CG Power jumps on securing order worth Rs 900 crore
CG Power and Industrial Solutions is currently trading at Rs. 594.10, up by 32.25 points or 5.74% from its previous closing of Rs. 561.85 on the BSE.
The scrip opened at Rs. 580.65 and has touched a high and low of Rs. 608.00 and Rs. 580.60 respectively. So far 467163 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 797.75 on 17-Sep-2025 and a 52 week low of Rs. 518.35 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 608.00 and Rs. 560.10 respectively. The current market cap of the company is Rs. 95020.24 crore.
The promoters holding in the company stood at 56.37%, while Institutions and Non-Institutions held 29.27% and 14.36% respectively.
CG Power and Industrial Solutions (CG) has secured a landmark order valued at around Rs 900 crore from Tallgrass Integrated Logistics Solutions LLC USA, for a large-scale data center project in the United States. This order represents a strategic milestone, marking CG’s entry into the global data center segment, one of the fastest growing segments.
This is the largest single order ever won by CG and is a direct export order for the supply of power transformers. Under the contract, CG will supply power transformers, specifically engineered to meet the stringent reliability, efficiency and uptime requirements of hyperscale data center applications. This order will be executed over a delivery period of 12 to 20 months, with delivery terms FAS Mumbai Port (Incoterms 2020).
These transformers will be designed, manufactured, and tested at CG’s state-of-the-art facilities in India. CG’s selection for this project underscores its engineering depth, advanced manufacturing capabilities, and disciplined execution using CG EDGE, its operating rhythm, which enables translation of strategy into consistent execution at scale.
CG Power and Industrial Solutions is an engineering conglomerate with an impressive and diverse portfolio of products, solutions and services for Power and Industrial equipment and solutions, addressing myriad needs.
