GANGAFORGE
Ganga Forging Ltd
Each stock's 10,000-path forecast, rendered as light.
Ganga Forging Ltd (GANGAFORGE) Stock Analysis & Case Study
What the numbers say about GANGAFORGE, and the method behind each one.
Ganga Forging Ltd (GANGAFORGE) trades at ₹3,on the numbers it mixed signals, a Downstox Snapshot Score of 49/100.
On the numbers, Ganga Forging Ltd (GANGAFORGE) mixed signals, a Downstox Snapshot Score of 49/100, weighing inexpensive at 0.8× earnings, ROE of -13.2%, a 48% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
GANGAFORGE fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How GANGAFORGE ranks against the 2,979 companies in our screener
- GANGAFORGE's market cap of 85 Cr ranks in the 13th percentile of the 2,979 NSE companies in our screener, as of 13 Aug 2026.
- GANGAFORGE's book value of ₹1 ranks in the bottom 4% of the 2,979 NSE companies in our screener, as of 13 Aug 2026.
- GANGAFORGE's promoter holding of 35.5% ranks in the 10th percentile of the 2,979 NSE companies in our screener, as of 13 Aug 2026.
- GANGAFORGE's 3-year profit (PAT) growth of -21.0% ranks in the 11th percentile of the 2,979 NSE companies in our screener, as of 13 Aug 2026.
- GANGAFORGE's 3-year revenue growth of 2.0% ranks in the 26th percentile of the 2,979 NSE companies in our screener, as of 13 Aug 2026.
We do not hold a debt-to-equity ratio figure for GANGAFORGE, as of 13 Aug 2026, so it is not ranked here.
Is GANGAFORGE overvalued? GANGAFORGE P/E vs peers
GANGAFORGE trades at 0.8× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
GANGAFORGE share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 7.9y of GANGAFORGE history (6%/yr drift, 57%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| GANGAFORGE 2027 | ₹1 | ₹3 | ₹5 | -2% |
| GANGAFORGE 2028 | ₹1 | ₹3 | ₹7 | -5% |
| GANGAFORGE 2029 | ₹1 | ₹2 | ₹9 | -7% |
| GANGAFORGE 2030 | ₹1 | ₹2 | ₹11 | -10% |
| GANGAFORGE 2031 | ₹0 | ₹2 | ₹12 | -12% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability GANGAFORGE goes up, or doubles?
The bull case for GANGAFORGE
- GANGAFORGE's P/E of 0.8x is lower than 97% of the 2,979 NSE companies in our screener, as of 13 Aug 2026.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹9.
The bear case & risks
- GANGAFORGE's Piotroski F-Score of 1/8 ranks in the bottom 1% of the 2,979 NSE companies in our screener, as of 13 Aug 2026.
- High historical volatility (57%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹1.
GANGAFORGE volatility & expected range, how bumpy is the ride?
Over the last 7.9 years GANGAFORGE compounded at 6%/year with annualized volatility of 57%. That volatility implies a 1-year 80% range of ₹1-₹5, the honest backbone behind any single price target.
GANGAFORGE price forecast, the full 60-month probability fan
GANGAFORGE price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds GANGAFORGE hits common targets within the simulated horizon?
Full multi-horizon detail on the GANGAFORGE price target & forecast page.
GANGAFORGE Piotroski F-Score: 1/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. GANGAFORGE scores 1/8, weak on the financial-strength checks.
About Ganga Forging Ltd: sector, index & market-cap context
Ganga Forging Ltd (GANGAFORGE) is a small-cap NSE-listed company, with a market capitalisation of ₹85 Cr. See more stocks on our screener.
How the GANGAFORGE Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Ganga Forging Ltd's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
GANGAFORGE analysis, FAQs
Is Ganga Forging Ltd (GANGAFORGE) a good buy?
On the numbers, Ganga Forging Ltd (GANGAFORGE) mixed signals, a Downstox Snapshot Score of 49/100, weighing inexpensive at 0.8× earnings, ROE of -13.2%, a 48% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is GANGAFORGE overvalued or undervalued?
GANGAFORGE trades at 0.8× earnings, inexpensive versus the ~22× long-run Nifty average.
What is the GANGAFORGE share price target for 2031?
GANGAFORGE's probability-weighted 2031 median target is ₹2, with an 80% range of ₹0-₹12 (10,000-path Monte-Carlo).
What is the probability GANGAFORGE doubles in 5 years?
The modelled probability of GANGAFORGE reaching ₹5 (2×) within 5 years is 27%.
What is the bull case for GANGAFORGE?
GANGAFORGE's P/E of 0.8x is lower than 97% of the 2,979 NSE companies in our screener, as of 13 Aug 2026.
What are the risks in GANGAFORGE?
GANGAFORGE's Piotroski F-Score of 1/8 ranks in the bottom 1% of the 2,979 NSE companies in our screener, as of 13 Aug 2026. High historical volatility (57%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
More on GANGAFORGE
For information and education only. Downstox is a data and analytics platform, not a SEBI-registered Research Analyst or Investment Adviser. Nothing here is investment advice or a recommendation to buy, sell or hold any security. Any scores, ranks, targets or scenarios are model estimates shown with their method, not forecasts or assured outcomes. Markets carry risk; do your own research and consult a SEBI-registered adviser before investing.