Today in this post I will predict GG Engineering Share Price Target (2024, 2025, 2026, 2027, 2028, 2030, 2050)
I have researched about this stock and I found major reason which will leads huge changes in the price of this share.
Now will the change leads to profit or loss we will know by predicting GG Engineering Share Price Target 2025 To 2050.
So let’s dive right into the prediction.
Company Overview
G G Engineering Limited is an Indian company which manufactures various products like industrial diesel generator sets, engines for different applications, marine engines, and spare parts for diesel gensets.
| Company Name | G G Engineering Limited |
| Founded | 1995 |
| Headquarters | Pune, India |
| Industry | Engineering |
| Key Products |
|
| Website | ggelimited.com |
| CEO | Anshu Jain |
Also they are having both local and international markets. They operate through two main segments: Iron and Steel Trading and Manufacturing of Packaged Food, Juice, and Cold Drinks.
The company’s Iron and Steel Trading segment is involved in iron and steel metal trading from their location in Ghaziabad and Uttar Pradesh.
Also they manufacture packaged food, juices and cold drinks through their Manufacturing plants. This operates from a manufacturing plant located at Rai Industrial Estate in Sonipat District, Haryana.
The range of products offered by G G Engineering Limited includes TMT Steel Bars, TOR Steel, Industrial Engines, and Marine Engines.
GG Engineering Financial Trends
The financial trends are increasing for GG Engineering and there profit grown 4000% in this year which is huge for a company as they had 0.44 Cr Rupees in 2022 and in 2023 they grow from this to 8.66 Cr Rupees.
Seeing the company’s fundamental we can say they are going to boom the market in future.
98.03% is owned by public and that’s huge and 1.97% by the promoters then we can say it’s a public company.
Fundamentals
| Company Essentials | Values |
|---|---|
| Market Cap | ₹ 183.82 Cr. |
| Enterprise Value | ₹ 183.79 Cr. |
| No. of Shares | 87.95 Cr. |
| P/E | 19.7 |
| P/B | 1.5 |
| Face Value | ₹ 1 |
| Div. Yield | 0 % |
| Book Value (TTM) | ₹ 1.40 |
| Cash | ₹ 1.75 Cr. |
| Debt | ₹ 1.72 Cr. |
| Promoter Holding | 1.97 % |
| EPS (TTM) | ₹ 0.11 |
| Sales Growth | 557.47 % |
| ROE | 17.83 % |
| ROCE | 19.06 % |
| Profit Growth | 4,021.02 % |
| Year | Minimum Price In Rs | Maximum Price In RS |
|---|---|---|
| GG Engineering Share Price Target 2024 | 2.45 | 3.10 |
| GG Engineering Share Price Target 2025 | 3.11 | 5.06 |
| GG Engineering Share Price Target 2026 | 5.10 | 7.07 |
| GG Engineering Share Price Target 2027 | 7.08 | 8.08 |
| GG Engineering Share Price Target 2028 | 8.06 | 11.06 |
| GG Engineering Share Price Target 2029 | 11.07 | 14.07 |
| GG Engineering Share Price Target 2030 | 14.07 | 15.01 |
| GG Engineering Share Price Target 2040 | 20.01 | 25.06 |
| GG Engineering Share Price Target 2050 | 30.05 | 35.06 |
We have seen many factors and come to a answer that in 2024, GG Engineering Share Price Target 2024 will be from 2.45 to 3.10 Rs.
Only 1 Rs will increase for this share but yes in percentage it is 50% which is good for a penny stock.
Now seeing the growth from 2022 to 2023 GG Engineering Share Price Target 2025 will be from 3.11 to 5.06 Rs and this year will be the best for this stock as it will grow its price by 2 Rs.
That is 63.2258% growth for a stock and yes it is also a good one for a penny stock.
We are predicting GG Engineering Share Price Target 2030 that is 6 years in future which is a hard task but as per our research and some guesses we find that the price will be from 14.07 to 15.01 Rs.
Which is 6% growth not that much as per 2025 price but note it’s growing there is no loss can be seen.
So want to after 26 years what will be GG Engineering Share Price Target 2050 so here it is.
According to my reports and research I can give you a idea that it will grow from 30.05 to 35.06 Rs.
Make sure to do more research on it before buying selling or making a decision to hold.
FAQ You May Ask Us
What is GG Engineering’s 52-week high and low?
The 52-week high for GG Engineering is ₹2.42 and the 52-week low is ₹0.92.
What is the average price target 2025 for GG Engineering?
The average price target for GG Engineering is ₹4.08.
The following factors could affect GG Engineering’s share price in the future:
The overall performance of the Indian stock market.
The performance of the global engineering market.
The company’s financial performance.
What experts predict is helpful, but it’s not always 100% right. Many other factors can change the share price.
Conclusion
So finally we discussed all about GG Engineering Share Price Target (2024, 2025, 2026, 2027, 2028, 2030, 2050).
We have also discussed all about its fundamentals, financials, company model and many more.
Also read:
Comment what is your Target price for this price for the year 2025.
