Ganga Forging Ltd

Ganga Forging Ltd (GANGAFORGE)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-6.3 %
3 Month Return-0.84 %
1 Year Return-61.37 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 300
Rank 304
Rank 327
Dividend Yield
Rank 178
Rank 430
Price To Book Ratio
Rank 263
Debt To Asset
Rank 317

Company Information

Ganga Forging Limited was originally incorporated as Ganga Forgoing Private Limited at Ahmedabad as a private limited company on December 29 1988. Subsequently the Company was converted into a public limited company and the name of the Company was changed to Ganga Forging Limited on October 30 2017.Ganga Forging is manufacturer in forging industry and is engaged in manufacturing of closed die forged products catering to both automotive and nonautomotive segment. Automotive segment include manufacturing of products catering to commercial vehicle passenger car three wheeler two wheeler and tractor. Nonautomotive segment include electric power transmission dairy equipment manufacturing agricultural gear and gear box crank shafts connecting road heavy engineering industrial hubs and flanges.The Company also complies with Quality Assurance System like ISO and strives to deliver quality products to the customers. The Company is ISO 9001:2008 certified. The Company is dedicated towards supply of quality products by controlling the procurement of its raw material monitoring the process parameters and maintaining appropriate measures to comply with applicable statutory and regulatory requirements of products. The Company is equipped with inhouse testing laboratory for checking of raw materials working in process materials and finished products. The finished products are checked in laboratory to ensure that the same is of relevant standards and design as specified by the customer.The Company was started by Mr. Hiralal Tilva and Late Mr. Chhaganlal Patel. Later on Mr. Rakesh Chhaganlal Patel joined the board of the Company and under their guidance the company has expanded its sales and operations. The Company doesnt markets these products in own brand name. Further The Company sells these product as a semifinished product to the supplier who further grinds the product.
OrganisationGanga Forging Ltd
IndustryCastings, Forgings & Fastners