GG Engineering Share Price target 2025
GG Engineering manufactures a variety of products and equipment that are necessary for the production of Industrial Diesel Engines of various types and Marine Diesel Engines, including their Spare Parts.
GG Engineering Limited shares provide investors with a lot of investment opportunities as it is a penny stock. However, it comes with its own set of risks. In this post, we will share with you the various perspectives on the various risk factors and prospects for investors. We will also provide the GG Engineering Share price target 2025 and beyond to help you comprehend the potential of the stock.
GG Engineering Latest News
- GG Engineering Share Price Today has been down by -3.13% to Rs 2.18 per share if compared to the previous closer of the GG Engineering Stock on Wednesday at Rs 2.24 per share.
GG Engineering Share Price Target 2021-23
| Year | Maximum Target | MinimumTarget |
| 2021 | Rs 8.64 | Rs 3.53 |
| 2022 | Rs 3.81 | Rs 1.21 |
| 2023 | Rs 2.64 | Rs 0.75 |
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 |
560614: BSE Financials 2023
GG Engineering Market Capitalisation: 225.52 Crores INR
GG Engineering Reserves and Borrowings: 64.43 Cr INR and 2.64 Cr INR (March 2023) Respectively
GG Engineering 52 Week High-Low: Rs 2.97 - Rs 0.87
GG Engineering Ltd Financials 2023
| Revenue | 2.15 Billion INR | ⬆ 105.32% YOY |
| 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 Engineering LTD Competitors (Market Cap: 225.52 crores INR)
Siemens (Market Cap: 218,577.71 crores INR)
ABB India (Market Cap: 147,922.64 crores INR)
Havells India (Market Cap: 104,906.74 crores INR)
CG Power (Market Cap: 99,776.24 crores INR)
Points to consider before investing in GG Engineering NSE Stock
GG Engineering is in competition with the giants in the Engineering Sector like Siemens, ABB India, CG Power, etc. These companies are very large in terms of market capitalisation and it would take them decades if not centuries to be considered as the competitors of small-cap engineering companies like gg engineering share price target Limited. However, investors have the option to look at the positive side of things. GG Engineering share is a stock on the Mumbai Stock Exchange and it has the potential to increase in value. However, investors should always keep their portfolio a bit lighter than they would like, especially for penny stocks, as the risk factors are always high.
GG engineering share price target 2024 shows a significant change in the Engineering company's net income compared to the last two years. In FY22, the company's net income increased by 110% and in FY23, it increased by 9,470% to Rs 86,13 Million. However, in FY2024, its net income decreased by -17,51% and reached Rs 71,05 Million.
On the whole, gg engineering share price target 2023 performance in the financial year FY2024 has been satisfactory, as the company's revenue has witnessed a significant increase in the year-on-year (YoY) comparison, with revenue amounting to Rs 2,15 Billion as compared to Rs 1,05 Billion in the year-earlier fiscal year (FY2023). {Backlinks}
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