Garg Furnace Ltd () News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

{ "main_header": { "sid": 177066, "name": "Garg Furnace", "stock_name": "Garg Furnace", "full_name": "Garg Furnace Ltd", "name_url": "stocks-analysis/garg-furnace", "exchange": 0, "exchangecode": "", "primexch": 0, "country_id": 34, "currency": "INR", "cmp": "207.65", "chg": 9.85, "chgp": "4.98%", "dir": 1, "prev_price": "197.80", "mcapval": "141.00 Cr", "mcap": "Micro Cap", "scripcode": 530615, "symbol": "", "ind_name": "Iron & Steel Products", "ind_code": 23, "sector_id": 44, "indexname": "India SENSEX", "isin": "INE194E01015", "curr_date": "Sep 23, 01:10 PM", "curr_time": "13:12 PM", "last_traded_at": "Sep 23, 01:10 PM IST", "bse_nse_vol": "4.62 k", "exc_status": "Active", "traded_date": "Sep 23, 2026", "traded_date_str": "2026 09 23", "score": "", "scoreText": "", "Live": 1, "market_time": 1, "is_blur": 1, "is_blur_class": "blur-registerF-score-header", "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/garg-furnace-177066-0&utm_source=Spage_Header_Score", "mojoone": { "ismore": 0 } }, "news": { "results": [ { "title": "Broad-Based Technical Strength Lifts Garg Furnace Ltd to 52-Week High of Rs 207.65", "link": "https://www.marketsmojo.com/news/stocks-in-action/garg-furnace-ltd-hits-new-52-week-high-at-rs20765-4202011", "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/GargFurnaceLtd_priceRelatedfactors_4202011.png", "date": "2026-09-23 09:46:41", "description": "With a decisive surge to Rs 207.65 on 23 Sep 2026, Garg Furnace Ltd has reached a fresh 52-week high, marking a significant milestone in its price momentum. This rally comes amid a backdrop of strong technical signals and sustained upward movement across multiple timeframes." }, { "title": "Garg Furnace Ltd Gains 10.93%: Key Technical and Valuation Shifts Drive Momentum", "link": "https://www.marketsmojo.com/news/stocks-in-action/garg-furnace-ltd-gains-1093-key-technical-and-valuation-shifts-drive-momentum-4198881", "imagepath": "", "date": "2026-09-20 14:00:37", "description": " <div class=\"article-news-new\">\n <div class=\"article-container\">\n\n<div class=\"article-content\">\n <div class=\"highlight-box\">\n <h3>Key Events This Week</h3>\n <p><strong>15 Sep:</strong> Garg Furnace Ltd surged to a new 52-week high of Rs.205</p>\n <p><strong>11 Sep (preceding week):</strong> Rating upgraded to Sell on technical and valuation improvements</p>\n <p><strong>18 Sep:</strong> Week closes at Rs.191.35, down 4.66% on the day but up 10.93% for the week</p>\n </div>\n\n <div class=\"stats-row\">\n <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.172.50</div></div>\n <div class=\"stat-item\"><div class=\"stat-label\">Week Close</div><div class=\"stat-value\">Rs.191.35</div><div class=\"stat-change positive\">+10...." }, { "title": "Broad-Based Technical Strength Lifts Garg Furnace Ltd to 52-Week High of Rs 205", "link": "https://www.marketsmojo.com/news/stocks-in-action/garg-furnace-ltd-hits-new-52-week-high-of-rs205-on-15-sep-2026-4193499", "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/GargFurnaceLtd_priceRelatedfactors_4193499.png", "date": "2026-09-15 10:35:11", "description": "Surging to a fresh 52-week high of Rs 205 on 15 Jun 2026, Garg Furnace Ltd has demonstrated remarkable price momentum, outpacing its sector and the broader market despite a challenging environment for the Sensex. This milestone caps a rally that has seen the stock appreciate 16.93% over the past year, contrasting with the Sensex’s decline of 8.63% during the same period." }, { "title": "Garg Furnace Ltd Upgraded to Sell on Technical and Valuation Improvements", "link": "https://www.marketsmojo.com/news/stock-recommendation/garg-furnace-ltd-upgraded-to-sell-on-technical-and-valuation-improvements-4192267", "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/GargFurnaceLtd_mojoScore_4192267.png", "date": "2026-09-14 08:04:43", "description": "Garg Furnace Ltd, a micro-cap player in the Iron & Steel Products sector, has seen its investment rating upgraded from Strong Sell to Sell as of 11 September 2026. This change reflects notable improvements in the company’s technical indicators and valuation metrics, despite ongoing challenges in its financial trend. The stock has rallied sharply in recent sessions, outperforming the Sensex and signalling renewed investor interest." }, { "title": "Garg Furnace Ltd Valuation Shifts Signal Renewed Price Attractiveness Amid Mixed Returns", "link": "https://www.marketsmojo.com/news/stocks-in-action/garg-furnace-ltd-valuation-shifts-signal-renewed-price-attractiveness-amid-mixed-returns-4189660", "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/GargFurnaceLtd_valuationdot_4189660.png", "date": "2026-09-11 08:00:08", "description": "Garg Furnace Ltd, a micro-cap player in the Iron & Steel Products sector, has seen its valuation parameters improve notably, shifting from fair to attractive levels. Despite a recent downgrade to a Strong Sell rating by MarketsMOJO, the company’s price-to-earnings (P/E) and price-to-book value (P/BV) ratios now present a more compelling entry point compared to its historical averages and peer group, even as its stock price faces downward pressure in a volatile market environment." }, { "title": "Garg Furnace Ltd Downgraded to Strong Sell Amid Mixed Technicals and Fair Valuation", "link": "https://www.marketsmojo.com/news/stock-recommendation/garg-furnace-ltd-downgraded-to-strong-sell-amid-mixed-technicals-and-fair-valuation-4177049", "imagepath": "https://i.marketsmojo.com/newsimg/2026/9/GargFurnaceLtd_mojoScore_4177049.png", "date": "2026-09-01 08:13:17", "description": "Garg Furnace Ltd, a micro-cap player in the Iron & Steel Products sector, has seen its investment rating downgraded from Sell to Strong Sell as of 31 August 2026. This revision reflects a combination of deteriorating technical indicators, a shift in valuation from attractive to fair, and weakening financial trends despite some positive long-term returns. The company’s current Mojo Score stands at 17.0, underscoring the cautious stance investors should adopt." }, { "title": "Garg Furnace Ltd Surges 29.12%: Key Valuation and Technical Shifts Drive Rally", "link": "https://www.marketsmojo.com/news/stocks-in-action/garg-furnace-ltd-surges-2912-key-valuation-and-technical-shifts-drive-rally-4175104", "imagepath": "", "date": "2026-08-30 15:00:07", "description": " <div class=\"article-news-new\">\n <div class=\"article-container\">\n\n<div class=\"article-content\">\n <div class=\"highlight-box\">\n <h3>Key Events This Week</h3>\n <p><strong>24 Aug:</strong> Valuation upgrade signals renewed price attractiveness</p>\n <p><strong>27 Aug:</strong> Technical upgrade to Sell rating amid strong price rally</p>\n <p><strong>28 Aug:</strong> Garg Furnace Ltd hits new 52-week high at Rs.198</p>\n <p><strong>28 Aug:</strong> Week closes at Rs.175.60 (+29.12%) outperforming Sensex</p>\n </div>\n\n <div class=\"stats-row\">\n <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.136.00</div></div>\n <div class=\"stat-item\"><div class=\"stat-label\">Week Close</div><div class=\"stat-val..." }, { "title": "Broad-Based Technical Strength Lifts Garg Furnace Ltd to 52-Week High of Rs 198", "link": "https://www.marketsmojo.com/news/stocks-in-action/garg-furnace-ltd-hits-new-52-week-high-at-rs198-4173008", "imagepath": "https://i.marketsmojo.com/newsimg/2026/8/GargFurnaceLtd_priceRelatedfactors_4173008.png", "date": "2026-08-28 09:40:43", "description": "Surging to an intraday high of Rs 198 on 28 Aug 2026, Garg Furnace Ltd has marked a significant milestone by reaching its 52-week peak. This breakout comes amid a sustained seven-day rally that has propelled the stock up by 49.09%, underscoring robust price momentum and a confluence of bullish technical indicators." }, { "title": "Garg Furnace Ltd Upgraded to Sell on Technical and Valuation Improvements", "link": "https://www.marketsmojo.com/news/stock-recommendation/garg-furnace-ltd-upgraded-to-sell-on-technical-and-valuation-improvements-4172840", "imagepath": "https://i.marketsmojo.com/newsimg/2026/8/GargFurnaceLtd_mojoScore_4172840.png", "date": "2026-08-28 08:05:55", "description": "Garg Furnace Ltd, a micro-cap player in the Iron & Steel Products sector, has seen its investment rating upgraded from Strong Sell to Sell, reflecting notable improvements in technical indicators and valuation metrics despite ongoing financial challenges. This shift, effective from 27 August 2026, highlights a nuanced change in the company’s market perception driven by four key parameters: Quality, Valuation, Financial Trend, and Technicals." } ], "total": 237, "sid": "177066", "stock_news_url": "https://www.marketsmojo.com/news/garg-furnace-177066" }, "announcements": [ { "caption": "Announcement under Regulation 30 (LODR)-Investor Presentation", "datetime": "10-Sep-2026", "details": "Intimation for investors presentation", "source": "BSE" }, { "caption": "Shareholder Meeting / Postal Ballot-Scrutinizers Report", "datetime": "01-Sep-2026", "details": "Scrutinizer Report and Voting results of the 53rd AGM of the Company held on 29.08.2026", "source": "BSE" }, { "caption": "Clarification Letter Price Movement", "datetime": "31-Aug-2026", "details": "Clarification letter price movement", "source": "BSE" } ], "corporate_actions": [ { "img": "board-meeting.svg", "title": "BOARD MEETING", "msg": "<span>No</span> Upcoming Board Meetings", "data": [] }, { "img": "dividend.svg", "title": "DIVIDEND", "msg": "No <strong>Dividend</strong> history available", "data": [] }, { "img": "splits.svg", "title": "SPLITS", "msg": "No <strong>Splits</strong> history available", "data": [] }, { "img": "bonus.svg", "title": "BONUS", "msg": "No <strong>Bonus</strong> history available", "data": [] }, { "img": "rights-issues.svg", "title": "RIGHTS", "msg": "No <strong>Rights</strong> history available", "data": [] } ] }

Key Events This Week

15 Sep: Garg Furnace Ltd surged to a new 52-week high of Rs.205

11 Sep (preceding week): Rating upgraded to Sell on technical and valuation improvements

18 Sep: Week closes at Rs.191.35, down 4.66% on the day but up 10.93% for the week

Read full news article

Broad-Based Technical Strength Lifts Garg Furnace Ltd to 52-Week High of Rs 205

2026-09-15 10:35:11

Surging to a fresh 52-week high of Rs 205 on 15 Jun 2026, Garg Furnace Ltd has demonstrated remarkable price momentum, outpacing its sector and the broader market despite a challenging environment for the Sensex. This milestone caps a rally that has seen the stock appreciate 16.93% over the past year, contrasting with the Sensex’s decline of 8.63% during the same period.

Read full news article

Garg Furnace Ltd Upgraded to Sell on Technical and Valuation Improvements

2026-09-14 08:04:43

Garg Furnace Ltd, a micro-cap player in the Iron & Steel Products sector, has seen its investment rating upgraded from Strong Sell to Sell as of 11 September 2026. This change reflects notable improvements in the company’s technical indicators and valuation metrics, despite ongoing challenges in its financial trend. The stock has rallied sharply in recent sessions, outperforming the Sensex and signalling renewed investor interest.

Read full news article

Garg Furnace Ltd Valuation Shifts Signal Renewed Price Attractiveness Amid Mixed Returns

2026-09-11 08:00:08

Garg Furnace Ltd, a micro-cap player in the Iron & Steel Products sector, has seen its valuation parameters improve notably, shifting from fair to attractive levels. Despite a recent downgrade to a Strong Sell rating by MarketsMOJO, the company’s price-to-earnings (P/E) and price-to-book value (P/BV) ratios now present a more compelling entry point compared to its historical averages and peer group, even as its stock price faces downward pressure in a volatile market environment.

Read full news article

Garg Furnace Ltd Downgraded to Strong Sell Amid Mixed Technicals and Fair Valuation

2026-09-01 08:13:17

Garg Furnace Ltd, a micro-cap player in the Iron & Steel Products sector, has seen its investment rating downgraded from Sell to Strong Sell as of 31 August 2026. This revision reflects a combination of deteriorating technical indicators, a shift in valuation from attractive to fair, and weakening financial trends despite some positive long-term returns. The company’s current Mojo Score stands at 17.0, underscoring the cautious stance investors should adopt.

Read full news article

Garg Furnace Ltd Surges 29.12%: Key Valuation and Technical Shifts Drive Rally

2026-08-30 15:00:07

Key Events This Week

24 Aug: Valuation upgrade signals renewed price attractiveness

27 Aug: Technical upgrade to Sell rating amid strong price rally

28 Aug: Garg Furnace Ltd hits new 52-week high at Rs.198

28 Aug: Week closes at Rs.175.60 (+29.12%) outperforming Sensex

Week Open

Rs.136.00

Week Close

Read full news article

Broad-Based Technical Strength Lifts Garg Furnace Ltd to 52-Week High of Rs 198

2026-08-28 09:40:43

Surging to an intraday high of Rs 198 on 28 Aug 2026, Garg Furnace Ltd has marked a significant milestone by reaching its 52-week peak. This breakout comes amid a sustained seven-day rally that has propelled the stock up by 49.09%, underscoring robust price momentum and a confluence of bullish technical indicators.

Read full news article

Garg Furnace Ltd Upgraded to Sell on Technical and Valuation Improvements

2026-08-28 08:05:55

Garg Furnace Ltd, a micro-cap player in the Iron & Steel Products sector, has seen its investment rating upgraded from Strong Sell to Sell, reflecting notable improvements in technical indicators and valuation metrics despite ongoing financial challenges. This shift, effective from 27 August 2026, highlights a nuanced change in the company’s market perception driven by four key parameters: Quality, Valuation, Financial Trend, and Technicals.

Read full news article

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