G G Engineering
0.56
-0.01(-1.75%)
Market Cap₹- Cr
PE Ratio-
Company Performance:
1D-1.75%
1M-5.08%
6M-5.08%
1Y-69.23%
5Y-91.36%
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More news about G G Engineering
15Aug 25
Odisha Boosts Aviation Sector: Approves Incentives for MRO Facility at Bhubaneswar Airport
The Odisha government has approved additional incentives for establishing a Maintenance, Repair, and Overhaul (MRO) facility at Biju Patnaik International Airport in Bhubaneswar. Air Works India, India's oldest and largest third-party MRO provider, has been selected as the anchor investor. This facility will be the first major MRO hub in eastern India, part of Odisha's Building and Management of Aviation Assets and Network scheme. The global MRO market is projected to reach $117 billion by 2031, with India's MRO market expected to grow to $4 billion at an 8.9% CAGR. The facility aims to reduce reliance on overseas MRO services, improve aircraft turnaround times, and potentially lower maintenance costs for Indian airlines.
11Aug 25
G G Engineering Reports Robust Q1 Results with ₹204.40 Lakh Profit
G G Engineering Limited announced a significant financial turnaround for Q1 ended June 30. Total income rose 8.4% YoY to ₹6,883.50 lakhs, with revenue from operations up 7.7% to ₹6,763.30 lakhs. The company achieved a profit after tax of ₹204.40 lakhs, compared to a loss in the same quarter last year. The Trading Division - Infrastructure segment contributed 99.4% of total revenue. Operational efficiency improved with total expenses increasing only 2.5% while achieving higher revenue growth. The company maintains high customer concentration with four major customers accounting for 49.9% of total revenue.
04Aug 25
Parth Electricals Secures Rs 13.80 Crore from Anchor Investors for Rs 49.72 Crore IPO
Parth Electricals & Engineering, an electrical components manufacturer, has raised Rs 13.80 crore from anchor investors including Capri Global Capital, Beacon Stone Capital, and IndiaMax Investment Fund. The company is launching its Rs 49.72 crore IPO from August 4-6, with a price band of Rs 160-170 per share. The fresh issue of 29.25 lakh shares will be listed on NSE SME's Emerge platform. Funds will be used for establishing new manufacturing facilities, debt repayment, and general corporate purposes. Parth Electricals has increased its production capacity to 3,000 Ring Main Units annually and has a current order book of Rs 140 crore. The company reported revenue of Rs 174.67 crore and profit after tax of Rs 10.11 crore.
30Jul 25
Sebi Confirms Fraud Allegations Against Gensol Engineering, Imposes Restrictions
Sebi has upheld findings of severe financial misconduct against G G Engineering and its promoter-directors, Anmol Singh Jaggi and Puneet Singh Jaggi. The company submitted fake documents to credit rating agencies and diverted Rs 977.75 crore from term loans meant for EV purchases. Funds were allegedly routed to promoter-controlled entities for luxury real estate and personal expenses. The company also misled the public with false claims of 30,000 EV pre-orders and non-existent production facilities. Sebi has maintained restrictions on the company and promoters from accessing securities markets and ordered a forensic audit.
G G Engineering
0.56
-0.01
(-1.75%)
1 Year Returns:-69.23%
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