Introduction

If you’re searching for BOM: 540614, you’re likely looking for details about G G Engineering Limited, a company listed on the Bombay Stock Exchange (BSE). This company specializes in iron and steel trading, serving industries like construction, infrastructure, and engineering. Let’s dive into the company’s stock performance, financials, and investment potential.

What is BOM: 540614?

BOM: 540614 is the stock ticker for G G Engineering Limited (GGEL). The company has been in operation since 2006 and has built a reputation for supplying high-quality steel and engineering materials across India.

Key Products Offered by G G Engineering:

  • Structural Steel – Used in commercial and residential buildings.
  • Agricultural Pipes – Essential for irrigation and farming applications.
  • TOR Steel – Reinforced steel used in construction.
  • MS Pipes – Mild steel pipes for engineering projects.

These materials are widely used in real estate, heavy construction, and industrial projects, making G G Engineering a key player in the Indian steel industry.

Financial Performance of G G Engineering Limited

Stock Price & Market Cap

As of February 2025, the BOM: 540614 stock price stands at ₹1.21 per share, with a market capitalization of ₹1.89 billion. The stock has seen a 52-week range between ₹1.19 and ₹2.89, indicating fluctuations in market sentiment.

Revenue and Profit Trends

  • FY 2023 Revenue: ₹2.12 billion (Up from ₹1.11 billion in FY 2022)
  • FY 2023 Profit: ₹71.05 million (Down from ₹79.31 million in FY 2022)

While the company’s revenue has nearly doubled, profits have slightly declined, reflecting increased operational costs or market challenges.

Is BOM: 540614 a Good Investment?

If you’re considering investing in G G Engineering Limited, here are some key factors to analyze:

1. Market Volatility

  • The stock has experienced fluctuations, making it a high-risk, high-reward
  • The past year’s decline of 82% raises concerns about long-term stability.

2. Industry Demand

  • The demand for steel and engineering materials remains steady in India’s growing infrastructure sector.
  • Government policies supporting construction and industrial projects could benefit the company.

3. Company Growth

  • Significant revenue growth suggests strong demand for G G Engineering’s products.
  • Investors should monitor profit margins and cost management strategies.

Final Thoughts on BOM: 540614

If you’re tracking BOM: 540614, it’s essential to consider both market trends and company fundamentals before making investment decisions. The stock’s performance is influenced by steel demand, economic policies, and company strategies. Keep an eye on quarterly earnings reports and industry trends to stay updated.