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GG Engineering moves up on bagging order for 25 plastic bottle crushing machine

31 Mar 2020 Evaluate
GG Engineering is currently trading at Rs. 30.60, up by 1.15 points or 3.90% from its previous closing of Rs. 29.45 on the BSE.

The scrip opened at Rs. 29.45 and has touched a high and low of Rs. 30.60 and Rs. 30.50 respectively. So far 2500 shares were traded on the counter.

The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 41.97 on 02-Apr-2019 and a 52 week low of Rs. 17.00 on 19-Nov-2019.

Last one week high and low of the scrip stood at Rs. 30.50 and Rs. 26.00 respectively. The current market cap of the company is Rs. 30.36 crore.

The promoters holding in the company stood at 63.61% while Non-Institutions held at 36.39% respectively.

GG Engineering has obtained order for supply, installation, operation and maintenance of 25 plastic bottle crushing machine with advertisement Right for 5 years at various location of 16 stations over Mumbai divisions from the Western Railway, Mumbai Central for the disposal of Plastics in an efficient way.

GG Engineering manufactures electric power generators. The company develops diesel generators and engines for power management.

Peers
Company Name CMP
Waaree Energies 2627.50
Apar Industries 17496.15
Havells India 1114.80
Suzlon Energy 44.16
Siemens 3960.90
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