GANGAFORGE.NS
Price:
$3.04
Market Cap:
$409.80M
Ganga Forging Limited engages in the manufacture and sale of steel forging parts in India. It offers forged crankshafts, crankshaft single and double cylinders, straight and incline connecting rods, forged and big yokes, pins and shafts, spiders/cross, forged flanges, forged clamps and flanges, and blind flanges, as well as socket clevise, anchor shackle, and dead end pin electrical power transmission parts. The company also provides aluminum forging products. It serves clients in construction, railway, mechanical, oil refinery, mining, and other industries. The company was incorporated in 1988 and is based in Rajkot, India.
Industry
Manufacturing - Metal Fabrication
IPO Date
2018-07-25
Stock Exchange
NSE
Ticker
GANGAFORGE.NS
According to Ganga Forging Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.47. This represents a change of 91.53% compared to the average of 0.77 of the last 4 quarters.
The mean historical Current Ratio of Ganga Forging Limited over the last ten years is 1.26. The current 1.47 Current Ratio has changed 11.51% with respect to the historical average. Over the past ten years (40 quarters), GANGAFORGE.NS's Current Ratio was at its highest in in the March 2024 quarter at 2.41. The Current Ratio was at its lowest in in the June 2018 quarter at 0.
Average
1.26
Median
1.12
Minimum
0.94
Maximum
2.41
Discovering the peaks and valleys of Ganga Forging Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 106.99%
Maximum Annual Current Ratio = 2.41
Minimum Annual Increase = -33.70%
Minimum Annual Current Ratio = 0.94
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.60 | -33.70% |
| 2024 | 2.41 | 106.99% |
| 2023 | 1.16 | -2.55% |
| 2022 | 1.19 | 11.84% |
| 2021 | 1.07 | 8.46% |
| 2020 | 0.98 | -18.05% |
| 2019 | 1.20 | 20.16% |
| 2018 | 1.00 | -7.88% |
| 2017 | 1.08 | 15.35% |
| 2016 | 0.94 | -5.41% |
The current Current Ratio of Ganga Forging Limited (GANGAFORGE.NS) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
1.72
5-year avg
1.48
10-year avg
1.26
Ganga Forging Limited’s Current Ratio is greater than Rapicut Carbides Limited (0), greater than Austin Engineering Company Limited (0), less than Smiths & Founders (India) Limited (2.26), greater than Sambandam Spinning Mills Limited (0), less than Parle Industries Ltd. (8.73), greater than Akash Infra-Projects Limited (0), greater than Relicab Cable Manufacturing Limited (0), greater than Arex Industries Limited (0), greater than PBM Polytex Limited (0), greater than National Plastic Industries Limited (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $606.79M | |
| 0 | $483.41M | |
| 2.26 | $483.46M | |
| 0 | $443.52M | |
| 8.73 | $453.24M | |
| 0 | $431.51M | |
| 0 | $419.53M | |
| 0 | $505.62M | |
| 0 | $362.04M | |
| 0 | $478.12M |
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