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Ganga Forging Limited
Share Price Target & Analysis

NSE:GANGAFORGE

7.06

VWAP

6.84

Open

7.2

Close

7.34

High

6.84

Low

17.5

52 Week High

7.11 ⇩
-0.09 (-1.25%)

GANGAFORGE

(Miscellaneous)
10.4% Momentum

Turnaround Potential

5.9

52 Week Low

0.05

EPS

44.27

PE

3.31

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: GANGAFORGE Share Price Financial Analysis & Valuation

Ganga Forging Limited (GANGAFORGE) is broadly categorized in Miscellaneous segment industry which deals in Auto Ancillaries - Castings/Forgings vertical. It is one of Micro Cap company with Market Capitalization of Rs 0 (in Cr). Total number of free float shares are 0 (in Lacs). Ganga Forging Limited is listed on NSE with Exchange ID - INE691Z01023 and trading code is NSE:GANGAFORGE with short name Ganga Forging.

In the past 1 year, Ganga Forging Limited has declared an equity dividend of Rs 0 per share. At the current share price of GANGAFORGE at Rs 7.11, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:GANGAFORGE, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine GANGAFORGE underlying value and future prospects. All of this data is available in GANGAFORGE financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:GANGAFORGE, it is clearly understood that GANGAFORGE is Economical performer in terms of earnings and profit margins with an EPS of 0.05. NSE:GANGAFORGE book value per share as of today is 2.15. The current price to book ratio for GANGAFORGE as of Nov 23, 2024 is 3.31.

Valuation of the Stock: The current valuation of GANGAFORGE stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of GANGAFORGE whether to BUY this stock at current valuation. The delivery percentage of GANGAFORGE is 76.52% is very crucial parameter which shows that 76.52% investors are anticipating that the price of GANGAFORGE share should go up with VWAP at 7.06.

Now, the main question is whether to BUY or SELL, NSE:GANGAFORGE at current valuation.
As per latest Analysis No. #11880:-

⇑ STRONG BUY GANGAFORGE if All Greens

⇗ BUY GANGAFORGE (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD GANGAFORGE (With Stop Loss) if only 1 Green

⇘ SELL GANGAFORGE if NO Green Indicator

NSE: GANGAFORGE Share Price Today (Nov 23, 2024)

(Ganga Forging Limited Daily Analysis on the basis of GANGAFORGE Intraday Graph & Trend)

Ganga Forging Limited share price moved Down by -1.25% from its previous close of Rs 7.2. GANGAFORGE stock last traded price is 7.11. GANGAFORGE share price trend is Down with a total of 81155 stocks traded till now. It has touched an intraday high of Rs 7.34 and an intraday low of Rs 6.84. The GANGAFORGE trading at 7.11, Down by Rs. -0.09, or -1.25 percent which suggests that most of the Traders are anticipating that the price of GANGAFORGE share should go Down.

NSE: GANGAFORGE Share Price Tomorrow Prediction

(Ganga Forging Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of GANGAFORGE)

Ganga Forging Limited share price moved Down by -1.25%. GANGAFORGE share price short term trend is Down. It suggests that GANGAFORGE Share Price for Tomorrow remains the same with VWAP at 7.06 will be treated as stop loss for intraday traders. Ganga Forging Limited Long term investors can follow the GANGAFORGE long term trend as mentiond in future forecast table.

NSE Code

NSE: GANGAFORGE

GANGAFORGE Share Price Today

 7.11

GANGAFORGE Share Price Target Prediction for 2024 ^

 6.2 - 12.5

GANGAFORGE Share Price Target Prediction for 2025*^

 12.5 - 13

GANGAFORGE Share Price Target Prediction for 2026*^

 13 - 13.7

GANGAFORGE Share Price Target Prediction for 2027*^

 14

GANGAFORGE Share Price Target Prediction for 2028*^

 15

GANGAFORGE Share Price Target Prediction for 2030*^

 16
GANGAFORGE Current Book Value 2023
2.1

*Ganga Forging Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^GANGAFORGE share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

GANGAFORGE Technical Analysis

Candlestick Pattern: @6.91

GANGAFORGE Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 7.47 SELL 7.23 SELL
MA_12 7.07 SELL 7.19 SELL
MA_20 6.91 SELL 7.19 SELL
MA_32 7.24 SELL 7.31 SELL
MA_50 7.7 SELL 7.45 SELL
MA_100 7.69 SELL 7.7 SELL
MA_200 9 SELL 7.85 SELL

GANGAFORGE Trend Oscillators

BUY (3) NEUTRAL (0) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 6.91 Uptrend
MACD 0.08 BUY
ADX 27.87 Strong Trend
DMI (+/-) 29.54 / 31.95 Downtrend

GANGAFORGE Momentum Oscillators

BUY (0) NEUTRAL (6) SELL (6)
Momentum Oscillators Value Action
RSI 44.52 Neutral
STOCHASTIC_K (Fast) 3.58 Oversold
STOCHASTIC_D (Slow) 5.34 Oversold
CCI -12.06 Neutral
PSAR 8.5 SELL
TRUE RANGE 0.42 Neutral
ATR 0.4 Neutral
WILLIAMS R -67.66 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM -0.56 SELL

GANGAFORGE Last 1 Year Trend

Duration Value
1 Year 3.91%
3 Months -3.22%
1 Month -7.5%
1 Week -11.64%

GANGAFORGE Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 10%
NEUTRAL / HOLD 20%
SELL 70%

Most popular Questions & Answers about GANGAFORGE


Ganga Forging Limited stock last traded price is 7.11. GANGAFORGE share price moved Down by -1.25% from its previous close of Rs 7.2.

Ganga Forging Limited share price trend is Down with a total of 81155 stocks traded till now. It has touched an intraday high of Rs 17.675 and an intraday low of Rs 6.84. The GANGAFORGE trading at 7.11, Down by Rs. -0.09, or -1.25 percent which suggests that most of the Traders are anticipating that the price of GANGAFORGE share should go Down and the Stop Loss will be around 7.06.

The market cap of Ganga Forging Limited is ₹0 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Ganga Forging Limited as of Nov 22, 2024 is 44.27.

The current price to book ratio for Ganga Forging Limited as of Nov 22, 2024 is 3.31.

The highest price of Ganga Forging Limited stock is ₹17.5 in the last 52-week.

The lowest price of Ganga Forging Limited stock is ₹5.9 in the last 52-week.

Ganga Forging Limited share trading at ₹7.11, Down by Rs. -0.09, or -1.25 percent which suggests that most of the traders are anticipating that the price of GANGAFORGE share should go Down.

In 2023, Stock price target for Ganga Forging Limited (GANGAFORGE) are ₹6.2 on downside and ₹12.5 on upside. Ganga Forging Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Ganga Forging Limited (GANGAFORGE) are ₹12.5 on downside and ₹13 on upside. Ganga Forging Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Ganga Forging Limited (GANGAFORGE) are ₹13 on downside and ₹13.7 on upside. Ganga Forging Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Ganga Forging Limited (GANGAFORGE) will be around ₹15 Ganga Forging Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of GANGAFORGE.

The price of Ganga Forging Limited (GANGAFORGE) shares moved by -1.25%. The short-term trend for GANGAFORGE share price is Down. It implies that the share price of GANGAFORGE will stay the same tomorrow and that intraday traders should treat VWAP at 7.06 as a stop loss. Investors with a long-term outlook can track GANGAFORGE long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of GANGAFORGE stock is 0.6. Compared to the current market price of 7.11 INR, the GANGAFORGE stock is Overvalued by 91.6%.

As per the fundamental analysis of Ganga Forging Limited (GANGAFORGE), it is of Economical quality in terms of earnings and profit margins with an EPS of 0.05. Ganga Forging Limited book value per share as of today is 2.15. The current price to book ratio for GANGAFORGE as of Nov 23, 2024 is 3.31.


NSE:GANGAFORGE News & Other Useful Information about GANGAFORGE Share Price


Peer Comparison of NSE: GANGAFORGE

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Auto Ancillaries - Castings/Forgings

Company Price EPS BV
SONACOMS 685.70 8.68 41.98
MAHINDCIE 455.00 15.34 130.22
GANGAFORGE 7.11 0.05 2.15
TCL 145.85 0 31.23
Updated at: 22 Nov 2024 15:55

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