Home / Share Price Target / Gangaforge
Ganga Forging Share Price Target 2024, 2025, 2026 to 2039 With Charts
Ganga Forging Limited | |||
 | Symbol: GANGAFORGE | ||
| Price: ₹7.19 | |||
| Exchange: NSE | |||
| Industrials -> Metal Fabrication | |||
Show Table of Contents
Table of Contents
- 1: Ganga Forging Brief Company Overview
- 1.1: Overview of Ganga Forging Limited
- 1.2: Ganga Forging Financial Performance
- 1.2.1: Is Ganga Forging A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Ganga Forging Share Price Target For 2024
- 2.1.1: Ganga Forging Share Price Target Table For 2024
- 2.1.2: Summary: Ganga Forging Share Price Prediction For 2024
- 2.2: Ganga Forging Share Price Target For 2025
- 2.2.1: Ganga Forging Share Price Target Table For 2025
- 2.2.2: Summary: Ganga Forging Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Ganga Forging Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Ganga Forging Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Ganga Forging Past Performance
Ganga Forging Brief Company Overview
Overview of Ganga Forging Limited
Established in 1988, Ganga Forging Limited is a renowned Indian manufacturer specializing in steel forging parts and machine components.
The company's diverse product portfolio includes:
- Forged crankshafts
- Connecting rods
- Forged yokes
- Trunnion shafts
- Forged flanges and clamps
- Socket clevises
- Anchor shackles
Ganga Forging caters to a wide range of industries, including construction, railway, mechanical, oil refinery, mining, and more.
The company has a strong reputation for quality, innovation, and customer satisfaction.
Their unwavering commitment to delivering exceptional products has made Ganga Forging a trusted partner in the industry.
Ganga Forging Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 110.67 Crore | Market valuation of Ganga Forging's shares. |
| Revenue (TTM) | 38.8 Crore | Total revenue generated by Ganga Forging over the past twelve months. |
| Net Income (TTM) | +67.22 Lakh | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 2.75% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 1.73% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +34.3% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +25.4% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 28.57 | Company's total debt divided by total shareholder equity. |
| Total Debt | 9.17 Crore | Sum of Ganga Forging's current & long-term financial obligations. |
| Total Cash | 29.63 Lakh | Total amount of liquid funds available to Ganga Forging. |
| Beta | 0.45 | Beta is less than 1 indicating that the Ganga Forging's price is less volatile than the market. |
Is Ganga Forging A Good Buy For Long Term?
Ganga Forging, a small-cap stock with a market capitalization of ₹93.14 crore, presents a mixed outlook for long-term investment. While its 3-year and 5-year returns are impressive (200.43% and 254.35% respectively), recent performance shows a decline (-14.17% over 6 months). The low profit margin of 1.73% and substantial debt (₹9.17 crore) against meager cash reserves (₹29.63 lakh) raise concerns. Though Q1 2024-25 revenue grew by 34.3%, this needs to be viewed against the backdrop of its small size and low profitability. Therefore, it's currently an average buy, requiring further due diligence before a strong recommendation.
To predict the Ganga Forging's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Ganga Forging Share Price Target For 2024
The line chart displays the monthly closing prices of Ganga Forging with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Ganga Forging shares in 2024, see the table below.
Ganga Forging Share Price Target Table For 2024
| Ganga Forging's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 7.44 (+3.47%) | Custom Fibonacci Extension Lvl 64.9% |
| 2024 Target 2 | 7.33 (+1.94%) | Price Action: Jun 2021 Low |
| 2024 Target 1 | 7.25 (+0.83%) | Price Action: Nov 2023 High |
| Current Price | 7.19 | Ganga Forging's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 7.15 (-0.56%) | Price Action: Aug 2022 High |
| Stop Loss 2 | 7.07 (-1.67%) | Fibonacci Retracement Extended 28.2% |
| Stop Loss 3 | 6.95 (-3.34%) | Fibonacci Retracement Extended 61.8% |
Summary: Ganga Forging Share Price Prediction For 2024
In summary, Ganga Forging has surged by ₹0.84, achieving a notable +13.23% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Ganga Forging for 2024 predicts an additional rise of 0.83% to 3.47% by the end of 2024 with three potential targets T1: 7.25, T2: 7.33, T3: 7.44. Stop Loss at SL1: 7.15, SL2: 7.07, SL3: 6.95.
Ganga Forging has a 52-week high of ₹17.50, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹5.90, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for Ganga Forging.
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
Ganga Forging Share Price Target For 2025
The line chart displays the monthly closing prices of Ganga Forging with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Ganga Forging shares in 2025, see the table below.
Ganga Forging Share Price Target Table For 2025
| Ganga Forging's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 15.15 (+110.7%) | Price Action: Chart |
| 2025 Target 2 | 14.87 (+106.81%) | Price Action: Chart |
| 2025 Target 1 | 14.72 (+104.72%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 7.19 | Ganga Forging's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 5.36 (-25.46%) | Price Action: Chart |
| Stop Loss 2 | 5.31 (-26.15%) | Price Action: Chart |
| Stop Loss 3 | 5.21 (-27.54%) | Price Action: Chart |
Summary: Ganga Forging Share Price Prediction For 2025
In summary, Ganga Forging has surged by ₹0.84, achieving a notable +13.23% increase from 1st January 2024 to 21 Nov 2024. Our analysis of Ganga Forging for 2025 predicts an additional rise of 104.72% to 110.7% by the end of 2025 with three potential targets T1: 14.72, T2: 14.87, T3: 15.15. Stop Loss at SL1: 5.36, SL2: 5.31, SL3: 5.21.
Ganga Forging has a All-Time high of ₹25.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹5.90, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Ganga Forging, we have created a specific page for that check here: Ganga Forging Share Price Target For Tomorrow & Next Week
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
Approach 2: Machine Learning By Studying Historical Prices
Ganga Forging Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Ganga Forging share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 1.71% over the next 15 years.
For complete year by year Ganga Forging long term share price target from 2024, 2025 to 2039 check the below table.
Ganga Forging Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Ganga Forging Target | YoY Change % |
|---|---|---|
| 2024 | ₹7.19 | [Current Price] |
| 2024 | ₹7.19 | 0% |
| 2025 | ₹6.05 | -15.86% |
| 2026 | ₹5.52 | -8.77% |
| 2027 | ₹4.48 | -18.85% |
| 2028 | ₹7.56 | 68.74% |
| 2029 | ₹6.79 | -10.19% |
| 2030 | ₹6.25 | -7.96% |
| 2031 | ₹6.32 | 1.12% |
| 2032 | ₹5.81 | -8.07% |
| 2033 | ₹6.47 | 11.35% |
| 2034 | ₹5.78 | -10.67% |
| 2035 | ₹5.29 | -8.48% |
| 2036 | ₹9.02 | 70.51% |
| 2037 | ₹8.64 | -4.22% |
| 2038 | ₹10.03 | 16.2% |
| 2039 | ₹9.11 | -9.17% |
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
Ganga Forging Past Performance
- In 2018, Ganga Forging opening price was ₹1.65
- As of Thu 21 Nov 2024 the price stands at ₹7.19.
- This represents a Compound Annual Growth Rate (CAGR) of 23.4%.
- In 6 years, an investment of 10,000 would have become ₹43,575.75.
As we wrap up, we hope you like our study on Ganga Forging share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
