Small cap₹21 cr₹0.5 cr traded a dayThin: a ₹2 lakh order is 3.9% of a normal day
Close on 11 September 2026
1.58
−1.25%
52-week range0% of the way up
1.584.02
Market cap
21 cr
P/E (TTM)
29.5×
EPS (TTM)
0.05
Revenue YoY
+36.5%
Q3 FY25
Profit YoY
+17.2%
Net margin
2.3%
-0.4pt vs a year ago
Growth trend
+2.2pt
vs last quarter’s YoY
1 month
-37.1%
Below 52w high
60.7%
RSI (14)
29
oversold
Daily swing
6.1%
average true range
Volume
0.9×
vs 20-day average
Traded
₹1 cr
median day
Close200-day averageMaterial filing
260 sessions · hover for the filing behind a move
Key metrics
each ranked against every stock scanned tonight
Above the 200-day average
Bottom of the universe
-43.9%
One-year return
Bottom of the universe
-53.4%
Return on capital employed
n/a
Debt to equity
n/a
Profitable quarters, last four
of the last four reported
3 of 4
Cash conversion
cash from operations against reported profit
n/a
Revenue growth, year on year
latest reported quarter
+36.5%
Below the 52-week high
distance from the highest close of the year
60.7%
How it has performed
price return over each window, beside the median NSE stock over the same days
The read
written from the numbers on this page
The measured facts point both ways4 supporting, 3 against, 1 worth knowing
Supporting
matches growing fast, sold off anyway, which has beaten the market by +1.11 points over 20 sessions across 29,180 past signals
2 of the scans it matches have a positive measured record
revenue grew 36% year on year in the quarter ending 31 December 2024
net margin has widened from -0.2% to 2.3% across four quarters
Against
trading 44% below its 200-day average
at 0% of its 52-week range — nearly everyone who bought in the past year is underwater
down 53% over twelve months
Worth knowing
RSI at 29 is washed out — historically the better half of this site's measured edge comes from exactly this condition
The market itself is rangebound tonight. Each scan's record is measured separately for this regime; the figure beside each chip above is the one that applies, not the all-weather number.
The most recent financials the exchange publishes for GANGAFORGE are 20 months old, so everything above about the business is history rather than a current read.
What would change these counts: the close crossing its 200-day average, which is 3 tonight and moves every session.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.
What is working, what is not
from the filings and from the price, with the figure behind every line
Working2
Revenue +36.5% year on year, Rs 9 cr to Rs 12 cr.
+36.5%Rs 9 crRs 12 cr
Net profit +17.2% year on year, Rs 0 cr to Rs 0 cr.
+17.2%Rs 0 crRs 0 cr
Needs watching7
Profit grew slower than revenue, +17.2% against +36.5%.
+17.2%+36.5%
Trading 43.9% below its 200-day simple average.
-43.9%
61% below its 52-week high.
-61%
Only 0.0% above its 52-week low.
0.0%
Down 53.4% over the past year.
-53.4%
A warning rule fires on it tonight: near a 52-week low.
Near a 52-week low
Only ₹0.5 crore changes hands on a median day. A large order moves this price by itself.
₹0.5 cr
Every figure here is computed — from the company’s own filings, or from its own closing prices. The wording is generated directly from the figures.
What the scans say today
2 of 57 matched on 11 Sep
GANGAFORGE matches 2 of the 57 scans today, across 2 different kinds of evidence. It is in none of the 19 published portfolios on the arena tonight.
These figures are 20 months old. The most recent quarter the exchange feed publishes for this company ended 2024-12-31. Treat the growth rates below as history, not as a current read — the business may look quite different now.
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.
Going for it
revenue grew 36% against the same quarter a year earlier
profit rose 17% year on year
net margin narrowed from 2.4% to 2.3%
revenue rose in 3 of the last 4 quarters
Going against it
nothing clear in the filed numbers
Quarter-by-quarter numbers, as filed
Quarter
Revenue
Profit before tax
Net profit
EPS
Net margin
Q3 FY25
31 Dec · standalone
12
0
0
0.02
2.3%
Q2 FY25
30 Sep · standalone
12
0
0
0.02
2.4%
Q1 FY25
30 Jun · standalone
9
0
0
0.01
2.3%
Q4 FY24
31 Mar · standalone
10
0
0
0.00
-0.2%
Q3 FY24
31 Dec · standalone
9
0
0
0.02
2.7%
Q2 FY24
30 Sep · standalone
9
0
0
0.02
2.6%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.
Valuation against its own history
474 sessions since 19 August 2024
43×
median 68×
176×
now 29×
GANGAFORGE trades at 29× trailing earnings, below its median of 68× over this window — 57% less expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.
How it is priced against the universe
tonight’s multiples, ranked against every company we scan
Measure
Tonight
Where it ranks
Price to earnings
trailing four quarters of profit
29.5×
cheaper than 47% of scanned companies
Price to sales
trailing four quarters of revenue
0.51×
cheaper than 93% of scanned companies
Earnings yield
3.4%
profit as a share of the market value — the P/E upside down
P/E to growth
1.71
the multiple divided by the year-on-year profit growth rate
Value composite
30
average percentile across the three multiples; 0 is the cheapest company scanned, 100 the dearest
Quality checklist
five of Piotroski’s nine tests, the ones Indian filings support
2 of 5
✓ profitable over four quarters✗ cash conversion above 100%✗ borrowings under half of equity✗ margin up on a year ago✓ revenue up on a year ago
A low multiple is a statement about expectations, not about quality: the market usually expects less from a cheap company, and is often right. These are rankings, not fair values.
Who bought size here
bulk and block deals disclosed to NSE and BSE, internal transfers removed
Over the last 40 sessions the disclosed tape in GANGAFORGE reads Distributed: buying dominated on 0 sessions and selling on 2, of 2 with any disclosure. Net -4,573,289 shares (-3.39% of the equity), ₹0.8cr at the prices dealt. The largest seller was NEO APEX SHARE BROKING SERVICES LLP, a company, on 2 separate sessions. The stock has moved -6.5% since the first of these deals.
Session by session, last 40 sessions · up and green when more shares were bought than sold, down and red when more were sold, a flat mark where nothing was disclosed
20 Jul11 Sep
Session
Side
Counterparty
Shares
Price
Value
28 Aug
Sold
NEO APEX SHARE BROKING SERVICES LL
broker · NSE
2,620,038
1.61
₹0.4cr
27 Aug
Sold
NEO APEX SHARE BROKING SERVICES LL
broker · NSE
1,953,251
1.69
₹0.3cr
How to read this. A bulk deal is a single trade of more than half a percent of the company’s shares; a block deal is a large trade negotiated off the order book. Both must be disclosed the same day, with the counterparty’s name. When the same name appears on both sides of the same stock on the same day it is an internal transfer and is removed before anything here is counted. Who the counterparty is comes from its name and is a guess. Across every disclosed buy on file, the stock was +0.09% against the market 20 sessions later on average, ahead of it 41% of the time, over 1,370 deals. After a disclosed sell: -1.34% against the market, ahead 41% of the time, 1,439 deals. A disclosure says what someone did, not why, and nothing here says what happens next. Full tape on the Who bought size page.
Where the price stands
the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average-28.2%
Versus 200-day average-43.9%
Below 52-week high60.7%
Above 52-week low0.0%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)28.7
Higher closes in last 51 of 5
Six-month return−52.12%
Risk and liquidity
What a position costs to hold and to exit. Delivery is the share of the day’s volume taken into demat rather than squared off; trade size says whether the day’s tickets were large or small.
Typical daily swing (ATR)6.06%
What ₹1 lakh here moves on a normal dayabout ₹6,058