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CG Power shares rise 4% as UBS hikes target price, sees 35% upside

UBS suggests that the company is a prudent capital allocator and timely fund allocation will drive bottomline in the coming quarters.

Stock Radar: Lupin, ONGC, Trident, Ujjivan SFB, SAIL, India Cements in focus on Tuesday

BHEL, Metropolis Healthcare, Aether Industries, Eris Lifesciences, GPT Healthcare, Greenply Industries, GSFC, IRCON International, JK Tyre, Laxmi Organic Industries, and PI Industries will release March quarter earnings on May 21.

Brokerages hike target price on CG Power following Q4 earnings, shares surge 5%

According to experts, the power and railway segments will remain CG Power's twin growth engines.

CG Power and Industrial Solutions expects OSAT business to generate revenues in next 4 years: MD

The estimated investment in the project over five years is Rs 7,600 crore and the same is expected to be funded by a combination of government subsidies, equity contribution and potential bank borrowings as required, the company said.

CG Power's robust M&amp;A record, quick turnaround makes UBS bullish; assigns 'buy' rating

UBS also valued CG Power at par with its multinational peers owing to the company's robust exposure to organic and inorganic growth opportunities in the electrification and industrial markets.

CG Power & Industrial Solutions Ltd. engages in the design and manufacture of power conversion equipment products. It operates through the Power Systems and Industrial Systems segments. The Power Systems segment includes transformer, switchgear, and turnkey projects. The Industrial Systems segment offers electric motors, alternators, drives, and traction electronics. The company was founded on April 28, 1937 and is headquartered in Mumbai, India.

Volume	4.02M
52-Wk High	783.75
52-Wk Low	359.20

CGPOWER.NSE CG Power & Industrial Solutions Ltd.

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