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

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.


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