G G Engineering Ltd Aiming 150 % Upside move#GGEngineeringLtd Aiming 150 % Upside move..this is a small cap stock listed on BSE. Giving chance to gain huge profit.
DYOR
GGENG trade ideas
GG ENGINEERING LTD - BEST GROWING PENNY STOCKCan Enter at CMP 2.58 or Wait for 3.15 level
Targets - 5,6.84,8.20+
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GGeng Looking Strong for multifold returnsGGeng Looking Strong for multifold returns
Taken Strong Support From Rock Bottom Levels
Closed Above 88% Fibo Zone
Broken & Retested Monthly Resistance TL
Given Monthly HAC Buy
GG ENGINEERING LTDGG ENGINEERING LTD (1M)
CMP 1.91
• Long Term Bet like Hero Zero Equity
• Taking Support From Previous base line
• Buyers might get Interested as showing Bounce from support
*********** DISCLOSURE ***********
Not Buy / Sell Recommendation
Do your Own Analysis
Consult your Financial Advisor before any Investment on my view
Invest only that much which you afford to LOSE
**** I might go Completely wrong on My View ****
SECTOR : Capital Goods
INDUSTRY : Electric Equipment
MARKET CAP : 167.98 cr.
CATEGORY : Small Cap
PE : 19.78
INDUSTRY PE : 68.82
About Company
Established in 2006, G G Engineering Limited (BSE: 540614) has been at the forefront of meeting the rising demand for superior Infrastructural & Structural Steel, and Engineering products. The company caters to Structural Steel, Tor Steel, Agricultural Pipes & MS Pipes.
The company was originally incorporated as 'G G Engineering Private Limited in Mumbai, Maharashtra under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated January 23, 2006 issued by the Registrar of Companies, Mumbai, Maharashtra. The company was converted in to a Public Limited Company and consequently the name was changed to G G Engineering Limited' vide fresh Certificate of Incorporation dated 3rd April, 2017 issued by the Registrar of Companies, Mumbai, Maharashtra.
GG Engineering has been established to cater rising demand of quality sheet metal and heavy steel products. Over a period of ten years it is equipped with all facilities to execute all types of manufacturing activities such as punching, forming, shearing, bending, fabrication, welding & assembly etc. It also undertakes servicing and annual maintenance contract for DG sets off all makes.
The company's major customers include Sonali Electrical Sales & Service, RMS International Private Ltd, Raman General Pvt Ltd, Bondre Associates, ATR Enterprises, Prashant Electricals, Ashok Khandelwal, Kumar & Kumar Associates, Ms. Proviso Group, Gupta Builders and Developers.
Business area of the company
GG Engineering is an authorized O.E.A. of Ashok Leylend & Perkins make engine. It manufactures DG Sets in the range of 10 to 2250 KVA. It makes DG Sets with Ashok Leylend Engine ranging from 10 to 250 KVA and with Perkins Engine ranging from 300 to 2250 KVA.
