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Grand Foundry Ltd (GFSTEELS) is currently trading at N/A per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
Grand Foundry Ltd is India's leading manufacturer and processor of Bright Steel bars and wires, serving a wide range of engineering industries internationally. It enjoys a robust reputation in stainless steel processing, equipped with one of the most advanced facilities in India for processing technologies. The company has been recognized consistently by the Engineering Export Promotion Council of India for its excellence in exports over several years. GFL has completed a major backward integration project, enhancing its capabilities with wire rod and bar mills and steel-making facilities. The company's strategic expansion into various international markets is evident through its widespread customer base in countries like the US, Japan, and Canada.
Over the past 52 weeks, Grand Foundry Ltd has traded between a low of ₹NaN and a high of ₹NaN. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Grand Foundry Ltd has a market capitalization of approximately 35.85. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Grand Foundry Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of -40.62 and operates in the Steel sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 35.85 Cr, Grand Foundry Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Grand Foundry Ltd operates in the Steel sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Grand Foundry Ltd is -40.62. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
Sar Televenture Limited is acquiring a 70.17% controlling stake in Grand Foundry Limited from its current promoters, Mr. Gaurav Goyal and Mr. Rakesh Kumar Bansal.
Open Offer
On 3 Mar 2026 SAR Televenture Ltd signed an SPA to acquire 2,13,51,740 shares (70.17%) of Grand Foundry Ltd and launched an open offer to buy up to 79,11,800 shares (26%) at Rs.2.50/share, cash, via D & A Financial Services.
Change in Control
Grand Foundry informed exchanges that on 03-Mar-2026 it signed an SPA with Sar Televenture to acquire up to 2,13,51,740 equity shares (70.17%) at Rs.1.50/share (₹3,20,27,610), resulting in change of management and board.
Bearish
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Neutral
14
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Neutral
46
Bullish
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Bearish
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Neutral
32
Bullish
0
| Symbol | Price | Market Cap | P/E | P/B | Div Yield (%) | ROE (%) | ROCE (%) | ROA (%) |
56.55 | 41 Cr | 11.54 | 0.97 | 1.77 | 4.94 | 11.85 | 6.51 | |
24.69 | 40 Cr | 11.27 | 0.41 | 0.00 | 3.83 | 5.70 | 1.81 | |
16.55 | 38 Cr | -5.32 | 0.19 | 0.00 | -14.15 | -3.27 | -4.51 | |
23.33 | 38 Cr | -0.44 | 0.16 | 0.00 | -36.46 | -0.29 | -10.57 | |
23.90 | 37 Cr | 0.36 | 0.64 | 0.00 | 47.61 | 68.47 | 0.00 | |
11.78 | 36 Cr | -40.62 | 0.00 | 0.00 | 12.75 | 702.05 | -1740.00 | |
23.50 | 31 Cr | 20.61 | 0.71 | 0.00 | 1.19 | 2.38 | 1.06 |
Grand Foundry Ltd is India's leading manufacturer and processor of Bright Steel bars and wires, serving a wide range of engineering industries internationally.
It enjoys a robust reputation in stainless steel processing, equipped with one of the most advanced facilities in India for processing technologies.
The company has been recognized consistently by the Engineering Export Promotion Council of India for its excellence in exports over several years.
GFL has completed a major backward integration project, enhancing its capabilities with wire rod and bar mills and steel-making facilities.
The company's strategic expansion into various international markets is evident through its widespread customer base in countries like the US, Japan, and Canada.
Steel
Steel - Medium / Small
36 Cr
Low Risk
-40.6
24.2
—
—
11.78
7.82
Sales CAGR
Profit CAGR
ROE
ROCE
