CGPOWER has rebounded from its ₹520 base and is trending higher with strong volumes, forming a higher high–higher low structure. The stock recently broke out of a flag & pole pattern, with RSI above 60 and MACD in positive territory confirming momentum. Accumulate ₹680–₹700 for ₹750–₹820. Stop loss: ₹640.
Traders can look to accumulate CGPOWER in the ₹ 680-700 zone and expect upside targets of ₹ 750-820 in 6-8 weeks with stop loss below ₹ 640 (closing basis).
CG Power & Industrial Solutions Ltd., formerly Crompton Greaves Limited, is a historical player in India's electrical engineering sector, headquartered in Mumbai. Incorporated in 1937 and now under the Murugappa Group via Tube Investments, the company specializes in engineering solutions in power systems, industrial systems, and railways with a pan-India and global presence.
| Strengths | Highlights |
|---|---|
| Diversified engineering portfolio spanning power systems, industrial systems, railways, and a strategic push into semiconductors | Positions the company for growth in both traditional infrastructure and emerging tech-driven sectors |
| Strong balance sheet with near-zero debt and robust cash reserves | Provides financial flexibility to invest in expansion, R&D, and withstand downturns |
| Attractive growth trajectory backed by healthy revenue gains and optimistic long-term forecasts | Reflects investor confidence and strategic visibility in earnings outlook |
| Strategic realignment into semiconductors and advanced electronics | Aligns with India's national priorities and positions the company at the edge of industrial transformation |
| Supportive backing from the Murugappa Group | Ensures strong corporate governance and strategic clarity |
CG Power is re-positioning itself as a technology-forward industrial powerhouse—moving beyond traditional electrical systems into semiconductors and electrification solutions. It combines a strong financial foundation with aggressive growth strategies and aligned national priorities. But investors should weigh this against high valuations and execution complexity. It's a high-conviction yet nuanced long-term play in India's electrification and tech infrastructure story.
Disclaimer - Investments in securities market are subject to market risk, read all the related document carefully before investing.
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Name of the Company has changed from Networth Stock Broking Limited to Monarch Networth Capital Limited upon Certification of Incorporation received from Registrar of Companies, Mumbai vide certificate dated 13th October, 2015.
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Monarch Networth Capital Limited (‘MNCL’) | CIN No.: L64990GJ1993PLC120014
Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar - 382050, Gujarat
Ahmedabad
“Monarch House”, Opp Prahladbhai Patel garden, Near Ishwar Bhuvan, Commerce Six Roads, Navrangpura, Ahmedabad - 380009
Mumbai
Monarch Networth Capital Limited, G Block, Laxmi Tower, B Wing, 4th Floor, Bandra Kurla Complex, Bandra East, Mumbai - 400051.
Email for Grievance: grievances@mnclgroup.com
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Mechanism for addressing grievances and information about SCORES.
Mechanism for addressing grievances and information about SCORES.
Monarch Networth Capital Limited (‘MNCL’) | CIN No.: L64990GJ1993PLC120014
(As per LODR Regulations and Companies Act, 2013)
Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances : Mr. Nitesh Tanwar
Monarch Networth Capital Limited
Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar - 382050, Gujarat
Ahmedabad
“Monarch House”, Opp Prahladbhai Patel garden, Near Ishwar Bhuvan, Commerce Six Roads, Navrangpura, Ahmedabad – 380009
Mumbai
Monarch Networth Capital Limited, G Block, Laxmi Tower, B Wing, 4th Floor, Bandra Kurla Complex, Bandra East, Mumbai - 400051.
Phone: 022 - 66476400 / 66476405
Email: cs@mnclgroup.com
Email for Grievance: cs@mnclgroup.com
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(Formerly known as Link Intime India Private Limited)
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‘Investments in securities market are subject to market risks, read all the related documents carefully before investing.’
