Why is G G Engineering falling/rising?
As of 16-Sep, G G Engineering Ltd's stock price is 0.71, up 2.9%, but has a troubling year-to-date return of -59.66%. Despite recent short-term gains, the stock's long-term performance is poor, raising concerns about sustainability and profitability.
As of 16-Sep, G G Engineering Ltd's stock price is currently at 0.71, reflecting an increase of 0.02 or 2.9%. The stock has shown strong performance in the short term, with a 1-week return of +16.39% and a 1-month return of +22.41%, significantly outperforming the Sensex, which recorded +1.58% and +2.21% respectively. However, despite this recent uptick, the stock has a troubling year-to-date return of -59.66% and a 1-year return of -64.14%. The stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, but remains below the 200-day moving average. Additionally, there has been a decline in investor participation, with delivery volume falling by 28.09% compared to the 5-day average, although the stock remains liquid enough for trading.In terms of broader market context, G G Engineering's recent performance contrasts sharply with the overall market, as indicated by its significant underperformance over the longer term compared to the Sensex. The company has a low debt-to-equity ratio and has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 67.67%. However, it also faces challenges such as poor management efficiency, as evidenced by a low return on equity of 4.10%, and flat results in the latest financial period. While the stock's valuation appears attractive due to its low price-to-book value and a PEG ratio of 0.1, the substantial losses over the past year and reliance on non-operating income raise concerns about its sustainability and profitability, contributing to mixed investor sentiment.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
