Overview
Garg Furnace Ltd is engaged in the manufacturing and dealing of iron and steel products, specifically M.S. Round, Ingot, Wire Rod. It operates manufacturing plants in Ludhiana, Punjab.
The company commenced operations with a one-tonne arc furnace but shifted to induction melting technology due to technological challenges with the arc furnace.
In 1995, Garg Furnace undertook an expansion and forward integration to enhance capacity and set up a wire rod mill, financed through tapping the capital market.
With a history of over four decades, the company has steadily increased its melting capacity over the years, indicating a focus on growth and adaptation.
Operationalizes a strategic power infrastructure project with a 66KV Sub Station Project in 2011, showcasing long-term sustainability planning.
- Sector
Steel
- Industry
Steel - Medium / Small
- Market Cap
104 Cr
- Volatility
High Risk
- P/E Ratio
7.8
- Industry P/E
23.7
- PEG Ratio
1.2
- P/B Ratio
1.1
- 52W High
265.80
- 52W Low
120.10
Financial Ratios
Sales CAGR
- 1Y
- 1.39%
- 3Y
- 13.57%
- 5Y
- 21.57%
- 10Y
- 11.61%
Profit CAGR
- 1Y
- 37.41%
- 3Y
- 6.49%
- 5Y
- 16.34%
- 10Y
- —
ROE
- TTM
- 10.07%
- 3Y
- 14.53%
- 5Y
- 13.40%
- 10Y
- 1.24%
ROCE
- TTM
- 10.03%
- 3Y
- 14.08%
- 5Y
- 12.24%
- 10Y
- 5.01%
Technicals
Oscillators
Neutral
Bearish
2
Neutral
6
Bullish
6
Overall
Bullish
Bearish
15
Neutral
6
Bullish
25
Moving Averages
Bullish
Bearish
13
Neutral
0
Bullish
19
Actions
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