GNG Electronics Limited
ITI Mutual Fund established a new position in GNG Electronics, acquiring 14,83,761 shares, representing a 1.30% stake. The investment is valued at ₹80.59 crore, based on a share price of ₹543.00.
A technology company incorporated in 2006, GNG Electronics Limited specializes in refurbishing laptops, desktops, and ICT devices for markets across India and globally. The firm operates in the electronics refurbishment sector, extending the lifecycle of computing equipment through professional restoration and comprehensive quality assurance processes. Its services cater to both domestic and international clients seeking reliable, cost-effective technology solutions and sustainable computing alternatives.
Independent AMC backed by institutional investors, founded by former Reliance MF and Birla executives. Manages over Rs 5,000 crore. ITI Multi-Cap Fund and ITI Long Term Equity Fund are its flagship equity offerings. Positions itself as a boutique, research-driven equity house with strong fundamental analysis capabilities.