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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.
Industrial Products
Iron & Steel Products
37 Cr
Low Risk
204.4
35.6
0.2
—
12.09
8.62
Sales CAGR
Profit CAGR
ROE
ROCE
Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.
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 ₹8.62 and a high of ₹12.09. 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 36.79. 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 204.39 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 36.79 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 its sector 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 204.39. 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.
Bearish
6
Neutral
5
Bullish
3
Bearish
6
Neutral
21
Bullish
19
Bearish
0
Neutral
16
Bullish
16
| Symbol | Watchlist | Price | Market Cap | P/E | P/B | Div Yield (%) | ROE (%) | ROCE (%) | ROA (%) |
55.50 | 41 Cr | 16.94 | 0.92 | 1.80 | 5.46 | 6.74 | 4.26 | ||
33.80 | 39 Cr | 11.30 | 0.67 | 0.00 | 5.95 | 8.83 | 3.51 | ||
12.09 | 37 Cr | 204.39 | 0.00 | 0.00 | -3.32 | 55.55 | 1.35 | ||
63.43 | 35 Cr | -73.08 | 0.94 | 0.00 | -1.31 | -0.99 | -1.19 | ||
63.90 | 35 Cr | 438.00 | 1.86 | 0.00 | 0.39 | 5.04 | 0.15 | ||
20.85 | 34 Cr | -2.95 | 0.40 | 0.00 | -13.56 | -3.61 | -4.54 | ||
48.53 | 34 Cr | 10.91 | 1.06 | 1.04 | 10.61 | 13.92 | 6.82 | ||
| Median: 7 Co. | — | 48.53 | 35 Cr | 11.30 | 0.92 | 0.00 | 0.39 | 6.74 | 1.35 |
Open Offer
D & A Financial Services (Manager) published a pre-offer advertisement for M/s SAR Televenture's open offer to acquire Grand Foundry at Rs.2.50 per share; IDC recommends the price as fair; tendering period June 9–22, 2026.
Open Offer Recommendation
Manager to the Offer filed with BSE the Committee of Independent Directors' recommendation on the open offer by M/s Sarteleventure Limited for Grand Foundry Ltd, enclosing newspaper advertisement cuttings as required under SEBI SAST Reg.26(7).
Open Offer Recommendation
Manager to the Offer filed the Committee of Independent Directors' recommendation on the open offer by M/s Sarteleventure Ltd for Grand Foundry Ltd with BSE and enclosed newspaper advertisement cuttings per Reg 26(7) SEBI SAST.
Auditor appointments
Board approved appointment of M/s Agarwal & Saxena as statutory auditors (subject to member approval) for 5 years, appointed M/s Goyal Mittal & Associates LLP as internal auditor effective June 4, 2026; 34th AGM set for June 30, 2026; e‑voting cut‑off June 23, 2026.
Board Meeting Outcome
Board approved appointment of M/s Agarwal & Saxena as statutory auditors (proposed for 5 years subject to shareholder approval), appointed M/s Goyal Mittal & Associates as internal auditor effective June 4, 2026; AGM on June 30, 2026; e-voting cut-off June 23, 2026.
