Forbes & Co

Market Cap: Micro Cap
Industry: Engineering - Industrial Equipments
ISIN: INE518A01013
NSEID: FORBESGOK
BSEID: 502865

INR

307.65

-3.35 (-1.08%)

BSENSE

Apr 11, 12:49 PM

BSE+NSE Vol: 355

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    "sid": 793138,
    "name": "Forbes & Co",
    "stock_name": "Forbes & Co",
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    "chgp": "-1.08%",
    "dir": -1,
    "prev_price": "311.00",
    "mcapval": "406.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 502865,
    "symbol": "FORBESGOK",
    "ind_name": "Engineering - Industrial Equipments",
    "ind_code": 20,
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    "curr_date": "Apr 11, 12:49 PM",
    "curr_time": "01:27 AM",
    "bse_nse_vol": "355 ",
    "exc_status": "Active",
    "traded_date": "Apr 11, 2025",
    "traded_date_str": "2025 04 11",
    "score": "",
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  "news": {
    "results": [
      {
        "title": "Forbes & Company Experiences Valuation Grade Change Amidst Competitive Market Landscape",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/forbes-company-upgrades-valuation-grade-from-attractive-to-very-attractive-1670306",
        "imagepath": "",
        "date": "2025-04-02 08:01:48",
        "description": "Forbes & Company, a microcap player in the engineering and industrial equipment sector, has recently undergone a valuation adjustment. The company's current price stands at 306.35, reflecting a notable increase from the previous close of 291.80. Over the past year, Forbes & Company has faced challenges, with a stock return of -38.75%, contrasting sharply with a positive return of 2.72% for the Sensex.\n\nKey financial metrics for Forbes & Company include a PE ratio of 14.62 and an EV to EBITDA ratio of 19.09, which position it favorably compared to its peers. Notably, while Forbes & Company has a PEG ratio of 0.04, indicating potential value, competitors like Diffusion Engineering and Mamata Machinery exhibit significantly higher PE ratios, suggesting a disparity in market valuation.\n\nIn terms of return on capital employed (ROCE) and return on equity (ROE), Forbes & Company reports figures of 9.67% and 11.10%..."
      },
      {
        "title": "Forbes & Company Ltd Sees Significant Buying Activity Amid Broader Market Decline",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/forbes-company-ltd-surges-4-99-today-reaching-intraday-high-of-rs-306-amid-market-decline-1663699",
        "imagepath": "",
        "date": "2025-04-01 14:55:08",
        "description": "Forbes & Company Ltd is currently witnessing significant buying activity, with the stock rising by 4.99% today, contrasting sharply with the Sensex, which has declined by 1.81%. This marks the second consecutive day of gains for Forbes, accumulating a total return of 6.25% over this period. The stock reached an intraday high of Rs 306, reflecting a 4.87% increase during the trading session.\n\nIn the short term, Forbes & Company has outperformed its sector by 5.46%, indicating a strong market position despite broader market challenges. Over the past week, the stock has gained 3.81%, while the Sensex has fallen by 2.57%. However, the longer-term performance shows a decline of 38.75% over the past year, compared to a modest 2.70% increase in the Sensex.\n\nThe buying pressure may be attributed to various factors, including recent developments within the company or sector-specific trends that have attracted invest..."
      },
      {
        "title": "Forbes & Company Hits 52-Week Low Amid Broader Market Downturn and Debt Concerns",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/forbes-company-hits-52-week-low-amid-significant-stock-decline-and-financial-concerns-1270864",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/ForbesCompany_priceRelatedfactors_637221.png",
        "date": "2025-03-11 09:44:06",
        "description": "Forbes & Company, a microcap in the engineering sector, reached a new 52-week low amid a broader market decline. Despite a challenging year with significant decreases in net sales and operating profit, the company reported a notable increase in net sales for the half-year ending December 2024 and maintains a high return on equity."
      },
      {
        "title": "Forbes & Company Hits 52-Week Low Amid Broader Market Downturn and Debt Concerns",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/forbes-company-hits-52-week-low-amid-significant-decline-and-high-debt-concerns-1270925",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/ForbesCompany_priceRelatedfactors_637217.png",
        "date": "2025-03-11 09:44:02",
        "description": "Forbes & Company, a microcap in the engineering sector, reached a new 52-week low amid a broader market decline. Despite a significant annual drop in net sales and high debt concerns, the company reported strong December 2024 results, showcasing impressive growth and high return on equity, though most promoter shares are pledged."
      },
      {
        "title": "Forbes & Company Faces Significant Volatility Amidst Financial Health Concerns and Operational Strengths",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/forbes-company-hits-52-week-low-amid-significant-stock-decline-and-high-volatility-1515416",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/ForbesCompany_priceRelatedfactors_638740.png",
        "date": "2025-03-10 12:05:34",
        "description": "Forbes & Company, a microcap in the engineering sector, has faced notable volatility, nearing a 52-week low after a significant decline. The company has underperformed its sector and recorded a substantial yearly drop, despite showing high management efficiency with a remarkable return on equity and recent increases in net sales and profits."
      },
      {
        "title": "Forbes & Company Faces Ongoing Challenges Amid Broader Market Trends in October 2023",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/forbes-company-hits-52-week-low-amid-ongoing-stock-decline-in-february-2025-1012779",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/2/ForbesCompany_priceRelatedfactors_450053.png",
        "date": "2025-02-14 14:05:44",
        "description": "Forbes & Company, a microcap in the engineering sector, has seen notable trading activity as it nears its 52-week low. Despite a brief intraday gain, the stock has faced consecutive losses and underperformed its sector, reflecting ongoing challenges in a competitive market. Over the past year, it has declined significantly."
      },
      {
        "title": "Forbes & Company Reports December 2024 Results: Profit Growth Amid Sales Decline and Income Concerns",
        "link": "https://www.marketsmojo.com/news/result-analysis/forbes-company-reports-85-7-pat-growth-despite-decline-in-net-sales-in-september-2023-993008",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/2/ForbesCompany_quaterlyResult_422554.png",
        "date": "2025-02-12 12:23:14",
        "description": "Forbes & Company has reported its financial results for the quarter ending December 2024, showcasing an 85.7% increase in Profit After Tax to Rs 9.50 crore, the highest in five quarters. However, net sales declined by 5.0%, highlighting challenges in sales performance and reliance on non-operating income."
      }
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    "sid": "793138",
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  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Updates on Joint Venture",
      "datetime": "31-Mar-2025",
      "details": "Approval to enter into Termination of the Joint Venture Agreement at the Board Meeting dated March 31 2025",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Acquisition",
      "datetime": "31-Mar-2025",
      "details": "Approval of acquisition of Shares of Forbes Macsa Private Limited in the Board Meeting Dated March 31 2025",
      "source": "BSE"
    },
    {
      "caption": "Board Meeting Outcome for Outcome Of Board Meeting Dated March 31 2025",
      "datetime": "31-Mar-2025",
      "details": "Outcome of Board Meeting dated March 31 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": "",
      "data": [
        {
          "txt": "Forbes & Company Ltd has declared <strong>650%</strong> dividend, ex-date: 24 Aug 22",
          "dt": "2022-08-24",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "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",
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}

News and Views

Forbes & Company Experiences Valuation Grade Change Amidst Competitive Market Landscape

2025-04-02 08:01:48

Forbes & Company, a microcap player in the engineering and industrial equipment sector, has recently undergone a valuation adjustment. The company's current price stands at 306.35, reflecting a notable increase from the previous close of 291.80. Over the past year, Forbes & Company has faced challenges, with a stock return of -38.75%, contrasting sharply with a positive return of 2.72% for the Sensex. Key financial metrics for Forbes & Company include a PE ratio of 14.62 and an EV to EBITDA ratio of 19.09, which position it favorably compared to its peers. Notably, while Forbes & Company has a PEG ratio of 0.04, indicating potential value, competitors like Diffusion Engineering and Mamata Machinery exhibit significantly higher PE ratios, suggesting a disparity in market valuation. In terms of return on capital employed (ROCE) and return on equity (ROE), Forbes & Company reports figures of 9.67% and 11.10%...

Forbes & Company Ltd Sees Significant Buying Activity Amid Broader Market Decline

2025-04-01 14:55:08

Forbes & Company Ltd is currently witnessing significant buying activity, with the stock rising by 4.99% today, contrasting sharply with the Sensex, which has declined by 1.81%. This marks the second consecutive day of gains for Forbes, accumulating a total return of 6.25% over this period. The stock reached an intraday high of Rs 306, reflecting a 4.87% increase during the trading session. In the short term, Forbes & Company has outperformed its sector by 5.46%, indicating a strong market position despite broader market challenges. Over the past week, the stock has gained 3.81%, while the Sensex has fallen by 2.57%. However, the longer-term performance shows a decline of 38.75% over the past year, compared to a modest 2.70% increase in the Sensex. The buying pressure may be attributed to various factors, including recent developments within the company or sector-specific trends that have attracted invest...

Forbes & Company Hits 52-Week Low Amid Broader Market Downturn and Debt Concerns

2025-03-11 09:44:06

Forbes & Company, a microcap in the engineering sector, reached a new 52-week low amid a broader market decline. Despite a challenging year with significant decreases in net sales and operating profit, the company reported a notable increase in net sales for the half-year ending December 2024 and maintains a high return on equity.

Forbes & Company Hits 52-Week Low Amid Broader Market Downturn and Debt Concerns

2025-03-11 09:44:02

Forbes & Company, a microcap in the engineering sector, reached a new 52-week low amid a broader market decline. Despite a significant annual drop in net sales and high debt concerns, the company reported strong December 2024 results, showcasing impressive growth and high return on equity, though most promoter shares are pledged.

Forbes & Company Faces Significant Volatility Amidst Financial Health Concerns and Operational Strengths

2025-03-10 12:05:34

Forbes & Company, a microcap in the engineering sector, has faced notable volatility, nearing a 52-week low after a significant decline. The company has underperformed its sector and recorded a substantial yearly drop, despite showing high management efficiency with a remarkable return on equity and recent increases in net sales and profits.

Forbes & Company Faces Ongoing Challenges Amid Broader Market Trends in October 2023

2025-02-14 14:05:44

Forbes & Company, a microcap in the engineering sector, has seen notable trading activity as it nears its 52-week low. Despite a brief intraday gain, the stock has faced consecutive losses and underperformed its sector, reflecting ongoing challenges in a competitive market. Over the past year, it has declined significantly.

Forbes & Company Reports December 2024 Results: Profit Growth Amid Sales Decline and Income Concerns

2025-02-12 12:23:14

Forbes & Company has reported its financial results for the quarter ending December 2024, showcasing an 85.7% increase in Profit After Tax to Rs 9.50 crore, the highest in five quarters. However, net sales declined by 5.0%, highlighting challenges in sales performance and reliance on non-operating income.