CGPOWER
CGPOWER
CG Power and Industrial Solutions is a well-known engineering company in India engaged in:
Power transformers
Switchgear & electrical equipment
Industrial motors
Railways & infrastructure electrical solutions
After the takeover by Murugappa Group, the company has seen strong corporate governance improvement and business turnaround.
Stock trading above major moving averages
Strong higher high – higher low structure
Institutional accumulation visible during corrections
Key positives:
✔ Strong promoter group (Murugappa)
✔ Order inflow from power, railways, and industrial capex cycle
✔ Debt reduction and improving margins
✔ Beneficiary of India’s infrastructure and power capex
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