Grand Foundry

Why is Grand Foundry Ltd falling/rising?

As of 19-Jun, Grand Foundry Ltd's stock price is stable at Rs. 12.09, with a year-to-date increase of 21.26% and a new 52-week high. The stock shows strong bullish indicators, although it has experienced some erratic trading.

As of 19-Jun, Grand Foundry Ltd's stock price is currently stable at Rs. 12.09, showing no change (0.00%). Despite this stability, the stock has demonstrated a strong upward trend over various periods. Over the past month, the stock has increased by 4.95%, and year-to-date, it has risen by an impressive 21.26%. Additionally, the stock has achieved a new 52-week high of Rs. 12.09 today, indicating positive momentum.<BR><BR>The stock's performance has outpaced the sector by 1.22% today, and it is trading above all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), which is a bullish indicator. Furthermore, there has been a significant increase in investor participation, with delivery volume rising by 4142.62% compared to the 5-day average, suggesting heightened interest and confidence among investors.<BR><BR>However, it is important to note that the stock has experienced erratic trading, not trading on 4 out of the last 20 days, which could contribute to some volatility. Despite this, the overall trends and indicators suggest that Grand Foundry Ltd is experiencing a rising trajectory in its stock price performance.

Which are the latest news on Grand Foundry?

What does Grand Foundry do?

Grand Foundry Ltd manufactures Bright Steel bars and Wires, classified as a Micro Cap company in the Iron & Steel Products industry. As of March 2026, it reported net sales of 11 Cr and a net profit of 1 Cr, with a market cap of INR 41 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>Incorporated in August 1974, Grand Foundry was acquired by the Janglas in 1978. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 11 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 1 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: 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 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). They oversee operations and ensure regulatory compliance.

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>This team is responsible for overseeing the company's operations and ensuring compliance with regulatory requirements.

Who are the peers of the Grand Foundry?

Peers of the Grand Foundry include Nova Iron & Steel, Metal Coatings, Natl. Gen. Inds., Aryavan Enterpri, Rathi Bars, Ashirwad Steels, and Kalana Ispat. Aryavan Enterpri shows excellent growth and the highest 1-year return at 16.28%, while Rathi Bars has the lowest return at -38.59%, with Grand Foundry achieving a 1-year return of 40.26%.

Peers: The peers of the Grand Foundry are Nova Iron &Steel, Metal Coatings, Natl. Gen. Inds., Aryavan Enterpri, Rathi Bars, Ashirwad Steels, and Kalana Ispat.<BR><BR>Quality Snapshot: Excellent growth is observed at Aryavan Enterpri, while Average management risk is found at Ashirwad Steels and the rest. Below Average management risk is noted for Metal Coatings, Natl. Gen. Inds., Rathi Bars, and Kalana Ispat. Below Average growth is seen in Metal Coatings, Natl. Gen. Inds., Rathi Bars, and Ashirwad Steels, while Average capital structure is present at Kalana Ispat, and the rest have Below Average capital structure.<BR><BR>Return Snapshot: Aryavan Enterpri has the highest 1-year return at 16.28%, while Rathi Bars has the lowest at -38.59%. Grand Foundry's 1-year return of 40.26% significantly exceeds both. Additionally, Metal Coatings, Rathi Bars, and Ashirwad Steels have negative six-month returns.

When is the next results date for Grand Foundry Ltd?

The next results date for Grand Foundry Ltd is 07 May 2026.

The next results date for Grand Foundry Ltd is scheduled for 07 May 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.

How big is Grand Foundry?

As of 21st July, Grand Foundry Ltd has a market capitalization of 30.00 Cr, classified as a Micro Cap, with recent net sales of 0.02 Cr and a net loss of 0.68 Cr over the last four quarters. Data on shareholder's funds and total assets is unavailable.

As of 21st July, <BR><BR>Market Cap: Grand Foundry Ltd has a market capitalization of 30.00 Cr, categorized as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 0.02 Cr, while the sum of Net Profit for the same period shows a loss of 0.68 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.

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