# CG Power and Industrial Solutions (CGPOWER) — Stock analysis

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

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹773
- Change: -4.43%
- As of: 2026-11-06
- 1D return: -4.43%
- 5D return: -3.86%
- 1M return: -10.33%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

On 2026-11-06, CGPOWER closed at ₹773.00, reflecting a sharp -4.4% daily decline accompanied by extreme volume (5.12x normal) and a wide intraday range (+13.3%). This signals strong selling pressure and high participation in the downward move. Daily trend indicators confirm bearish momentum: price is below all key moving averages (EMA/SMA 20/50/200) and the Supertrend, with an established ADX of 26.49. The stock is trading near the lower end of its 50-day range (+19.9%) and has pulled back -20.8% from recent highs. However, the monthly structure remains bullish, with price above monthly MAs and Supertrend, suggesting the current drop may be a correction within a longer-term uptrend. Immediate support lies at ₹772.25 and ₹771.60, while resistance begins at ₹790.20.

- Bearish Daily Momentum: Price (-4.4%) closed below all daily moving averages and Supertrend; ADX 26.49 indicates established downtrend strength.
- High Participation Sell-off: Extreme volume anomaly (5.12x ratio) and wide intraday range (+13.3%) highlight significant distribution on 2026-11-06.
- Monthly Bullish Context: Despite daily weakness, price remains above monthly MAs and Supertrend, keeping the long-term trend intact.
- Key Levels: Support at ₹772.25/₇71.60; Resistance at ₹790.20/₈00.21. A close above ₹790.20 would be needed to signal short-term stabilization.

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

### News Context

CG Power and Industrial Solutions experienced a 10% share price decline over two sessions ending November 6, 2026, triggered by a directive from the Maharashtra Pollution Control Board to shut down its Chhatrapati Sambhajinagar manufacturing unit under environmental laws. This operational disruption coincided with broader market volatility, including a global sell-off in AI-related stocks following US midterm election results, which raised investor concerns regarding future data center buildouts. Despite these headwinds, Bajaj Broking identified CG Power as a fundamental pick on November 3, projecting approximately 15% upside based on resilient domestic growth and Q2FY27 earnings momentum, while noting near-term equity volatility due to geopolitical tensions and rising bond yields.

- Share Price Movement: CG Power shares fell 10% over two sessions through November 6, 2026.
- Operational Impact: The Maharashtra Pollution Control Board directed the closure of the company’s Chhatrapati Sambhajinagar manufacturing unit under environmental regulations.
- Market Context: A global sell-off in AI-related stocks post-US midterms contributed to negative sentiment regarding data center infrastructure demand.
- Analyst View: Bajaj Broking (November 3) highlighted CG Power as a fundamental buy with projected ~15% upside, citing strong Q2FY27 earnings despite near-term macro volatility.

- [CG Power share price falls 10% in two sessions - Here are the factors contributing to it](https://www.cnbctv18.com/market/cg-power-share-price-falls-mpcb-directs-closure-of-chhatrapati-sambhajinagar-unit-20027883.htm)
- [Tube Investments Q2 FY27 Earnings Shift Into Top Gear As Net Profit Soars 39% To ₹420.58 Crore, Revenue Zooms 33% To ₹7,330 Crore While Board Clears ₹83 Crore Expansion Plan](https://www.freepressjournal.in/business/tube-investments-q2-fy27-earnings-shift-into-top-gear-as-net-profit-soars-39-to-42058-crore-revenue-zooms-33-to-7330-crore-while-board-clears-83-crore-expansion-plan)
- [Diwali picks: Adani Power, ICICI Bank, M&M CG Power among top stocks to buy; check details](https://www.businesstoday.in/markets/trending-stocks/story/diwali-picks-adani-power-icici-bank-mm-cg-power-among-top-stocks-to-buy-check-details-565326-2026-11-03)

### What Changed

As of 6 November 2026, CG Power and Industrial Solutions (NSE: CGPOWER) has experienced a material price decline of approximately 10%, with the share price falling from ₹808.8 to ₹773.0 over two trading sessions. This drop is primarily driven by a directive from the Maharashtra Pollution Control Board mandating the shutdown of the company’s Chhatrapati Sambhajinagar manufacturing unit due to environmental law violations. The sell-off is further compounded by broader market pressures, including a global correction in AI-related equities following US midterm election results, which has heightened investor concerns regarding future data center buildouts and demand visibility.

- Price dropped ~10% from ₹808.8 to ₹773.0 between observation dates ending 6 Nov 2026
- Maharashtra Pollution Control Board ordered closure of Chhatrapati Sambhajinagar manufacturing unit
- Global AI-stock sell-off post-US midterms added downward pressure on valuation sentiment

- [CG Power share price falls 10% in two sessions - Here are the factors contributing to it](https://www.cnbctv18.com/market/cg-power-share-price-falls-mpcb-directs-closure-of-chhatrapati-sambhajinagar-unit-20027883.htm)

### Official Filings

CG Power and Industrial Solutions Limited reported mixed developments for the period ending November 2026, highlighting both operational expansion and regulatory risk. On October 23, 2026, the Board approved Q2 FY27 unaudited results showing consolidated revenue of ₹3,801.54 crores (up from ₹2,922.79 crores YoY) and profit after tax of ₹412.04 crores. The Board simultaneously authorized significant capital expenditures, including a ₹68 crore capacity enhancement for power transformers, a ₹300 crore brownfield expansion for switchgear OIP facilities, and acquisitions such as Tosil Systems Private Limited for ₹16.44 crores.

Conversely, on November 5, 2026, the company disclosed that the Maharashtra Pollution Control Board directed the closure of all manufacturing activities at its Waluj plant due to alleged violations of water and air pollution acts. CG Power stated it is reviewing the direction and noted that the financial impact was not ascertainable at the time of disclosure. Other filings included an ESOP allotment of 17,000 shares in early November and a strategic investment by subsidiary Axiro Semiconductor in ThinSiC Inc., though no financial terms were disclosed for the latter.

- Regulatory Risk: Maharashtra Pollution Control Board ordered closure of the Waluj plant on November 3, 2026, citing pollution act violations; financial impact remains unascertained as of the November 5 disclosure.
- Financial Performance: Consolidated revenue for Q2 FY27 reached ₹3,801.54 crores against ₹2,922.79 crores in the prior year, with attributable profit after tax at ₹412.04 crores.
- Capital Expenditure: Board approved multiple expansion projects totaling over ₹383 crores, including ₹68 crores for transformer capacity, ₹300 crores for switchgear expansion, and ₹15.31 crores for EHV circuit breakers.
- Corporate Actions: Subsidiary Axiro Semiconductor invested in ThinSiC Inc. as lead investor without disclosed terms; paid-up share capital increased marginally via ESOP allotment of 17,000 shares.

- [CG Power and Industrial Solutions Limited has informed the Exchange about Action(s) taken or orders passed |SUBJECT: Action(s) taken or orders passed](https://nsearchives.nseindia.com/corporate/CGPOWER_05112026123502_Draft_SE_Disclosure-_Closure_of_Operations-051126.pdf)
- [CG Power and Industrial Solutions Limited has informed the Exchange about Action(s) taken or orders passed (sub-para 20) |SUBJECT: Actions initiated/taken or orders passed-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/AIATOP_1241_WebXMLFile_20261105_124205742.xml)
- [CG Power and Industrial Solutions Limited has informed the Exchange regarding Allotment of 17000 Shares. |SUBJECT: ESOP/ESOS/ESPS](https://nsearchives.nseindia.com/corporate/CGPOWER_03112026172203_Disclosure_-_ESOP_Allotment-031126.pdf)
- [CG Power and Industrial Solutions Limited has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_1241_WebXMLFile_20261103_180524169.xml)
- [CG Power and Industrial Solutions Limited has informed the Exchange regarding a press release dated October 29, 2026, titled "Axiro Semiconductor Invests in ThinSiC to Strengthen Position in Next-Generation Silicon Carbide Power Semiconductors". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/CGPOWER_29102026122240_SE_Disclosure-Press_Release-Axiro-Investment_in_ThinSic.pdf)
- [CG Power and Industrial Solutions Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/CGPOWER_29102026193918_Transcript_InvestorCall_BoardMeeting_Q2_2026_27.pdf)
- [CG Power and Industrial Solutions Limited has informed the Exchange about General Updates |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/CGPOWER_26102026184729_Disclosure_RDSO_Approval_signed.pdf)
- [CG Power and Industrial Solutions Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/CGPOWER_23102026142554_OutcomeoftheBoardMeeting23102026.pdf)
- [CG Power and Industrial Solutions Limited has informed the Exchange about change in Management |SUBJECT: Change in Management](https://nsearchives.nseindia.com/corporate/CGPOWER_23102026142822_OutcomeoftheBoardMeeting23102026.pdf)
- [CG Power and Industrial Solutions Limited has informed the Exchange about Capacity addition |SUBJECT: Capacity addition](https://nsearchives.nseindia.com/corporate/CGPOWER_23102026142708_OutcomeoftheBoardMeeting23102026.pdf)

### Fundamentals

CG Power and Industrial Solutions is executing a high-growth expansion phase, evidenced by robust top-line momentum and aggressive capital deployment. For Q2 FY2026-27 (Sep 2026), revenue from operations surged to ₹3,802 crore, reflecting a strong sequential increase from Q1’s ₹3,281 crore and a 30% year-on-year growth rate. Operating profit expanded significantly to ₹559 crore in the quarter, contributing to a trailing twelve-month (TTM) operating profit of ₹1,801 crore and net profit of ₹1,365 crore. Earnings per share rose to ₹2.62 in Sep 2026, up from ₹1.45 in Sep 2024.

Financial health shows a distinct shift toward investment-led growth. Borrowings increased sharply to ₹169 crore as of Sep 2026, while Cash Work-in-Progress (CWIP) grew to ₹846 crore, indicating substantial capacity addition. This investment drive is funded largely by external capital; cash flow from financing activities turned positive at ₹2,794 crore for Mar 2026, contrasting with negative figures in prior years. However, this expansion has impacted efficiency metrics: the Cash Conversion Cycle widened to 48 days as of Mar 2026, driven by an increase in Working Capital Days to 70 days and Debtor Days to 86 days. Return on Capital Employed (ROCE) declined to 27% in Mar 2026 from 47% in Mar 2024, suggesting that returns are lagging behind the rapid asset base growth. Institutional interest is rising, with DIIs increasing their stake to 18.96% by Sep 2026.

The critical checkpoint for the next period is whether the company can accelerate the conversion of its growing CWIP into fixed assets and revenue streams, thereby stabilizing or improving working capital efficiency and ROCE.

- Revenue Growth: Q2 FY2026-27 revenue reached ₹3,802 crore (up sequentially from Q1’s ₹3,281 crore), with TTM sales at ₹13,699 crore and 30% YoY growth in Sep 2026.
- Earnings Quality: Net profit for Sep 2026 was ₹409 crore (EPS ₹2.62); TTM net profit stands at ₹1,365 crore, supported by strong operating leverage.
- Balance Sheet Shift: Borrowings rose to ₹169 crore and CWIP to ₹846 crore by Sep 2026, funded by ₹2,794 crore in financing cash flows (Mar 2026), signaling active capacity expansion.
- Efficiency Monitor: ROCE fell to 27% (Mar 2026) and Working Capital Days jumped to 70 days; investors should monitor if operational efficiencies improve as new capacities come online.

### Bull Case

CG Power presents a conditional upside case anchored by its multi-timeframe technical structure and analyst fundamental projections, despite recent bearish daily momentum. On the weekly chart, the Supertrend remains bullish with a positive SMA-50 slope of +8.89, suggesting the broader intermediate-term trend has not yet reversed. Similarly, the monthly timeframe shows a bullish Supertrend direction. This structural resilience contrasts with the current daily downtrend (Supertrend bearish, SMA-20 slope -18.82), indicating that while short-term price action is weak, the longer-term technical foundation remains intact. Furthermore, Bajaj Broking has identified CG Power as a fundamental pick, projecting approximately 15% upside based on resilient Q2FY27 earnings across the domestic market. The stock currently trades at ₹773.0, near immediate support levels around ₹772.25, with resistance overhead at ₹790.2. The constructive interpretation holds conditionally if the stock can stabilize above key weekly supports and if the broader domestic growth outlook supported by strong earnings continues to drive fundamental interest.

- Weekly and monthly technical trends remain bullish (Supertrend direction positive), contrasting with the bearish daily trend, suggesting intermediate-term structure is preserved.
- Analyst projection from Bajaj Broking indicates approximately 15% upside potential, citing fundamental strength aligned with resilient Q2FY27 domestic earnings.
- Current price of ₹773.0 sits near immediate support at ₹772.25, with the first resistance level at ₹790.2 (2.23% above), defining the near-term trading range for trend confirmation.

- [CG Power share price falls 10% in two sessions - Here are the factors contributing to it](https://www.cnbctv18.com/market/cg-power-share-price-falls-mpcb-directs-closure-of-chhatrapati-sambhajinagar-unit-20027883.htm)
- [Tube Investments Q2 FY27 Earnings Shift Into Top Gear As Net Profit Soars 39% To ₹420.58 Crore, Revenue Zooms 33% To ₹7,330 Crore While Board Clears ₹83 Crore Expansion Plan](https://www.freepressjournal.in/business/tube-investments-q2-fy27-earnings-shift-into-top-gear-as-net-profit-soars-39-to-42058-crore-revenue-zooms-33-to-7330-crore-while-board-clears-83-crore-expansion-plan)
- [Diwali picks: Adani Power, ICICI Bank, M&M CG Power among top stocks to buy; check details](https://www.businesstoday.in/markets/trending-stocks/story/diwali-picks-adani-power-icici-bank-mm-cg-power-among-top-stocks-to-buy-check-details-565326-2026-11-03)
- [CG Power and Industrial Solutions Limited has informed the Exchange about Action(s) taken or orders passed |SUBJECT: Action(s) taken or orders passed](https://nsearchives.nseindia.com/corporate/CGPOWER_05112026123502_Draft_SE_Disclosure-_Closure_of_Operations-051126.pdf)
- [CG Power and Industrial Solutions Limited has informed the Exchange about Action(s) taken or orders passed (sub-para 20) |SUBJECT: Actions initiated/taken or orders passed-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/AIATOP_1241_WebXMLFile_20261105_124205742.xml)
- [CG Power and Industrial Solutions Limited has informed the Exchange regarding Allotment of 17000 Shares. |SUBJECT: ESOP/ESOS/ESPS](https://nsearchives.nseindia.com/corporate/CGPOWER_03112026172203_Disclosure_-_ESOP_Allotment-031126.pdf)
- [CG Power and Industrial Solutions Limited has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_1241_WebXMLFile_20261103_180524169.xml)
- [CG Power and Industrial Solutions Limited has informed the Exchange regarding a press release dated October 29, 2026, titled "Axiro Semiconductor Invests in ThinSiC to Strengthen Position in Next-Generation Silicon Carbide Power Semiconductors". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/CGPOWER_29102026122240_SE_Disclosure-Press_Release-Axiro-Investment_in_ThinSic.pdf)
- [CG Power and Industrial Solutions Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/CGPOWER_29102026193918_Transcript_InvestorCall_BoardMeeting_Q2_2026_27.pdf)
- [CG Power and Industrial Solutions Limited has informed the Exchange about General Updates |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/CGPOWER_26102026184729_Disclosure_RDSO_Approval_signed.pdf)

### Bear Case

CG Power and Industrial Solutions faces immediate operational and technical headwinds as of November 6, 2026. The company’s Chhatrapati Sambhajinagar manufacturing unit has been ordered to shut down by the Maharashtra Pollution Control Board under environmental laws, introducing direct production constraints. This regulatory action coincides with a sharp price decline; shares fell 10% over two sessions, closing at ₹773.0 on November 6 after trading between ₹733.75 and ₹784.6. Technical indicators reflect this deterioration: the daily Supertrend is bearish, with the 20-day EMA slope at -13.4 and the 50-day SMA slope at -6.18, signaling short-term momentum loss. The stock is currently in a significant drawdown of -20.8%, having retreated from a maximum historical drawdown of -33.0%. While the monthly trend remains bullish, near-term volatility is elevated, with annualized volatility at +36.5% and an Average True Range (ATR) of 4.32%. Resistance sits immediately above at ₹790.2 (2.23% away), while support is thin at ₹772.25.

- Regulatory Shutdown: Maharashtra Pollution Control Board directive mandates closure of the Chhatrapati Sambhajinagar manufacturing unit under environmental laws.
- Price Action: Shares dropped 10% over two sessions, closing at ₹773.0 on November 6, 2026, following a high of ₹808.8 previously.
- Technical Deterioration: Daily Supertrend is bearish; current drawdown is -20.8% against a maximum drawdown of -33.0%; annualized volatility stands at +36.5%.
- Key Levels: Immediate resistance at ₹790.2 (+2.23%); immediate support at ₹772.25 (-0.10%).

- [CG Power share price falls 10% in two sessions - Here are the factors contributing to it](https://www.cnbctv18.com/market/cg-power-share-price-falls-mpcb-directs-closure-of-chhatrapati-sambhajinagar-unit-20027883.htm)
- [Tube Investments Q2 FY27 Earnings Shift Into Top Gear As Net Profit Soars 39% To ₹420.58 Crore, Revenue Zooms 33% To ₹7,330 Crore While Board Clears ₹83 Crore Expansion Plan](https://www.freepressjournal.in/business/tube-investments-q2-fy27-earnings-shift-into-top-gear-as-net-profit-soars-39-to-42058-crore-revenue-zooms-33-to-7330-crore-while-board-clears-83-crore-expansion-plan)
- [Diwali picks: Adani Power, ICICI Bank, M&M CG Power among top stocks to buy; check details](https://www.businesstoday.in/markets/trending-stocks/story/diwali-picks-adani-power-icici-bank-mm-cg-power-among-top-stocks-to-buy-check-details-565326-2026-11-03)
- [CG Power and Industrial Solutions Limited has informed the Exchange about Action(s) taken or orders passed |SUBJECT: Action(s) taken or orders passed](https://nsearchives.nseindia.com/corporate/CGPOWER_05112026123502_Draft_SE_Disclosure-_Closure_of_Operations-051126.pdf)
- [CG Power and Industrial Solutions Limited has informed the Exchange about Action(s) taken or orders passed (sub-para 20) |SUBJECT: Actions initiated/taken or orders passed-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/AIATOP_1241_WebXMLFile_20261105_124205742.xml)
- [CG Power and Industrial Solutions Limited has informed the Exchange regarding Allotment of 17000 Shares. |SUBJECT: ESOP/ESOS/ESPS](https://nsearchives.nseindia.com/corporate/CGPOWER_03112026172203_Disclosure_-_ESOP_Allotment-031126.pdf)
- [CG Power and Industrial Solutions Limited has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_1241_WebXMLFile_20261103_180524169.xml)
- [CG Power and Industrial Solutions Limited has informed the Exchange regarding a press release dated October 29, 2026, titled "Axiro Semiconductor Invests in ThinSiC to Strengthen Position in Next-Generation Silicon Carbide Power Semiconductors". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/CGPOWER_29102026122240_SE_Disclosure-Press_Release-Axiro-Investment_in_ThinSic.pdf)
- [CG Power and Industrial Solutions Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/CGPOWER_29102026193918_Transcript_InvestorCall_BoardMeeting_Q2_2026_27.pdf)
- [CG Power and Industrial Solutions Limited has informed the Exchange about General Updates |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/CGPOWER_26102026184729_Disclosure_RDSO_Approval_signed.pdf)

### FAQs

**Why has CG Power's share price fallen recently?**

Shares fell 10% over two sessions due to a Maharashtra Pollution Control Board directive ordering the closure of its Chhatrapati Sambhajinagar manufacturing unit for alleged environmental violations. This regulatory action coincided with a global sell-off in AI-related stocks following US midterm election results, which raised concerns about future data center buildouts.

**What is the financial impact of the MPCB order on CG Power?**

The company disclosed that the financial impact of the closure order was not ascertainable at the time of filing on November 5, 2026. The firm stated it is reviewing the direction and will take appropriate action, but no specific monetary loss or operational disruption metrics were provided in the announcement.

**How does the stock perform technically as of November 6, 2026?**

On a daily basis, the trend is bearish with the price closing at ₹773.00, down from the previous close of ₹808.80. Key resistance levels are noted at ₹790.20 and ₹800.21, while immediate support sits near ₹772.25. Despite short-term weakness, the monthly trend remains bullish, and the stock is up +21.2% year-to-date.

**Has CG Power made any recent strategic investments?**

Yes. On October 29, 2026, its wholly owned subsidiary Axiro Semiconductor announced a strategic investment in ThinSiC Inc., joining as a lead investor in ThinSiC’s latest financing round. This move aims to support the development and commercialization of silicon carbide power-device technology, though the specific investment amount was not disclosed.

- [CG Power share price falls 10% in two sessions - Here are the factors contributing to it](https://www.cnbctv18.com/market/cg-power-share-price-falls-mpcb-directs-closure-of-chhatrapati-sambhajinagar-unit-20027883.htm)
- [Tube Investments Q2 FY27 Earnings Shift Into Top Gear As Net Profit Soars 39% To ₹420.58 Crore, Revenue Zooms 33% To ₹7,330 Crore While Board Clears ₹83 Crore Expansion Plan](https://www.freepressjournal.in/business/tube-investments-q2-fy27-earnings-shift-into-top-gear-as-net-profit-soars-39-to-42058-crore-revenue-zooms-33-to-7330-crore-while-board-clears-83-crore-expansion-plan)
- [Diwali picks: Adani Power, ICICI Bank, M&M CG Power among top stocks to buy; check details](https://www.businesstoday.in/markets/trending-stocks/story/diwali-picks-adani-power-icici-bank-mm-cg-power-among-top-stocks-to-buy-check-details-565326-2026-11-03)
- [CG Power and Industrial Solutions Limited has informed the Exchange about Action(s) taken or orders passed |SUBJECT: Action(s) taken or orders passed](https://nsearchives.nseindia.com/corporate/CGPOWER_05112026123502_Draft_SE_Disclosure-_Closure_of_Operations-051126.pdf)
- [CG Power and Industrial Solutions Limited has informed the Exchange about Action(s) taken or orders passed (sub-para 20) |SUBJECT: Actions initiated/taken or orders passed-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/AIATOP_1241_WebXMLFile_20261105_124205742.xml)
- [CG Power and Industrial Solutions Limited has informed the Exchange regarding Allotment of 17000 Shares. |SUBJECT: ESOP/ESOS/ESPS](https://nsearchives.nseindia.com/corporate/CGPOWER_03112026172203_Disclosure_-_ESOP_Allotment-031126.pdf)
- [CG Power and Industrial Solutions Limited has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_1241_WebXMLFile_20261103_180524169.xml)
- [CG Power and Industrial Solutions Limited has informed the Exchange regarding a press release dated October 29, 2026, titled "Axiro Semiconductor Invests in ThinSiC to Strengthen Position in Next-Generation Silicon Carbide Power Semiconductors". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/CGPOWER_29102026122240_SE_Disclosure-Press_Release-Axiro-Investment_in_ThinSic.pdf)
- [CG Power and Industrial Solutions Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/CGPOWER_29102026193918_Transcript_InvestorCall_BoardMeeting_Q2_2026_27.pdf)
- [CG Power and Industrial Solutions Limited has informed the Exchange about General Updates |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/CGPOWER_26102026184729_Disclosure_RDSO_Approval_signed.pdf)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Moderate Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹815.6
- Risk regime: Price Risk Requires Attention

### Support levels
- 772.25
- 733.86875
- 718.7249999999999

### Resistance levels
- 800.2125000000001
- 848.58125
- 895.903125

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -4.43% |
| return_10 | -4.96% |
| return_1m | -15.24% |
| return_1y | +5.50% |
| return_20 | -10.33% |
| return_3m | -11.76% |
| return_5 | -3.86% |
| return_6m | -6.74% |
| return_since_start | +4.32% |
| return_ytd | +21.18% |

### 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 | +36.53% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# CG Power and Industrial Solutions Limited FY2026-27 Q2: Revenue up 30% YoY

Consolidated revenue from operations rose 30.1% year on year (YoY) and 15.9% quarter on quarter (QoQ) to ₹3,802 crore in the quarter ended 30 September 2026. Profit before tax increased 44.1% YoY to ₹559 crore, while profit for the period from continuing operations rose 43.8% YoY to ₹409 crore.

## Revenue growth and profit conversion

Revenue from operations increased from ₹3,281 crore in Q1 FY2026-27 to ₹3,802 crore in Q2, compared with ₹2,923 crore in Q2 FY2025-26. Total expenses rose 13.0% QoQ to ₹3,324 crore, slower than revenue growth. Profit before tax increased 32.2% QoQ to ₹559 crore from ₹423 crore in Q1 FY2026-27.

Profit for the period from continuing operations was ₹409 crore, up from ₹308 crore in Q1 FY2026-27 and ₹284 crore in Q2 FY2025-26. Tax expense increased 31.0% QoQ to ₹150 crore. Basic earnings per share from continuing operations rose to ₹2.62 from ₹1.99 in Q1 FY2026-27 and ₹1.82 in Q2 FY2025-26.

## Cost structure

Cost of materials consumed was ₹2,497 crore, the largest reported expense line. Other expenses increased 15.3% QoQ to ₹414 crore, while finance costs rose to ₹4.34 crore from ₹3.51 crore. Employee benefit expense was ₹261 crore and depreciation, depletion and amortisation expense was ₹57.7 crore.

## Working capital and cash

At 30 September 2026, trade receivables stood at ₹3,704 crore, up from ₹2,924 crore at 31 March 2026 and ₹2,210 crore at 30 September 2025. Inventories were ₹1,916 crore, compared with ₹1,584 crore at 31 March 2026, while trade payables rose to ₹2,797 crore from ₹2,468 crore over the same six-month period. Receivables increased more than payables over those six months, and inventory also expanded.

Cash and cash equivalents were ₹324 crore at 30 September 2026, compared with ₹301 crore at 31 March 2026. The company also reported bank balances other than cash and cash equivalents of ₹553 crore at the September quarter-end.

## Asset base and investment

Property, plant and equipment increased to ₹1,588 crore at 30 September 2026 from ₹1,223 crore at 31 March 2026. Capital work in progress rose to ₹846 crore from ₹647 crore over the same period. Total assets were ₹14,460 crore and equity was ₹8,960 crore at quarter-end. Reported borrowings comprised ₹14.12 crore of current borrowings and ₹13 lakh of non-current borrowings.

## Key Takeaway

Revenue and profit grew strongly in Q2, with profit before tax rising faster than revenue both year on year and sequentially. Receivables and inventory also increased over the six months to September, making working-capital balances an important counterpart to the earnings advance.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q1
- As of: 2026-06-30
- Promoter holding: +56.36%
- FII holding: +11.97%
- DII holding: +18.23%
- Mutual fund holding: +9.93%
- Retail holding: +7.72%
- Promoter pledged: +0.00%

### Major reported shareholders

- Tube Investments of India Limited — +56.29% (Bodies Corporate)
- Qualified Institutional Buyers — +4.00% (Other)
- NPS TRUST- A/C SBI PENSION FUND SCHEME - STATE GOVT — +3.51%
- MOTILAL OSWAL LARGE AND MIDCAP FUND — +1.62%
- AXIS ELSS TAX SAVER FUND — +1.57%
- LIFE INSURANCE CORPORATION OF INDIA — +1.34% (Other)
- NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA MULTI CAP FUND — +1.10%
- GOVERNMENT PENSION FUND GLOBAL — +1.10%
- M A MURUGAPPAN HOLDINGS LLP (Formerly,  M A Murugappan Holdings Private Limited) — +0.02% (Bodies Corporate)
- M.A.ALAGAPPAN — +0.01%

## Official filings

- 2026-11-07 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CGPOWER_07112026134853_Disclosure-_High_Court_Stay_order_on_Closure_of_Operations.pdf)
- 2026-11-05 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CGPOWER_05112026123502_Draft_SE_Disclosure-_Closure_of_Operations-051126.pdf)
- 2026-11-05 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/AIATOP_1241_WebXMLFile_20261105_124205742.xml)
- 2026-11-03 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CGPOWER_03112026172203_Disclosure_-_ESOP_Allotment-031126.pdf)
- 2026-11-03 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_1241_WebXMLFile_20261103_180524169.xml)
- 2026-10-29 — Press Release: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CGPOWER_29102026122240_SE_Disclosure-Press_Release-Axiro-Investment_in_ThinSic.pdf)
- 2026-10-29 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CGPOWER_29102026193918_Transcript_InvestorCall_BoardMeeting_Q2_2026_27.pdf)
- 2026-10-26 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CGPOWER_26102026184729_Disclosure_RDSO_Approval_signed.pdf)
- 2026-10-23 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CGPOWER_23102026142554_OutcomeoftheBoardMeeting23102026.pdf)
- 2026-10-23 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CGPOWER_23102026142822_OutcomeoftheBoardMeeting23102026.pdf)
- 2026-10-23 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CGPOWER_23102026142708_OutcomeoftheBoardMeeting23102026.pdf)
- 2026-10-23 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CGPOWER_23102026143024_OutcomeoftheBoardMeeting23102026.pdf)
- 2026-10-23 — Press Release: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CGPOWER_23102026145423_SEDisclosure_PressRelease.pdf)
- 2026-10-23 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CGPOWER_23102026151236_SEDisclosure_StatementofDeviation.pdf)
- 2026-10-23 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CGPOWER_23102026164358_SEDisclosureMonitoringAgencyReport.pdf)
- 2026-10-23 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_1241_WebXMLFile_20261023_170654833.xml)
- 2026-10-23 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_1241_WebXMLFile_20261023_183439824.xml)
- 2026-10-23 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_1241_WebXMLFile_20261023_184230270.xml)
- 2026-10-23 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_1241_WebXMLFile_20261023_184222922.xml)
- 2026-10-23 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_1241_WebXMLFile_20261023_184215546.xml)
- 2026-10-23 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CGPOWER_23102026190537_IntimationofRecording_InvestorCall_Q2_2026_27.pdf)
- 2026-10-23 — Financial Results Filing: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1744976_23102026071034_WEB.xml)
- 2026-10-23 — Financial Results Filing: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1744975_23102026071001_WEB.xml)
- 2026-10-21 — Shareholding Disclosure: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1743540_21102026081221_WEB.xml)
- 2026-10-17 — Generic Announcement: CG Power and Industrial Solutions Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_1241_WebXMLFile_20261017_133307217.xml)

## News and market events

- 2026-11-06 — CNBC-TV18: **CG Power share price falls 10% in two sessions - Here are the factors contributing to it** — CG Power and Industrial Solutions shares have fallen 10% over two sessions, driven by a Maharashtra Pollution Control Board directive to shut down its Chhatrapati Sambhajinagar manufacturing unit under environmental laws. The decline is further compounded by a global sell-off in AI-related stocks following US midterm election results, which has raised concerns about future data center buildouts. — [Source](https://www.cnbctv18.com/market/cg-power-share-price-falls-mpcb-directs-closure-of-chhatrapati-sambhajinagar-unit-20027883.htm)
- 2026-11-05 — FREEPRESSJOURNAL.IN: **Tube Investments Q2 FY27 Earnings Shift Into Top Gear As Net Profit Soars 39% To ₹420.58 Crore, Revenue Zooms 33% To ₹7,330 Crore While Board Clears ₹83 Crore Expansion Plan** — Tube Investments of India Limited reported a 39.2% year-on-year increase in consolidated net profit to ₹420.58 crore and a 32.7% rise in revenue to ₹7,330.31 crore for Q2 FY27. The Murugappa Group company also approved an ₹83 crore capital expenditure plan to expand cold-rolled steel strips manufacturing capacity at its Avadi facility, expected to be completed by FY28. — [Source](https://www.freepressjournal.in/business/tube-investments-q2-fy27-earnings-shift-into-top-gear-as-net-profit-soars-39-to-42058-crore-revenue-zooms-33-to-7330-crore-while-board-clears-83-crore-expansion-plan)
- 2026-11-03 — BUSINESSTODAY: **Diwali picks: Adani Power, ICICI Bank, M&M CG Power among top stocks to buy; check details** — Bajaj Broking identifies near-term volatility in Indian equities due to geopolitical tensions and rising bond yields, but remains constructive on the domestic growth outlook supported by resilient Q2FY27 earnings. The firm has issued specific technical buy recommendations for ICICI Bank, Adani Power, and Lloyds Engineering Works, citing positive momentum and breakout signals. Additionally, Bajaj Broking highlighted fundamental picks across various sectors, including Mahindra & Mahindra and CG Power, projecting approximately 15% upside for these counters. — [Source](https://www.businesstoday.in/markets/trending-stocks/story/diwali-picks-adani-power-icici-bank-mm-cg-power-among-top-stocks-to-buy-check-details-565326-2026-11-03)
- 2026-10-27 — Mint: **CG Power has rallied 29% in 2026, but analysts are still raising their bets** — India's push to modernise its power grid, expand transmission networks and ramp up industrial capital expenditure is creating a multi-year growth opportunity for electrical equipment makers, with CG Power well-positioned to capitalise on the trend, according to analysts. — [Source](https://www.livemint.com/market/stock-market-news/cg-power-share-price-q2-results-brokerage-targets-11793076393653.html)
- 2026-10-23 — CNBC-TV18: **CG Power Q2 Results: Earnings beat across the board; Capacity expansion approved** — CG Power's results were a beat against expectations across parameters and the board has also approved capacity expansion plans. The stock though, after the initial recovery, is seeing selling pressure again. — [Source](https://www.cnbctv18.com/market/cg-power-q2-results-beat-expectations-revenue-margin-order-inflow-capacity-expansion-capex-funding-plan-share-price-20017996.htm)
- 2026-10-23 — The Hindu: **Q2 Results Today Live: Infosys, Adani Power, JSW Steel, Tata Motors, Shriram Fin, Torrent Pharma, CG Power, BPCL, Dr Reddys Lab Share to announce Q2 results** — Q2 Results Today, 23rd October 2026 Live Updates: Follow the latest announcements and developments on the company's September quarter earning on Adani Power, JSW Steel, Tata Motors, Shriram Fin, Torrent Pharma, CG Power, BPCL, Dr Reddys Laband others — [Source](https://www.thehindubusinessline.com/companies/q2-results-today-live-updates-infosys-adani-power-jsw-steel-tata-motors-shiram-fin-torrent-pharma-cg-power-bpcl-dr-reddys-lab-company-results-23-october-2026/article71611542.ece)
- 2026-10-21 — Mint: **Top stocks to buy: Experts bet on SBI, Bank of Baroda, Meesho, CG Power, and 2 others - Target price, stop-loss** — Analysts suggest six stocks for the next one to two weeks: SBI, Bank of Baroda, Meesho, Shyam Metalics, CG Power and Tips Music. Recommendations cite technical patterns and momentum, while cautioning that high crude prices, mixed earnings and geopolitical risks may keep markets fragile. — [Source](https://www.livemint.com/market/stock-market-news/top-stocks-to-buy-experts-bet-on-sbi-bank-of-baroda-meesho-cg-power-and-2-others-target-price-stoploss-11792467348731.html)
- 2026-10-11 — Mint: **Hitachi Energy vs CG Power vs Siemens Energy: Which power stock offers best returns? Check target prices** — Brokerage forecasts for Q2 FY27 point to growth across the three companies: Hitachi Energy is expected to post a 17% EBITDA margin and ₹77.2 EPS; CG Power’s profit and revenue may rise 28.6% and 24.4%; Siemens Energy’s may climb 44.7% and 46%. — [Source](https://www.livemint.com/market/stock-market-news/hitachi-energy-vs-cg-power-vs-siemens-energy-which-power-stock-offers-best-returns-check-target-prices-11791717480656.html)
- 2026-09-28 — BUSINESS: **CG Power & Industrial Solutions Ltd slips for fifth straight session** — CG Power & Industrial Solutions Ltd is quoting at Rs 873.4, down 1.42% on the day as on 13:19 IST on the NSE. The stock jumped 16.87% in last one year as compared to a 7.32% slide in NIFTY and a 5.01% spurt in the Nifty Energy index. — [Source](https://www.business-standard.com/markets/capital-market-news/cg-power-industrial-solutions-ltd-slips-for-fifth-straight-session-126092800603_1.html)
- 2026-09-21 — BUSINESSTODAY: **Semiconductor stocks: Centrum's Nilesh Jain prefers CG Power, Syrma SGS; cautious on Kaynes, Dixon** — semiconductor stocks, semiconductor stocks to buy, CG Power share price, CG Power stock, Syrma SGS share price, Syrma SGS stock, CG Power target price, CG Power technical analysis, Syrma SGS target price, Syrma SGS technical analysis, semiconductor shares to buy, Kaynes Technology share price, Dixon Technologies share price, CG Power share price target, Syrma SGS share price target, semiconductor stocks to buy in India — [Source](https://www.businesstoday.in/markets/stocks/story/semiconductor-stocks-to-buy-centrums-nilesh-jain-prefers-cg-power-syrma-sgs-cautious-on-kaynes-dixon-556813-2026-09-21)
- 2026-09-21 — BUSINESS: **CG Power & Industrial Solutions Ltd spurts 2.58%** — CG Power & Industrial Solutions Ltd is quoting at Rs 915, up 2.58% on the day as on 12:49 IST on the NSE. The stock is up 18.8% in last one year as compared to a 7.1% drop in NIFTY and a 5.11% drop in the Nifty Energy index. — [Source](https://www.business-standard.com/markets/capital-market-news/cg-power-industrial-solutions-ltd-spurts-2-58-126092100499_1.html)
- 2026-09-19 — Economic Times: **India globally competitive in chips: Vaishnaw** — India's electronics minister has asserted the country's competitive edge in the global semiconductor market. Currently, five chip packaging facilities are operational and adhere to international export standards. — [Source](https://economictimes.indiatimes.com/small-biz/trade/exports/insights/india-globally-competitive-in-chips-vaishnaw/articleshow/134348272.cms)
- 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)

## 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: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/cgpower
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