CG Power

CG Power and Industrial Solutions on Friday posted 44 per cent jump in consolidated net profit at Rs 409.09 crore for September quarter FY27, supported by higher revenues. The Mumbai-headquartered entity had clocked a profit after tax (PAT) of Rs 284.44 crore in the year-ago period, it said in an exchange filing. During the quarter, the company's total income increased to Rs 3,883.25 crore from Rs 2,988.89 crore in Q2 FY26. From power systems segment, the revenue was Rs 1,766.76 crore as against Rs 1,254.49 crore in the year-ago quarter. The industrial systems business contributed a revenue of Rs 1,868.61 crore in the quarter as against Rs 1,533.33 crore in July-September FY26. The company's board approved enhancing capex investment for the GIS brownfield project at Vilholi, Nashik, from Rs 35.17 crore to Rs 44.62 crore. It also gave nod to invest Rs 15.31 crore to enhance EHV (extra high voltage) circuit breaker manufacturing capacity by 3,600 units (annually) at S3 Unit-II ...

Ajit Mishra of Religare Broking recommends Ashok Leyland, CG Power, and Nalco as top stock picks, noting that short-term momentum has strengthened.

In India, CG Power, and Kaynes Technology, through CG Semi and Kaynes Semicon, are the two listed companies with direct exposure to semiconductor manufacturing

CG Power hits record highs on strong order inflows and capacity expansion, but rich valuations leave little room for execution misses

Citi estimates that HVDC-related investments represent an opportunity of around ₹1.6 trillion as India works toward integrating 900 GW of renewable energy capacity by FY36.

Siemens Energy, CG Power and Industrial Solutions, GE Vernova T&D India, Thermax, ABB India, Hitachi Energy India, Siemens and Adani Green Energy were up in the range of 4-8% in Wednesday's trade.

The T&D value chain, particularly segments focused on high voltage transformers, continues to benefit from a robust capex outlay, say analysts at Motilal Oswal.

Analysts at Axis Direct recommend a buy on Apollo Hospitals, Amber Enterprises and CG Power in their weekly stock picks, for a potential upside up to 19 per cent.

After Monday's rise, the Nifty fell 86 points on Tuesday to close at 24,032. It opened 69 points lower and extended its losses by another 170 points during the first half of the session

The domestic opportunity is anchored by the National Electricity Plan, which envisages nearly ₹9 trillion of transmission investments through FY32.

Dividend stocks today: Here is the complete list of stocks that will remain in focus during today's trading session following their decision to reward their shareholders with dividend payouts

CG Power shares surged nearly 10% as strong Q3 results, a robust ₹15,750-crore order book and EU market access boosted investor confidence

CG Power's market dominance (25 per cent market share in motors) even in times of constraint, spoke of their product quality.

The Sanand Facility, where CG Power's CG Semi plans to invest up to Rs 7,600 crore, is being built in partnership with Renesas Electronics Corporation and Thailand's Stars Microelectronics

Apollo Tyres has given a breakout from its Inverse Head and Shoulders pattern. The stock closed with a positive bias on higher volumes, indicating strong buying interest.

Sensex Today | Stock Market close highlights on Thursday, July 24, 2025: In the broader markets, the Nifty MidCap 100 index, and the Nifty SmallCap 100 index dropped 0.58 per cent and 1.09 per cent

Murugappa Group scion says India needs a China-style sectoral roadmap for growth, bets big on semiconductors and EVs

Consolidated revenue was up 26 per cent to ₹2750 crore, operating profit grew 28 per cent to ₹360 crore while net profit rose 23 per cent Y-o-Y to ₹290 crore

CG Power and Industrial Solutions Ltd on Tuesday reported a 17 per cent year-on-year (y-o-y) rise in consolidated net profit to Rs 274.26 crore in the March quarter, on account of higher income. It had posted a net profit (profit after tax) of Rs 233.81 crore in the January-March period of the preceding financial year 2023-24, the company said in an exchange filing. The company's total income rose to Rs 2,824.19 crore from Rs 2,239.83 crore in the year-ago quarter. For the entire FY25, the profit was at Rs 972.98 crore, down from Rs 1,427.61 crore in FY24. Total income rose to 10,070.83 crore from Rs 8,152.24 crore in FY24. In a separate statement, the company said the consolidated results include the performance of the operating subsidiaries in Sweden, Germany, and Netherlands (Drives and Automation Europe), CG Adhesives Products Ltd (India), CG Semi Pvt. Ltd (India), GG Tronics India Pvt Ltd, Axiro Semiconductor Private Ltd, and other non-operating subsidiaries. In the March ..

CG Power and Industrial Solutions on Wednesday said it has received approval from the Committee on Foreign Investment in the United States for a USD 36 million deal to acquire the Radio Frequency (RF) components business of Japan-based Renesas Electronics Corporation. "The regulatory approval from the Committee on Foreign Investment in the United States has been obtained on 10th March, 2025 and received by us on 11th March, 2025," a regulatory filing said. Earlier in October, CG Power and Industrial Solutions has inked a pact to acquire the Radio Frequency (RF) components business of Japan-based Renesas Electronics Corporation for a cash consideration of USD 36 million. An asset purchase agreement was executed on October 4, 2024 between CG and Renesas Electronics America Inc, a subsidiary of Renesas, and other affiliated entities of Renesas, that have assets in the RF components business. As per the pact, Murugappa Group firm CG Power will acquire Intellectual Property (IP), tangib