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Garg Furnace

  • Market Cap: Micro Cap
  • Industry: Steel/Sponge Iron/Pig Iron
  • ISIN: INE194E01015
  • NSEID:
  • BSEID: 530615
INR
174.00
5.05 (2.99%)
BSENSE

Apr 11, 12:49 PM

BSE+NSE Vol: 734

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
{
  "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": "174.00",
    "chg": 5.05,
    "chgp": "2.99%",
    "dir": 1,
    "prev_price": "168.95",
    "mcapval": "97.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 530615,
    "symbol": "",
    "ind_name": "Steel/Sponge Iron/Pig Iron",
    "ind_code": 23,
    "isin": "INE194E01015",
    "curr_date": "Apr 11, 12:49 PM",
    "curr_time": "23:51 PM",
    "bse_nse_vol": "734 ",
    "exc_status": "Active",
    "traded_date": "Apr 11, 2025",
    "traded_date_str": "2025 04 11",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
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    "is_blur_url": "https://sandbox-www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/garg-furnace-177066-0&utm_source=Spage_Header_Score",
    "mojoone": {
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  },
  "news": {
    "results": [
      {
        "title": "Garg Furnace Hits 52-Week Low Amidst Mixed Financial Indicators and Promoter Confidence",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/garg-furnace-hits-52-week-low-amidst-significant-yearly-decline-and-debt-management-strength-1640730",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/GargFurnace_priceRelatedfactors_833878.png",
        "date": "2025-03-28 10:06:16",
        "description": "Garg Furnace, a microcap in the steel industry, reached a new 52-week low today, reflecting a significant annual decline. Despite recent downturns, the stock showed a brief recovery. The company reported strong financial metrics, including a low Debt to EBITDA ratio and increased profits, alongside rising promoter confidence."
      },
      {
        "title": "Garg Furnace Faces Significant Stock Volatility Amidst Strong Debt Management and Promoter Confidence",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/garg-furnace-hits-52-week-low-amid-ongoing-decline-and-market-resilience-1626340",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/GargFurnace_priceRelatedfactors_821341.png",
        "date": "2025-03-27 13:05:52",
        "description": "Garg Furnace, a microcap in the steel industry, has faced significant volatility, hitting a 52-week low and underperforming its sector. Despite a steep annual decline, the company shows strong debt servicing capabilities and recent financial improvements, alongside increased promoter confidence with a higher stake in the firm."
      },
      {
        "title": "Garg Furnace Faces Significant Stock Decline Amidst Sector Challenges and Rising Promoter Confidence",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/garg-furnace-hits-52-week-low-amid-significant-stock-decline-and-bearish-trend-1457193",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/GargFurnace_priceRelatedfactors_718043.png",
        "date": "2025-03-19 14:35:45",
        "description": "Garg Furnace, a microcap in the steel and sponge iron sector, reached a new 52-week low today after two days of price declines. Despite a challenging year with a significant drop in stock value, the company shows strong debt servicing capability and rising promoter confidence with increased stake ownership."
      },
      {
        "title": "Garg Furnace Faces Trading Volatility Amid Broader Market Resilience and Debt Management Strength",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/garg-furnace-hits-52-week-low-amid-ongoing-stock-decline-and-market-contrast-1428234",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/GargFurnace_priceRelatedfactors_691676.png",
        "date": "2025-03-18 13:05:15",
        "description": "Garg Furnace, a microcap in the steel and sponge iron sector, has faced significant trading volatility, nearing its 52-week low. Despite a recent decline, the company shows strong debt servicing capability and reported a notable increase in profits and promoter stake, contrasting with its overall negative performance this year."
      },
      {
        "title": "Garg Furnace Hits 52-Week Low Amid Mixed Financial Indicators and Promoter Confidence",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/garg-furnace-hits-52-week-low-despite-recent-stock-resilience-and-promoter-stake-increase-1180284",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/GargFurnace_priceRelatedfactors_565842.png",
        "date": "2025-03-04 10:29:51",
        "description": "Garg Furnace, a microcap in the steel industry, has reached a new 52-week low amid a bearish trend, trading below key moving averages. Despite a significant annual decline, the company shows strong debt servicing capabilities and recent financial improvements, alongside increased promoter confidence in their stake."
      },
      {
        "title": "Garg Furnace Faces Significant Stock Volatility Amid Broader Market Challenges",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/garg-furnace-hits-52-week-low-at-rs-185-amid-significant-stock-decline-1171593",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/3/GargFurnace_priceRelatedfactors_561796.png",
        "date": "2025-03-03 10:05:46",
        "description": "Garg Furnace, a microcap in the steel industry, has hit a new 52-week low, reflecting significant volatility and underperformance compared to its sector. The stock has dropped consecutively over two days, with a notable decline over the past year, contrasting sharply with broader market trends."
      },
      {
        "title": "Garg Furnace Faces Significant Challenges Amidst Ongoing Market Volatility and Underperformance",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/garg-furnace-hits-new-52-week-low-at-rs-201-amid-declining-performance-1141414",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/2/GargFurnace_priceRelatedfactors_549212.png",
        "date": "2025-02-28 11:05:13",
        "description": "Garg Furnace, a microcap in the steel industry, has hit a new 52-week low, reflecting significant volatility and underperformance compared to its sector. The stock has consistently traded below key moving averages, and its year-long decline contrasts sharply with the overall market's modest gains, indicating ongoing operational challenges."
      },
      {
        "title": "Garg Furnace Reports Strong Financial Results, Indicating Improved Operational Efficiency in December 2024",
        "link": "https://www.marketsmojo.com/news/result-analysis/garg-furnace-reports-significant-financial-improvement-in-december-2024-results-1040697",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/2/GargFurnace_quaterlyResult_451549.png",
        "date": "2025-02-17 11:05:17",
        "description": "Garg Furnace has announced its financial results for the quarter ending December 2024, showcasing significant improvements. The company achieved its highest operating profit and profit before tax in five quarters, alongside a notable increase in profit after tax, indicating enhanced operational efficiency and overall financial performance."
      },
      {
        "title": "Garg Furnace Hits 52-Week Low Amidst Broader Market Challenges and Volatility",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/garg-furnace-hits-52-week-low-of-rs-210-25-amid-ongoing-decline-2-341620",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/1/GargFurnace_priceRelatedfactors_255844.png",
        "date": "2025-01-28 09:35:32",
        "description": "Garg Furnace, a microcap in the steel industry, has faced significant volatility, reaching a new 52-week low. The stock has underperformed its sector and is currently below multiple moving averages, reflecting a sustained downward trend. Over the past year, it has declined notably compared to the Sensex."
      }
    ],
    "total": 81,
    "sid": "177066",
    "stock_news_url": "https://sandbox-www.marketsmojo.com/news/garg-furnace-177066"
  },
  "announcements": [
    {
      "caption": "Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018",
      "datetime": "05-Apr-2025",
      "details": "With the reference to the above captioned subject we herewith submit the Confirmation Certificate received from our Registrar & Share Transfer Agent (RTA) Skyline Financial Services Private Limited as per Regulation 74(5) of the SEBI (Depository & Participants) Regulations 2018 for the fourth quarter and Financial year ending 31st March 2025",
      "source": "BSE"
    },
    {
      "caption": "Board Meeting Outcome for Revised Outcome",
      "datetime": "29-Mar-2025",
      "details": "Revised outcome This revised outcome is filed due to error arose from a miscalculation in the number of shares to be allotted. A total of 400000 shares was intended to be issued but due to an error 400000 shares were mistakenly allotted to each allottee. dated February 19 2024 regarding allotment of 2800000 Convertible Warrants in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we would like to inform you that the Board of Directors of the Company in their meeting held on Tuesdayi.e. October 01 2024 inter-alia has considered and approved the allotment of 400000 (Four Lakh) Equity Shares of face value of Rs. 10/- (Rupees Ten only) each upon conversion of the warrants at an issue price of Rs. 195/- (Rupees One Hundred and Ninety-Five only) each including premium of Rs. 185/- each",
      "source": "BSE"
    },
    {
      "caption": "Closure of Trading Window",
      "datetime": "25-Mar-2025",
      "details": "Pursuant to SEBI (Prohibition of Insider Trading) Regulation 2015 the trading window for Dealing in securities of the Company would remain close from Tuesday 01st April 2025 till the end of 48 hours after audited financial results of the Company for the Fourth Quarter and Financial Year ending 31st March 2025 are communicated to the Stock Exchange for the Promoters Directors Key Managerial Personnels designated persons of the Company including their immediate relatives. The date of Board Meeting of the Company for consideration and declaration of the Audited Financial Results for the fourth quarter and Financial Year ending 31st March 2025 shall be intimated in due course.",
      "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": []
    }
  ]
}
stock newsNews and Views
stock-recommendationAnnouncement

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018

05-Apr-2025 | Source : BSE

With the reference to the above captioned subject we herewith submit the Confirmation Certificate received from our Registrar & Share Transfer Agent (RTA) Skyline Financial Services Private Limited as per Regulation 74(5) of the SEBI (Depository & Participants) Regulations 2018 for the fourth quarter and Financial year ending 31st March 2025

Board Meeting Outcome for Revised Outcome

29-Mar-2025 | Source : BSE

Revised outcome This revised outcome is filed due to error arose from a miscalculation in the number of shares to be allotted. A total of 400000 shares was intended to be issued but due to an error 400000 shares were mistakenly allotted to each allottee. dated February 19 2024 regarding allotment of 2800000 Convertible Warrants in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we would like to inform you that the Board of Directors of the Company in their meeting held on Tuesdayi.e. October 01 2024 inter-alia has considered and approved the allotment of 400000 (Four Lakh) Equity Shares of face value of Rs. 10/- (Rupees Ten only) each upon conversion of the warrants at an issue price of Rs. 195/- (Rupees One Hundred and Ninety-Five only) each including premium of Rs. 185/- each

Closure of Trading Window

25-Mar-2025 | Source : BSE

Pursuant to SEBI (Prohibition of Insider Trading) Regulation 2015 the trading window for Dealing in securities of the Company would remain close from Tuesday 01st April 2025 till the end of 48 hours after audited financial results of the Company for the Fourth Quarter and Financial Year ending 31st March 2025 are communicated to the Stock Exchange for the Promoters Directors Key Managerial Personnels designated persons of the Company including their immediate relatives. The date of Board Meeting of the Company for consideration and declaration of the Audited Financial Results for the fourth quarter and Financial Year ending 31st March 2025 shall be intimated in due course.

stock-recommendationCorporate Actions
Corporate Actions
info
stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

No Dividend history available

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available