CG Power Share Price Target CG Power and Industrial Solutions Limited was created in 1937 by REB Crompton and then acquired by Karam Chand Thapar, who changed the company’s name to Crompton Greaves Ltd in 1966. Crompton Greaves Ltd’s demerger was completed in 2017, separating the power and industrial systems section from the consumer goods company. Crompton Greaves Ltd’s name was subsequently changed to CG Power and Industrial Solutions Ltd. The Murugappa Group acquired CG Power in 2020, taking a 56% share worth Rs 700 crores. In this post, we will take investors through the features driving the CG Power Share Price Predictions and other vital points, such as the CG Power financial report.
CG Power Share Price Target
CG Power Share Price Target 2024 Rs 482.00, 2025 Rs 556.91, 2026 Rs 570.70, 2027 Rs 610.07, 2028 Rs 662.85, 2029 Rs 715.80, To 2030 Rs 807.60.
CG Power Share Price Target 2024, 2025 To 2030 Forecast
| Year | Maximum Target | Minimum Target |
| 2024 | Rs 629.62 | Rs 482.00 |
| 2025 | Rs 789.00 | Rs 556.91 |
| 2026 | Rs 918.20 | Rs 570.70 |
| 2027 | Rs 1062.08 | Rs 610.07 |
| 2028 | Rs 1319.18 | Rs 662.85 |
| 2029 | Rs 1574.00 | Rs 715.80 |
| 2030 | Rs 1830.88 | Rs 807.60 |
Category: Stock Market
CG Power Latest News
- CG Power Share Price Today inched closer to the Rs 480 per share mark after opening at Rs 470.95 per share on Tuesday ie., March 19th, 2024. CGPOWER NSE earlier on Monday closed at Rs 470.35 on the stock exchange. Currently, CG Share Price is trading at Rs 479.40 per share, an increase of 1.92% since the morning.
- CG Power has recently obtained permission from the Ministry of Corporate Affairs to establish its Joint Venture project for a 7,600 crores semiconductor assembly facility in Gujarat. In its filing to the stock exchange, CG Semi Pvt Ltd, a subsidiary of CG Power and Industrial Solutions Ltd, reported that the foundation stone laying ceremony had been performed and the project would take two to five years to complete.
- In the first week of March 2024, CG Power and Industrial Solutions had allowed 30,620 equity shares under ESOP.
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CG Power Share Price Target 2024, 2025, 2026, 2027, 2028, 2029 To 2030
CG Power Share Price Target is set at Rs 482.00 for 2024, Rs 556.91 for 2025, Rs 570.70 for 2026, Rs 610.07 for 2027, Rs 662.85 for 2028, Rs 715.80 for 2029, and Rs 807.60 by 2030.
CG Power Share Price Target 2024
| Month (2024) | Maximum Target | MinimumTarget |
| January | Rs – | Rs – |
| February | Rs – | Rs – |
| March | Rs 505.00 | Rs 436.87 |
| April | Rs 522.20 | Rs 442.10 |
| May | Rs 538.83 | Rs 449.19 |
| June | Rs 552.25 | Rs 455.22 |
| July | Rs 565.10 | Rs 460.02 |
| August | Rs 578.92 | Rs 466.06 |
| September | Rs 591.99 | Rs 470.05 |
| October | Rs 603.17 | Rs 475.92 |
| November | Rs 616.03 | Rs 479.80 |
| December | Rs 629.62 | Rs 482.00 |
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CG Power Share Price Target 2025
| Month (2025) | Maximum Target | MinimumTarget |
| January | Rs 633.13 | Rs 490.89 |
| February | Rs 646.06 | Rs 495.54 |
| March | Rs 664.90 | Rs 501.80 |
| April | Rs 683.91 | Rs 506.04 |
| May | Rs 696.05 | Rs 513.16 |
| June | Rs 709.60 | Rs 520.03 |
| July | Rs 723.51 | Rs 527.86 |
| August | Rs 736.25 | Rs 534.00 |
| September | Rs 749.42 | Rs 539.76 |
| October | Rs 763.00 | Rs 544.74 |
| November | Rs 776.22 | Rs 549.90 |
| December | Rs 789.00 | Rs 556.91 |
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CG Power Share Price Target 2026 to 2030
| Year | Maximum Target | Minimum Target |
| 2026 | Rs 918.20 | Rs 570.70 |
| 2027 | Rs 1062.08 | Rs 610.07 |
| 2028 | Rs 1319.18 | Rs 662.85 |
| 2029 | Rs 1574.00 | Rs 715.80 |
| 2030 | Rs 1830.88 | Rs 807.60 |
CGPOWER: NSE Financials 2024
CG Power Market Capitalisation: 73,159.26 Crores INR
CG Power Reserves and Borrowings: 2,124.63 Cr INR and 2.87 Cr INR (March 2023) Respectively
CG Power 52 Week High-Low: Rs 503.45 – Rs 276.65
| Revenue | 69.73 Billion INR | 27.22% YOY |
| Operating expense | 11.75 Billion INR | 17.32% YOY |
| Net Income | 9.63 Billion INR | 5.30% YOY |
| Net Profit Margin | 13.81 | 17.06% YOY |
| Earnings Per Share | 4.99 | 54.18% |
| EBITDA | 9.63 Billion INR | 58.88% |
| Effective Tax Rate | 20.54% | |
| Total Assets | 46.29 Trillion INR | 9.54% YOY |
| Total Liabilities | 28.38 Trillion INR | 11.93% YOY |
| Total Equity | 17.91 Billion INR | |
| Return on assets | 12.69% | |
| Return on Capital | 35.34% | |
| P/E Ratio | 45.23 | |
| Dividend Yield | 0.27% | |
CG Power Ltd Shareholding Pattern
- Promoters: 58.11%
- FII: 16.05%
- DII: –
- Retail & Others: 20.02%
- Mutual Funds: 5.82%
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CG Power Ltd Competitors (Market Cap: 73,159.26 crores INR
- Siemens Market Cap:165,234.46 crores INR
- ABB India Market Cap: 119,274.75 crores INR
- Havells India Market Cap: 91,323.38 crores INR
- Suzlon Energy Market Cap: 50,507.71 crores INR
- Hitachi Energy Market Cap: 27,552.54 crores INR
Points to consider before investing in CG Power Stock
- CG Power’s recent joint venture announcement to set up a 7,600 crores facility to manufacture semiconductors in Gujarat has provided an extra push to the CG POWER Stock in the market. Semiconductor Industry is a new phenomenon in India that is attracting a whole lot of capital from investors all over the world. This Joint Venture of CG Semi Pvt Ltd with the Renesas Electronics Corporation of Japan and Stars Microelectronics of Thailand is going to be a huge step for CG Power and Industrial Solutions Ltd company, considering the immense potential of the semiconductor market in size, globally.
- Angel Broking firm has recommended a ‘Buy’ rating for the CG POWER NSE stock with a CG Power Share Price Target of Rs 490-495 per share, keeping the stop loss at Rs 430 for the stock.
- The UBS broking firm has set the CG Power Share price target at Rs 580 with a ‘’Buy’’ recommendation on the national stock exchange. UBS is expecting CG Power and Industrial Solution Ltd to perform robustly on all financial metrics with a competitive edge, global expansion prospects and driven leadership.
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FAQ
What is the NSE CG Power Share Price Target 2024?
CG Power Share Price Target 2024 is between Rs 629 and Rs 436.
What is the CG Power Share Price Target 2025?
CG Power Share Price Target 2025 is between Rs 789 and Rs 490.
What is the CG Power Share Price Target 2026?
CG Power Share Price Target for the year 2026 is between Rs 918 and Rs 570.
What is the CG Power Share Price Target 2027?
CG Power Share Price Target 2027 is between Rs 1062 and Rs 610.
What is the CG Power Share Price Target 2028?
CG Power Share Price Target 2028 is between Rs 1319 and Rs 662.
What is the NSE CG Power Share Price Target 2030?
CG Power Share Price Target 2030 is predicted to remain between Rs 1830 and Rs 807.
