Stock GARGFUR6 GARG FURNACE LIMITED
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Company Garg Furnace Limited

Equities

GARGFUR6

INE194E01015

Iron & Steel

Market Closed - Bombay S.E.
Other stock markets
 06:00:56 2024-07-01 EDT 		5-day change 1st Jan Change
285 INR +0.97% Intraday chart for Garg Furnace Limited -1.08% +8.74%
05-30 Garg Furnace Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024 CI
02-19 Garg Furnace Limited announced that it has received INR 136.5 million in funding from BGP 11 Analytics Private Limited CI

Business Summary

Garg Furnace Limited is an India-based company engaged in the business of manufacturing and trading of iron and steel products, such as mild steel rounds, ingots, wire rods, and others. The Company’s furnace division manufactures steel billets and ingots. It offers billets in various sizes, such as 80 x 80 square millimeter (sq.mm), 100 x 100 sq.mm, 125 x 125 sq.mm, and 150 x 150 sq.mm. In its rolling division, alloy and non-alloy round steel bar / square bars of different sizes are manufactured.

Number of employees: 74

Sales per Business

INR in Million2022Weight2023Weight Delta
Non Alloy Steel Round
52.3 %
1,004 56.2 % 1,246 52.3 % +24.07%
Wire Rod
17.0 %
374 20.9 % 406 17.0 % +8.56%
Billets
13.2 %
141 7.9 % 313 13.2 % +122.38%
Traded Goods
6.4 %
- - 153 6.4 % -
Others
4.4 %
223 12.5 % 104 4.4 % -53.38%
M.S. Scrap
4.2 %
- - 100 4.2 % -
End Cutting
1.9 %
44 2.5 % 46 1.9 % +4.69%
Alloy Steel Round
0.6 %
- - 13 0.6 % -

Sales per region

INR in Million2022Weight2023Weight Delta
India
100.0 %
1,786 100.0 % 2,382 100.0 % +33.40%

Managers

Managers TitleAgeSince
Toshak Garg CEO
 Chief Executive Officer 32 11-07-29
Devinder Garg CEO
 Chief Executive Officer 60 88-01-18
Gurmeet Singh Battu DFI
 Director of Finance/CFO - 16-01-24
Supreena Tagra CMP
 Compliance Officer - 22-07-14

Members of the board

Members of the board TitleAgeSince
Devinder Garg CEO
 Chief Executive Officer 60 88-01-18
Vaneera Garg BRD
 Director/Board Member 58 10-04-30
Amandeep Kaur BRD
 Director/Board Member 35 23-03-30
Purti Katyal BRD
 Director/Board Member - 23-08-13

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 4,610,700 963,394 ( 20.89 %) 0 20.89 %

Company contact information

Garg Furnace Ltd.

Kanganwal Road, V.P.O. Jugiana G. T. Road

141120, Ludhiana

+

http://www.gargfurnacelimited.com
address Garg Furnace Limited(GARGFUR6)

Sector

Basic Materials
Mineral Resources
Metals & Mining
Iron & Steel
Iron, Steel Mills & Foundries

Sales per Business

Sector Iron, Steel Mills & Foundries

1st Jan change Capi.
GARG FURNACE LIMITED Stock Garg Furnace Limited
+8.74% 15.6M
JSW STEEL LIMITED Stock JSW Steel Limited
+7.18% 27.18B
BAOSHAN IRON & STEEL CO., LTD. Stock Baoshan Iron & Steel Co., Ltd.
+14.00% 19.86B
JINDAL STEEL & POWER LIMITED Stock Jindal Steel & Power Limited
+41.63% 12.78B
CHINA STEEL CORPORATION Stock China Steel Corporation
-14.63% 10.85B
CITIC PACIFIC SPECIAL STEEL GROUP CO., LTD Stock Citic Pacific Special Steel Group Co., Ltd
-1.14% 9.42B
BHARAT FORGE LIMITED Stock Bharat Forge Limited
+34.49% 9.32B
INNER MONGOLIA BAOTOU STEEL UNION CO., LTD. Stock Inner Mongolia Baotou Steel Union Co., Ltd.
-0.68% 8.75B
JINDAL STAINLESS LIMITED Stock Jindal Stainless Limited
+41.81% 8.12B
TERNIUM S.A. Stock Ternium S.A.
-13.09% 7.37B
Iron, Steel Mills & Foundries
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