Company is equipped with in-house testing laboratory for checking of raw materials, working in process materials and finished products. The finished products are checked in laboratory to ensure that the same is of relevant standards and design as specified by the customer. The Company was started by Mr. Hiralal Tilva and Late Mr. Chhaganlal Patel. Later on, Mr. Rakesh Chhaganlal Patel joined the board of the Company and under their guidance the company has expanded its sales and operations. The Company doesn't markets these products in own brand name. Further, The Company sells these product as a semi-finished product to the supplier who further grinds the product.

Managing Director

1988

Founded

Hiralal Mahidasbhai Tilva

NSE Symbol

GANGAFORGE

Ganga Forging Ltd Management

NameDesignation
Hiralal Mahidasbhai TilvaChairman & Managing Director
Rakesh Chhaganlal PatelManaging Director
Sheetal Sanjivkumar ChaniaraWhole-time Director
Parulben Rakeshbhai PatelWhole-time Director
Ramesh DhinganiIndependent Director
Jasubhai Khimjibhai PatelIndependent Director
Sagarkumar Ramniklal GovaniIndependent Director
Drashti VaghasiyaCompany Secretary

Ganga Forging Ltd News

Ganga Forging postpones board meeting
To a later date
Ganga Forging schedules board meeting
On 11 May 2024
Ganga Forging standalone net profit rises 228.57% in the December 2023 quarter
Sales rise 5.17% to Rs 8.55 crore
Ganga Forging to announce Quarterly Result
On 1 February 2024
Ganga Forging standalone net profit rises 144.44% in the September 2023 quarter
Sales decline 6.95% to Rs 8.57 crore
Ganga Forging to table results
On 14 October 2023
Ganga Forging to conduct AGM
On 30 September 2023
Ganga Forging reports standalone net profit of Rs 0.12 crore in the June 2023 quarter
Sales rise 29.23% to Rs 9.86 crore
Ganga Forging schedules board meeting
On 10 August 2023
Ganga Forging to conduct EGM
On 7 July 2023

Similar Stocks

CompanyMarket CapMarket PriceP/E Ratio
Bharat Forge Ltd₹ 69375.03 Cr
₹ 1,490.05
(0.73 %)
48.30
AIA Engineering Ltd₹ 35868.15 Cr
₹ 3,802.80
(0.27 %)
31.81
CIE Automotive India Ltd₹ 18786.02 Cr
₹ 495.20
(-1.29 %)
32.80
Ramkrishna Forgings Ltd₹ 13368.4 Cr
₹ 739.50
(2.82 %)
40.99
PTC Industries Ltd₹ 10758.31 Cr
₹ 7,449.90
(0.45 %)
432.17

Ganga Forging Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Ganga Forging Ltd shares in BlinkX

Ganga Forging Ltd's P/E ratio is 60.36 times as of May 18, 2024 at 01:44 PM.

Ganga Forging Ltd's most recent financial reports indicate a price-to-book ratio of 5.79, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Ganga Forging Ltd's market is 94 Cr as on May 18, 2024 at 01:44 PM.

The current financial records of Ganga Forging Ltd show a % ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Ganga Forging Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

As of the Mar 2024 quarter, the promoter shareholding in Ganga Forging Ltd stands at 40.64%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 0.04% to 0.06%.