Intraday Price Movement and Market Context
On 1 Feb 2026, Ganges Securities Ltd opened with a gap down of 6.4%, setting the tone for a volatile trading session. Despite touching an intraday high of Rs.121.1, the stock ultimately settled near its low at Rs.109.6, representing a 3.42% gain from the low but still below key moving averages. The stock currently trades beneath its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, signalling sustained downward momentum.
In contrast, the Sensex opened 119.19 points higher and was trading at 82,535.72, up 0.32%, supported by gains in mega-cap stocks. The Sensex remains 4.39% below its 52-week high of 86,159.02, with its 50-day moving average positioned above the 200-day moving average, indicating a generally positive market trend. This divergence highlights the underperformance of Ganges Securities relative to the broader market.
Long-Term Price and Performance Analysis
Over the past year, Ganges Securities Ltd has delivered a negative return of 28.64%, a stark contrast to the Sensex’s positive 7.52% gain during the same period. The stock’s 52-week high was Rs.190, underscoring the extent of the decline to the current low of Rs.109.6. This downward trajectory has been consistent, with the stock also underperforming the BSE500 index over one, three months, and three years.
Only 1% make it here. This Large Cap from the Gems, Jewellery And Watches sector passed our rigorous filters with flying colors. Be among the first few to spot this gem!
- - Highest rated stock selection
- - Multi-parameter screening cleared
- - Large Cap quality pick
Financial Metrics and Valuation Concerns
Ganges Securities Ltd’s financial profile reveals several areas of concern. The company’s average Return on Equity (ROE) stands at a modest 1.01%, reflecting limited profitability relative to shareholder equity. The latest half-year results show a further decline in ROE to 0.2, accompanied by a Price to Book Value ratio of 0.2, indicating a valuation premium relative to its peers despite weak returns.
Operating profit has contracted at an annualised rate of 30.66%, signalling a sustained reduction in core earnings capacity. The company reported a Profit After Tax (PAT) of Rs.3.94 crores over the latest six months, representing a decline of 53.35% compared to prior periods. Similarly, Profit Before Tax excluding other income (PBT less OI) fell by 45.65% to Rs.4.75 crores.
Cash and cash equivalents have also diminished, with the latest half-year figure at Rs.12.38 crores, the lowest level recorded in recent periods. This reduction in liquidity may constrain the company’s financial flexibility going forward.
Sector and Shareholding Structure
Operating within the FMCG sector, Ganges Securities Ltd faces competitive pressures and market dynamics that have contributed to its subdued performance. The majority shareholding remains with promoters, maintaining concentrated ownership control.
Holding Ganges Securities Ltd from FMCG? See if there's a smarter choice! SwitchER compares it with peers and suggests superior options across market caps and sectors!
- - Peer comparison ready
- - Superior options identified
- - Cross market-cap analysis
Mojo Score and Analyst Ratings
The company’s Mojo Score currently stands at 7.0, with a Mojo Grade of Strong Sell as of 25 Aug 2025, an upgrade from the previous Sell rating. This reflects a deteriorated outlook based on comprehensive analysis of financial health, valuation, and performance trends. The Market Capitalisation Grade is rated 4, indicating a mid-tier market cap relative to other listed entities.
Despite the recent intraday outperformance relative to the sector by 3.97%, the overall trend remains negative, with the stock trading well below all key moving averages and continuing to test new lows.
Summary of Key Performance Indicators
To summarise, Ganges Securities Ltd’s key metrics highlight a challenging environment:
- 52-week low price: Rs.109.6
- 52-week high price: Rs.190
- One-year stock return: -28.64%
- Sensex one-year return: +7.52%
- Average ROE: 1.01%
- Operating profit annual growth rate: -30.66%
- PAT decline over six months: -53.35%
- PBT less other income decline: -45.65%
- Cash and cash equivalents (half-year): Rs.12.38 crores
- Mojo Grade: Strong Sell (upgraded from Sell)
The stock’s valuation remains elevated relative to its fundamental performance, with a Price to Book Value ratio of 0.2 despite weak profitability and declining earnings. This disconnect underscores the cautious stance reflected in the Mojo Grade and market sentiment.
Market Position and Comparative Performance
While the broader FMCG sector and mega-cap stocks have shown resilience, Ganges Securities Ltd’s share price trajectory diverges markedly. The stock’s underperformance relative to the Sensex and BSE500 indices over multiple time horizons highlights persistent challenges in both long-term and near-term performance metrics.
Trading below all major moving averages further emphasises the prevailing downward pressure on the stock price. The intraday volatility observed today, with a wide range between Rs.109.6 and Rs.121.1, reflects investor uncertainty amid these conditions.
Conclusion
Ganges Securities Ltd’s fall to a new 52-week low of Rs.109.6 marks a continuation of a multi-period decline characterised by weakening profitability, subdued returns, and valuation concerns. Despite a brief intraday recovery, the stock remains under pressure, trading below all key moving averages and lagging sector and market benchmarks. The company’s financial indicators, including ROE, operating profit growth, and cash reserves, point to ongoing challenges that have influenced its current market valuation and rating.
Upgrade at special rates, valid only for the next few days. Claim Your Special Rate →
