Cg Power

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.

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

T&D enters multi-year growth phase; Siemens Energy, CG Power top picks

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

Dividend stocks: CAMS, Coforge, 10 others to remain in focus today; details

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

Strong order book, execution key triggers for CG Power stock ahead

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 turnaround: Culture, timing and execution behind a rare revival

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

CG Power in talks with global firms to package chips at Sanand facility

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, MRF among top stocks to buy today; check key levels here

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.

Stock market close highlights: Sensex drops 542 pts, Nifty at 25,062; IT, realty weigh

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

India needs to develop a broader semiconductor ecosystem over time: Subbiah

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

Margin trajectory among key triggers for CG Power and Industrial Solutions

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 Q4 results: Net profit rises 17% to ₹274 crore on higher income

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 gets nod for $36 mn deal to acquire Renesas Electronics business

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

CG Power gets Rs 450 cr order to manufacture products for Vande Bharat

CG Power and Industrial Solutions on Tuesday said it has secured an order of Rs 450 crore for supply of railway products for Vande Bharat trainsets. Apart from this purchase order, a separate 35-year service order is also a part of the long-term agreement, a company statement said. " CG Power and Industrial Solutions Ltd (CG) has entered into a long-term supply agreement with Kinet Railway Solutions Limited for supply and servicing of railway products including propulsion kits with motors, transformers and various other items," the company said in a BSE filing. The first purchase order, ranging between Rs 400-450 crore, has been secured by the company for supply of railway products for 10 Vande Bharat trainsets. Since its inception 86 years ago, CG has established a strong foothold in the railway industry, offering a comprehensive portfolio that includes traction machines & systems, rail transportation traction electronics, among others. The company is a leader in the Electrical .

CG Power defies weak market trends, surges 4% on acquisition news; details

CG Power shares have dropped around 18 per cent in the last six months, while they surged 32 per cent over the last one year

CG Power & Industrial Solutions Q3 results: PAT falls 68% to Rs 237 cr

CG Power and Industrial Solutions on Tuesday reported an over 68 per cent decline in its consolidated net profit at Rs 237.85 crore in December 2024 quarter on account of adjusted earnings from discontinued operations. The company had reported a consolidated net profit of Rs 747.67 crore in the quarter ended December 2023. According to the company's regulatory filing, a profit after tax of Rs 551.07 crore from discontinued operations had added to its consolidated earnings in the corresponding quarter a year ago. In the latest third quarter, the profit from continuing operations at Rs 237.85 crore was 21 per cent higher from Rs 196.60 crore earnings recorded in the year-ago quarter. Total income rose to Rs 2,549.28 crore in the reporting quarter from Rs 2,006.79 crore a year ago. The company said its board has approved setting up of a transformer manufacturing unit of 45,000 MVA capacity in western India at an estimated cost of Rs 712 crore. The project will be primarily funded th

CG Power shares rise after bagging 'KAVACH' order from Indian Railways

Shares of CG Power and Industrial Solutions surged up to 2.63 per cent at Rs 754.80 per share on the NSE in Wednesday's intraday deals

Jigar S Patel of Anand Rathi recommends buying these three stocks today

Recently, CG Power entered a corrective phase, leading to a healthy 175-point pullback, which represents about a 20 per cent decline from its recent high