Garg Furnace

Market Cap: Micro Cap
Industry: Iron & Steel Products
ISIN: INE194E01015
NSEID:
BSEID: 530615

INR

141.75

4.95 (3.62%)

BSENSE

Dec 05

BSE+NSE Vol: 58

{
  "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": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "141.75",
    "chg": 4.95,
    "chgp": "3.62%",
    "dir": 1,
    "prev_price": "136.80",
    "mcapval": "96.51 Cr",
    "mcap": "Micro Cap",
    "scripcode": 530615,
    "symbol": "",
    "ind_name": "Iron & Steel Products",
    "ind_code": 23,
    "indexname": "",
    "isin": "INE194E01015",
    "curr_date": "Dec 05",
    "curr_time": "",
    "bse_nse_vol": "58 ",
    "exc_status": "Active",
    "traded_date": "Dec 05, 2025",
    "traded_date_str": "2025 12 05",
    "score": "",
    "scoreText": "",
    "Live": 1,
    "market_time": 1,
    "is_blur": 1,
    "is_blur_class": "blur-register-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": "Why is Garg Furnace falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-garg-furnace-fallingrising-3747232",
        "imagepath": "",
        "date": "2025-12-05 00:52:50",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Recent Price Movement and Market Context</strong></p>\n<p>Garg Furnace’s shares have been on a downward trajectory, registering a slight fall of 0.11% on 04-Dec to close at ₹138.50. This decline is part of a three-day losing streak during which the stock has shed approximately 3.82% of its value. Notably, the stock hit a fresh 52-week low of ₹136.50 on the same day, underscoring the ongoing weakness in investor sentiment. Despite this, the stock’s daily performance remains broadly in line with its sector peers, suggesting that the pressures affecting Garg Furnace are not isolated but reflective of wider industry challenges.</p>\n<p>Liquidity conditions remain adequate, with the stock’s delivery volume on 03-Dec rising by 14.35% to 2,560 shares compared to its five-day average. This increase in..."
      },
      {
        "title": "Garg Furnace Stock Falls to 52-Week Low of Rs.136.5 Amid Market Pressures",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/garg-furnace-stock-falls-to-52-week-low-of-rs1365-amidst-declining-market-performance-3746806",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/GargFurnace_priceRelatedfactors_3746806.png",
        "date": "2025-12-04 13:12:05",
        "description": "Shares of Garg Furnace, a company operating in the Iron & Steel Products sector, touched a new 52-week low of Rs.136.5 today, marking a significant decline amid broader market fluctuations and sectoral pressures. The stock has experienced a downward trajectory over recent sessions, reflecting a challenging period for the company within an otherwise resilient market environment."
      },
      {
        "title": "How has been the historical performance of Garg Furnace?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-garg-furnace-3744711",
        "imagepath": "",
        "date": "2025-12-03 22:47:03",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Revenue and Profitability Trends</strong></p>\n<p>Over the seven-year period ending March 2025, Garg Furnace’s net sales have shown a robust increase from ₹111.83 crores in March 2019 to ₹261.61 crores in March 2025. This represents a compound growth trajectory, with notable acceleration post-2021, where sales surged from ₹119.35 crores to over ₹260 crores in four years. The absence of other operating income throughout this period indicates that the company’s revenue growth is primarily driven by its core operations.</p>\n<p>Operating profit margins, excluding other income, have improved significantly from negative territory in 2019 and 2020 to a positive 2.94% in March 2025. The operating profit (PBDIT) rose from a loss of ₹6.15 crores in 2019 to a healthy ₹7.68 crores in 2025, reflecting enh..."
      },
      {
        "title": "Garg Furnace Stock Falls to 52-Week Low of Rs.137.2 Amid Market Pressure",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/garg-furnace-stock-falls-to-52-week-low-of-rs1372-amid-market-underperformance-3741989",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/GargFurnace_priceRelatedfactors_3741989.png",
        "date": "2025-12-02 15:41:37",
        "description": "Shares of Garg Furnace, a company in the Iron & Steel Products sector, touched a new 52-week low of Rs.137.2 today, marking a significant decline amid broader market fluctuations and sectoral underperformance."
      },
      {
        "title": "Garg Furnace Stock Falls to 52-Week Low of Rs.140 Amid Market Underperformance",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/garg-furnace-stock-hits-52-week-low-amidst-continued-downtrend-3729034",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/GargFurnace_priceRelatedfactors_3729034.png",
        "date": "2025-11-25 12:42:19",
        "description": "Shares of Garg Furnace, a player in the Iron & Steel Products sector, reached a fresh 52-week low of Rs.140 today, marking a significant decline amid a broader market environment that has seen the stock underperform its sector and benchmark indices over the past year."
      },
      {
        "title": "Is Garg Furnace overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-garg-furnace-overvalued-or-undervalued-3713533",
        "imagepath": "",
        "date": "2025-11-19 08:07:35",
        "description": "As of 18 November 2025, Garg Furnace's valuation grade has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued, with a PE ratio of 8.97, a Price to Book Value of 0.90, and an EV to EBITDA of 8.72. These ratios suggest that Garg Furnace is trading at a discount compared to its peers.\n\nIn comparison to notable competitors, JSW Steel has a much higher PE ratio of 46.33 and an EV to EBITDA of 13.64, while Tata Steel shows a PE of 28.91 and an EV to EBITDA of 10.5. This stark contrast highlights Garg Furnace's undervaluation in the iron and steel sector. Despite recent stock performance lagging behind the Sensex, particularly with a year-to-date return of -42.85% versus the Sensex's 8.36%, the company's strong fundamentals and favorable valuation metrics position it as a compelling investment opportunity...."
      },
      {
        "title": "Why is Garg Furnace falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-garg-furnace-fallingrising-3712894",
        "imagepath": "",
        "date": "2025-11-18 22:02:03",
        "description": "As of 18-Nov, Garg Furnace Ltd's stock price is currently at 154.60, reflecting an increase of 8.3, or 5.67%. The stock has shown a trend reversal today, gaining after four consecutive days of decline. It opened with a significant gap up of 9.33% and reached an intraday high of Rs 163, which is an increase of 11.41%. Despite this positive movement today, the stock has underperformed in the longer term, with year-to-date returns down by 42.85% compared to the Sensex's 8.36% increase. Additionally, the stock is trading below all major moving averages, indicating a bearish trend over the medium to long term. However, there has been a notable rise in investor participation, with delivery volume increasing by 331.17% against the 5-day average, suggesting renewed interest among investors.\n\nIn the broader market context, Garg Furnace's recent performance contrasts sharply with the benchmark Sensex, which has gaine..."
      },
      {
        "title": "Garg Furnace Reports Strong Profit Growth Amid Declining Net Sales Performance",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/garg-furnaces-financial-trend-improves-from-negative-to-positive-amid-rising-profit-after-tax-3711521",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/GargFurnace_fintrenddot_3711521.png",
        "date": "2025-11-18 11:00:18",
        "description": "Garg Furnace, a microcap in the iron and steel sector, reported a significant increase in profit after tax for the quarter ending September 2025, alongside peak operational metrics. However, net sales declined, contrasting with the positive financial indicators. The stock has shown mixed performance compared to the Sensex over different time frames."
      },
      {
        "title": "Garg Furnace Q2 FY26: Profitability Surge Masks Mounting Concerns as Stock Plummets 46%",
        "link": "https://www.marketsmojo.com/news/result-analysis/garg-furnace-q2-fy26-profitability-surge-masks-mounting-concerns-as-stock-plummets-46-3718549",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/GargFurnace_quaterlyResult_3718549.png",
        "date": "2025-11-18 08:50:04",
        "description": "Garg Furnace Ltd., a micro-cap steel products manufacturer based in Punjab, reported a net profit of ₹2.83 crores for Q2 FY26 (July-September 2025), marking a significant improvement in profitability metrics. However, this quarterly uptick in margins stands in stark contrast to the company's brutal stock performance, which has collapsed 46.11% over the past year, erasing substantial shareholder value. With a market capitalisation of just ₹83.00 crores and trading at ₹155.00, the stock remains trapped in a bearish technical trend despite attractive valuation multiples."
      }
    ],
    "total": 176,
    "sid": "177066",
    "stock_news_url": "https://www.marketsmojo.com/news/garg-furnace-177066"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Press Release / Media Release",
      "datetime": "21-Nov-2025",
      "details": "Press release dated 21.11.2025",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "18-Nov-2025",
      "details": "Unaudited Results for the Quarter and Half Year ended 30.09.2025",
      "source": "BSE"
    },
    {
      "caption": "Board Meeting Outcome for Outcome Of Board Meeting For The Quarter And Half-Year Ended 30.09.2025",
      "datetime": "14-Nov-2025",
      "details": "Outcome of Board meeting for the Quarter and half year ended 30.09.2025",
      "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": []
    }
  ]
}

News and Views

Why is Garg Furnace falling/rising?

2025-12-05 00:52:50

Recent Price Movement and Market Context

Garg Furnace’s shares have been on a downward trajectory, registering a slight fall of 0.11% on 04-Dec to close at ₹138.50. This decline is part of a three-day losing streak during which the stock has shed approximately 3.82% of its value. Notably, the stock hit a fresh 52-week low of ₹136.50 on the same day, underscoring the ongoing weakness in investor sentiment. Despite this, the stock’s daily performance remains broadly in line with its sector peers, suggesting that the pressures affecting Garg Furnace are not isolated but reflective of wider industry challenges.

Liquidity conditions remain adequate, with the stock’s delivery volume on 03-Dec rising by 14.35% to 2,560 shares compared to its five-day average. This increase in...

Garg Furnace Stock Falls to 52-Week Low of Rs.136.5 Amid Market Pressures

2025-12-04 13:12:05

Shares of Garg Furnace, a company operating in the Iron & Steel Products sector, touched a new 52-week low of Rs.136.5 today, marking a significant decline amid broader market fluctuations and sectoral pressures. The stock has experienced a downward trajectory over recent sessions, reflecting a challenging period for the company within an otherwise resilient market environment.

How has been the historical performance of Garg Furnace?

2025-12-03 22:47:03

Revenue and Profitability Trends

Over the seven-year period ending March 2025, Garg Furnace’s net sales have shown a robust increase from ₹111.83 crores in March 2019 to ₹261.61 crores in March 2025. This represents a compound growth trajectory, with notable acceleration post-2021, where sales surged from ₹119.35 crores to over ₹260 crores in four years. The absence of other operating income throughout this period indicates that the company’s revenue growth is primarily driven by its core operations.

Operating profit margins, excluding other income, have improved significantly from negative territory in 2019 and 2020 to a positive 2.94% in March 2025. The operating profit (PBDIT) rose from a loss of ₹6.15 crores in 2019 to a healthy ₹7.68 crores in 2025, reflecting enh...

Garg Furnace Stock Falls to 52-Week Low of Rs.137.2 Amid Market Pressure

2025-12-02 15:41:37

Shares of Garg Furnace, a company in the Iron & Steel Products sector, touched a new 52-week low of Rs.137.2 today, marking a significant decline amid broader market fluctuations and sectoral underperformance.

Garg Furnace Stock Falls to 52-Week Low of Rs.140 Amid Market Underperformance

2025-11-25 12:42:19

Shares of Garg Furnace, a player in the Iron & Steel Products sector, reached a fresh 52-week low of Rs.140 today, marking a significant decline amid a broader market environment that has seen the stock underperform its sector and benchmark indices over the past year.

Is Garg Furnace overvalued or undervalued?

2025-11-19 08:07:35

As of 18 November 2025, Garg Furnace's valuation grade has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued, with a PE ratio of 8.97, a Price to Book Value of 0.90, and an EV to EBITDA of 8.72. These ratios suggest that Garg Furnace is trading at a discount compared to its peers. In comparison to notable competitors, JSW Steel has a much higher PE ratio of 46.33 and an EV to EBITDA of 13.64, while Tata Steel shows a PE of 28.91 and an EV to EBITDA of 10.5. This stark contrast highlights Garg Furnace's undervaluation in the iron and steel sector. Despite recent stock performance lagging behind the Sensex, particularly with a year-to-date return of -42.85% versus the Sensex's 8.36%, the company's strong fundamentals and favorable valuation metrics position it as a compelling investment opportunity....

Why is Garg Furnace falling/rising?

2025-11-18 22:02:03

As of 18-Nov, Garg Furnace Ltd's stock price is currently at 154.60, reflecting an increase of 8.3, or 5.67%. The stock has shown a trend reversal today, gaining after four consecutive days of decline. It opened with a significant gap up of 9.33% and reached an intraday high of Rs 163, which is an increase of 11.41%. Despite this positive movement today, the stock has underperformed in the longer term, with year-to-date returns down by 42.85% compared to the Sensex's 8.36% increase. Additionally, the stock is trading below all major moving averages, indicating a bearish trend over the medium to long term. However, there has been a notable rise in investor participation, with delivery volume increasing by 331.17% against the 5-day average, suggesting renewed interest among investors. In the broader market context, Garg Furnace's recent performance contrasts sharply with the benchmark Sensex, which has gaine...

Garg Furnace Reports Strong Profit Growth Amid Declining Net Sales Performance

2025-11-18 11:00:18

Garg Furnace, a microcap in the iron and steel sector, reported a significant increase in profit after tax for the quarter ending September 2025, alongside peak operational metrics. However, net sales declined, contrasting with the positive financial indicators. The stock has shown mixed performance compared to the Sensex over different time frames.

Garg Furnace Q2 FY26: Profitability Surge Masks Mounting Concerns as Stock Plummets 46%

2025-11-18 08:50:04

Garg Furnace Ltd., a micro-cap steel products manufacturer based in Punjab, reported a net profit of ₹2.83 crores for Q2 FY26 (July-September 2025), marking a significant improvement in profitability metrics. However, this quarterly uptick in margins stands in stark contrast to the company's brutal stock performance, which has collapsed 46.11% over the past year, erasing substantial shareholder value. With a market capitalisation of just ₹83.00 crores and trading at ₹155.00, the stock remains trapped in a bearish technical trend despite attractive valuation multiples.