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HomeSHARE MARKET7,600 Crore Investment Semiconductor Plant By PM Modi; Share Will Double

7,600 Crore Investment Semiconductor Plant By PM Modi; Share Will Double

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CG Power and Industrial Solutions Ltd (NSE: CGPOWER): There was heavy trading in the shares of CG Power and Industrial Solutions in intra-day trading in the stock market on Thursday. In intra-day trade, shares of CG Power and Industrial Solutions jumped 4.13 percent to Rs 523 on BSE. 

Shares of the Murugappa group company reached its record 52-week high of Rs 516.65. Let us tell you that this stock is trading at a high level for the 5th consecutive day. During this period it has increased by up to 10%.

The Company Plans To Set Up A Semiconductor Plant In Gujarat

Recently, CG Power and Industrial Solutions Limited has stated it is planning to set up an electronics manufacturing facility in Sanand, Gujarat in collaboration with Renesas Electronics Corporation of Japan and Stars Microelectronics of Thailand.

This facility will be constructed by investing 7,600 crore. We will tell the world this: Renesas is a semiconductor company focusing on specific chips.

It owns 12 semiconductor facilities and is a leading supplier of microcontrollers, analog power, and system-on-chip (‘SoC) products. We would like to be aware that, on the 29th of February The Union Cabinet chaired by Prime Minister Narendra Modi, approved the joint venture under the Semiconductor Scheme of India.

Condition Of Company’s Shares

Shares of CG Power & Industrial Solutions have climbed 17% in the past month and are up 11% this year YTD. This stock rose by 75% in a year. 

This stock has given a return of 1,031.64% in the last five years. During this period its price increased from Rs 45 to the current Rs 523.

About CG Power and Industrial Solutions Ltd

CG Power and Industrial Solutions Limited, a company based in India, provides end-to-end electrical energy management and application solutions for utilities, industries, and consumers.

Power Systems and Industrial Systems are the two segments of the Company.

Power Systems is a segment that manufactures and distributes electric equipment, such as reactors and transformers. It also provides turnkey solutions for power distribution and generation.

 The Industrial Systems segment manufactures and sells power conversion equipment for Indian Railways, including rolling stock, traction equipment, propulsion control equipment for railways, coach panels, and signaling devices.

Fundamental Analysis of CG Power and Industrial Solutions Ltd

Market Cap₹ 76,710 Cr.
Current Price₹ 523
52-wk High₹ 517 
52-wk Low283
Stock P/E89.3
Book Value₹ 14.6
Dividend0.30 %
ROCE61.6 %
ROE66.0 %
Face Value₹ 2.00
P/B Value34.4
OPM14.3 %
EPS₹ 10.6
Debt₹ 16.9 Cr.
Debt to Equity0.01

CG Power and Industrial Solutions Ltd Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹ 540₹ 589
2025₹ 600₹ 634
2026₹ 636₹ 690
2027₹ 700₹ 721
2028₹ 725₹ 789
2029₹ 800₹ 876
2030₹ 900₹ 1100
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CG Power and Industrial Solutions Ltd Shareholding Pattern

Promoters Holding
Dec 202258.12%
Mar 202358.12%
June 202358.12%
Sept 202358.12%
Dec 202358.12%
FII Holding
Dec 202212.96%
Mar 202315.39%
June 202315.94%
Sept 202316.74%
Dec 202316.05%
DII Holding
Dec 20228.32%
Mar 20237.17%
June 20237.74%
Sept 20237.83%
Dec 20239.15%
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Public Holding
Dec 202220.60%
Mar 202319.32%
June 202318.18%
Sept 202317.31%
Dec 202316.69%

CG Power and Industrial Solutions Ltd Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 7,998 Cr
2020₹ 5,110 Cr
2021₹ 2,964 Cr
2022₹ 5,484 Cr
2023₹ 7,757 Cr

Last 5 Years’ Net Profit:

2019₹ -507 Cr
2020₹ -1,331 Cr
2021₹ 1,280 Cr
2022₹ 913 Cr
2023₹ 1,620 Cr
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Last 5 Years’ Debt-To-Equity Ratio:

20191.28
2020-0.34
2021-11.38
20220.35
20230

Last 10 Years’ Profit Growth:

10 Years:20%
5 Years:28%
3 Years:61%
Current Year:38%

Last 10 years’ Return on Equity (ROE):

10 Years:
5 Years:
3 Years:
Last Year:66%

Sales Growth Over 10 Years:

10 Years:-5%
5 Years:-3%
3 Years:11%
Current Year:18%

Conclusion

This article is a complete guide about CG Power and Industrial Solutions Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses. 

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

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