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Small Cap

Ganesh Green Bharat Share Price

Ganesh Green Bharat Ltd.

345.05

-7.45(-2.11%)
27th May 2026 | 3:28 PM
NSE : GGBL
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Ganesh Green Bharat Performance

Price Movement

₹345.05

₹345.00

₹365.00

Today's LowToday's High

1 Year Performance

₹345.05

₹215.00

₹555.00

52 Week Low52 Week High

Markets Today

High₹365.00
Low₹345.00
Open at₹352.50
Prev Close₹352.50
Volumes53.40 K
Avg Price₹354.80
Lower Circuit₹282.00
Upper Circuit₹423.00

Historical Performance

3M High₹371.90
3M Low₹215.00
1 Yr High₹555.00
1 Yr Low₹215.00
3 Yr High₹635.00
3 Yr Low₹215.00
5 Yr High₹635.00
5 Yr Low₹215.00

Ganesh Green Bharat Fundamentals

Market Cap
Below industry Median
866.90 Cr.
PE Ratio (TTM)
Below industry Median
11.50
Dividend Yield
0
Net Profit TTM
Net profit TTM
-
Net Profit Growth
Net profit TTM
-
PEG Ratio
-
ROE
82.1% incr over last year
26.82
Operating Revenue TTM
-
Operating Revenue Growth
Operating Revenue TTM
Book Value
Below industry Median
3.60
MFI
MFI is mid-range
57.55
RSI
RSI is mid-range
56.70
EPS (TTM)
30.31
Debt to Equity
0.19
Face Value
-
Operating Profit Margin Qtr.
10.64
Operating Profit Qtr.
-
Net Profit Qtr.
-
Operating Revenue Qtr.
-
PB Ratio
3.60

Ganesh Green Bharat Financials

Data not available for chart

Indicator
No Record Found

Ganesh Green Bharat Technicals

Ganesh Green Bharat Ltd. EMA & SMA

345.05

-7.45 (-2.11%)

Bullish Moving Average

14

Bearish Moving Average

2

Day EMA5 ₹349.8
Day EMA10 ₹345.7
Day EMA12 ₹344.3
Day EMA20 ₹337.8
Day EMA26 ₹332.8
Day EMA50 ₹318.2
Day EMA100 ₹316.5
Day EMA200 ₹339.9

Ganesh Green Bharat Support and Resistance

Resistance

First Resistance₹361.37
Second Resistance₹373.18
Third Resistance₹381.37

Support

First Support₹341.37
Second Support₹333.18
Third Support₹321.37

Technical Indicators

Day RSI56.70
Day MFI57.55
Day ADX20.74
Day Commodity Channel Index102.00
William-39.31
Day MACD11.50
Day MACD Signal Line12.01
Day ATR19.47
Day ROC125-15.45
Day ROC212.18

About Ganesh Green Bharat Share Price

Ganesh Green Bharat Limited, with its corporate operations in Ahmedabad, Gujarat, functions as a solar energy company in the renewable energy sector . The company manufactures solar photovoltaic modules and provides engineering, procurement, and construction services for solar power projects . Ganesh Green Bharat also offers solar home lighting systems, street lighting systems, solar pumps, and lithium battery products . The company serves residential, commercial, industrial, and utility-scale customers across India.

Ganesh Green Bharat share price on NSE and BSE signifies how market participants react to the company’s operational performance and the overall developments in the renewable energy sector. The company’s financial health depends on order flow from government agencies, project execution efficiency, and the company’s ability to manage raw material costs. Ganesh Green Bharat stock price is influenced by various factors such as earnings, order book size, and government policies on solar energy adoption. In the longer run, strategies such as capacity expansion and new product development affect the stock market sentiments. All these factors need to be monitored closely to have an idea about the company’s stock price movements.

Ganesh Green Bharat live share price provides real-time information about the last price traded, bid and ask prices, and volume traded. These indicators represent market activity and liquidity, reflecting investor response to corporate announcements, economic conditions, and sector news. Constant monitoring of the Ganesh Green Bharat live share price helps in observing short term price volatility and shows how a stock moves relative to the broader market. Furthermore, monitoring Ganesh Green Bharat share price today helps investors understand real-time market sentiment, price fluctuations, and trading behaviour. It allows them to evaluate short-term performance, and respond to news, quarterly results, or sector trends that may influence the company’s valuation and overall investment outlook.

Ganesh Green Bharat Fundamentals

1. Company Background

Ganesh Green Bharat Limited is an infrastructure and renewable energy company incorporated in 2016. The company is headquartered in Ahmedabad, Gujarat, India. It operates primarily in the engineering, procurement and construction (EPC) segment with a focus on solar power projects and water infrastructure. The company undertakes turnkey projects including design, supply, installation, testing, and commissioning. Its operations are largely driven by government and institutional projects, particularly in the renewable energy and rural water supply segments. Over time, the company has expanded its execution capabilities across multiple states in India, focusing on solar installations and allied infrastructure development.

2. Company Product Lines

  • Solar EPC Services
    • Design, engineering, procurement, and installation of rooftop and ground-mounted solar power systems
  • Solar Water Pumping Systems
    • Supply and installation of solar-powered agricultural and drinking water pumps
  • Water Infrastructure Projects
    • EPC services for water supply schemes including pipelines and distribution systems

3. Company Revenue Model

  • EPC Project Execution
    • Revenue from turnkey contracts involving design, procurement, installation, and commissioning
  • Operation & Maintenance (O&M) Services
    • Income from maintenance of installed solar and water infrastructure systems
  • Equipment Supply
    • Revenue from supply of solar-related components as part of project execution

4. Geographic Presence

  • Headquarters
    • Ahmedabad, Gujarat, India
  • Operational Presence
    • Execution of projects across multiple states in India, particularly in western and northern regions
  • Project-Based Reach
    • Presence driven by government and institutional contracts under renewable energy and water schemes

5. Key Milestones

  • 2016: Incorporation of the company
  • 2010s–2020s: Execution of solar EPC and water infrastructure projects across India
  • 2024: Listing on the SME platform of Indian stock exchanges

6. Industry Perspective

The renewable energy outlook is highly positive, driven by national non-fossil capacity targets and the push for decentralized solar power. As the energy ecosystem modernizes, the role of specialized EPC firms becomes crucial in managing complex grid networks. Industry trends suggest a strong shift toward integrated hybrid platforms where real-time generation tracking is a key component.

However, the sector faces headwinds from volatile raw material prices and potential land acquisition delays that could impact project timelines. Vendors that leverage robust technology to offer seamless execution are likely to maintain high retention rates among state utility partners.

Ganesh Green Bharat Limited Stock Market Presence: Listings & Index Representation

Ganesh Green Bharat is listed on the NSE SME Emerge platform with the symbol GGBL. The company’s market presence is within the SME segment of the market, which is for small and medium enterprises. Due to its size and sector focus, Ganesh Green Bharat stock price is generally tracked by investors interested in the renewable energy and solar manufacturing industry. The company is part of indices that track the SME and green energy sector, reflecting its relevance in India’s growing solar energy ecosystem.

Ganesh Green Bharat Limited Stock Performance and Share Price History

Ganesh Green Bharat share price on NSE reflects its status as a solar energy company in the SME segment. Performance is driven by revenue growth, order book from government agencies, capacity utilization, and the company’s ability to maintain profit margins. Investors compare Ganesh Green Bharat share price today with other solar energy and renewable energy companies to gauge relative performance.

These underlying factors are often visible through real market movements across different periods. Similar trends are observed during earnings-driven movements. Broader sector strength has also played a role in supporting Ganesh Green Bharat share price. In addition to operational and sector-led factors, the company’s IPO listing itself had a significant impact on Ganesh Green Bharat share price movements. . This shows how the listing event triggered initial price formation, even within a competitive renewable energy industry influenced by government policies and technological changes.

While short-term movements reflect events and announcements, longer-term valuation trends are visible through Ganesh Green Bharat share price 52-week high and low, providing context beyond daily or weekly changes. Highs indicate strong demand for solar products and stable margins, while lows align with market corrections or sector volatility. These levels capture impacts of economic growth, renewable energy adoption, and earnings visibility, providing context for the stock’s historical performance since its listing.

Ganesh Green Bharat’s stock performance reflects the trading behaviour of a recently listed SME solar energy company operating within India’s renewable energy sector.Ganesh Green Bharat’s stock performance over time has closely followed the company’s own financial growth trajectory and the renewable energy sector trends. For instance, the Ganesh Green Bharat share price reached an all-time high above rupees at one point, supported by strong investor confidence and the company’s consistent revenue and profit growth. Over its short history as a listed entity, the stock has delivered returns that reflect the market’s reception to the company’s growth story in the solar energy sector.

During the COVID-19 disruptions, the company was operating as a private entity before its public listing. The company continued its operations and grew its business during this period. The company’s revenue increased from 90.60 crore rupees in FY2023 to 171.96 crore rupees in FY2024, showing consistent growth through and after the pandemic period . The company’s ability to secure orders from government agencies under schemes like the PM-KUSUM and Surya Shakti Yojana helped it maintain growth momentum .

Ganesh Green Bharat share price has seen decreases due to several recurring reasons. A decline in government spending on solar projects or changes in import duties on solar panels directly impacts order flow and leads to selling pressure. Fluctuations in the price of solar cells and modules, which form a major raw material cost, affect profit margins and investor sentiment. Furthermore, any increase in operational costs without a matching rise in selling prices squeezes the company’s profitability, making the stock less attractive. Periods of economic slowdown that affect capital spending by commercial and industrial customers raise concerns about future demand, leading to a drop in Ganesh Green Bharat share price. The stock is also sensitive to delays in project execution or payment cycles from government customers, as a significant portion of revenue comes from government contracts. Any delay in receivables can lead to a decrease in Ganesh Green Bharat stock price as investors adjust expectations for working capital requirements. Broader market sell-offs in SME and renewable energy stocks also pull the price down, regardless of the company’s individual performance. A decrease in capacity utilization or lower margin on EPC projects directly hurts the company’s profitability, resulting in a lower valuation for Ganesh Green Bharat share price. The stock has shown significant volatility since listing, with the price moving from its IPO price to a 52-week high of 555 rupees and then correcting to lower levels, showing a decline from its peak .

Ganesh Green Bharat Limited Investor Relevance and Role in Portfolio

Ganesh Green Bharat is a holding in SME and renewable energy focused portfolios, offering exposure to the solar manufacturing and EPC sector. The company’s focus on solar modules and project execution links its performance to the government’s push for renewable energy adoption. The company’s recent IPO and subsequent financial performance make it a consideration for investors looking at newly listed SME stocks in the green energy space.

Ganesh Green Bharat equity is held by a mix of promoters and public investors, reflecting its standing in India’s renewable energy sector. Promoters hold approximately 73.42 percent of the company’s equity as of September 2025 . The promoter group has maintained a stable majority stake since the IPO, with holdings remaining consistent at 73.42 percent across multiple quarters .

Prominent mutual fund holders are not significantly present in the company’s shareholding pattern, with mutual funds holding zero percent as of September 2025 . Foreign institutional investors hold approximately 1.41 percent of the company as of September 2025, which has decreased from higher levels at the time of listing . Other domestic institutions hold around 0.55 percent of the company . Retail and other investors hold approximately 24.62 percent of the company’s equity as of September 2025, up from 19.78 percent at the time of listing . This broad investor base with increasing retail participation underscores the company’s role as a holding for individual investors interested in the renewable energy sector.

Beyond fundamentals and ownership, Ganesh Green Bharat stock is not actively monitored in derivatives markets, as it does not meet the liquidity or size criteria for futures and options trading. The stock trades on the NSE SME platform, which has different listing requirements than the main board . Consequently, indicators like open interest, rollover patterns, and F&O quotes are not available for this stock. Market sentiment is instead gauged through delivery volumes and the stock’s movement relative to other SME renewable energy companies.

Technical indicators such as Ganesh Green Bharat RSI, MACD, and MFI provide additional insight into short-term momentum shifts in Ganesh Green Bharat stock price. While primarily used for near-term trading, these tools can also help traders gauge market sentiment and potential volatility around events like quarterly results. The stock’s price movements show it can experience significant swings, with technical levels providing reference points for short-term fluctuations. The stock’s average weekly movement has been around 9.1 percent, which is higher than the industry average of 7.7 percent .

The beta for Ganesh Green Bharat is not consistently reported across sources due to its recent listing and SME status. As a recently listed stock in the renewable energy sector, the beta is still evolving as the stock establishes its trading history. One source shows a beta of 0.94 . As an SME stock in a growth-oriented sector, the stock can experience company-specific movements that are independent of broader market trends. The stock’s price has shown significant volatility since listing, moving from its IPO price of 190 rupees to a 52-week high of 555 rupees and then correcting to lower levels . This volatility pattern is typical for newly listed companies in the SME segment where liquidity is lower and price discovery is still evolving.

Ganesh Green Bharat Limited Sectoral Relevance and Peer Positioning

Ganesh Green Bharat operates in the Indian renewable energy sector, specifically within the solar photovoltaic module manufacturing and EPC services segment. The company’s relevance comes from its role as a provider of solar modules and turnkey solar project solutions to government agencies, EPC companies, and commercial customers. Peer comparisons within this sector focus on manufacturing capacity, project execution track record, geographical presence, and order book size rather than short-term stock moves. These benchmarks help investors assess operational scale and technical capability. Institutional tracking of solar capacity additions, government policy support, and global solar cell prices further highlights the sector’s dependence on policy and supply chain trends. Key competitors for Ganesh Green Bharat include Solex Energy Limited, Waaree Renewable Technologies Limited, Zodiac Energy Limited, Gensol Engineering Limited, and KPI Green Energy Limited .

Ganesh Green Bharat P/E ratio demonstrates how the market values the company’s earnings relative to its stable revenue streams from solar project execution and module sales. The P/E ratio has varied since the company’s listing, standing at approximately 21.3 times on a trailing twelve month basis according to one source and 26.11 times according to another source . This valuation reflects the market’s assessment of the company’s growth prospects within the renewable energy sector. In comparison, larger peers in the renewable energy space trade at varying multiples, showing the market’s differentiated view of various solar energy companies.

Alongside valuation, Ganesh Green Bharat EPS highlights operational performance and income generation from solar module sales, EPC project execution, and solar pump installations. The basic EPS increased from 4.53 rupees in FY2023 to 17.19 rupees in FY2024 and further to 13.14 rupees in FY2025 on an adjusted basis . On a trailing twelve month basis, the EPS stood at approximately 20.18 rupees in September 2025 . This growth in EPS reflects the company’s improved profitability and its ability to generate higher earnings for its shareholders. For this company, the EPS has shown consistent improvement over multiple years, reflecting the operational scaling and better project execution within the renewable energy space.

Ganesh Green Bharat market cap places it in the small-cap category within the renewable energy industry. The company’s market capitalization has grown since its IPO, reflecting investor confidence in its growth prospects. The market cap stands at approximately 645 crore rupees according to one source and around 574 crore rupees according to another source . This valuation reflects the company’s size relative to larger peers in the renewable energy sector. A smaller market cap often means the stock has lower institutional ownership compared to industry giants. For investors, the market cap serves as a quick measure of the company’s scale and its position in the industry hierarchy, highlighting its growth potential within the renewable energy space.

The earnings trajectory of Ganesh Green Bharat demonstrates consistent growth in the years leading up to its IPO. The company has seen revenue grow from 85.73 crore rupees in FY2023 to 314.91 crore rupees in FY2025 . Profit after tax has followed a similar upward path, moving from 8.14 crore rupees in FY2023 to 29.62 crore rupees in FY2025 . The company’s successful IPO in July 2024 raised funds for debt repayment, capital expenditure for plant and machinery, and working capital requirements . The company continues to execute solar projects under various government schemes across multiple states in India. This pattern reflects the company’s role as a growing player in the competitive Indian renewable energy landscape, where scaling operations and maintaining project execution quality are key to success.

Conclusion

Ganesh Green Bharat functions as a solar energy company providing modules and EPC services for renewable energy projects. Its performance depends on government policies, project execution efficiency, and solar component costs. Ganesh Green Bharat share price will continue to move in relation to these core business drivers. The company’s recent IPO and subsequent financial growth have shaped its short history as a listed entity. Watching Ganesh Green Bharat stock price offers a window into the market’s perception of an SME renewable energy player navigating a growing but competitive industry driven by India’s push for solar power adoption and energy transition goals.

Ganesh Green Bharat Shareholding Pattern

Held BySep 2024Mar 2025Sep 2025Mar 2026
Promoter73.473.473.473.4
FII3.11.41.40
DII2.71.10.60.8
Public20.824.124.625.8

Ganesh Green Bharat Delivery And Volume

PeriodCombined Delivery VolumeNSE+BSE Traded Volume AvgDaily Avg Delivery Volume %
Day30.9 K53.4 K57.87%
Week88.39 K1.35 L65.50%
1 Month38.64 K57.87 K66.77%
6 Month26.84 K39.47 K68.00%

Ganesh Green Bharat SWOT Analysis

Strengths13
Weakness3
Opportunity0
Threats0

Benjamin Graham Value Screen

Buy Zone: Stocks in the buy zone based on days traded at current PE and P/BV

Strong Momentum: Price above short, medium and long term moving averages

Consistent high performing stocks over Five Years

Relative Outperformance versus Industry over 1 Month

Annual Profit Growth higher than Sector Profit Growth

Relative Outperformance versus Industry over 1 Month

Companies with Low Debt

Annual Net Profits improving for last 2 years

Book Value per share Improving for last 2 years

Companies with Zero Promoter Pledge

RSI indicating price strength

Stocks Outperforming their Industry Price Change in the Quarter

Ganesh Green Bharat Corporate Action

Ex-Date
Dividend Amount
Dividend Type
Record Date
Instrument Type
No Record Found

Ganesh Green Bharat Stock Comparison

Financials
Price (₹)₹176₹69.35₹210₹64.95₹115₹131
% Change-6.95%-4.93%-2.91%-0.84%-4.09%0.00%
Revenue TTM (₹ Cr)--₹1,376.16--₹391.63
Net Profit TTM (₹ Cr)--₹120.48--₹-10.04
PE TTM-8.8015.008.6015.10-256.00
1 Year Return0.53-49.01-40.41-14.2741.8814.91
ROCE--19.98-35.231.95

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