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Ganga Forging NSEI:GANGAFORGE Stock Report

Last Price

₹7.11

Market Cap

₹954.0m

7D

2.9%

1Y

12.0%

Updated

24 Nov, 2024

Data

Company Financials

Ganga Forging Limited

NSEI:GANGAFORGE Stock Report

Market Cap: ₹954.0m

GANGAFORGE Stock Overview

Manufactures and sells steel forging parts and machine components for automotive and non-automotive sectors in India. More details

GANGAFORGE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends0/6

Ganga Forging Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ganga Forging
Historical stock prices
Current Share Price₹7.11
52 Week High₹17.50
52 Week Low₹5.90
Beta0.45
11 Month Change11.44%
3 Month Change-23.30%
1 Year Change11.97%
33 Year Change-61.04%
5 Year Change460.95%
Change since IPO347.17%

Recent News & Updates

Recent updates

Ganga Forging (NSE:GANGAFORGE) Has A Somewhat Strained Balance Sheet

Jun 03
Ganga Forging (NSE:GANGAFORGE) Has A Somewhat Strained Balance Sheet

Does Ganga Forging (NSE:GANGAFORGE) Deserve A Spot On Your Watchlist?

Jul 23
Does Ganga Forging (NSE:GANGAFORGE) Deserve A Spot On Your Watchlist?

Shareholder Returns

GANGAFORGEIN Metals and MiningIN Market
7D2.9%1.6%0.5%
1Y12.0%34.6%27.5%

Return vs Industry: GANGAFORGE underperformed the Indian Metals and Mining industry which returned 34.6% over the past year.

Return vs Market: GANGAFORGE underperformed the Indian Market which returned 27.5% over the past year.

Price Volatility

Is GANGAFORGE's price volatile compared to industry and market?
GANGAFORGE volatility
GANGAFORGE Average Weekly Movement7.8%
Metals and Mining Industry Average Movement6.1%
Market Average Movement6.1%
10% most volatile stocks in IN Market9.1%
10% least volatile stocks in IN Market4.0%

Stable Share Price: GANGAFORGE's share price has been volatile over the past 3 months compared to the Indian market.

Volatility Over Time: GANGAFORGE's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
198843Hiralal Tilvawww.gangaforging.com

Ganga Forging Limited manufactures and sells steel forging parts and machine components for automotive and non-automotive sectors in India. The company offers forged crankshafts, crankshaft single and double cylinders, straight and inclined connecting rods, forged and big yokes, trunnion-pins, spiders/crosses, forged trunnion shafts, forged flanges and clamps, and blind flanges, as well as socket clevises, anchor shackles, and dead-end pin electrical power transmission parts. It also provides aluminum forging products.

Ganga Forging Limited Fundamentals Summary

How do Ganga Forging's earnings and revenue compare to its market cap?
GANGAFORGE fundamental statistics
Market cap₹954.00m
Earnings (TTM)₹6.72m
Revenue (TTM)₹388.04m

141.9x

P/E Ratio

2.5x

P/S Ratio

Is GANGAFORGE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GANGAFORGE income statement (TTM)
Revenue₹388.04m
Cost of Revenue₹248.56m
Gross Profit₹139.48m
Other Expenses₹132.76m
Earnings₹6.72m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.05
Gross Margin35.95%
Net Profit Margin1.73%
Debt/Equity Ratio28.6%

How did GANGAFORGE perform over the long term?

See historical performance and comparison