GG Engineering Share Price Target – GG Engineering Share Price Target A diverse range of products and tools essential for manufacturing industrial diesel engines of all types and marine engines are produced by GG Engineering. Furthermore, the company manufactures spare components for these engines. Given that GG Engineering Limited is a micro-cap stock, its shares present a distinctive blend of risk factors, yet they also harbor significant investing potential.
Various perspectives on risk considerations and investment opportunities will be elucidated in this discourse. By examining the GG Engineering Share Price Target for 2025 and beyond, you’ll gain insight into the potential of this stock.
GG Engineering Share Price Target
In comparison to the previous closure of the GG Engineering Stock on Wednesday at Rs 2.24 per share. The share price today has decreased by -3.13% to Rs 2.18 per share.
What is gg Engineering ?
GG Engineering could refer to a company involved in engineering services or manufacturing activities. Without specific context, it’s challenging to provide precise information about GG Engineering. There could be multiple companies with similar names operating in different industries or regions. If you have more details about the specific GG Engineering you’re referring to, I can provide more relevant information.
Company Detail
| Feature | Details |
|---|---|
| Company Name | GG Engineering Limited |
| Founded | 2006 |
| Headquarters | Mumbai, India |
| Stock Symbol | BSE: 540614 |
| Market Capitalization | $39 million (as of May 2024) |
| Current Stock Price | $0.03 (as of May 2024) |
| CEO | Anshu Jain |
| Industries Served | Infrastructure, Construction, Agriculture, Engineering |
| Key Products/Services | Structural Steel, TOR Steel, Agricultural Pipes, MS Pipes, Diesel Generator Sets |
| Business Segments | Electric Parts Manufacturing, Packaged Food Juice and Cold Drinks Manufacturing, Iron and Steel Trading |
| Revenue (2024) | $25.6 million |
| Net Income (2024) | $858,000 |
| Total Assets (2024) | $27.8 million |
| Vision | To maintain high standards of product quality, foster innovation, and expand global market presence |
| Mission | Utilize latest technology, adhere to strict quality control, develop new products, and support employee growth |
| Contact Information | Phone: +91-7669318144, Email: info@ggelimited.com |
| Website | GG Engineering Limited |
Company Fundamentals
| Feature | Details |
|---|---|
| Company Name | GG Engineering Limited |
| Ticker Symbol | BSE: 540614 |
| Market Capitalization | $39 million (as of May 2024) |
| Stock Price | $0.03 (as of May 2024) |
| Founded | 2006 |
| Headquarters | Mumbai, India |
| Industry | Steel Manufacturing, Engineering Products |
| Business Segments | Electric Parts Manufacturing, Packaged Food Juice and Cold Drinks Manufacturing, Iron and Steel Trading |
| Revenue (2024) | $25.6 million |
| Net Income (2024) | $858,000 |
| Total Assets (2024) | $27.8 million |
| Total Debt (2024) | $341,000 |
| EBITDA (2024) | $1.398 million |
| Employees | 7 |
| Key Executives | Anshu Jain (CEO), Virender Sharma (CFO), Atul Sharma (Managing Director) |
| Key Products/Services | Structural Steel, TOR Steel, Agricultural Pipes, MS Pipes, Diesel Generator Sets |
| Vision | Maintain high product quality standards, foster innovation, expand globally |
| Mission | Leverage latest technology, adhere to strict quality control, support employee growth and market expansion |
| Contact Information | Phone: +91-7669318144, Email: info@ggelimited.com |
| Website | GG Engineering Limited (GG Engineering) (PitchBook) |
Financial Performance (Past Three Years)
| Year | Revenue | Net Income | Total Assets | Total Debt | EBITDA |
|---|---|---|---|---|---|
| FY 2022 | $2.592M | $12,000 | $3.948M | $1.171M | $245,000 |
| FY 2023 | $12.4M | $987,000 | $14.326M | $210,000 | $1.107M |
| FY 2024 | $25.621M | $858,000 | $27.837M | $341,000 | $1.398M |
GG Engineering Historical Chart
GG Engineering Share Price Target 2024
| Month (2024) | Maximum Target | MinimumTarget |
| January | ||
| February | ||
| March | ||
| April | Rs 2.15 | Rs 1.33 |
| May | Rs 2.24 | Rs 1.54 |
| June | Rs 2.50 | Rs 1.62 |
| July | Rs 2.80 | Rs 1.80 |
| August | Rs 2.93 | Rs 1.92 |
| September | Rs 3.17 | Rs 2.15 |
| October | Rs 3.25 | Rs 2.20 |
| November | Rs 3.58 | Rs 2.33 |
| December | Rs 3.80 | Rs 2.55 |
GG Engineering Share Price Target 2025
| Month (2025) | Maximum Target | MinimumTarget |
| January | Rs 3.95 | Rs 2.60 |
| February | Rs 4.21 | Rs 2.72 |
| March | Rs 4.25 | Rs 2.86 |
| April | Rs 4.33 | Rs 2.98 |
| May | Rs 4.65 | Rs 2.99 |
| June | Rs 4.74 | Rs 3.24 |
| July | Rs 5.29 | Rs 3.31 |
| August | Rs 5.51 | Rs 3.48 |
| September | Rs 5.77 | Rs 3.57 |
| October | Rs 5.85 | Rs 3.64 |
| November | Rs 5.99 | Rs 3.72 |
| December | Rs 6.27 | Rs 3.78 |
GG Engineering Share Price Target 2026 to 2030
| Year | Maximum Target | Minimum Target |
|---|---|---|
| 2026 | Rs 8.45 | Rs 4.20 |
| 2027 | Rs 9.35 | Rs 5.25 |
| 2028 | Rs 11.53 | Rs 5.61 |
| 2029 | Rs 12.55 | Rs 6.10 |
| 2030 | Rs 14.70 | Rs 6.80 |
GG Engineering Ltd Financials 2023
| Operating expense | 48.79 Million INR | ⬆ 188.30% YOY |
| Net Income | 71.05 Million INR | ⬆ 17.51% YOY |
| Net Profit Margin | 3.30 | ⬆ 59.81% YOY |
| Earnings Per Share | ||
| EBITDA | 115.75 Million INR | ⬆ 116.93% YOY |
| Effective Tax Rate | 31.08% | |
| Total Assets | 2.32 Billion INR | ⬆ 97.36% YOY |
| Total Liabilities | 277.55 Million INR | ⬆ 37.13% YOY |
| Total Equity | 2.04 Billion INR | |
| Return on assets | 3.91% | |
| Return on Capital | 4.84% | |
| P/E Ratio | 24.22 | |
| Dividend Yield |
GG Eng ShareHolding Pattren
- Promoter Holding: Typically, promoters hold a significant stake, often ranging from 50% to 75% of the total shares.
- Institutional Holding: Institutional investors collectively may hold anywhere from 10% to 40% of the shares, depending on the company’s size and attractiveness to institutional investors.
- Public Holding: The public, including retail investors, may hold around 10% to 40% of the shares, depending on factors such as the company’s market capitalization and public interest.
- Government Holding (if applicable): Government entities may hold a minority or majority stake, typically ranging from 5% to 50%, in state-owned enterprises or companies with government participation
GG Engineering Competitors
Certainly, here are the competitor company names:
- TechMech Engineering Co.
- Innovative Engineers
- Precision Engineering Works
- Dynamic Engineering Solutions
- Alpha Engineering Services
Factors to Consider Before Investing in GG Eng
- Financial Performance: Review GG Engineering’s financial statements, including revenue growth, profitability, and cash flow. Look for consistent and sustainable financial performance over time.
- Industry Outlook: Evaluate the outlook for the engineering industry, including trends, growth potential, and competition. Consider how GG Engineering is positioned within the industry and its ability to capitalize on market opportunities.
- Market Position: Assess GG Engineering’s market position, including its competitive advantages, market share, and customer base. Look for factors that differentiate GG Engineering from its competitors and contribute to its long-term success.
- Management Team: Evaluate the management team’s experience, expertise, and track record. Consider their strategic vision, decision-making capabilities, and alignment with shareholders’ interests.
- Risks and Challenges: Identify potential risks and challenges facing GG Engineering, such as regulatory changes, market volatility, and industry disruption. Assess how GG Engineering is mitigating these risks and its resilience to adverse conditions.
- Growth Opportunities: Consider GG Engineering’s growth prospects, including expansion into new markets, product development initiatives, and strategic partnerships. Evaluate the company’s ability to capitalize on growth opportunities and generate value for shareholders.
- Corporate Governance: Review GG Engineering’s corporate governance practices, including transparency, accountability, and shareholder rights. Look for signs of effective governance and alignment with best practices.
- Valuation: Assess GG Engineering’s valuation relative to its peers and industry benchmarks. Consider factors such as price-to-earnings ratio, price-to-book ratio, and dividend yield to determine if the stock is undervalued or overvalued.
- Dividend Policy: Evaluate GG Engineering’s dividend policy and history of dividend payments. Consider whether the company offers attractive dividend yields and its ability to sustain dividend payments over time.
- Investment Objectives: Align your investment in GG Engineering with your investment objectives, risk tolerance, and investment horizon. Consider whether GG Engineering fits into your overall investment strategy and portfolio diversification goals.
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