GANGESSECU
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Recent events
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News
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Corporate Actions
India EMS stocks jump after budget proposes 400 bln rupees outlay for electronics
Updates
** Shares of Indian electronics manufacturing services firms Dixon Technologies DIXO.NS, Kaynes Technology KAYN.NS, Syrma SGSSYRM.NS, Amber Enterprises AMBE.NS rise
** Stocks gain between 3.25% and 4.83% after government proposes increasing outlay for electronic components manufacturing by 400 billion rupees ($4.36 billion)in federal budget
** Government also proposes scaling up manufacturing and boosting semiconductor development
** EMS firms are seen as key beneficiaries of India's push to localise electronics manufacturing
($1 = 91.6710 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru)
(([email protected] | X: https://twitter.com/SurbhiMisra_ |;))
Updates
** Shares of Indian electronics manufacturing services firms Dixon Technologies DIXO.NS, Kaynes Technology KAYN.NS, Syrma SGSSYRM.NS, Amber Enterprises AMBE.NS rise
** Stocks gain between 3.25% and 4.83% after government proposes increasing outlay for electronic components manufacturing by 400 billion rupees ($4.36 billion)in federal budget
** Government also proposes scaling up manufacturing and boosting semiconductor development
** EMS firms are seen as key beneficiaries of India's push to localise electronics manufacturing
($1 = 91.6710 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru)
(([email protected] | X: https://twitter.com/SurbhiMisra_ |;))
Ganges Securities Invests In CFCL Shares For Upto 130 Mln Rupees
June 27 (Reuters) - Ganges Securities Ltd GNGE.NS:
INVESTMENT IN CFCL EQUITY SHARES UPTO 130 MILLION RUPEES
PURCHASE OF 670,000 SHARES OF MORTON FOODS AT 25 RUPEES PER SHARE
Source text: ID:nBSE8DwhbF
Further company coverage: GNGE.NS
(([email protected];;))
June 27 (Reuters) - Ganges Securities Ltd GNGE.NS:
INVESTMENT IN CFCL EQUITY SHARES UPTO 130 MILLION RUPEES
PURCHASE OF 670,000 SHARES OF MORTON FOODS AT 25 RUPEES PER SHARE
Source text: ID:nBSE8DwhbF
Further company coverage: GNGE.NS
(([email protected];;))
Ganges Securities Says Unit's CFO Priyankar Ghosh Involved In Misappropriation Of Funds
March 12 (Reuters) - Ganges Securities Ltd GNGE.NS:
GANGES SECURITIES LTD - UNIT'S CFO PRIYANKAR GHOSH INVOLVED IN MISAPPROPRIATION OF FUNDS
GANGES SECURITIES LTD - PRIYANKAR GHOSH REMOVED AS UNIT'S CFO EFFECTIVE MARCH 12, 2025
GANGES SECURITIES LTD - AMIT SWAIKA APPOINTED AS UNIT'S CFO
GANGES SECURITIES - ESTIMATED AMOUNT INVOLVED IS ABOUT 20 MILLION RUPEES
Source text: [ID:]
Further company coverage: GNGE.NS
(([email protected];))
March 12 (Reuters) - Ganges Securities Ltd GNGE.NS:
GANGES SECURITIES LTD - UNIT'S CFO PRIYANKAR GHOSH INVOLVED IN MISAPPROPRIATION OF FUNDS
GANGES SECURITIES LTD - PRIYANKAR GHOSH REMOVED AS UNIT'S CFO EFFECTIVE MARCH 12, 2025
GANGES SECURITIES LTD - AMIT SWAIKA APPOINTED AS UNIT'S CFO
GANGES SECURITIES - ESTIMATED AMOUNT INVOLVED IS ABOUT 20 MILLION RUPEES
Source text: [ID:]
Further company coverage: GNGE.NS
(([email protected];))
Ganges Securities Re-Appoints Urvi Mittal As MD
Feb 19 (Reuters) - Ganges Securities Ltd GNGE.NS:
RE-APPOINTS URVI MITTAL AS MD
Source text for Eikon: ID:nBSE5RFHym
Further company coverage: GNGE.NS
(([email protected];;))
Feb 19 (Reuters) - Ganges Securities Ltd GNGE.NS:
RE-APPOINTS URVI MITTAL AS MD
Source text for Eikon: ID:nBSE5RFHym
Further company coverage: GNGE.NS
(([email protected];;))
Ganges Securities Re-Appointed Urvi Mittal As MD
May 11 (Reuters) - Ganges Securities Ltd GNGE.NS:
RE-APPOINTED URVI MITTAL AS MD
Source text for Eikon: ID:nBSE6M2f0R
Further company coverage: GNGE.NS
(([email protected];))
May 11 (Reuters) - Ganges Securities Ltd GNGE.NS:
RE-APPOINTED URVI MITTAL AS MD
Source text for Eikon: ID:nBSE6M2f0R
Further company coverage: GNGE.NS
(([email protected];))
Events:
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Popular questions
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What does Ganges Securities do?
Ganges Securities Limited, incorporated in 2015, operates as a Core Investment Company (CIC) investing in securities, primarily of group companies, and immovable properties.
Who are the competitors of Ganges Securities?
Ganges Securities major competitors are Garnet International, Tilak Ventures, Pioneer Investcorp, Maha Rashtra Apex, Dhyana Finstock, Assam Entrade, Hi-Klass Trading. Market Cap of Ganges Securities is ₹123 Crs. While the median market cap of its peers are ₹123 Crs.
Is Ganges Securities financially stable compared to its competitors?
Ganges Securities seems to be less financially stable compared to its competitors. Altman Z score of Ganges Securities is 2.69 and is ranked 5 out of its 8 competitors.
Does Ganges Securities pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Ganges Securities latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Ganges Securities allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Ganges Securities balance sheet?
Balance sheet of Ganges Securities is moderately strong.
Is the profitablity of Ganges Securities improving?
The profit is oscillating. The profit of Ganges Securities is ₹1.69 Crs for TTM, ₹5.06 Crs for Mar 2025 and ₹3.48 Crs for Mar 2024.
Is the debt of Ganges Securities increasing or decreasing?
Yes, The net debt of Ganges Securities is increasing. Latest net debt of Ganges Securities is -₹12.38 Crs as of Sep-25. This is greater than Mar-25 when it was -₹69.56 Crs.
Is Ganges Securities stock expensive?
Yes, Ganges Securities is expensive. Latest PE of Ganges Securities is 72.85, while 3 year average PE is 27.22. Also latest EV/EBITDA of Ganges Securities is 46.05 while 3yr average is 16.97.
Has the share price of Ganges Securities grown faster than its competition?
Ganges Securities has given better returns compared to its competitors. Ganges Securities has grown at ~25.4% over the last 6yrs while peers have grown at a median rate of 16.95%
Is the promoter bullish about Ganges Securities?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Ganges Securities is 66.64% and last quarter promoter holding is 66.64%.
Are mutual funds buying/selling Ganges Securities?
The mutual fund holding of Ganges Securities is stable. The current mutual fund holding in Ganges Securities is 0.01% while previous quarter holding is 0.01%.
