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LGB Forge Limited
Share Price Target & Analysis

NSE:LGBFORGE

9.86

VWAP

9.90

Open

9.75

Close

9.95

High

9.80

Low

14.75

52 Week High

9.90 ⇧
0.05 (0.51%)

LGBFORGE

(INDUSTRIAL MANUFACTURING)
30.2% Momentum

Turnaround Potential

7.80

52 Week Low

-

EPS

45.29

PE

7.8

PB

Uncertain
Quality

Unclear
Valuation

#Analysis

NSE: LGBFORGE Share Price Financial Analysis & Valuation

LGB Forge Limited (LGBFORGE) is broadly categorized in INDUSTRIAL MANUFACTURING segment industry which deals in Castings & Forgings vertical. It is one of Micro Cap company with Market Capitalization of Rs 343.2 (in Cr). Total number of free float shares are 15 (in Lacs). LGB Forge Limited is listed on NSE with Exchange ID - INE201J01017 and trading code is NSE:LGBFORGE with short name LGB Forge.

In the past 1 year, LGB Forge Limited has declared an equity dividend of Rs 0 per share. At the current share price of LGBFORGE at Rs 9.90, this results in a dividend yield of 0 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:LGBFORGE, it is clearly understood that LGBFORGE is Uncertain performer in terms of earnings and profit margins with an EPS of -. NSE:LGBFORGE book value per share as of today is 1.27. The current price to book ratio for LGBFORGE as of May 18, 2024 is 7.8.

Valuation of the Stock: The current valuation of LGBFORGE stock is like Unclear which means currently the stock is Confusing. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of LGBFORGE whether to BUY this stock at current valuation. The delivery percentage of LGBFORGE is 75.84% is very crucial parameter which shows that 75.84% investors are anticipating that the price of LGBFORGE share should go up with VWAP at 9.86.

Now, the main question is whether to BUY or SELL, NSE:LGBFORGE at current valuation.
As per latest Analysis No. #2241:-

⇑ STRONG BUY LGBFORGE if All Greens

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

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

⇘ SELL LGBFORGE if NO Green Indicator

NSE: LGBFORGE Share Price Today (May 18, 2024)

(LGB Forge Limited Daily Analysis on the basis of LGBFORGE Intraday Graph & Trend)

LGB Forge Limited share price moved Up by 0.51% from its previous close of Rs 9.75. LGBFORGE stock last traded price is 9.90. LGBFORGE share price trend is Up with a total of 7558 stocks traded till now. It has touched an intraday high of Rs 9.95 and an intraday low of Rs 9.80. The LGBFORGE trading at 9.90, Up by Rs. 0.05, or 0.51 percent which suggests that most of the Traders are anticipating that the price of LGBFORGE share should go Up.

NSE: LGBFORGE Share Price Tomorrow Prediction

(LGB Forge Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of LGBFORGE)

LGB Forge Limited share price moved Up by 0.51%. LGBFORGE share price short term trend is Up. It suggests that LGBFORGE Share Price for Tomorrow remains the same with VWAP at 9.86 will be treated as stop loss for intraday traders. LGB Forge Limited Long term investors can follow the LGBFORGE long term trend as mentiond in future forecast table.

NSE Code

NSE: LGBFORGE

LGBFORGE Share Price Today

 9.90

LGBFORGE Share Price Target Prediction for 2024 ^

 8.2 - 12

LGBFORGE Share Price Target Prediction for 2025*^

 12 - 12.5

LGBFORGE Share Price Target Prediction for 2026*^

 12.5 - 13.1

LGBFORGE Share Price Target Prediction for 2027*^

 14

LGBFORGE Share Price Target Prediction for 2028*^

 14

LGBFORGE Share Price Target Prediction for 2030*^

 15
LGBFORGE Current Book Value 2023
1.3

*LGB Forge Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^LGBFORGE 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.

LGBFORGE Technical Analysis

Candlestick Pattern: @10.75

LGBFORGE Moving Averages

BUY (13) NEUTRAL (0) SELL (1)
MA Simple Action S1 Expo Action E2
MA_5 10.14 BUY 10.29 BUY
MA_12 10.13 BUY 10.17 BUY
MA_20 10.21 BUY 10.16 BUY
MA_32 10.07 BUY 10.23 BUY
MA_50 10.03 BUY 10.39 BUY
MA_100 11.18 SELL 10.67 BUY
MA_200 10.66 BUY 10.64 BUY

LGBFORGE Trend Oscillators

BUY (3) NEUTRAL (1) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 10.74 OverBought
MACD 0.04 BUY
ADX 18.68 NO or Weak Trend
DMI (+/-) 28.33 / 12.11 Uptrend

LGBFORGE Momentum Oscillators

BUY (8) NEUTRAL (4) SELL (0)
Momentum Oscillators Value Action
RSI 59.91 Neutral
STOCHASTIC_K (Fast) 81.52 Overbought
STOCHASTIC_D (Slow) 61.08 Neutral
CCI 146.15 BUY
PSAR 9.4 BUY
TRUE RANGE 0.65 BUY
ATR 0.51 BUY
WILLIAMS R -12.9 Overbought
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 75.89 Neutral
MOMENTUM 0.4 BUY

LGBFORGE Last 1 Year Trend

Duration Value
1 Year 25%
3 Months -25.86%
1 Month 3.86%
1 Week 7.5%

LGBFORGE Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 80%
NEUTRAL / HOLD 17%
SELL 3%

Most popular Questions & Answers about LGBFORGE


LGB Forge Limited stock last traded price is 9.90. LGBFORGE share price moved Up by 0.51% from its previous close of Rs 9.75.

LGB Forge Limited share price trend is Up with a total of 7558 stocks traded till now. It has touched an intraday high of Rs 14.8975 and an intraday low of Rs 9.80. The LGBFORGE trading at 9.90, Up by Rs. 0.05, or 0.51 percent which suggests that most of the Traders are anticipating that the price of LGBFORGE share should go Up and the Stop Loss will be around 9.86.

The market cap of LGB Forge Limited is ₹343.2 (in Cr) as of May 17, 2024.

The current price to earning ratio for LGB Forge Limited as of May 17, 2024 is 45.29.

The current price to book ratio for LGB Forge Limited as of May 17, 2024 is 7.8.

The highest price of LGB Forge Limited stock is ₹14.75 in the last 52-week.

The lowest price of LGB Forge Limited stock is ₹7.80 in the last 52-week.

LGB Forge Limited share trading at ₹9.90, Up by Rs. 0.05, or 0.51 percent which suggests that most of the traders are anticipating that the price of LGBFORGE share should go Up.

In 2023, Stock price target for LGB Forge Limited (LGBFORGE) are ₹8.2 on downside and ₹12 on upside. LGB Forge Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for LGB Forge Limited (LGBFORGE) are ₹12 on downside and ₹12.5 on upside. LGB Forge Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for LGB Forge Limited (LGBFORGE) are ₹12.5 on downside and ₹13.1 on upside. LGB Forge 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 LGB Forge Limited (LGBFORGE) will be around ₹14 LGB Forge Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of LGBFORGE.

As per the fundamental analysis of LGB Forge Limited (LGBFORGE), it is of Uncertain quality in terms of earnings and profit margins with an EPS of 0. LGB Forge Limited book value per share as of today is 1.27. The current price to book ratio for LGBFORGE as of May 18, 2024 is 7.8.


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


Peer Comparison of NSE: LGBFORGE

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

Sector: Castings & Forgings

Company Price EPS BV
STEELCAS 663.25 37.47 106.33
BHARATFORG 1479.25 30.61 184.04
AIAENG 3792.65 119.75 684.46
RKFORGE 719.50 18.04 73.48
JAYNECOIND 49.20 2.16 23.31
ELECTCAST 174.05 11.91 68.71
MMFL 1127.25 55.93 285.3
ALICON 955.20 25.44 292
NELCAST 144.45 6.25 59.68
LGBFORGE 9.90 0 1.27
Updated at: 17 May 2024 15:53

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