CG POWER WINS BIGGEST-EVER SINGLE ORDER WORTH Rs 641 CRORE FROM POWERGRID
CGPOWER secures its largest-ever single order worth Rs 641 crore from Powergrid for supply of 765kV transformer packages. The supply of goods and services under this contract will be completed over a span of 18 to 36 months
CGPOWER is a part of the Murugappa Group and had reported consolidated revenues of Rs 9909 crore in FY25. The company continues to expand across industrial and power systems as well as consumer appliances
The stock price has seen a correction of more than 10% in the last 6 months and is currently consolidating in the price range of Rs 680-700 per share. Any breakout above Rs 710 per share can see a strong upward move.
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