This Leading Multibagger Murugappa Group Stock is in focus after it received its largest ever single order from Power Grid Corporation worth Rs. 641 Crore, for the supply and service of a transformer package.
With a market capitalisation of Rs. 1,06,627 Crore, the shares of CG Power & Industrial Solutions opened at Rs. 683.35, around the same level as yesterday’s close, and after opening, it made a high of Rs. 698, up 2.35 percent. Additionally, the Yearly return for the stock is 1 percent, and the past 5-year return is an impressive 10,721 percent.
Order Update
The company has secured its largest-ever single order worth Rs. 641 crores ($ 74 Million) from Power Grid Corporation of India Ltd for the supply and servicing of a 765kV Transformer Package. Further, the supply of goods is expected to be completed over a period of 18 to 36 months.
The transformers are critical for stepping up or down the voltage levels at substations. The order given by the power grid will be used for strengthening the country’s high-voltage electricity transmission infrastructure.
CG Power and Industrial Solutions Limited is a leading Indian engineering company that operates primarily in the power and industrial equipment sectors. It was originally part of Crompton Greaves but rebranded after a corporate restructuring.
The company manufactures and supplies a wide range of products such as transformers, motors, switchgear, and railway traction systems, catering to both domestic and international markets.
CG offers Power Transformers in the range of 25 kVA to 1500 MVA, and 11kV to 765kV class, and Reactors in the range of 10 MVAr to 125 MVAr, and 33kV to 765kV class.
The company reported a 25.59 percent YoY increase in revenue from Rs. 2,192 Crore in Q4FY24 to Rs. 2,753 Crore in Q4FY25. On a QoQ basis, the company reported an increase of 9.41 percent in revenue from Rs. 2,516 Crore in the previous quarter.
Their Net profit saw an increase of 17.09 percent YoY from Rs. 234 Crore to Rs. 274 Crore for the same period. On a QoQ basis, the company reported increase of 15.12 percent in Net profit from Rs. 238 Crore in the previous quarter.
Written By Abhishek Das
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
