Generic Engineering Construction & Projects standalone net profit rises 55.88% in the December 2022 quarter

Generic Engineering Construction & Projects Ltd, RPP Infra Projects Ltd, Indiabulls Enterprises Ltd and Sterling Tools Ltd are among the other gainers in the BSE’s ‘B’ group today, 11 January 2023.

Onelife Capital Advisors Ltd leads gainers in ‘B’ group

Generic Engineering Construction and Projects (GENCON) hit an upper circuit limit of 20% to Rs 43.20, extending recent steep gains.

GENCON spurts over 30% in four days

The company’s revenue from operations for Q1FY22 stood at Rs53.11cr as compared to Rs9.23cr in Q1FY21, a growth of 474.50% yoy.

Generic Engineering Construction and Projects Q1 PAT jumps 135% yoy to Rs2.58cr; Order book of Rs1655.70cr

Generic Engineering Construction & Projects reports standalone net profit of Rs 2.58 crore in the June 2021 quarter

The company will receive a consideration of Rs10/- per share from buyers Mohit Desai and Mayank Madia.

Generic Engineering Construction disposes 100% stake in Generic Chartered Resources; Stock up 2%

With the addition of the latest orders, the total current outstanding order book stands at Rs1,390.34cr.

Generic Engineering Construction receives new orders worth Rs102cr for various biz

The objective of the Company is to contract employees and Employee Leasing related consultancy and administrative services.

Generic Engineering Construction incorporates ‘Generic Chartered Resources’ as wholly owned subsidiary; Stock soars 3%

Rane (Madras) Ltd, Generic Engineering Construction & Projects Ltd, Zee Learn Ltd and T T Ltd are among the other gainers in the BSE’s ‘B’ group today, 04 March 2021.

Equitas Small Finance Bank Ltd leads gainers in ‘B’ group

Generic Engineering Construction & Projects wins orders worth Rs 80.80 cr

The company has been awarded with new work orders worth Rs 80.80 crore (including GST) for various institutional projects from new reputed clients, Generic Engineering Construction and Projects Ltd said in a regulatory filing.

Generic Engineering Construction and Projects bags construction orders worth Rs 81 cr

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Not a good time to consider, stock is in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Generic Engineering Construction and Projects Limited is engaged in construction business. The Company undertakes the business of constructor, contractor and developer of infra projects.