# CGPOWER (CGPOWER) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/cgpower

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹909.8
- Change: +3.39%
- As of: 2026-09-18
- 1D return: +1.36%
- 5D return: -2.47%
- 1M return: +1.79%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, CG Power's technical stance shows a mixed picture across timeframes. The daily timeframe indicates a bearish trend, with the Supertrend indicator suggesting price is below it, while several moving averages (EMA 20, EMA 50, SMA 20, SMA 200, SMA 50) show the price above them. This suggests potential short-term weakness despite longer-term averages being supportive. The weekly and monthly timeframes, however, present a bullish trend, with the Supertrend indicator above the price and most moving averages also indicating price is above them. This alignment of longer timeframes suggests underlying strength.

Key resistance levels are observed at ₹895.9 (0.44% above current price) and ₹900.33 (0.93% above). Nearest support is noted at ₹890.17 (-0.21% below current price), followed by ₹873.23 (-2.1% below). The stock has experienced recent anomalies, including a wide intraday range downward movement on September 15, 2026, and an upward gap on September 7, 2026. Active patterns include a "Bearish Engulfing Reversal" on the weekly chart and a "Harami" pattern on the monthly chart as of September 18, 2026.

The stock's risk profile includes an annualized volatility of 36% and a current drawdown of -9%. The nearest resistance is ₹895.9, with a break above potentially signaling renewed upward momentum. Conversely, a move below the support level of ₹890.17 could indicate further short-term weakness.

- Current price on September 18, 2026, is ₹892.0.
- Daily trend is bearish (Supertrend below price), while weekly and monthly trends are bullish (Supertrend above price).
- Nearest resistance is at ₹895.9 (0.44% higher); nearest support is at ₹890.17 (-0.21% lower).
- Active patterns include a weekly "Bearish Engulfing Reversal" and a monthly "Harami" as of September 18, 2026.
- Watch for a break above ₹895.9 for potential upward momentum or a move below ₹890.17 to signal further weakness.

- Bearish Engulfing Reversal
- Harami
- Doji
- Outside Bar
- Bullish Engulfing Reversal

### News Context

CG Power & Industrial Solutions was highlighted on September 17, 2026, as a stock in focus due to the SEMICON India event. This event, attended by Prime Minister Narendra Modi, brought attention to several technology and manufacturing companies, including CG Power. The broader market context on September 17, 2026, saw the Nifty extend gains for a second session, with midcap stocks outperforming. However, foreign institutional investors (FIIs) increased their selling of Indian equities, offloading ₹3,209 crore, while domestic institutions were net buyers. This trend of FII selling against domestic buying was also observed on September 15, 2026, when the Nifty hit a five-month low.

- CG Power & Industrial Solutions was named among stocks in focus on September 17, 2026, related to the SEMICON India event.
- On September 17, 2026, FIIs sold Indian equities worth ₹3,209 crore, while domestic institutions bought ₹3,618 crore.
- The Nifty extended gains for a second session on September 17, 2026, with midcap stocks outperforming.
- Foreign institutional investors increased their selling of Indian equities on September 15, 2026, as the Nifty reached a five-month low.

- FIIs step up India stock selling to ₹3,209 crore despite market gains
- Sensex slips 22 points, Nifty rises for 2nd day: 5 reasons why market ended mixed today
- HCL Tech, BEL, CG Power, Vedanta, Dixon Tech, Tata Elxsi shares in focus today; here's why
- Kanohar Electricals IPO debut today: Shares command 30% GMP ahead of listing
- Foreign investors step up selling as Nifty hits five-month low

### What Changed

CG Power and Industrial Solutions traded on the NSE, with its price at ₹892.0 as of September 18, 2026. This represents an increase from its previous price of ₹880.0. Recent market news indicates broader trends, with foreign institutional investors (FIIs) increasing their selling activity in Indian equities by ₹3,209 crore, while domestic institutions were net buyers. The broader market saw midcap stocks outperforming benchmarks, and the Nifty extended its gains for a second session, with a 2:1 advance-decline ratio on the NSE.

- CG Power and Industrial Solutions' price was ₹892.0 on September 18, 2026.
- The stock's price increased from ₹880.0 prior to the observation date.
- Foreign investors sold ₹3,209 crore of Indian stocks recently.
- Domestic institutions bought ₹3,618 crore of Indian stocks recently.
- The Nifty extended its gains for a second session as of September 18, 2026.

- FIIs step up India stock selling to ₹3,209 crore despite market gains
- Sensex slips 22 points, Nifty rises for 2nd day: 5 reasons why market ended mixed today

### Official Filings

CG Power and Industrial Solutions Limited has made significant operational and financial disclosures. The company announced the partial operational start of its new T5 facility in Sehore, Madhya Pradesh, on September 4, 2026. This facility, built with an investment of ₹7.92 billion funded by internal accruals and a Qualified Institutional Placement (QIP), rolled out its first transformer. Upon full commissioning, this expansion is set to increase the company's total transformer manufacturing capacity to 120,000 MVA, aiming to meet growing demand from sectors like renewables and data centers, as well as exports. In a separate development, the company is addressing a tax matter concerning Assessment Year 2022-23. An initial tax demand of ₹236.74 crore was revised to ₹215.59 crore following a rectification order. The company has appealed this demand, and on September 7, 2026, a stay was granted on the balance demand, subject to the company depositing a specified amount, including ₹30 crores in installments. Additionally, the company is seeking shareholder approval to appoint Price Waterhouse Chartered Accountants LLP as its statutory auditors, following the resignation of SRBC & CO LLP. This proposed appointment carries an annual remuneration of ₹1.58 Crores.

- On September 4, 2026, CG Power and Industrial Solutions Limited began partial operations at its new T5 facility in Sehore, Madhya Pradesh, with an investment of ₹7.92 billion, aiming to increase total transformer manufacturing capacity to 120,000 MVA.
- The company is appealing a revised tax demand of ₹215.59 crore for Assessment Year 2022-23, with a stay granted on the balance demand pending appeal, subject to deposit requirements.
- Shareholder approval is being sought to appoint Price Waterhouse Chartered Accountants LLP as statutory auditors, with proposed annual remuneration of ₹1.58 Crores.
- The company is scheduled for an Analysts/Institutional Investor Meet on September 25, 2026, with IIFL - Institutional Equities.

- CG Power and Industrial Solutions Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- CG Power and Industrial Solutions Limited has informed the Exchange about Pendency of any litigation(s) or dispute(s)-(Sub-para 8-Para B) |SUBJECT: Pendency of any litigation(s) or dispute(s)-(Sub-para 8-Para B)
- CG Power and Industrial Solutions Limited has informed the Exchange about Capacity addition (Sub-para 3-Para B) |SUBJECT: Capacity addition (Sub-para 3-Para B)
- CG Power and Industrial Solutions Limited has informed regarding Disclosure of material issue |SUBJECT: Disclosure of material issue
- CG Power and Industrial Solutions Limited has informed the Exchange regarding a press release dated September 04, 2026, titled "CG strengthens India s power infrastructure manufacturing capabilities with the roll out of first transformer from India s largest transformer manufacturing facility at Sehore, Madhya Pradesh ". |SUBJECT: Press Release
- CG Power and Industrial Solutions Limited has informed the Exchange about Capacity addition |SUBJECT: Capacity addition
- CG Power and Industrial Solutions Limited has informed the Exchange regarding Appointment of Mr Samit Khanna as Other of the company w.e.f. September 01, 2026. |SUBJECT: Appointment
- CG POWER AND INDUSTRIAL SOLUTIONS LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA
- CG Power and Industrial Solutions Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- CG Power and Industrial Solutions Limited has informed the Exchange regarding Notice of Postal Ballot |SUBJECT: Shareholders meeting

### Fundamentals

CG Power and Industrial Solutions reported a notable increase in revenue for the quarter ending June 2026 (Q1 FY27), reaching ₹3,280.81 crore, compared to ₹3,175.35 crore in the preceding quarter (Q3 FY26). However, this revenue growth did not translate into a proportional increase in profitability. Profit Before Tax (PBT) for Q1 FY27 stood at ₹422.88 crore, a decrease from ₹383.97 crore in Q3 FY26, indicating a potential pressure on margins or an increase in expenses relative to revenue. The company's balance sheet shows a significant reduction in borrowings from ₹3,297 crore in March 2019 to ₹17 crore in March 2024, indicating a deleveraging strategy. This has been accompanied by a substantial increase in equity capital from ₹125 crore to ₹305 crore over the same period. The company's cash flow from operations has shown a mixed trend, with ₹1,028 crore in March 2024, but projected to decrease to ₹702 crore by March 2026. Free cash flow has also seen a decline from ₹805 crore in March 2024 to a projected negative ₹72 crore by March 2026, suggesting a potential tightening of liquidity in the future.

- Revenue for Q1 FY27 was ₹3,280.81 crore, an increase from ₹3,175.35 crore in Q3 FY26.
- Profit Before Tax (PBT) for Q1 FY27 was ₹422.88 crore, a decrease from ₹383.97 crore in Q3 FY26.
- Borrowings have decreased significantly from ₹3,297 crore in March 2019 to ₹17 crore in March 2024.
- Cash Flow from Operations was ₹1,028 crore in March 2024, projected to decrease to ₹702 crore by March 2026.
- Free Cash Flow was ₹805 crore in March 2024, projected to be negative ₹72 crore by March 2026.

### Bull Case

CG Power and Industrial Solutions has demonstrated significant growth in its profit metrics over extended periods. The company has achieved a 5-year compounded profit growth of 70% and a trailing twelve months (TTM) growth of 27%. Similarly, sales have shown robust expansion, with a 5-year compounded sales growth of 33% and TTM growth of 21%. The company's operational cash flow generation has also improved, with CFO/OP increasing from ₹284.0 in March 2019 to ₹2311.0 in March 2020. While total assets and liabilities have decreased between March 2019 and March 2020, this is accompanied by a substantial reduction in borrowings from ₹3297 crore to ₹2757 crore over the same period, indicating a deleveraging trend.

- Compounded profit growth over 5 years stands at 70% and TTM profit growth is 27%.
- Compounded sales growth over 5 years is 33% and TTM sales growth is 21%.
- Cash Flow from Operations (CFO/OP) increased from ₹284.0 in March 2019 to ₹2311.0 in March 2020.
- Borrowings reduced from ₹3297 crore in March 2019 to ₹2757 crore in March 2020.

- FIIs step up India stock selling to ₹3,209 crore despite market gains
- Sensex slips 22 points, Nifty rises for 2nd day: 5 reasons why market ended mixed today
- HCL Tech, BEL, CG Power, Vedanta, Dixon Tech, Tata Elxsi shares in focus today; here's why
- Kanohar Electricals IPO debut today: Shares command 30% GMP ahead of listing
- Foreign investors step up selling as Nifty hits five-month low

### Bear Case

CG Power and Industrial Solutions' balance sheet shows a significant reduction in total assets from ₹10,311 crore in March 2019 to ₹4,617 crore in March 2020. This contraction is largely driven by a decrease in "Other Assets" from ₹8,040 crore to ₹3,098 crore and a reduction in Fixed Assets from ₹2,050 crore to ₹1,489 crore over the same period. While borrowings also decreased from ₹3,297 crore to ₹2,757 crore, the company's reserves turned negative, falling from ₹2,005 crore in March 2019 to ₹-2,081 crore in March 2020. This shift in reserves, coupled with a substantial decrease in total assets, indicates a period of balance sheet restructuring. Operationally, while Cash from Operations (CFO) improved significantly to ₹2,311 crore in March 2020 from ₹284 crore in March 2019, the Cash from Operating Activity decreased from ₹811 crore to ₹692 crore in the same period. The company also reported negative Net Cash Flow of ₹-14 crore in March 2020, compared to ₹-147 crore in March 2019, and negative Cash from Financing Activity of ₹-528 crore in March 2020.

- Total Assets decreased from ₹10,311 crore (Mar 2019) to ₹4,617 crore (Mar 2020).
- Reserves turned negative, decreasing from ₹2,005 crore (Mar 2019) to ₹-2,081 crore (Mar 2020).
- Cash from Operating Activity declined from ₹811 crore (Mar 2019) to ₹692 crore (Mar 2020).
- Net Cash Flow was negative at ₹-14 crore (Mar 2020) and ₹-147 crore (Mar 2019).

- FIIs step up India stock selling to ₹3,209 crore despite market gains
- Sensex slips 22 points, Nifty rises for 2nd day: 5 reasons why market ended mixed today
- HCL Tech, BEL, CG Power, Vedanta, Dixon Tech, Tata Elxsi shares in focus today; here's why
- Kanohar Electricals IPO debut today: Shares command 30% GMP ahead of listing
- Foreign investors step up selling as Nifty hits five-month low

### FAQs

**How has CG Power's financial position changed between March 2019 and March 2020?**

Between March 2019 and March 2020, CG Power saw a significant reduction in its total assets, decreasing from ₹10,311 crore to ₹4,617 crore. This was accompanied by a corresponding decrease in total liabilities. Specifically, borrowings reduced from ₹3,297 crore to ₹2,757 crore, and reserves shifted from a positive ₹2,005 crore to a negative ₹2,081 crore. Fixed assets also decreased from ₹2,050 crore to ₹1,489 crore, while investments dropped from ₹130 crore to ₹2 crore. Other assets saw a substantial decrease from ₹8,040 crore to ₹3,098 crore.

**What is the recent development regarding CG Power's new transformer manufacturing facility?**

CG Power announced on September 4, 2026, that the first transformer was rolled out from its new T5 facility in Sehore, Madhya Pradesh. This marks a partial operational start for a planned 45,000 MVA capacity addition. The project, which began construction in October 2025, is funded by internal accruals and a Qualified Institutional Placement (QIP). Upon full commissioning, the company's total transformer manufacturing capacity is expected to increase to 120,000 MVA.

**What is the status of the litigation concerning CG Power's tax assessment?**

CG Power received a revised tax demand of ₹215.59 crore for Assessment Year 2022-23 on June 4, 2026, following an initial demand of ₹236.74 crore issued on April 20, 2026. The company filed an appeal on May 18, 2026. On September 7, 2026, the Deputy Commissioner of Income Tax granted a stay on the balance demand, pending the appeal's disposal, provided the company deposits 20% of the total demand, including ₹30 crore to be paid in five installments.

**How has CG Power's sales and profit growth performed over different periods?**

CG Power has demonstrated strong growth in both sales and profits over the medium to long term. Compounded sales growth over 5 years was 33%, and over the Trailing Twelve Months (TTM) it was 21%. Compounded profit growth was even higher, at 70% over 5 years and 27% over the TTM.

- FIIs step up India stock selling to ₹3,209 crore despite market gains
- Sensex slips 22 points, Nifty rises for 2nd day: 5 reasons why market ended mixed today
- HCL Tech, BEL, CG Power, Vedanta, Dixon Tech, Tata Elxsi shares in focus today; here's why
- Kanohar Electricals IPO debut today: Shares command 30% GMP ahead of listing
- Foreign investors step up selling as Nifty hits five-month low
- CG Power and Industrial Solutions Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- CG Power and Industrial Solutions Limited has informed the Exchange about Pendency of any litigation(s) or dispute(s)-(Sub-para 8-Para B) |SUBJECT: Pendency of any litigation(s) or dispute(s)-(Sub-para 8-Para B)
- CG Power and Industrial Solutions Limited has informed the Exchange about Capacity addition (Sub-para 3-Para B) |SUBJECT: Capacity addition (Sub-para 3-Para B)
- CG Power and Industrial Solutions Limited has informed regarding Disclosure of material issue |SUBJECT: Disclosure of material issue
- CG Power and Industrial Solutions Limited has informed the Exchange regarding a press release dated September 04, 2026, titled "CG strengthens India s power infrastructure manufacturing capabilities with the roll out of first transformer from India s largest transformer manufacturing facility at Sehore, Madhya Pradesh ". |SUBJECT: Press Release
## Technical analytics

- As of: 2026-09-18
- Daily trend: Weak Uptrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹873.23
- Risk regime: Price Risk Requires Attention

### Support levels
- 866.525
- 814.85
- 733.86875

### Resistance levels
- 895.903125
- 930.9
- 951.4749999999999

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +1.36% |
| return_10 | -0.34% |
| return_1m | -0.25% |
| return_1y | +13.70% |
| return_20 | +1.79% |
| return_3m | -6.54% |
| return_5 | -2.47% |
| return_6m | +26.14% |
| return_since_start | +20.38% |
| return_ytd | +39.83% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -33.02% |
| annualized_volatility | +36.44% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Asset Base Expands Rapidly Amidst Steady Revenue Growth

CG Power and Industrial Solutions Limited reported a quarter of steady operational growth alongside a significant expansion of its balance sheet. Revenue from operations grew approximately 14% compared to the same period last year, while profit before tax rose 16%. The most notable development, however, was a 44% sequential increase in net segment assets, adding over ₹5,500 crore in a single quarter and far outpacing the rise in liabilities.

## Revenue and Profitability Trends

Revenue from operations for the quarter ended 30 June 2026 stood at ₹3,280.81 crore, an increase of ₹402.76 crore (13.99%) from ₹2,878.05 crore in the corresponding quarter of the previous year. Sequentially, revenue fell sharply from Q4 FY2025-26 (₹12,417.95 crore), but that quarter’s figure was exceptionally high compared with other recent quarters, making the year-over-year comparison a more consistent picture of the underlying business.

Profit before tax followed a similar pattern. It rose to ₹422.88 crore from ₹363.78 crore in Q1 FY2025-26, a gain of 16.25%. The profit margin before tax edged up to approximately 12.9% from 12.6% a year earlier, reflecting a slight improvement in profitability per unit of revenue. The sequential drop from Q4’s profit before tax of ₹1,626.23 crore mirrors the revenue decline, reinforcing that the fourth quarter’s results were unusually elevated.

Net profit for the period was ₹308.28 crore, with basic earnings per share of ₹1.99 compared with ₹1.76 in the prior-year quarter.

## Cost Structure and Expense Divergence

In Q1 FY2026-27, material costs remained the dominant expense at ₹2,304.96 crore, representing about 70.3% of revenue. Employee benefit expenses were ₹253.35 crore (7.7% of revenue), and depreciation was ₹54.47 crore (1.7% of revenue). Other expenses totaled ₹359.37 crore, or 11.0% of revenue.

A notable divergence appeared in other expenses. While revenue grew 13.99% year-over-year, other expenses rose 31.09% — from ₹274.15 crore in Q1 FY2025-26 to ₹359.37 crore in the current quarter — indicating that certain overhead or operational items increased at a faster pace than revenue. Finance costs remained negligible at ₹3.51 crore, pointing to limited reliance on debt. Other income contributed ₹83.58 crore.

## Balance Sheet Expansion

The most material change in the quarter was on the balance sheet. Net segment assets climbed to ₹18,237.16 crore as of 30 June 2026, a sequential increase of ₹5,569.55 crore, or 43.97%, from the closing balance of ₹12,667.61 crore in Q4 FY2025-26. Year‑over‑year, net segment assets more than doubled, rising 124.53% from ₹8,122.32 crore.

Net segment liabilities grew at a much slower pace, rising by ₹519.88 crore (11.63%) sequentially to ₹4,989.24 crore and by approximately 33% year‑over‑year. The disparity in growth between assets and liabilities resulted in a sharp increase in net segment equity (assets minus liabilities), which moved from about ₹8,198 crore at the end of Q4 to roughly ₹13,248 crore at the end of Q1.

This roughly ₹5,050 crore rise in net equity far exceeded the quarter’s net profit of ₹308.28 crore, signalling that a substantial capital injection, asset acquisition, or similar event reshaped the company’s financial scale during the quarter.

## Key Takeaway

Steady operational performance was evident in mid‑teen year‑over‑year growth in revenue and profit, with profit margins holding firm. The standout feature of the quarter, however, was a massive expansion in the asset base — net segment assets surged nearly 44% sequentially, well ahead of both liability growth and retained earnings. This points to a major capital event that sharply altered the company’s financial position.

### Ratios

## Official filings

- 2026-09-16 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CGPOWER_16092026114122_Intimation_of_Analyst_call_25_09_2026.pdf)
- 2026-09-09 — Litigation Disclosure: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_1241_WebXMLFile_20260909_193923132.xml)
- 2026-09-08 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_1241_WebXMLFile_20260908_140846932.xml)
- 2026-09-08 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CGPOWER_08092026194033_Disclosure_on_Income_Tax_Authority_Order_Sept_2026.pdf)
- 2026-09-04 — Press Release: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CGPOWER_04092026151829_Disclosure_on_additonal_Capacity_expansion_-_Transformers.pdf)
- 2026-09-04 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CGPOWER_04092026151721_Disclosure_on_additonal_Capacity_expansion_-_Transformers.pdf)
- 2026-09-01 — Management Change: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CGPOWER_01092026113412_SE_Intimation_SMP_Appt.pdf)
- 2026-09-01 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_1241_WebXMLFile_20260901_172826292.xml)
- 2026-08-27 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CGPOWER_27082026154455_SE_Intimitaion_Newspaper_Publication.pdf)
- 2026-08-26 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CGPOWER_26082026184502_SE_Intimitaion_Postal_Ballot.pdf)
- 2026-08-26 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_1241_WebXMLFile_20260826_210844262.xml)
- 2026-08-20 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CGPOWER_20082026105341_SE_Intimitaion_Tosil_20_08_26.pdf)
- 2026-08-20 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_1241_WebXMLFile_20260820_142344299.xml)
- 2026-08-19 — Management Change: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CGPOWER_19082026150441_SE_Intimitaion_Outcome_of_BM.pdf)
- 2026-08-18 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CGPOWER_18082026213036_SE_Intimitaion_Cyber_event.pdf)
- 2026-08-17 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CGPOWER_17082026144832_SE_Tosil_170826.pdf)
- 2026-08-14 — Management Change: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CGPOWER_14082026201036_Disclosure_Auditors_Resignation.pdf)
- 2026-08-12 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CGPOWER_12082026103147_Intimation_of_Analyst_call_12_08_2026.pdf)
- 2026-08-12 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CGPOWER_12082026095002_Intimation_of_Analyst_call_18_08_2026.pdf)
- 2026-08-06 — Generic Announcement: CG Power and Industrial Solutions Limited allotted 2,18,000 equity shares on August 6, 2026, under its Employee Stock Option Plan 2021. This allotment includes 2,00,000 shares at an exercise price of Rs. 305.55 and 18,000 shares at Rs. 635.10 per share. The company's paid-up equity share capital increased to Rs. 315,09,00,118 following this allotment. — [Official attachment](https://nsearchives.nseindia.com/corporate/CGPOWER_06082026210426_Disclosure_Allotment_06082026.pdf)
- 2026-08-06 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_1241_WebXMLFile_20260806_210652219.xml)
- 2026-07-30 — Generic Announcement: CG Power and Industrial Solutions Limited has uploaded the transcript of a conference call with analysts and investors held on July 24, 2026, to its website. This intimation was made on July 30, 2026, in compliance with SEBI regulations. — [Official attachment](https://nsearchives.nseindia.com/corporate/CGPOWER_30072026191510_Transcript_InvestorCall_BoardMeeting_Q1_2026_27.pdf)
- 2026-07-30 — Generic Announcement: CG Power and Industrial Solutions Limited allotted 2,18,150 equity shares on July 30, 2026, under its Employee Stock Option Plan 2021. The allotment included shares at exercise prices of Rs. 400.45, Rs. 610.10, and Rs. 635.10 per share. This allotment increased the company's paid-up equity share capital from Rs. 315,00,27,818 to Rs. 315,04,64,118. — [Official attachment](https://nsearchives.nseindia.com/corporate/CGPOWER_30072026122555_Disclosure_Allotment_30072026.pdf)
- 2026-07-25 — Generic Announcement: CG Power and Industrial Solutions Limited announced that all five resolutions presented at its 89th Annual General Meeting on July 24, 2026, were passed by the shareholders with the required majority. The resolutions included the adoption of standalone and consolidated financial statements for the fiscal year ending March 31, 2026, confirmation of interim dividend, re-appointment of Mr. Vellayan Subbiah, and ratification of the cost auditor's remuneration. The voting results were submitted on July 25, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/CGPOWER_25072026191618_Disclosure_VotingResults_24072026.pdf)
- 2026-07-24 — Press Release: CG Power and Industrial Solutions Limited has corrected a press release regarding its Q1 FY27 financial results, clarifying that S R B C & CO LLP, not S.R. Batliboi & Associates LLP, intends to resign as its statutory auditors effective August 14, 2026. The company reported strong financial performance for Q1 FY27, with consolidated sales up 14% YoY to INR 3,281 Cr and PAT up 16% YoY to INR 308 Cr. Key events include the commissioning of an EHV switchgear manufacturing facility and the commencement of commercial production at its semiconductor facility. — [Official attachment](https://nsearchives.nseindia.com/corporate/CGPOWER_24072026165817_SEDisclosure_PressRelease_-revised.pdf)

## News and market events

- 2026-09-17 — CNBC-TV18: **FIIs step up India stock selling to ₹3,209 crore despite market gains** — Foreign investors increased their selling from Wednesday, while domestic institutions bought ₹3,618 crore as the Nifty extended its gains for a second session. — [Source](https://www.cnbctv18.com/market/fiis-step-up-india-stock-selling-to-rs3209-crore-despite-market-gains-19993060.htm)
- 2026-09-17 — CNBC-TV18: **Sensex slips 22 points, Nifty rises for 2nd day: 5 reasons why market ended mixed today** — Midcap stocks outperformed the benchmark indices, keeping the market breadth in favour of advances. The National Stock Exchange's (NSE) advance-decline ratio stood at 2:1. As many as 35 Nifty stocks closed in the green, with insurance names among the top gainers. — [Source](https://www.cnbctv18.com/market/sensex-slips-22-points-nifty-rises-for-2nd-day-5-reasons-why-market-ended-mixed-today-19992874.htm)
- 2026-09-17 — BUSINESSTODAY: **HCL Tech, BEL, CG Power, Vedanta, Dixon Tech, Tata Elxsi shares in focus today; here's why** — PM Narendra Modi, SEMICON India event, HCL Technologies shares, Bharat Electronics stock, CG Power & Industrial Solutions share price today, Vedanta stock price, Dixon Technologies, Kaynes Technology India, Tata Elxsi, Moschip Technologies shares price today, MIC Electronics, SEMICON India 2026 — [Source](https://www.businesstoday.in/markets/stocks/story/hcl-tech-bel-cg-power-vedanta-dixon-tech-tata-elxsi-shares-in-focus-today-heres-why-556021-2026-09-17)
- 2026-09-16 — CNBC-TV18: **Kanohar Electricals IPO debut today: Shares command 30% GMP ahead of listing** — The ₹1,055.7-crore initial public offering (IPO) of Kanohar Electricals was subscribed 90.59 times on the final day of bidding. The issue received bids for 1,05,92,88,437 shares against 1,16,93,326 shares on offer. — [Source](https://www.cnbctv18.com/market/kanohar-electricals-ipo-listing-share-price-debuts-premium-discount-gmp-today-nse-bse-19991485.htm)
- 2026-09-15 — CNBC-TV18: **Foreign investors step up selling as Nifty hits five-month low** — Foreign institutional investors stepped up selling of Indian equities on Tuesday, while domestic investors absorbed much of the selling, as the benchmark Nifty fell to a five-month low. — [Source](https://www.cnbctv18.com/market/foreign-investors-step-up-selling-as-nifty-hits-five-month-low-19991296.htm)
- 2026-09-15 — Mint: **Solar Industries, Bharat Electronics, and CG Power shares fall up to 10% today: What’s driving the sell-off?** — Indian equities faced hurdles on Tuesday amid concerns over crude oil prices and global bond yields. Solar Industries saw volatility due to its acquisition announcement, and Bharat Electronics' stock fell despite defense deals boosting potential growth. — [Source](https://www.livemint.com/market/stock-market-news/solar-industries-bharat-electronics-and-cg-power-shares-fall-up-to-10-today-what-s-driving-the-selloff-11789452059197.html)
- 2026-09-10 — MONEYCONTROL: **Trade Spotlight: How should you trade Urban Company, Inox Wind, CG Power, Apollo Hospitals Enterprise, Adani Ports, and others on September 10?** — Trade Spotlight — [Source](https://www.moneycontrol.com/news/business/markets/trade-spotlight-how-should-you-trade-urban-company-inox-wind-cg-power-apollo-hospitals-enterprise-adani-ports-and-others-on-september-10-14026632.html)
- 2026-09-07 — Times of India: **Top stocks to buy: Stock recommendations for September 7, 2026 week - check list** — India Business News: Stock market recommendations: CG Power and Industrial Solutions, and Adani Power - these are the top stocks to buy that have been recommended by Motil. — [Source](https://timesofindia.indiatimes.com/business/india-business/top-stock-recommendations-for-september-07-2026-week-cg-power-and-industrial-solutions-adani-power-stocks-to-buy-today/articleshow/133840889.cms)
- 2026-09-04 — Economic Times: **CG Power and Industrial Solutions starts production at new Madhya Pradesh facility** — CG Power and Industrial Solutions announced the first power transformer rollout from its new Sehore facility. This facility is India's largest single-location power transformer manufacturing plant. It can produce thirty-five power transformers monthly, ranging from 220 kV to 1,200 kV. The new plant will create over two thousand direct and indirect jobs in Sehore. Madhya Pradesh's Chief Minister attended the event and spoke about development. — [Source](https://economictimes.indiatimes.com/industry/energy/power/cg-power-and-industrial-solutions-starts-production-at-new-madhya-pradesh-facility/articleshow/133761098.cms)
- 2026-09-04 — MONEYCONTROL: **Buy CG Power and Industrial Solutions; target of Rs 1020: Motilal Oswal** — Motilal Oswal, CG Power and Industrial Solutions, buy, Recommendations — [Source](https://www.moneycontrol.com/news/business/stocks/buy-cg-power-and-industrial-solutions-target-of-rs-1020-motilal-oswal-14022617.html)
- 2026-08-28 — Mint: **Stocks to buy or sell: Ajit Mishra of Religare Broking suggests strategies for three shares; do you own any? | Stock Market News** — Stocks to buy or sell: Ajit Mishra from Religare Broking shares key strategies for three notable stocks. Discover where to buy, sell, or hold in today’s intricate stock environment and what pivotal factors might influence your investment decisions. — [Source](https://www.livemint.com/market/stock-market-news/stocks-to-buy-or-sell-ajit-mishra-of-religare-broking-suggests-strategies-for-three-shares-do-you-own-any-11787883432582.html)
- 2026-08-27 — FREEPRESSJOURNAL.IN: **Transformer Stocks Rise: CG Power, GE Vernova, Hitachi Energy India Gain After Trump Restricts China-Linked Grid Equipment** — Transformer Stocks Rise: CG Power, GE Vernova, Hitachi Energy India Gain After Trump Restricts China-Linked Grid Equipment — [Source](https://www.freepressjournal.in/business/transformer-stocks-rise-cg-power-ge-vernova-hitachi-energy-india-gain-after-trump-restricts-china-linked-grid-equipment)
- 2026-08-22 — BUSINESSTODAY: **Numero Uno Gujarat: How Gujarat, the growth giant, is attracting massive investments in manufacturing** — Gujarat manufacturing growth, Gujarat industrial hub, Gujarat investment destination, Gujarat manufacturing GVA, Gujarat industrial policy 2026, Gujarat exports and ports, Gujarat semiconductor and automobile manufacturing — [Source](https://www.businesstoday.in/magazine/deep-dive/story/numero-uno-gujarat-how-gujarat-the-growth-giant-is-attracting-massive-investments-in-manufacturing-550769-2026-08-22)
- 2026-08-18 — CNBC-TV18: **CG Power reports suspected security breach on IT systems; operations unaffected** — Shares of CG Power and Industrial Solutions Ltd ended at ₹893.95, down by ₹4.45, or 0.50%, on the BSE. — [Source](https://www.cnbctv18.com/market/stocks/cg-power-and-industrial-solutions-share-price-reports-suspected-security-breach-on-it-systems-operations-unaffected-19972171.htm)
- 2026-08-18 — The Hindu: **Stocks to Watch, Aug 18: Paytm, Airtel, GMR Airports, Netweb Tech, SPR Auto, Lenskart, Manipal Health** — Key developments include Gulshan Polyols’ ethanol allocation worth ₹146.66 crore, Bharti Airtel’s upcoming leadership change, and GMR Airports expanding its portfolio with a new international terminal — [Source](https://www.thehindubusinessline.com/markets/stock-markets/stocks-in-focus-paytm-airtel-gmr-airports-netweb-tech-spr-auto-lenskart-manipal-health-and-more/article71358731.ece)
- 2026-08-18 — The Hindu: **Sensex today | Stock Market Live: Sensex down 250 pts in early trade, Nifty below 24,250; Infosys, IndiGo top losers** — Sensex, Nifty, Share Prices LIVE: Markets opened in the red on Tuesday, August 18, extending a five-session losing streak as surging crude oil prices and the collapse of the U.S.-Iran ceasefire kept investor sentiment under pressure — [Source](https://www.thehindubusinessline.com/markets/stock-market-live-sensex-nifty50-today-live-updates-today-18th-august-2026/article71358725.ece)
- 2026-08-17 — The Hindu: **Sensex today | Stock Market LIVE: Sensex down 280 pts as markets close, Nifty down 80 pts to 24,287.65; Infosys, HCL Tech are top losers** — Sensex, Nifty, Share Prices Live updates: At around 3 pm, Sensex declined 120 pts or 0.16% to 77,881.93; and Nifty 50 was down 22.30 pts or 0.12% to 24,343.70 — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-17th-august-2026/article71354693.ece)
- 2026-08-14 — CNBC-TV18: **Tube Investments Q1 profit falls 15% as margins contract despite revenue growth** — Murugappa Group company's consolidated profit stood at ₹168.6 crore in the June quarter, compared with ₹198.9 crore in the corresponding quarter of the previous year. Revenue rose 17% to ₹6,215.1 crore from ₹5,309.1 crore a year earlier. — [Source](https://www.cnbctv18.com/market/earnings/tube-investments-q1-profit-falls-15-as-margins-contract-despite-revenue-growth-19969684.htm)
- 2026-07-29 — CNBC-TV18: **CG Power remains top capital goods pick; IIFL bullish on MTAR Tech, L&T, and BHEL** — Renu Baid Pugalia, Senior VP–Research at IIFL Institutional Equities believes MTAR Tech's strong order book remains intact despite the recent correction in Bloom Energy's stock. Baid expects L&T's growth to pick up in the second half of the financial year, sees room for margin expansion at BHEL, and believes Azad Engineering's long-term growth story remains firmly on track. — [Source](https://www.cnbctv18.com/market/cg-power-mtar-tech-lt-bhel-azad-engineering-iifl-capital-goods-outlook-19956623.htm)
- 2026-07-29 — CNBC-TV18: **Sensex Today | Stock Market LIVE Updates: Nifty hits 24,200; Paradeep Phosphates up 9%** — Sensex Today | Stock Market LIVE Updates: A narrow, range-bound session means no significant change in the index range, which remains between 23,800 on the downside and 24,000 on the upper end, before moving to last week's high of 24,260. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-hul-asian-paints-adani-oil-lt-grse-it-dmart-share-price-liveblog-19956206.htm)
- 2026-07-24 — CNBC-TV18: **Q1 Results LIVE Update: Infosys shares down nearly 2%; Tata Consumer Products, SBI Life report today** — Q1 Results LIVE Updates: SBI Life, Shriram Finance Tata Consumer Products, NTPC, ACC, Atul, Bank of Baroda, Apar Industries, CG Power, CreditAccess Grameen, CONCOR, DCB Bank, Dalmia Bharat, Greenply Industries, Jindal Steel, Dr Lal Pathplabs, Kfin Tech, New India Assurance, Laurus Labs, Ramkrishna Forgings, Sapphire Foods, Shakti Pumps, SBI Cards, Sterlite Tech, V-Mart, Welspun Corp, are among the companies reporting their Q1 results today. Also watch for earnings reactions from Infosys, IndiGo and others. Stay tuned for all the LIVE earnings updates. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-infosys-indigo-shriram-finance-ntpc-tata-consumer-sbi-life-bob-boi-dcb-bank-concor-cg-power-share-price-liveblog-19952847.htm)
- 2026-07-24 — The Hindu: **LIVE Q1 Results Today 24th July: Shriram Finance, Tata Consumer, Hindustan Zinc, BoB, Dalmia Bharat, Jindal Steel, Laurus Labs, SBI Life, CG Power, NTPC, Lodha, SAIL, Welspun Corp to announce Q1 results, Cipla & MphasiS gain, Infosys, IndiGo & Meesho shares down after Q1** — Q1 Results Today, 24th July 2026 Live Updates: Get real-time Q1 FY27 earnings updates, profit growth, revenue numbers and management outlook of NTPC, Shriram Finance, Hindustan Zinc, SBI Life Insurance Company, CG Power and Industrial Solutions, Bank of Baroda, Lodha Developers, Tata Consumer Products, Jindal Steel, REC, Laurus Labs, Steel Authority of India, Bank of India, SBI Cards & Payment Services, Apar Industries, Welspun Corp, Container Corporation of India, Dalmia Bharat, Acutaas Chemica... — [Source](https://www.thehindubusinessline.com/markets/fy27-q1-results-today-live-updates-shriram-finance-hindustan-zinc-dalmia-bharat-tata-consumer-jindal-steel-lodha-laurus-labs-sbi-life-cg-power-ntpc-infosys-indigo-cipla-results-24-july-2026/article71257341.ece)
- 2026-07-23 — CNBC-TV18: **Stocks to Watch for July 24: Infosys, IndiGo, Suryoday SFB and more** — From Motilal Oswal Financial Services Ltd reporting a 14.04% year-on-year increase in operating profit to InterGlobe Aviation reporting a consolidated net loss of ₹238 crore for the June quarter; here are stocks to track ahead of Friday's trading session. — [Source](https://www.cnbctv18.com/photos/market/stocks-to-watch-for-july-24-infosys-indigo-suryoday-sfb-and-more-19952641.htm)
- 2026-07-23 — CNBC-TV18: **Market Pulse: Key triggers to watch before the July 24 trading session** — Indian markets and investors will closely track developments in West Asia and crude oil prices after oil crossed the $100 per barrel mark amid escalating tensions in the region. Another key factor for markets will be the expiry of President Donald Trump’s temporary 10% global tariff, imposed under Section 122 of the Trade Act. The tariff is scheduled to expire on Friday after reaching its 150-day statutory limit. On the positive side, US jobless claims fell to their lowest level in more than five decades last week, indicating that layoffs remained low despite ongoing global economic uncertainty. — [Source](https://www.cnbctv18.com/photos/market/market-pulse-key-triggers-to-watch-before-the-july-24-trading-session-19952692.htm)

## Business profile

**Strategic vision:** Designs and manufactures electrical products and solutions.

### Business segments
- **Power Systems:** This segment includes power and distribution transformers essential for electricity transmission and distribution networks.
- **Industrial Systems:** The company offers a range of switchgear products for electrical protection and control, and manufactures various types of motors and provides stampings and laminations for industrial applications.
- **Semiconductors:** The company provides semiconductor design, outsourced semiconductor assembly and testing (OSAT), and turnkey solutions.
- **Railways:** CG is a significant contributor to the railway sector, offering traction machines and systems, railway signaling products, and electronic safety embedded signaling systems.
- **Consumer Appliances:** For residential applications, CG offers products like fans, pumps, and water heaters.
- **Other Activities:** This segment includes the manufacture and dealing in specialty adhesive tapes and labels, maintenance and repair of electronic devices, and the development, production, and marketing of inverter products.

### Competitive strengths
- Legacy of over 88 years in electrical product design and manufacturing.
- Global manufacturing footprint with facilities in India and Europe.
- Diverse product portfolio serving multiple key industries.

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/cgpower
Markdown representation: https://faxioms.com/stocks/cgpower?render=md