bell
The current prices are delayed by 15 mins, login to check live prices.
Garg Furnace Ltd share price logo

Garg Furnace Ltd

(530615)

₹2705.69%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Garg Furnace Ltd Performance

  • Day's Low

    Day's High

    ₹269.9
    Day's Price Range
    ₹291.9
  • 52 Week's Low

    52 Week's High

    ₹228.35
    52-Week Price Range
    ₹441.2
1 Month Return+ 0.35 %
3 Month Return-21.59 %
1 Year Return+ 20.47 %
Previous Close₹286.30
Open₹286.30
Volume2,771.00
Upper Circuit-
Lower Circuit-
Market Cap₹153.85Cr

Garg Furnace Ltd Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹153.85 Cr
P/B Ratio4.11
EPS0
Dividend Yield0
SectorSteel
ROE13.3

Garg Furnace Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹153.85 Cr438.45%0.52NANA
NA₹1,551.94 Cr165.87%0.59₹96 Cr₹621 Cr
NA₹127.31 Cr-3.9%0.67NANA
NA₹128.85 Cr103.24%0.65NANA
BUY₹2,745.08 Cr134.37%0.75₹98 Cr₹3,130 Cr

About Garg Furnace Ltd

Garg Furnace, established in December 1973, is a public limited company that manufactures alloy steel. It has its manufacturing facilities located at Ludiana, Punjab and began operations in 1974 with a 1 tonne arc furnace. To improve their technology, it was scrapped and a 0.5 metric tonne induction melting furnace was installed. In 1988, it added a rolling mill for the production of MS hot rolled rounds. The capacity was continually increased from 1989-1994 and then again in March 1995. They completed an expansion-cum-forward integration plan in 1995, to set up a new induction melting furnace and a wire rod mill with a combined capacity of 72,000 and 30,000 tonnes per annum respectively. Since then, they have been supplying their products to Indian Railways, thermal power stations, cement plants, sugar mills and auto, bicycle and sewing machine parts manufacturers.

Share Price: ₹270.00 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹153.85Cr as of today
Chairperson Name: Devinder Garg
OrganisationGarg Furnace Ltd
Headquarters
IndustrySteel
E-voting on sharesClick here to vote

Key events for Garg Furnace Ltd

  • Garg Furnace Acquires Majority Stake in Vanira Industries - 07 Sep, 2024

    Garg Furnace announced the acquisition of a 51% stake in Vanira Industries, aiming to expand into alloy steel and fasteners. The stock has seen significant growth over the past year but recently declined from its peak.

Insights on Garg Furnace Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, Garg Furnace has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 31.11% to 50.63% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Jindal Steel & Power Ltd has given 27.7% return, outperforming this stock by 3.2%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 68.89% to 49.36% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, Garg Furnace stock has moved down by -20.9%

Garg Furnace Ltd Financials

Value in ₹ crore
Details2021202220232024
Total Assets₹43.89Cr (-)₹49.84Cr (↑13.56%)₹58.77Cr (↑17.92%)₹60.97Cr (↑3.74%)
Total Liabilities₹35.41Cr (-)₹35.11Cr (↓0.85%)₹38.07Cr (↑8.43%)₹12.26Cr (↓67.80%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹22.78Cr (-)₹2.98Cr (↓86.92%)₹0.25Cr (↓91.61%)₹8.45Cr (↑3,280.00%)-₹13.41Cr (↓258.70%)

Garg Furnace Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
49.36%
-28.35
Foreign Institutions
0%
0.00
Mutual Funds
0%
0.00
Retail Investors
50.63%
62.78
Others
0%
0.00

Garg Furnace Ltd Key Indicators

Details2020202220232024
Return On Equity %-24.7333.6720.4313.3

Garg Furnace Ltd Earnings and Dividends

  • Garg Furnace Ltd Earnings Results

    Garg Furnace Ltd’s net profit jumped 45.1% since last year same period to ₹0.74Cr in the Q2 2024-2025. On a quarterly growth basis, Garg Furnace Ltd has generated -52.56% fall in its net profits since last 3-months.

    Read More about Earnings Results

Garg Furnace Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Garg Furnace Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Garg Furnace Ltd

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Garg Furnace Ltd shares.

Garg Furnace Ltd (530615) share price today is ₹270

Garg Furnace Ltd is not listed on NSE

Garg Furnace Ltd is listed on BSE

  • Today’s highest price of Garg Furnace Ltd is ₹291.9.
  • Today’s lowest price of Garg Furnace Ltd is ₹269.9.

Today’s traded volume of Garg Furnace Ltd(530615) is 2,771.00.

Today’s market capitalisation of Garg Furnace Ltd(530615) is ₹153.85Cr.

Garg Furnace Ltd(530615Price
52 Week High
₹441.2
52 Week Low
₹228.35

Garg Furnace Ltd(530615) share price is ₹270. It is down -38.80% from its 52 Week High price of ₹441.2

Garg Furnace Ltd(530615) share price is ₹270. It is up 18.24% from its 52 Week Low price of ₹228.35

Garg Furnace Ltd(530615Returns
1 Day Returns
-16.3%
1 Month Returns
0.35%
3 Month Returns
-21.59%
1 Year Returns
20.47%