Grand Foundry Ltd

Grand Foundry Ltd (GFSTEELS)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return35.93 %
3 Month Return44.99 %
1 Year Return73.99 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 266
Rank 266
Rank 261
Dividend Yield
Rank 134
Rank 362
Price To Book Ratio
Rank 200
Debt To Asset
Rank 29

Company Information

Acquired by the Janglas in 1978 Grand Foundry GFL manufactures coldfinished stainless and alloy steel bars. In Feb.92 it came out with a public issue. Today GFL is Indias premier bright steel bar mainly stainless steel processing house. It has to its credit one of the bestequipped plants in the country and some of the sophisticated and efficient processing technologies in the world. GFL supplies practically every grade of steel required by the engineering industry to customers spread throughout India and in the US Japan Europe Australia Canada etc. The company bagged an award from the Engineering Export Promotion Council EEPC of India for the sixth year in succession since 198889. GFL is a governmentrecognised Export House. It has implemented a two fold backward integration project by installing a wire rod and bar mill along with a steelmaking facility. The Rs 250cr project was completed in the fag end of 1997.
OrganisationGrand Foundry Ltd