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CG Power and Industrial Solutions surges on reporting over 3-fold jump in Q4 consolidated net profit CG Power and Industrial Solutions is currently trading at Rs. 322.25, up by 10.05 points or 3.22% from its previous closing of Rs. 312.20 on the BSE. The scrip opened at Rs. 315.60 and has touched a high and low of Rs. 323.30 and Rs. 310.65 respectively. So far 77757 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 338.50 on 14-Feb-2023 and a 52 week low of Rs. 157.90 on 11-May-2022. Last one week high and low of...
CG Power and Industrial Solutions surges on reporting over 3-fold jump in Q4 consolidated net profit
CG Power and Industrial Solutions surges on reporting over 3-fold jump in Q4 consolidated net profit
Source: Accord Fintech
9/05/2023 2:26:52 PM
LKP Spade : A Weekly Pick - Buy CG Power and Industrial Solutions Ltd For Target Rs. 295/310 By LKP Securities * The stock has moved up after taking support at the previous swing high on the daily chart indicating a buying around the demand zone. * Since October, the stock price has been moving with a higher top higher bottom formation on the daily timeframe. * Besides, the stock is trading comfortably above the short term moving average, which confirms the positive trend. * Based on the current technical setup we expect a rally in the stock price in the near term * On the higher end, the ...
LKP Spade : A Weekly Pick - Buy CG Power and Industrial Solutions Ltd For Target Rs. 295/310 By LKP Securities
LKP Spade : A Weekly Pick - Buy CG Power and Industrial Solutions Ltd For Target Rs. 295/310 By LKP Securities
Source: LKP Securities Ltd
12/12/2022 10:58:04 AM
CG Power keen to supply systems for makers of Vande Bharat trainsets The Murugappa Group's engineering products major, CG Power and Industrial Solutions Ltd, is keen on supplying systems for the Vande Bharat trainsets and also export motors whose production capacity will be expanded at an outlay of Rs 230 crore. "We are not participating in the tender for making Vande Bharat trainsets. However, we can supply systems for the train if the successful bidder approaches us," N. Srinivasan, Managing Director, told IANS. According to Srinivasan, t...
CG Power keen to supply systems for makers of Vande Bharat trainsets
CG Power keen to supply systems for makers of Vande Bharat trainsets
Source: IANS
27/10/2022 4:30:43 PM
CG Power and Indust Q1 net profit zooms 179.40% at Rs 124.39 cr The company reported standalone net profit of Rs 124.39 crore for the quarter ended June 30, 2022 as compared to Rs 44.52 crore in the same period last year, registering a year-on-year growth of 179.40 per cent. Net revenue of the company rose substantially by 63.41 per cent at Rs 1,558.59 crore in April-June quarter of this fiscal as against Rs 953.82 crore in the corresponding period last year. During April-June quarter, operating expenses increased by 60.64 per cent to Rs 1,382.74 crore...
CG Power and Indust Q1 net profit zooms 179.40% at Rs 124.39 cr
CG Power and Indust Q1 net profit zooms 179.40% at Rs 124.39 cr
Source: Dion Global Solutions Ltd
28/07/2022 9:15:44 AM
Stock of the week - CG Power and Industrial Solutions For Target Rs. 261 By GEPL Capital Observation * The mid-term charts of CG Power has been moving in a strong uptrend since March 2020. * Throughout the uptrend the stock has been taking support at its 20 week SMA and moving higher. * In the current week the stock formed a strong bullish candle and breached above its previous swing high (209) and made fresh 52 week high @ 219 levels. * The RSI indicator plotted on weekly scale has witnessed a range shift and is sustaining above the 50 mark since July 2020. Infere...
Stock of the week - CG Power and Industrial Solutions For Target Rs. 261 By GEPL Capital
Stock of the week - CG Power and Industrial Solutions For Target Rs. 261 By GEPL Capital
Source: GEPL Capital
11/04/2022 10:54:54 AM
Key News - Edelweiss Financial Services Ltd, Reliance Power Ltd, CG Power and Industrial Solutions Ltd, DLF Ltd, Lumax Industries Ltd by ARETE Securities Key News Edelweiss Financial plans to slash wholesale book by half to Rs 5,900 crore Edelweiss Financial Services plans to reduce its wholesale book from Rs 11,400 crore in March 2021 to Rs 5,900 crore in two years (2022-23, or FY23) as part of its strategy to follow an asset-light business model. The reduction in assets worth Rs 6,300 crore has happened in the last two years (2019-20 and 2020-21). The scaling-down work is expected to continue on the back of strong inflows. Edelweiss ha...
Key News - Edelweiss Financial Services Ltd, Reliance Power Ltd, CG Power and Industrial Solutions Ltd, DLF Ltd, Lumax Industries Ltd by ARETE Securities
Key News - Edelweiss Financial Services Ltd, Reliance Power Ltd, CG Power and Industrial Solutions Ltd, DLF Ltd, Lumax Industries Ltd by ARETE Securities
Source: ARETE Securities Ltd
14/06/2021 8:45:23 AM
CG Power plans Rs 135 cr capex, to close some overseas subsidiaries CG Power Industrial Power Solutions Ltd has planned a capex of Rs 135 crore this fiscal, the company said. The capex to be funded out of internal accruals will be on balancing, debottlenecking and modernising the facilities at the plants for productivity improvement. CG Power also said barring four wholly owned overseas operating subsidiary companies in Sweden, Germany, the Netherlands and the US, rest of the subsidiaries are being closed or in the process of being wound up. Entities...
CG Power plans Rs 135 cr capex, to close some overseas subsidiaries
CG Power plans Rs 135 cr capex, to close some overseas subsidiaries
Source: IANS
12/06/2021 2:58:59 PM
CG Power and Indust posts Q3 net loss of Rs 326.05 cr The company reported standalone net loss during the quarter stood at Rs 326.05 crore as compared to net loss of Rs 126.68 crore in the previous year quarter. Net revenue of the company rose substantially by 26.01 per cent at Rs 703.30 crore in October-December quarter of this fiscal as against Rs 558.12 crore in the corresponding period last year. During October-December quarter, operating expenses increased by 11.16 per cent to Rs 625.94 crore from Rs 563.10 crore in year ago period. Other I...
CG Power and Indust posts Q3 net loss of Rs 326.05 cr
CG Power and Indust posts Q3 net loss of Rs 326.05 cr
Source: Dion Global Solutions Ltd
6/02/2021 11:34:02 AM