Ganga Forging Ltd share Price Today

Ganga Forging Limited was originally incorporated as "Ganga Forgoing Private Limited" at Ahmedabad, as a private limited company vide Certificate of Incorporation dated December 29, 1988. Subsequently, the Company was converted into a public limited company and the name of the Company was changed to "Ganga Forging Limited" on October 30, 2017 vide Fresh Certificate of Incorporation issued by the Registrar of Companies, Ahmedabad. The Company was started by Mr. Hiralal Tilva and Late Mr. Chhaganlal Patel. Later on, Mr. Rakesh Chhaganlal Patel joined the board of the Company and under their guidance the company has expanded its sales and operations. The Company doesn`t markets these products in own brand name. Further, The Company sells these product as a semi-finished product to the supplier who further grinds the product. The Company is manufacturer in forging industry and is engaged in manufacturing of closed die forged products catering to both automotive and non-automotive segment. Automotive segment include manufacturing of products catering to commercial vehicle, passenger car, three wheeler, two wheeler and tractor. Non-automotive segment include electric power transmission, dairy equipment manufacturing, agricultural, gear and gear box, crank shafts, connecting road, heavy engineering industrial, hubs and flanges. The Company also complies with Quality Assurance System like ISO and strives to deliver quality products to the customers. The Company is ISO 9001:2008 certified. The Company is dedicated towards supply of quality products by controlling the procurement of its raw material, monitoring the process parameters and maintaining appropriate measures to comply with applicable statutory and regulatory requirements of products. The Company is equipped with in-house testing laboratory for checking of raw materials, working in process materials and finished products. The finished products are checked in laboratory to ensure that the same is of relevant standards and design as specified by the customer. In July, 2018 the Company came up with a Public Issue of 23,82,000 Equity Shares by raising equity capital aggregating Rs 5.0022 Crore.

Ganga Forging share price as on 17 Aug 2024 is Rs. 6.95. Over the past 6 months, the Ganga Forging share price has decreased by 54.58% and in the last one year, it has increased by 8.59%. The 52-week low for Ganga Forging share price was Rs. 5.8 and 52-week high was Rs. 17.5.