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CG Power & Industrial Solutions Ltd rose for a third straight session today. The stock is quoting at Rs 738.85, up 3.02% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.48% on the day, quoting at 24743.45. The Sensex is at 80701.78, up 0.42%. CG Power & Industrial Solutions Ltd has added around 11.57% in last one month.
Meanwhile, Nifty Energy index of which CG Power & Industrial Solutions Ltd is a constituent, has added around 0.68% in last one month and is currently quoting at 34155.3, up 1.55% on the day. The volume in the stock stood at 63.3 lakh shares today, compared to the daily average of 38.31 lakh shares in last one month.
The benchmark September futures contract for the stock is quoting at Rs 742.25, up 2.84% on the day. CG Power & Industrial Solutions Ltd is up 7.17% in last one year as compared to a 2.12% fall in NIFTY and a 20.23% fall in the Nifty Energy index.
The PE of the stock is 109.84 based on TTM earnings ending June 25.
Backed by central and state government support, and in collaboration with Renesas and Stars Microelectronics, CG Semi is investing over Rs 7,600 crore ($870 million) over five years to develop two facilities (G1 and G2) in Sanand, Gujarat.
The G1 facility, inaugurated on 28th August 2025, will operate at a peak capacity of approximately 0.5 million units per day. It is equipped to handle end-to-end chip assembly, packaging, testing, and post-test services. The facility features high-yield equipment, a cutting-edge manufacturing execution system (MES) for Level 1 automation and traceability, and in-house labs for reliability and failure analysis.
Located about 3 km from G1, the G2 facility is under construction and expected to be completed by the end of calendar year 2026. Once operational, G2 will scale up to a capacity of approximately 14.5 million units per day. Together, the two facilities are projected to generate over 5,000 direct and indirect jobs in the coming years.
Vellayan Subbiah, chairman, CG Power, said, “This facility represents more than a milestone for me or for CG Semi; it is a national milestone. It shows how the Government and Industry can come together with conviction, capital, and scale to achieve the vision set by our Honourable Prime Minister. Every chip we make here is a step toward India’s technological sovereignty.”
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 jumped 11.6% to Rs 269.23 crore on 29.2% increase in net sales to Rs 2,878.05 crore in Q1 FY26 over Q1 FY25.