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    EBGNG — GNG Electronics News Story

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    India's GNG Electronics jumps; Emkay initiates coverage with 'Buy'

    Picture of GNG Electronics logoGNG Electronics
    30/06/2026 07:40
    BUZZ-India's GNG Electronics jumps; Emkay initiates coverage with 'Buy'
     
    ** Shares of GNG Electronics GNGL.NS jump 10% to 625.95 rupees
    ** Brokerage Emkay initiates coverage on GNGL with "Buy" and PT of 725 rupees
    ** GNGL is India's largest refurbisher of laptops and desktops operating through its brand 'Electronics Bazaar'
    ** Emkay expects GNGL's earnings momentum to be robust, led by a strong competitive moat and favorable structural tailwinds
    ** Strategic partnerships to drive scale and strengthen market positioning for GNGL - Emkay note
    ** GNGL more than doubled YTD

    (Reporting by Vijay Malkar)
    ((VijayDattaram.Malkar@thomsonreuters.com;))

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