Garg Furnace Ltd. (GARGFUR): Garg Furnace Share Price rises 17.79% as stock trades at Rs 176.80
- September 11, 2026
- Posted by: Harsh Piplani
- Category: News
Garg Furnace Share Price rose sharply today, with the stock trading at Rs 176.80, up 17.79% from the previous close of Rs 150.10. The company’s market capitalisation stands at Rs 103.73 Cr, which keeps this move relevant for investors tracking Garg Furnace Share Price Today and Garg Furnace Stock News. According to latest Univest data, the day’s move is confirmed, but it does not establish a company-specific catalyst. That makes the price action itself the key event: a strong share price rise in a small-cap steel name that is now drawing attention in Stocks in News and Top Gainers Today screens. For readers following Garg Furnace Share Price, the next useful checks are valuation, sector positioning and whether the move is supported by broader market interest in the Iron & Steel space.
Garg Furnace Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 176.8 |
| Previous Close | Rs 150.1 |
| Today's Move | Rs 26.7 (+17.79%) |
| Open | Rs 152.9 |
| High | Rs 177 |
| Low | Rs 148.3 |
| Turnover | Rs 0.31 crore |
| Market Capitalisation | Rs 103.73 crore |
| Market Cap Category | Micro Cap |
Garg Furnace Ltd. (GARGFUR) rose to Rs 176.8 from the previous close of Rs 150.1, a move of Rs 26.7 or 17.79%. The stock opened at Rs 152.9, reached a high of Rs 177, recorded a low of Rs 148.3.
Garg Furnace Share Price Today reflects a clear intraday gain rather than a late-session drift. The stock opened at Rs 152.90, touched a high of Rs 177.00 and a low of Rs 148.30, and was last seen at Rs 176.80. That leaves it well above the previous close of Rs 150.10 and close to the day’s high, which is why Garg Furnace Stock News has moved onto market radars. The turnover stood at Rs 0.31 Cr, showing that the move can be read through price action and turnover together, without extending the story beyond verified figures. For traders and long-term readers alike, Garg Furnace Share Price is one of the more notable share price rise events in the Indian Stock Market Today.
Garg Furnace Ltd. (GARGFUR) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 103.73 crore |
| P/E Ratio | 9.36x |
| P/B Ratio | 1.01x |
| ROE | 10.69% |
| ROCE | 10.23% |
| EPS | Rs 16.04 |
| Book Value Per Share | Rs 148.04 |
| Dividend Yield | 0% |
Garg Furnace Ltd. (GARGFUR) fundamental metrics show P/E 9.36x, P/B 1.01x, ROE 10.69%, ROCE 10.23%. These figures provide context only and are not a buy or sell signal.
Garg Furnace Ltd. has a market capitalisation of Rs 103.73 crore and falls in the Micro Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 9.36x, P/B at 1.01x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 10.69% and ROCE of 10.23%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 16.04, book value per share of Rs 148.04, dividend yield of 0%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 20.98x, median ROE of 9.41%, median ROCE of 12.32%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Iron & Steel |
| Industry | Steel & Iron Products |
| Benchmark Scope | same industry |
| Company P/E Ratio | 9.36x |
| Benchmark Median P/E | 20.98x |
| Benchmark Average P/E | 36.99x |
| Benchmark P/E Range | 0.49x to 616.68x |
| Company P/B Ratio | 1.01x |
| Benchmark Median P/B | 1.69x |
| Company ROE | 10.69% |
| Benchmark Median ROE | 9.41% |
| Company ROCE | 10.23% |
| Benchmark Median ROCE | 12.32% |
| Company Market Capitalisation | Rs 103.73 crore |
| Benchmark Median Market Cap | Rs 313.76 crore |
Garg Furnace Ltd. (GARGFUR) is classified under sector: Iron & Steel and industry: Steel & Iron Products.
Garg Furnace Ltd. (GARGFUR) has a P/E ratio of 9.36x, which is below the benchmark median of 20.98x, a difference of -55.39%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Garg Furnace Ltd. (GARGFUR) has a ROE of 10.69%, which is above the benchmark median of 9.41%, a difference of +13.6%. Garg Furnace Ltd. (GARGFUR) has a ROCE of 10.23%, which is below the benchmark median of 12.32%, a difference of -16.96%.
Track stocks leading today through the Univest top gainers screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| JSW Steel Ltd. | JSWSTEEL | 3,20,440.06 | 12.91 | 3.06 | 28.54 | 20.67 |
| Tata Steel Ltd. | TATASTEEL | 2,35,375.56 | 21.04 | 2.25 | 11.44 | 12.7 |
| Steel Authority Of India Ltd. | SAIL | 76,931.03 | 17.79 | 1.23 | 5.66 | 7.08 |
| Welspun Corp Ltd. | WELCORP | 68,795.28 | 31.71 | 7.64 | 19.55 | 23.94 |
| Jindal Stainless Ltd. | JSL | 64,535.57 | 19.35 | 3.07 | 17.51 | 19.19 |
Garg Furnace Ltd. (GARGFUR) has a P/E ratio of 9.36x compared with the displayed peer median of 19.35x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 10.69% compares with a peer median of 17.51% across the companies shown in the table. ROCE stood at 10.23% versus the displayed peer median of 19.19%, providing a capital-efficiency comparison. Garg Furnace Ltd. (GARGFUR) has a market capitalisation of Rs 103.73 crore. Among the 5 peers shown, 5 have a larger market capitalisation.
Why Investors Are Watching Garg Furnace
- Garg Furnace Share Price rose 17.79% and is trading near the day’s high of Rs 177.00.
- The current market cap of Rs 103.73 Cr keeps the stock in a sensitive small-cap category.
- The P/E of 9.36 and P/B of 1.01 make the valuation context worth tracking against steel peers.
- ROE of 10.69% and ROCE of 10.23% give investors a quick read on return quality.
- The move places Garg Furnace Stock News firmly in the day’s Stocks in News and Market Movers list.
About Garg Furnace
Garg Furnace Ltd. operates in the Iron & Steel sector and the Steel & Iron Products industry. The company is part of a business universe where pricing, manufacturing activity and sector cycles can influence sentiment quickly. Garg Furnace Share Price attracts attention because the company sits at a relatively small market cap of Rs 103.73 Cr, so changes in investor interest can show up more clearly in the stock price. The latest Univest figures also show a P/E of 9.36, a P/B of 1.01, EPS of Rs 16.04 and book value of Rs 148.04. Those numbers help frame the company’s basic financial profile for readers looking at Garg Furnace Latest News, Garg Furnace Company News and Garg Furnace Financial Results in one place. For Univest readers, the key point is simple: the business is operating in a competitive steel category, and today’s price rise has brought its valuation back into focus.
Frequently Asked Questions
Why is Garg Furnace Share Price rising today?
Ans. Garg Furnace Share Price rose 17.79% to Rs 176.80 today. The latest Univest data confirms the move, but it does not establish a company-specific catalyst, so the price action itself is the main verified trigger.
What is Garg Furnace Share Price Today?
Ans. Garg Furnace Share Price Today was Rs 176.80, compared with the previous close of Rs 150.10. The stock also opened at Rs 152.90 and touched a high of Rs 177.00 during the move.
How much did Garg Furnace stock gain today?
Ans. Garg Furnace stock gained Rs 26.70 in absolute terms and rose 17.79% from the previous close. That places it among the stronger share price rise names in the market today.
What is Garg Furnace market cap after today’s move?
Ans. Garg Furnace market cap stands at Rs 103.73 Cr. That keeps the company in a small-cap range, where price moves can appear sharper than in larger steel peers.
What is Garg Furnace valuation based on P/E and P/B?
Ans. Garg Furnace trades at a P/E ratio of 9.36 and a P/B ratio of 1.01. Both sit below the industry median for the peer set, which adds valuation context to Garg Furnace Share Price.
How does Garg Furnace compare with steel peers?
Ans. Garg Furnace is much smaller than JSW Steel, Tata Steel, SAIL, Welspun Corp and Jindal Stainless. Its valuation is lower, while ROE and ROCE are mid-pack versus the selected peer set.
What do Garg Furnace EPS and book value show?
Ans. EPS is Rs 16.04 and book value is Rs 148.04. EPS shows earnings attributable to each share, while book value shows accounting net worth behind each share in Garg Furnace Share Price analysis.
Should investors track Garg Furnace Share Price on Univest?
Ans. Yes, investors can track Garg Furnace Share Price on Univest for live price, valuation ratios, company financials, sector context and market insights. It is useful for keeping Garg Furnace Stock News in one place.
Track Garg Furnace Share Price on Univest
Use Garg Furnace Ltd. (GARGFUR) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.
Investors can track Garg Furnace Share Price on Univest for live price updates, key valuation ratios, company financials, sector context and market insights. Univest also helps readers review Garg Furnace Share Price Today alongside Garg Furnace Stock Analysis, Garg Furnace Fundamental Analysis and broader Garg Furnace Stock Performance. If you follow Garg Furnace NSE or Garg Furnace BSE coverage, Univest keeps the same stock page handy for quick checks on price, market cap and recent market update context.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
