Grand Foundry

Why is Grand Foundry Ltd falling/rising?

As of 24-Aug, the stock price of Grand Foundry Ltd is stable at 13.32, but it has significantly underperformed, down 100.64% compared to its sector, and is trading below its moving averages, indicating a bearish trend and weak investor participation.

As of 24-Aug, the stock price of Grand Foundry Ltd is currently stable at 13.32, showing no change (0.00%). However, the stock has underperformed significantly today, with a performance that is down by 100.64% compared to its sector. Additionally, the stock has not traded on 5 out of the last 20 days, indicating erratic trading patterns. <BR><BR>The stock is also trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically suggests a bearish trend. Furthermore, there has been a notable decline in investor participation, with delivery volume on 17 August dropping by 92.97% compared to the 5-day average. <BR><BR>Overall, these factors contribute to a perception of weakness in Grand Foundry Ltd's stock, leading to a lack of upward movement in its price.

Which are the latest news on Grand Foundry?

Who are in the management team of Grand Foundry?

The management team of Grand Foundry includes Minal Jangla (CEO), Ketan Shah and Taroon Vaswani (Non-Executive Directors), Archana Dakhale (Director), Shivani Jain (CFO), and Nalini Singh (Company Secretary).

The management team of Grand Foundry includes the following individuals:<BR><BR>1. Minal Jangla - Director & Chief Executive Officer<BR>2. Ketan Shah - Non-Executive & Independent Director<BR>3. Taroon Vaswani - Non-Executive & Independent Director<BR>4. Archana Dakhale - Director<BR>5. Shivani Jain - Additional Director & Chief Financial Officer<BR>6. Nalini Singh - Company Secretary & Compliance Officer<BR><BR>If you have any more questions about Grand Foundry or its management, feel free to ask!

What does Grand Foundry do?

Grand Foundry Ltd manufactures Bright Steel bars and Wires and is classified as a Micro Cap company. As of June 2026, it reported net sales of 20 Cr and a net profit of 2 Cr.

Overview: <BR>Grand Foundry Ltd is engaged in the manufacturing of Bright Steel bars and Wires, operating within the Iron & Steel Products industry and classified as a Micro Cap company.<BR><BR>History: <BR>Grand Foundry Ltd was incorporated in August 1974 and was acquired by the Janglas in 1978. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 20 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 2 Cr (Quarterly Results - Jun 2026) <BR>Market-cap: INR 41 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: N/A <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.00 <BR>Return on Equity: 0.00% <BR>Price to Book: 0.00<BR><BR>Contact Details: <BR>Address: 327 Arun Chambers, 3rd Floor Tardeo Mumbai Maharashtra : 400034 <BR>Tel: 91-022-23526316 <BR>Email: compliance@gfsteel.co.in <BR>Website: http://www.gfsteel.co.in

Who are the peers of the Grand Foundry?

The peers of Grand Foundry include Rajas. Tube Mfg, Nova Iron & Steel, Dhatre Udyog, Metal Coatings, Rathi Bars, Newmalayalam St., Swastik Pipe, and Abha Power, with varying management risks and capital structures. Newmalayalam St. has the highest 1-year return at 0.00%, while Rajas. Tube Mfg has the lowest at -76.87%.

Peers: The peers of the Grand Foundry are Rajas. Tube Mfg, Nova Iron &Steel, Dhatre Udyog, Metal Coatings, Rathi Bars, Newmalayalam St., Swastik Pipe, and Abha Power.<BR><BR>Quality Snapshot: Average management risk is observed at Rajas. Tube Mfg and Abha Power, while Below Average management risk is found at Dhatre Udyog, Rathi Bars, Newmalayalam St., Swastik Pipe, and the rest. Nova Iron &Steel does not qualify for management risk. Growth is Below Average for Rajas. Tube Mfg, Dhatre Udyog, Rathi Bars, and Swastik Pipe, while Nova Iron &Steel does not qualify. Metal Coatings and Newmalayalam St. have a Good capital structure, while Rajas. Tube Mfg, Dhatre Udyog, Rathi Bars, Swastik Pipe, and Abha Power have a Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Newmalayalam St. at 0.00%, while Rajas. Tube Mfg has the lowest at -76.87%. Grand Foundry's 1-year return is not available for comparison. Additionally, peers such as Rajas. Tube Mfg, Dhatre Udyog, Metal Coatings, Rathi Bars, and Abha Power have negative six-month returns.

How big is Grand Foundry?

Summary could not be generated.

As of 13th August, <BR><BR>Market Cap: Grand Foundry Ltd has a market capitalization of 41.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 30.18 Cr, while the sum of Net Profit for the same period is 2.44 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is the latest annual period, but data for Shareholder's Funds and Total Assets is unavailable.

When is the next results date for Grand Foundry Ltd?

The next results date for Grand Foundry Ltd is 20 July 2026.

The next results date for Grand Foundry Ltd is scheduled for 20 July 2026.

How has been the historical performance of Grand Foundry?

Grand Foundry has experienced a significant decline in financial performance, with net sales dropping from 25.57 Cr in March 2019 to 0.00 Cr by March 2025, and consistently negative operating profit margins. The company has faced ongoing losses in profit before tax and earnings per share, indicating substantial operational challenges.

Answer:<BR>The historical performance of Grand Foundry shows a significant decline in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Grand Foundry's net sales have drastically decreased from 25.57 Cr in March 2019 to 0.00 Cr in March 2025, with a slight recovery to 0.10 Cr in March 2023. Total operating income followed a similar trend, peaking at 25.57 Cr in March 2019 and dropping to 0.00 Cr by March 2025. The company's total expenditure, excluding depreciation, also fell from 26.63 Cr in March 2019 to 0.31 Cr in March 2025, indicating a reduction in operational costs. However, operating profit margins have remained negative, with the worst performance recorded at -940.0% in March 2023. Profit before tax and profit after tax have consistently shown losses, with the most recent figures being -0.68 Cr for both in March 2025. The earnings per share have also declined, reaching -0.22 in March 2025, compared to -2.24 in March 2019. Overall, Grand Foundry has faced substantial challenges, leading to a continuous decline in financial performance over the years.

Who are the top shareholders of the Grand Foundry?

The top shareholder of Grand Foundry is Madhu Garg, who holds 70.16% of the shares, with individual investors owning 27.03%. There are no pledged promoter holdings, significant public shareholders, or foreign institutional investors involved.

The top shareholders of Grand Foundry are primarily the promoters, with Madhu Garg holding the largest share at 70.16%. There are no pledged promoter holdings, and individual investors collectively hold 27.03% of the shares. Additionally, there are two mutual fund schemes that hold a very small percentage (0.01%), but no foreign institutional investors (FIIs) are involved. There are no significant public shareholders listed.

What is the technical trend for Grand Foundry?

As of June 3, 2025, Grand Foundry's technical trend is mildly bearish, with bearish signals from the weekly MACD and RSI, daily moving averages, and Bollinger Bands, despite a slight improvement in the monthly MACD.

As of 3 June 2025, the technical trend for Grand Foundry has changed from bearish to mildly bearish. The weekly MACD and RSI are both bearish, indicating a negative momentum in the short term. The monthly MACD is mildly bearish, suggesting a slight improvement over a longer time frame, but the overall sentiment remains weak. Bollinger Bands are also signaling mildly bearish conditions on both weekly and monthly charts. Daily moving averages confirm a bearish stance, while the KST reflects a bearish trend on the weekly and mildly bearish on the monthly. Dow Theory shows no trend in both weekly and monthly perspectives, and the OBV indicates no trend as well. Overall, the current technical stance is mildly bearish, driven primarily by the bearish indicators in the weekly MACD and RSI, alongside the daily moving averages.

Has Grand Foundry declared dividend?

No Dividend History Available