CG Power News

CG Power and Industrial Solutions share price fell nearly 2% in Monday's trading session after its subsidiary G.G. Tronics India announced an order cancellation.

Experts believe that India’s semiconductor sector is still at an early stage, and substantial work remains before the country can build end-to-end capability across the supply chain.

CG Power's share price increased for the fourth consecutive session, rising nearly 14% and reaching a high of ₹757.20, up 2.41% on September 3.

Semiconsuctor stocks like CG Power, Moschip Tech, BEL witness a rally on Tuesday, September 2, as central government focus on Semiconductor Projects.

Union Minister Ashwini Vaishnaw, said that CG Semi, a joint venture majorly owned by the Indian company CG Power and Industrial Solutions, is set to launch the first ‘Made in India’ semiconductor chip. Shares closed 4.6% higher after Friday's market session.

CG Power and Industrial Solutions share price gained 1.53 per cent on Wednesday amid positive market sentiments. The stock has seen a multifold rise of 13,838.31 per cent per cent in the past 25 years.

CG Power and Industrial Solutions declared an interim dividend of ₹1.30 per equity share, representing 65% of the face value of ₹2, for the financial year 2024-25 during market hours on March 18.

CG Power share price gained over 6% in one month, but has fallen 15% in the past six months. However, CG Power shares have delivered multibagger returns of 114% in two year, and a staggering 10,778% return in the past five years.

CG Power's board will meet on March 18, 2025, to discuss an interim dividend for FY25. CG Power share price has seen a healthy 30 per cent upside over the last year till March 10 close.

Stocks to buy or sell: Osho Krishan of Angel One recommends buying CG Power & Industrial Solutions Ltd, and JSW Energy Ltd.