G G Engineering is currently trading at Rs. 110.00, up by 1.25 points or 1.15% from its previous closing of Rs. 108.75 on the BSE.
The scrip opened at Rs. 111.00 and has touched a high and low of Rs. 111.50 and Rs. 106.15 respectively. So far 92475 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 144.00 on 16-Feb-2021 and a 52 week low of Rs. 37.60 on 13-May-2020.
Last one week high and low of the scrip stood at Rs. 111.90 and Rs. 101.50 respectively. The current market cap of the company is Rs. 110.27 crore.
The promoters holding in the company stood at 53.67%, while Institutions and Non-Institutions held 8.47% and 37.85% respectively.
G G Engineering, with a view to increase its product line, has commenced manufacturing of GG ECO, a fully automated system to manage the Wet/Organic/Food/Garden Waste at site through the most labor free, energy efficient, space efficient process. The GG ECO has 'Feed and forget' system and it converts Food and Garden Waste to Soil amendment within 24 hours.
The product is completely manufactured in India. The Product will increase awareness and focus of Government of India as well as State Governments on management of waste in an efficient way and will upsurge the demand of this product, whereby it expects to carve a niche in the segment.
G G Engineering manufactures electric power generators. The company develops diesel generators and engines for power management.
| Company Name | CMP |
|---|---|
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| Havells India | 1469.50 |
| Apar Inds | 5109.20 |
| Waaree Energies | 2191.15 |
| ABB India | 5096.10 |
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MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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