GIZA GENERAL CONTRACTING
GGCC

EGX

Current Price
EGP
EGP (%)
Price Upon Recommendation
0.43 EGP
Target Price from Recommendation

0.48 EGP

+12.60%
Holding Period

From 1 to 3 months

Final Recommendation

Buy stock at the current price

Valid Until

May 15, 2025 at 11:59:59 PM

Risk Assessment

Medium

Confidence Score

72.00%

Potential Growth

18.40%

Investment Reason

GGCC demonstrates strong alignment with Egypt's growing industrial sector, supported by favorable economic policies and increased market liquidity. Recent performance indicates upward momentum, with potential for further growth driven by infrastructure development.

Overview
Recent Performance

Stable with upward trajectory; recent volatility aligns with broader EGX 70 index gains of 3.06% in early 2024 .

Economic Factors

Egypt's FY2024/25 revenue target (+22.5% YoY) and currency stability measures boost investor confidence in industrial stocks .

Competitive Positioning

Strong niche presence in construction materials, benefiting from Egypt's $45B infrastructure pipeline and import substitution trends.

Analysis Summary

GGCC is positioned to capitalize on Egypt's infrastructure boom. Technical indicators show support at 0.42 EGP with resistance near 0.45 EGP. Macroeconomic tailwinds and sectoral demand justify a bullish stance.

Key Points
  • Aligned with Egypt's $45B infrastructure pipeline
  • Technical breakout above 0.43 EGP resistance
  • 18.4% growth potential within 6-12 months
  • Medium risk with 72% confidence score
Recommendations