Mutual Funds Sahi Hai!
To avail the service, you will be redirected to loans.geojitcredits.com
The order marks CG Power’s entry into the global data centre segment, one of the fastest-growing infrastructure verticals, and is the largest single order ever won by the company. It is a direct export order for the supply of power transformers.
Under the contract, CG Power will design and supply high-capacity power transformers engineered to meet the stringent reliability, efficiency and uptime requirements of hyperscale data centre applications. The execution of the order is scheduled over a delivery period of 12 to 20 months.
The supplies will be made on an FAS Mumbai Port basis, in line with Incoterms® 2020, the company said in a statement.
Amar Kaul, Global CEO & MD, said: “This landmark order from Tallgrass is a strategic platform win for CG and marks our entry into the rapidly growing global data center vertical. It validates our capability to deliver globally benchmarked, mission-critical technology solutions from India, and reinforces our position as a trusted global partner in applications where reliability and performance are non-negotiable.
The global shift toward cloud computing, AI, and digital infrastructure is fundamentally reshaping the power demand. We believe this win opens up a significant long-term opportunity pipeline in global data center projects, aligned with our global growth and margin-accretive expansion strategy.”
CG Power & Industrial Solutions is a global enterprise providing end-to-end solutions to utilities, industries and consumers for the management and application of efficient and sustainable electrical energy. It offers products, services and solutions in two main business segments, viz. Power Systems and Industrial Systems.
The company's consolidated net profit rose 29.76% to Rs 286.72 crore on a 21.14% increase in revenue to Rs 2,922.79 crore in Q2 FY26 as compared with Q2 FY25.
CG Power & Industrial Solutions Ltd dropped for a fifth straight session today. The stock is quoting at Rs 593.5, down 3.38% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.67% on the day, quoting at 25702.5. The Sensex is at 83622.68, down 0.66%.CG Power & Industrial Solutions Ltd has lost around 10.81% in last one month.Meanwhile, Nifty Energy index of which CG Power & Industrial Solutions Ltd is a constituent, has eased around 0.55% in last one month and is currently quoting at 34729.65, down 0.82% on the day. The volume in the stock stood at 104.37 lakh shares today, compared to the daily average of 23.21 lakh shares in last one month.
The benchmark January futures contract for the stock is quoting at Rs 599.45, down 2.27% on the day. CG Power & Industrial Solutions Ltd tumbled 8.72% in last one year as compared to a 9.69% rally in NIFTY and a 2.08% spurt in the Nifty Energy index.
The PE of the stock is 86.65 based on TTM earnings ending September 25.
CG Power & Industrial Solutions Ltd is down for a fifth straight session today. The stock is quoting at Rs 648.05, down 1.21% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.36% on the day, quoting at 25948.55. The Sensex is at 84699.55, down 0.4%.CG Power & Industrial Solutions Ltd has lost around 3.24% in last one month.Meanwhile, Nifty Energy index of which CG Power & Industrial Solutions Ltd is a constituent, has eased around 1.98% in last one month and is currently quoting at 35058.8, down 0.64% on the day. The volume in the stock stood at 6.53 lakh shares today, compared to the daily average of 19.76 lakh shares in last one month.
The benchmark December futures contract for the stock is quoting at Rs 648.4, down 1.43% on the day. CG Power & Industrial Solutions Ltd tumbled 11.93% in last one year as compared to a 9.74% rally in NIFTY and a 0.01% spurt in the Nifty Energy index.
The PE of the stock is 92.75 based on TTM earnings ending September 25.