CG Power & Industrial Solutions Ltd News

CG Power and Industrial Solutions Q2 profit jumps 44% to ₹409 crore

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 ...

BSE Capital Goods index tanks nearly 4%; Hitachi Energy, ABB India slip 6%

In the past month, the BSE capital goods index slipped 12% as against a 2.8% decline in the BSE Sensex.

Nifty could edge lower to 23,300; HAL among 3 stock ideas: Ajit Mishra

Stock ideas for today: The index could now move towards the next support zone of 23,300-23,100, while any recovery is likely to face resistance around 23,600-23,800.

Stocks to buy today: Ashok Leyland among Religare Broking's top three picks

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

India semiconductor push gathers pace; Equirius flags full-stack transition

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

Hitachi Energy, CG Power, GE Vernova, Thermax tank up to 10%; here's why

According to a Reuters report, the Indian government has allowed four Chinese power equipment manufacturers to participate in government tenders for critical power projects.

Margin expansion, capex completion may drive more gains for CG Power

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

Citi bets on electric equipment makers; picks Hitachi, GE Vernova, CG Power

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.

Power stocks surge on strong order books, demand outlook and earnings

Shares of power companies surged as investors cheered strong order books, renewable energy demand and robust earnings visibility across the sector

Power index hits new high, zooms 24% in 2 mths; BHEL, CG Power at new peaks

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.

Power stocks in demand; Hitachi, Siemens Energy, GE Vernova soar up to 9%

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.

CG Power, Apollo Hospitals among 3 stock ideas by Axis Direct

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.

BSE Capital Goods index hits new high; BHEL, Polycab, Thermax soar up to 7%

BSE Capital Goods index hit a new high of 79,887.59, up nearly 2% in Thursday's intra-day deal. The index has surged 17% in the past two months.

CG Power hits new high, up 65% from 52-wk low; Motilal Oswal retains 'Buy'

CG Power's order intake remained strong in Q4, with order backlog rising 59 per cent YoY to ₹15,719 crore, providing strong revenue visibility.

Nifty strategy, May 6: Key levels; L&T Finance, CG Power among top picks

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