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G.G. Tronics India (GGT), a subsidiary of CG Power & Industrial Solutions, announced that the Company has made significant progress in the development and field validation of the Uniform Braking Algorithm and in defining braking parameters across multiple locomotive classes of Indian Railways. This requirement, introduced by the Centre of Excellence (COE) and RDSO, aims to ensure consistent braking performance across vendors. This advanced braking methodology is poised to become a benchmark for future locomotive operations.
G.G. Tronics India had received an order from Chittaranjan Locomotive Works for the supply of Loco Kavach systems under the Developmental Category in November 2024. The delivery period was 12 months subject to completion of product development, Independent Safety Assessment (ISA), RDSO approval, and full compliance with Version 4.0 specifications. The ISA and RDSO approval activities are now in their final stages. Due to these approval timelines, the supply could not be initiated within the stipulated delivery period and order stands cancelled.
GGT will continue to remain qualified for upcoming tenders under the Developmental Category. With approvals expected in the coming months, the company will also be eligible to participate in bulk procurement, offering the enhanced capabilities of the Universal Braking Algorithm along with full Version 4.0.
It has also made progress in defining braking parameters across multiple locomotive classes of Indian Railways.
This requirement, introduced by the Centre of Excellence (COE) and RDSO, aims to ensure consistent braking performance across vendors. This advanced braking methodology is poised to become a benchmark for future locomotive operations.
G.G. Tronics India had received an order from Chittaranjan Locomotive Works for the supply of Loco Kavach systems under the Developmental Category in November 2024.
The delivery period was 12 months subject to completion of product development, independent safety assessment (ISA), RDSO approval, and full compliance with Version 4.0 specifications. The ISA and RDSO approval activities are now in their final stages.
Due to these approval timelines, the supply could not be initiated within the stipulated delivery period and order stands cancelled.
CG Power further said that GGT will continue to remain qualified for upcoming tenders under the Developmental Category.
With approvals expected in the coming months, the company will also be eligible to participate in bulk procurement, offering the enhanced capabilities of the universal braking algorithm along with full Version 4.0.
G. G. Tronics India specializes in designing, manufacturing, supplying, and installing electronic safety embedded signalling systems for the Railway Transportation segment.
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.
The scrip shed 0.94% to currently trade at Rs 703.25 on the BSE.
CG Power & Industrial Solutions Ltd is down for a fifth straight session today. The stock is quoting at Rs 690, down 2.84% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.08% on the day, quoting at 26088.15. The Sensex is at 85340.46, up 0.13%.CG Power & Industrial Solutions Ltd has lost around 5.27% in last one month.Meanwhile, Nifty Energy index of which CG Power & Industrial Solutions Ltd is a constituent, has eased around 0.45% in last one month and is currently quoting at 35852.4, down 0.65% on the day. The volume in the stock stood at 24.24 lakh shares today, compared to the daily average of 24.46 lakh shares in last one month.
The benchmark November futures contract for the stock is quoting at Rs 689, down 2.77% on the day. CG Power & Industrial Solutions Ltd tumbled 6.34% in last one year as compared to a 7.7% rally in NIFTY and a 3.74% fall in the Nifty Energy index.
The PE of the stock is 100.42 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 727.05, down 0.79% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.31% on the day, quoting at 25810.5. The Sensex is at 84253.8, down 0.36%.CG Power & Industrial Solutions Ltd has lost around 4.22% in last one month.Meanwhile, Nifty Energy index of which CG Power & Industrial Solutions Ltd is a constituent, has increased around 1.21% in last one month and is currently quoting at 35619.15, up 0.17% on the day. The volume in the stock stood at 17.37 lakh shares today, compared to the daily average of 17.76 lakh shares in last one month.
The benchmark October futures contract for the stock is quoting at Rs 723.45, down 1.25% on the day. CG Power & Industrial Solutions Ltd tumbled 2.21% in last one year as compared to a 6.74% rally in NIFTY and a 8.66% fall in the Nifty Energy index.
The PE of the stock is 112.14 based on TTM earnings ending June 25.