SSelectStock

GANGAFORGEGanga Forging Limited

Capital Goods · Metal Fabrication · NSE · as of 2026-09-11 (delayed ~30 min in market hours)

Ganga Forging Limited manufactures and sells steel forging parts and machine components for automotive and non-automotive sectors in India. It offers forged crankshafts, crankshaft single and double cylinders, straight and inclined connecting rods, forged and big yokes, trunnion-pins, spiders/crosses, forged trunnion shafts, forged flanges and clamps, and blind flanges, as well as socket clevises, anchor shackles, and dead-end pin electrical power transmission parts. The company also provides aluminum forging products. It serves clients in railways, construction equipment, agricultural machinery and equipment, earth moving and other industries. The company was incorporated in 1988 and is based in Rajkot, India.

1.58
1.25%
14Weak

Mkt Cap
₹53 Cr
P/E
P/B
0.9
Div Yield
0.00%
52W High
₹4.15
52W Low
₹1.53

Price & Volume

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Key Ratios

Market Cap (₹ cr)53.20
P/E
P/B0.85
PEG
ROE %-12.80
ROCE %-6.80
Debt / Equity0.79
EPS-21.37
Revenue Growth %-17.60
Profit Growth %-698.40
Dividend Yield %0.00
Promoter Holding %
FII Holding %
DII Holding %
Beta0.03

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

AVOIDConviction 93%

Why avoid

  • Overall evidence is weak (AlgoScore 14/100)
  • Revenue growth: -17.6% YoY
  • Profit growth: -698.4% YoY
  • RSI: 35
  • MACD: bearish
  • Double Top bearish signal (setup quality 66%)

Bull case

  • Debt/Equity: 0.79
  • Trend strength (ADX): 29

Bear case

  • Revenue growth: -17.6% YoY
  • Profit growth: -698.4% YoY
  • RSI: 35
  • MACD: bearish

Key risks

  • Elevated volatility / drawdown profile — size positions accordingly
  • Weak fundamentals — technical strength may not sustain
  • Momentum is fading versus the broader market
  • Revenue growth: -17.6% YoY
  • Profit growth: -698.4% YoY

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹1.58
Stop Loss
₹1.51
risk 4.1%
Target 1 (1.5R)
₹1.68
+6.3%
Target 2 (3R)
₹1.78
+12.7%
Support (20d)
₹1.53
Resistance (52w)
₹4.15
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹0.07/share
ATR (volatility)
₹0.10
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹0.10). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental12
Technical25
Momentum8
Risk (safety)10

Peers — Capital Goods

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