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Ganga Forging

Ganga Forging Latest Share Price (GANGAFORGE)

TechnicalsTV Chart
2.05
0.10−4.65%
Overall Score49/100
52-week2
₹2.05
4
Above low+1.0%
Below high50.6%
Range position1%
Open2.05
Prev Close2.15
Bid2.03338
Ask2.07212

TODAY IN ONE LINE

GANGAFORGE dropped 4.7% on above-average volume (2.1x avg), lagging Nifty's 0.1% move, hovering dangerously near its 52-week low.

With a market cap of ₹69.09 Cr., it trades at a P/E of N/A. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.

Volume846.2K85%vs 20D avg
Market Cap₹69.09 Cr.
Promoter35.51%
Face Value₹1
Fwd P/E
PEG
EV/EBITDA
P/S1.04
ROA-3.46%
Beta0.87
Div Payout
THE STOCK SCORE
Overall Score49/100
Updated 22 Aug

How good is this company?

Overall performance across 5 key dimensions.

Each card tappable → shows formula + inputs
FLAGS & NEWS

Ganga Forging flags & news 

Key strengths, potential risks, and recent updates.

1 green flag🚩 2 red flags

Green Flags

  • Zero Pledge RiskNo recent active promoter pledging found

Red Flags

  • Sales ContractionQuarterly sales dropped 6.9% YoY
  • Promoter SellingPromoter holding decreased by 0.21% QoQ

Latest Ganga Forging News

THE CHANGELOG

What changed recently?

Recent events, corporate actions, and announcements.

No recent changes found for this period.
🔒Prime: full history + alerts on this stock
Valuation

Ganga Forging Limited valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for Ganga Forging Limited, framed against the sector median so the premium or discount is obvious at a glance.

Key MetricsMarket + reported · 21 Aug 2026Consolidated

Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.

Valuation

Valuation

Market Cap
₹69.09 Cr.
P/E Ratio
P/B Ratio
EPS
₹-20.4
Profitability

Profitability

ROE
-13.2%
ROCE
-6.43%
Net Margin
-10.26%
Op Margin
-5.92%
Growth

Growth

EPS YoY
Revenue YoY
Qtr Sales
-6.94%
Qtr Profit
-34.3%
Financial Health

Financial Health

Debt / Equity
0.71
Book Value
₹1.85
Div Yield
Promoter Holding
35.51%
Technicals

Ganga Forging Limited technical analysis: indicators, pivots and CPR.

Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for Ganga Forging Limited — derived from the latest tape, not yesterday's close.

Ganga Forging Limited last traded at ₹2.05 with an intraday range of ₹2.05–₹2.05 — latest indicator, pivot and CPR signals below.

Last updated: 24 August 2026, 4:08 pm IST

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Last: ₹2.05
LevelPrice (₹)Distance% Δ
R42.05+0.00+0.00%
R32.05+0.00+0.00%
R22.05+0.00+0.00%
R12.05+0.00+0.00%
PIVOT2.050.000.00%
CURRENT2.05
S12.05-0.00-0.00%
S22.05-0.00-0.00%
S32.05-0.00-0.00%
S42.05-0.00-0.00%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 2.05P: 2.05TC: 2.05
R1
R2
R3
R4
indicator
LTP: 2.05
PDH: 2.15
PDL: 2.15
● Market Sentiment

GANGAFORGE is trading Inside CPR, indicating Trading in the range

● CPR Width

CPR is Narrower, suggesting likely for trending moves

● Opening Range

Day's range: 2.052.05

● Price Position

Trading Below opening range, showing Bearishness

Financials

Ganga Forging Limited financials: P&L, balance sheet, cash flow, ratios.

Reported annual and quarterly results for Ganga Forging Limited — consolidated or standalone — with margins, YoY growth and key ratios inline.

Ganga Forging Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹69.09 Cr. and reported EPS of ₹-20.40.

iTap any row for a plain-English meaningChange vs a year ago — green means the move is healthy for that line, red means it isn’tDerivedCalculated by us, not reported directly
all values in ₹ Cr unless marked % / x / ₹ · fiscal-period end shown · reported figures via Stockezee financials API · annual results may be audited; quarterly results may be unaudited or limited-review
Segment Analysis

Ganga Forging segment analysis : revenue and profit mix.

Disclosed business segments at Ganga Forging with their share of revenue and profit, switchable between consolidated and standalone reporting.

Ganga Forging discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Thesis

The Bull, Bear, and Flip case for Ganga Forging Limited.

Our AI distills the core fundamental drivers supporting Ganga Forging Limited, the risks that threaten it, and the quantitative conditions that could weaken the thesis.

Ganga Forging Limited's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • Minimal leverage with debt-to-equity ratio of 0.0071 provides substantial financial flexibility.

  • Established forging manufacturer since 1988 with recognized brand in precision sector.

  • Diversified product portfolio spans automotive, railways, construction, and power sectors.

  • Price-to-book ratio of 1.16 reflects modest valuation relative to tangible assets.

  • Small market cap of ₹69.09 Cr allows significant upside if operations stabilize.

bear case

Key Risks.

  • Operating margin of -5.92% indicates core business consistently operates at loss.

  • ROE of -13.20% demonstrates severe destruction of shareholder capital deployed.

  • ROCE of -6.43% signals severely inefficient capital deployment and value destruction.

  • Latest quarterly sales declined 6.94% YoY with PAT falling 34.30% YoY.

  • Promoter holding fell from 59.53% to 39.21% over 2.25 years; signals loss of insider confidence.

flip conditions

Flip Conditions.

  • Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.

  • Watch interest coverage if debt-to-equity climbs above 1.21. Balance sheet risk re-prices growth multiples fast.

Shareholding

Ganga Forging shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in Ganga Forging — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

AnnualJun 2026

Promoters35.51%
Public64.49%

Ownership Distribution

Promoters
35.51%
Retail & Public
64.49%

Category Trends

Foreign Institutions Breakdown
Total Holding: 0.00%
Net Change: +0.00%
Detailed Institutions1 institutions
Total Holding0.00%
Net Change+0.00%
Institution Name
Trend (Last 6)
Holding %
QoQ Change
YoY ChangePeriod
MINERVA VENTURES FUND
0.00%
0.00%
0.00%
Jun 2026
Peers

Ganga Forging Limited peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Ganga Forging Limited is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
Tata Motors Ltd
₹1.74 Lakh Cr
Best Profit Growth
Welspun Specialty Solutions Ltd
788.00 %
Highest Dividend Yield
Rubfila International Limited
2.58 %

Peer Comparison

Company Name
09 · Chart Patterns

Ganga Forging Limited chart patterns: breakouts, tops and bottoms.

Auto-detected classical chart patterns for Ganga Forging Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.

Delivery Conviction

Ganga Forging Limited delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for Ganga Forging Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in Ganga Forging Limited stood at 100.0% of traded volume, against a 20-day average of 77.4%.

Avg Delivery (20D)77.4%+22.6 ppt latest vs avg
Highest Delivery100%on 21 Aug
Avg Volume (20D)57.94 L20-day run-rate
Conviction Trend↑ Strengthening+22.6 ppt latest read
Volume & Delivery · last 20 sessions
Exchange Filings & Investor Updates

Ganga Forging announcements: results, concalls, ratings, M&A.

Filings Ganga Forging sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

Ganga Forging files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 42 documents below.

  1. 07 Aug 2026Disclosure under SEBI Takeover RegulationsView PDF

    Disclosure under SEBI Takeover Regulations

    Pine Oak Global Fund has submitted to  the Exchange a copy of Disclosures under Regulation 29(1) of SEBI (SAST) Regulations, 2011.

  2. 25 Jul 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    Ganga Forging Limited has informed the Exchange about Copy of Newspaper Publication

  3. 21 Jul 2026Outcome of Board MeetingView PDF

    Outcome of Board Meeting

    Outcome of Board Meeting held on Tuesday, 21st July, 2026

  4. 20 Jul 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    Ganga Forging Limited has informed the Exchange about Copy of Newspaper Publication

  5. 18 Jul 2026Outcome of Board MeetingView PDF

    Outcome of Board Meeting

    Ganga Forging Limited has informed the Exchange regarding Outcome of Board Meeting held on July 18, 2026.

Corporate Actions

Ganga Forging dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue Ganga Forging has declared, sequenced by announce and record date.

Ganga Forging corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

Insider Activity

Ganga Forging insider trading: promoter and management activity.

Promoter, director and designated-employee transactions in Ganga Forging as reported to SEBI — buying and selling signals from the people who know the business best.

Ganga Forging insider activity below tracks 1 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).

InsiderCategoryTxn DateActionQuantityValue (₹)Price
Shitalben Manishkumar NarInsider20 Dec 2024sell12.00 L₹82.08 L₹6.84
About the Company

About Ganga Forging Limited: business, sector, key facts.

What Ganga Forging Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

Ganga Forging Limited operates in the Castings & Forgings industry under the Capital Goods sector, listed as NSE: GANGAFORGE.

GANGAFORGE
Capital Goods

Ganga Forging Limited

NSE · GANGAFORGE·www.gangaforging.com

Ganga Forging Limited is an Indian manufacturer and supplier of steel and aluminum forging parts, primarily catering to the automotive and non-automotive sectors. Their product portfolio is extensive and encompasses a wide range of components used in diverse applications. The company's specialization lies in the precision forging of metal components, which are then used as crucial parts in larger machinery and assemblies.

Within the automotive industry, Ganga Forging produces key engine components such as crankshafts (both single and double cylinder), connecting rods (straight and inclined), and other related parts. These components are critical for the proper functioning of internal combustion engines. Beyond automotive applications, their products extend to a broad range of industries and applications.

For the non-automotive sector, Ganga Forging supplies forged components to various industries, including construction, railways, mechanical engineering, oil refineries, and mining. Their product line for these sectors includes components like yokes, trunnion pins, spiders/crosses, trunnion shafts, flanges, clamps, and blind flanges. Further enhancing their versatility, they also offer specialized forged parts for electrical power transmission systems, such as socket clevises, anchor shackles, and dead-end pins.

The company's ability to produce both steel and aluminum forgings highlights their adaptability and capacity to meet the diverse material requirements of their clients. This broad material and product offering strengthens their position as a significant supplier within the forging industry in India. Their long history, dating back to 1988, and their base in Rajkot, India, solidify their established presence in the market.

In summary, Ganga Forging Limited operates as a comprehensive forging solutions provider, offering a diverse range of high-quality steel and aluminum forged components to a substantial client base across numerous sectors. Their specialization in precision forging and their extensive product catalog position them as a key player in the Indian manufacturing landscape.

company facts
Employees
SectorCapital Goods
HeadquartersRajkot, India
Market Cap₹69.09 Cr.
Listed OnNSE
leadership17 on record
Mr. Hiralal Mahidas Tilva
Chairman & MD
Mr. Hiralal Tilva
Chairman of the Board, Managing Director
Mr. Jasubhai Patel
Non-Executive Independent Director
Mr. Nayankumar Virparia
Additional Non-Executive Independent Director
Mr. Rakesh Chhaganlal Patel
MD & Executive Director
Mr. Rakesh Patel
Managing Director, Executive Director
Mr. Rameshbhai Dhingani
Non-Executive Independent Director
Mr. Sagar Govani
Non-Executive Independent Director
Mrs. Avni Dadhania
Chief Financial Officer
Mrs. Parulben Patel
Whole Time Director
Mrs. Sheetal Chaniara
Whole Time Director
Ms. Avni Nileshkumar Dadhaniya
Chief Financial Officer
§ ∞ · Plainly Answered

Questions investors ask about Ganga Forging Limited (GANGAFORGE).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of Ganga Forging Limited (GANGAFORGE)?

The current share price of Ganga Forging Limited (GANGAFORGE) is ₹2.05. Today, the stock has declined by ₹0.10 (4.65%), trading in a range of ₹2.05 to ₹2.05. The stock opened at ₹2.05 with a trading volume of 8,46,239 shares.

02What is the 52-week high and low price of Ganga Forging Limited stock?

The 52-week high price of Ganga Forging Limited (GANGAFORGE) is ₹4.15, while the 52-week low is ₹2.03. Currently trading at ₹2.05, the stock is 0.99% above its 52-week low and 50.6% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

03What is the dividend yield of Ganga Forging Limited and when is the next dividend?

Ganga Forging Limited offers a dividend yield of 0%, which means for every ₹100 invested at the current price of ₹2.05, you can expect to receive approximately ₹0.00 annually as dividends. The face value of the stock is ₹1.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

04How is Ganga Forging Limited stock performing today in the market?

Ganga Forging Limited stock opened at ₹2.05 and is currently trading at ₹2.05, showing a decline of ₹0.10 (4.65%). The intraday high is ₹2.05 and low is ₹2.05. The trading volume stands at 8,46,239 shares, indicating moderate market participation today.

05What is the market capitalization of Ganga Forging Limited?

Ganga Forging Limited has a market capitalization of ₹69.09 Cr., making it a small-cap company. Market cap is calculated by multiplying the current stock price (₹2.05) by the total number of outstanding shares. This metric helps investors understand the company's size, stability, and investment risk profile.

06What is the ROE and ROCE of Ganga Forging Limited?

Ganga Forging Limited has a Return on Equity (ROE) of -13.2% and Return on Capital Employed (ROCE) of -6.43%. ROE measures how efficiently the company generates profits from shareholders' equity, while ROCE indicates how well the company uses its capital to generate profits. These returns may need improvement for better profitability. Higher percentages generally indicate better financial performance.

07Which sector and industry does Ganga Forging Limited belong to?

Ganga Forging Limited operates in the Capital Goods sector and belongs to the Castings & Forgings industry. The company competes with other players in this space and its performance is influenced by sector-specific trends, regulatory changes, and market dynamics. Understanding the sector helps investors assess growth potential, cyclical patterns, and industry-specific risks that may impact the stock's performance.

08What is the debt-to-equity ratio of Ganga Forging Limited?

Ganga Forging Limited has a debt-to-equity ratio of 0.71, which measures the company's financial leverage by comparing total debt to shareholders' equity. This moderate ratio indicates balanced use of debt and equity. Lower ratios generally indicate lower financial risk, but optimal levels vary by industry.

Disclaimer

The data, ratios and commentary about Ganga Forging Limited (GANGAFORGE) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.