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Kalyani Forge Ltd

Kalyani Forge Ltd (KALYANIFRG)

₹436.7▲1.03%

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Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

Kalyani Forge Ltd share Performance

₹426.1
₹437.8
₹436.7
2.43%
Low
Day's Volatility:2.68%
High
0.25%
₹232.05
₹573.3
₹436.7
46.86%
Low
52 Weeks Volatility:78.14%
High
31.28%

Returns %
1 Month Return	-1 %
3 Month Return	+ 6.3 %
1 Year Return	+ 68.35 %

Market Stats
Previous Close	₹₹432.25
Open	₹₹437.00
Volume	₹1,377.00
Upper Circuit	₹-
Lower Circuit	₹-
Market Cap	₹₹157.34Cr

Company Information

Kalyani ForgeKFL, previously known as Ellora Engineering Co. Pvt. Ltd., is an ISO 9002 certified forging industry, first of its kind in India to use press forging technology to produce precision closed die forgings with a maximum weight of 8kgs. Established in 1979, after the name changed in 1992, the company now has works in Sirur Taluka Maharashtra and provides its services to major suppliers such as Ashok Leyland Automotive Axles, Bajaj Auto, Gabriel India, TELCO etc. and also exports to US, Germany, UK, Japan, Italy, and Saudi Arabia. KFL has undertaken two projects; first one in 1995-96 with the cost of Rs.4 crore for manufacture of axle tube assemblies and machined components, the second expansion project was done in 1997-98 which costed Rs.18 crores in Koregaon Bhima. The Metal Forms Division was commercialized in 1998-99 and warm/cold forging plants were developed in later years to enable the company to produce tulips for CV Joint Assembly and other four-stroke items for 2-wheelers.

Share Price: ₹436.70 per share as on 16 May, 2024 04:01 PM
Market Capitalisation: ₹157.34Cr as of today
Listing date: 20 Dec, 2007
Chairperson Name: Rohini Gaurishankar Kalyani

Organisation	Kalyani Forge Ltd
Headquarters	Pune
Industry	Castings, Forgings & Fastners
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Key events for Kalyani Forge Ltd

Kalyani Forge's ROCE Declines, High Current Liabilities to Total Assets Ratio - 05 Apr, 2024
Kalyani Forge Ltd's return on capital employed (ROCE) has declined from 16% to 6.8% over the past five years, indicating a decline in growth phase. The company's current liabilities to total assets ratio of 42% is also considered high, which could introduce some elements of risk.
Lawsuit Filed Against Baba Kalyani Over Family Asset Partition - 27 Mar, 2024
Baba Kalyani, industrialist and founder of the Kalyani Group, faces a new lawsuit as his nephew and niece seek to claim shares in family assets, including stakes in various listed and private companies. The impact on Kalyani Forge Ltd is unclear.
Kalyani Forge Ltd's Debt and Leverage Raise Concerns - 08 Mar, 2024
Kalyani Forge Ltd has a net debt of about ₹506.0m, with weak interest cover at 2.0, suggesting high leverage. The company saw substantial negative free cash flow over the last three years, making its debt far more risky. While its EBIT growth rate is respectable, Kalyani Forge is taking some risks with its use of debt.

Fundamentals of Kalyani Forge Ltd

Insights on Kalyani Forge Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

NO EFFECT
Against Peers
In the last 1 year, NMDC Ltd has given 149.8% return, outperforming this stock by 81.5%
NO EFFECT
Retail Holding Unchanged
Retail Investor holdings remained unchanged at 41.29% of holdings in Mar 2024 quarter
NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 58.71% of holdings in Mar 2024 quarter
NO EFFECT
Against Peers
In the last 3 years, Jindal Steel & Power Ltd has given 128.1% return, outperforming this stock by 3.6%
NEGATIVE IMPACT
Price Dip
In the last 6 months, KALYANIFRG stock has moved down by -8.1%