Ganga Forging (GANGAFORGE.NS) Stock Price

Ganga Forging Price

CLOSED
2.41INR+0.11 (+4.67 %)
Market closed

Revenue has compounded at 8.2% per year over the past 7 years to 432.19 M INR. Earnings per share have grown at 1.9% per year over the last 7 years. Ganga Forging's net margin stands at 1.4%, broadly stable from 1.1% several years earlier. The stock trades about 44% above its 52-week low.

Ganga Forging stock price

Volume
Details

Stock Price

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How to Read This Chart

This chart tracks the historical stock price of Ganga Forging over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Ganga Forging stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Ganga Forging's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Ganga Forging Stock Price History
DateGanga Forging Price
8/12/20262.41 INR
8/11/20262.30 INR
8/10/20262.20 INR
8/7/20262.11 INR
8/6/20262.02 INR
8/5/20261.94 INR
8/3/20261.79 INR
7/30/20261.80 INR
7/28/20261.68 INR
7/24/20261.67 INR
7/23/20261.75 INR
7/22/20261.92 INR
7/20/20261.92 INR
7/17/20261.99 INR
7/16/20261.96 INR
7/15/20261.98 INR
7/14/20262.00 INR
7/13/20262.10 INR
7/10/20262.21 INR
7/9/20262.13 INR
7/8/20262.13 INR
7/7/20262.42 INR
7/6/20262.53 INR
7/3/20262.46 INR
7/2/20262.36 INR
7/1/20262.48 INR
6/30/20262.45 INR
6/29/20262.40 INR
6/25/20262.40 INR
6/24/20262.47 INR
6/23/20262.61 INR
6/22/20262.69 INR
6/19/20262.51 INR
6/18/20262.57 INR
6/17/20262.54 INR
6/16/20262.53 INR
6/15/20262.57 INR
6/12/20262.53 INR
6/11/20262.43 INR
6/10/20262.42 INR
6/9/20262.31 INR
6/8/20262.28 INR
6/5/20262.33 INR
6/4/20262.28 INR
6/3/20262.33 INR
6/2/20262.35 INR
6/1/20262.34 INR
5/29/20262.36 INR
5/28/20262.34 INR
5/27/20262.34 INR
5/26/20262.38 INR
5/25/20262.41 INR
5/22/20262.42 INR
5/21/20262.43 INR
5/20/20262.46 INR
5/19/20262.42 INR
5/18/20262.44 INR
5/15/20262.34 INR
5/14/20262.46 INR
5/13/20262.44 INR
5/12/20262.50 INR
5/11/20262.60 INR
5/8/20262.61 INR
5/7/20262.65 INR
5/6/20262.69 INR
5/5/20262.73 INR
5/4/20262.80 INR
5/1/20262.90 INR
4/30/20262.90 INR
4/29/20262.93 INR
4/28/20262.87 INR
4/27/20262.83 INR
4/24/20262.88 INR
4/23/20262.89 INR
4/22/20262.93 INR
4/21/20262.90 INR
4/20/20262.89 INR
4/17/20263.00 INR
4/16/20262.86 INR
4/15/20262.77 INR
4/13/20262.74 INR
4/10/20262.71 INR
4/9/20262.69 INR
4/8/20262.69 INR
4/7/20262.58 INR
4/6/20262.63 INR
4/2/20262.66 INR
4/1/20262.65 INR
3/30/20262.38 INR
3/27/20262.60 INR
3/25/20262.68 INR
3/24/20262.74 INR
3/23/20262.72 INR
3/20/20262.79 INR
3/19/20262.81 INR
3/18/20262.82 INR
3/17/20262.80 INR
3/16/20262.73 INR
3/13/20262.83 INR
3/12/20262.88 INR
3/11/20262.85 INR
3/10/20262.85 INR
3/9/20262.91 INR
3/6/20262.90 INR
3/5/20262.83 INR
3/4/20262.78 INR
3/2/20262.91 INR
2/27/20263.01 INR
2/26/20262.99 INR
2/25/20262.96 INR
2/24/20262.93 INR
2/23/20263.02 INR
2/20/20263.19 INR
2/19/20263.21 INR
2/18/20263.22 INR
2/17/20263.23 INR
2/16/20263.30 INR
2/13/20263.16 INR
2/12/20263.09 INR
2/11/20263.26 INR
2/10/20263.36 INR
2/9/20263.31 INR
2/6/20263.37 INR
2/5/20263.41 INR
2/4/20263.37 INR
2/3/20263.40 INR
2/2/20263.31 INR
1/30/20263.35 INR
1/29/20263.34 INR
1/28/20263.39 INR
1/27/20263.22 INR
1/23/20263.38 INR
1/22/20263.11 INR
1/21/20263.11 INR
1/20/20263.09 INR
1/19/20263.24 INR
1/16/20263.35 INR
1/14/20263.32 INR
1/13/20263.33 INR
1/12/20263.35 INR
1/9/20263.42 INR
1/8/20263.50 INR
1/7/20263.48 INR
1/6/20263.54 INR
1/5/20263.59 INR
1/2/20263.69 INR
1/1/20263.65 INR
12/31/20253.60 INR
12/30/20253.70 INR
12/29/20253.79 INR
12/26/20253.59 INR
12/24/20253.49 INR
12/23/20253.55 INR
12/22/20253.64 INR
12/19/20253.56 INR
12/18/20253.47 INR
12/17/20253.62 INR
12/16/20253.02 INR
12/15/20253.00 INR
12/12/20252.98 INR
12/11/20252.94 INR
12/10/20253.00 INR
12/9/20253.04 INR
12/8/20253.00 INR
12/5/20252.98 INR
12/4/20252.82 INR
12/3/20252.85 INR
12/2/20253.09 INR
12/1/20253.28 INR
11/28/20253.26 INR
11/27/20253.26 INR
11/26/20253.30 INR
11/25/20253.19 INR
11/24/20253.20 INR
11/21/20253.20 INR
11/20/20253.22 INR
11/19/20253.22 INR
11/18/20253.24 INR
11/17/20253.31 INR
11/14/20253.38 INR
11/13/20253.34 INR
11/12/20253.35 INR
11/11/20253.35 INR
11/10/20253.48 INR
11/7/20253.47 INR
11/6/20253.45 INR
11/4/20253.53 INR
11/3/20253.56 INR
10/31/20253.55 INR
10/30/20253.56 INR
10/29/20253.48 INR
10/28/20253.66 INR
10/27/20253.65 INR
10/24/20253.65 INR
10/23/20253.68 INR
10/21/20253.77 INR
10/20/20253.66 INR
10/17/20253.62 INR
10/16/20253.86 INR
10/15/20253.97 INR
10/14/20254.02 INR
10/13/20253.72 INR
10/10/20253.64 INR
10/9/20253.56 INR
10/8/20253.53 INR
10/7/20253.53 INR
10/6/20253.55 INR
10/3/20253.57 INR
10/1/20253.56 INR
9/30/20253.57 INR
9/29/20253.62 INR
9/26/20253.72 INR
9/25/20253.74 INR
9/24/20253.76 INR
9/23/20253.72 INR
9/22/20253.68 INR
9/19/20253.76 INR
9/18/20253.78 INR
9/17/20253.75 INR
9/16/20253.78 INR
9/15/20253.79 INR
9/12/20253.81 INR
9/11/20253.81 INR
9/10/20253.82 INR
9/9/20253.75 INR
9/8/20253.78 INR
9/5/20253.98 INR
9/4/20253.96 INR
9/3/20253.65 INR
9/2/20253.32 INR
9/1/20253.05 INR
8/29/20253.02 INR
8/28/20253.01 INR
8/26/20253.13 INR
8/25/20253.36 INR
8/22/20253.43 INR
8/21/20253.39 INR
8/20/20253.39 INR
8/19/20253.37 INR
8/18/20253.45 INR
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Ganga Forging Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2018
248.84 M INR
14.79 M INR
4.63 M INR
Jan 1, 2019
278.75 M INR
16.08 M INR
5.21 M INR
Jan 1, 2020
236.58 M INR
-16.37 M INR
-21.15 M INR
Jan 1, 2021
229.82 M INR
8.27 M INR
2.53 M INR
Jan 1, 2022
288.32 M INR
16.59 M INR
10.34 M INR
Jan 1, 2023
334.10 M INR
11.15 M INR
16.57 M INR
Jan 1, 2024
372.12 M INR
15.00 M INR
4.43 M INR
Jan 1, 2025
432.19 M INR
11.84 M INR
6.13 M INR

Ganga Forging Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 15, 2026, 4:25 AM
 
REVENUEM INR
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM INR
EBITM INR
EBIT MARGIN%
NET INCOMEM INR
NET INCOME GROWTH%
SHARESM
20182019202020212022202320242025
248.00278.00236.00229.00288.00334.00372.00432.00
–12.10-15.11-2.9725.7615.9711.3816.13
36.2938.8528.3938.4336.8132.9335.4833.10
90.00108.0067.0088.00106.00110.00132.00143.00
14.0016.00-16.008.0016.0011.0015.0011.00
5.655.76-6.783.495.563.294.032.55
4.005.00-21.002.0010.0016.004.006.00
–25.00-520.00-109.52400.0060.00-75.0050.00
105.96105.96105.96105.96105.96105.96112.47122.61
Details

Income Statement Key Figures

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Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Ganga Forging generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Ganga Forging retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Ganga Forging's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Ganga Forging has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Ganga Forging's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Ganga Forging stock margins

The Ganga Forging margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Ganga Forging. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Ganga Forging.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2018
36.44 %
5.94 %
1.86 %
Jan 1, 2019
38.96 %
5.77 %
1.87 %
Jan 1, 2020
28.49 %
-6.92 %
-8.94 %
Jan 1, 2021
38.68 %
3.60 %
1.10 %
Jan 1, 2022
36.86 %
5.75 %
3.59 %
Jan 1, 2023
33.04 %
3.34 %
4.96 %
Jan 1, 2024
35.61 %
4.03 %
1.19 %
Jan 1, 2025
33.15 %
2.74 %
1.42 %

Ganga Forging Stock Revenue, EBIT, Earnings per Share

The Ganga Forging earnings per share therefore indicates how much revenue Ganga Forging has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2018
2.35 INR
0.14 INR
0.04 INR
Jan 1, 2019
2.63 INR
0.15 INR
0.05 INR
Jan 1, 2020
2.23 INR
-0.15 INR
-0.20 INR
Jan 1, 2021
2.17 INR
0.08 INR
0.02 INR
Jan 1, 2022
2.72 INR
0.16 INR
0.10 INR
Jan 1, 2023
3.15 INR
0.11 INR
0.16 INR
Jan 1, 2024
3.31 INR
0.13 INR
0.04 INR
Jan 1, 2025
3.52 INR
0.10 INR
0.05 INR

Ganga Forging business model & stock analysis

Ganga Forging Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Ganga Forging historical P/E ratio, EBIT multiple, and P/S ratio

Ganga Forging annual returns

Details

Annual Return

ⓘ

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Ganga Forging shares outstanding

The number of shares of Ganga Forging was 122.61 M in 2025. This indicates how many shares Ganga Forging is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2018
105.96 M Stocks
Jan 1, 2019
105.96 M Stocks
Jan 1, 2020
105.96 M Stocks
Jan 1, 2021
105.96 M Stocks
Jan 1, 2022
105.96 M Stocks
Jan 1, 2023
105.96 M Stocks
Jan 1, 2024
112.47 M Stocks
Jan 1, 2025
122.61 M Stocks

Ganga Forging stock splits

In Ganga Forging's history, there have been no stock splits.
Price targets and forecasts for Ganga Forging are not yet available.

Ganga Forging Executives and Management Board

10 members · avg. age 56 · 40 % women

RP

Mr. Rakesh Patel (48)

Managing Director, Executive Director · since 2016

2.40 M INR

Management

HT

Mr. Hiralal Tilva (73)

Chairman of the Board, Managing Director · since 2018

2.21 M INR
AD

Mrs. Avni Dadhania

Chief Financial Officer

240,000.00 INR
DV

Ms. Drashti Vaghasiya

Compliance Officer, Company Secretary

167,500.00 INR

Board of Directors

SC

Mrs. Sheetal Chaniara (48)

Whole Time Director · since 2017

352,000.00 INR
PP

Mrs. Parulben Patel (49)

Whole Time Director · since 2017

–
RD

Mr. Rameshbhai Dhingani (58)

Non-Executive Independent Director

–
SG

Mr. Sagar Govani (47)

Non-Executive Independent Director

–
JP

Mr. Jasubhai Patel (72)

Non-Executive Independent Director

–
NV

Mr. Nayankumar Virparia

Additional Non-Executive Independent Director

–

Frequently asked questions about Ganga Forging

Converted at the current exchange rate, the Ganga Forging share trades at 0.02 EUR (2.41 INR).

No history available for Ganga Forging.

The revenue cannot currently be calculated for Ganga Forging.

The profit cannot currently be calculated for Ganga Forging.

The P/E ratio cannot be calculated for Ganga Forging at the moment.

The P/S cannot be calculated for Ganga Forging currently.

The Eulerpool Quality Score for Ganga Forging is 1/10.

The ISIN of Ganga Forging is INE691Z01023. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of Ganga Forging is GANGAFORGE.NS. The ticker symbol is used to trade Ganga Forging shares on the stock exchange.

Ganga Forging paid dividends every year for the past 0 years.

Ganga Forging is assigned to the 'Commodities' sector.

The dividends of Ganga Forging are distributed in INR.

All fundamentals and in-depth analysis of Ganga Forging

Our stock analysis for Ganga Forging stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Ganga Forging. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

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