CG POWER & INDUSTRIAL SOLUTIONS LTD Surges by 6%; BSE CAPITAL GOODS Index Up 0.2%
November 19, 2018 10:27 AM

CG POWER & INDUSTRIAL SOLUTIONS LTD share price has zoomed 6% and is presently trading at Rs 38.

Meanwhile, the BSE CAPITAL GOODS Index is at 18,538 (up 0.2%).

Among the top Gainers in the BSE CAPITAL GOODS Index today is CG POWER & INDUSTRIAL SOLUTIONS LTD (up 5.8%).

LAKSHMI MACHINE and THERMAX LTD (down 0.2%) are among the top losers today.

Over the last one year, CG POWER & INDUSTRIAL SOLUTIONS LTD has moved down from Rs 80 to Rs 38, registering a loss of Rs 42 (down 52.7%).

On the other hand, the BSE CAPITAL GOODS has moved up from 18,154 to 18,538, registering a gain of 384 points (up 1.6%) during the last 12 months.

The top gainers among the BSE CAPITAL GOODS Index stocks during this same period were GRAPHITE INDIA (up 55.5%), HAVELLS IND (up 34.6%) and AIA ENGINEERING (up 20.7%).

What About the Benchmark Indices?

The BSE Sensex is at 35,667 (up 0.3%).

The top gainers among the BSE Sensex stocks today are YES BANK (up 5.7%), VEDANTA LTD (up 1.8%) and RELIANCE IND. (up 1.3%). Other gainers include TATA STEEL (up 1.1%) and SUN PHARMA (up 1.1%). The most traded stocks in the BSE Sensex are YES BANK and ITC LTD.

In the meantime, NSE Nifty is at 10,732 (up 0.2%). YES BANK (up 5.2%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 33,107 to 35,667, registering a gain of 2,560 points (up 7.4%).

CG POWER & INDUSTRIAL SOLUTIONS LTD Financial Update...

CG POWER & INDUSTRIAL SOLUTIONS LTD net profit down at Rs 381 million for the quarter ended September 2018, compared to a loss of Rs 695 million a year ago. Net Sales rose 75.9% to Rs 16.5 billion during the period as against Rs 9.4 billion in July-September 2017.

For the year ended March 2018, CG POWER & INDUSTRIAL SOLUTIONS LTD reported 66.5% decrease in net profit to Rs 512.0 million compared to net profit of Rs 1.5 billion during FY17.

Revenue of the company grew 6.1% to Rs 63 billion during FY18.

The current Price to earnings ratio of CG POWER & INDUSTRIAL SOLUTIONS LTD, based on rolling 12 month earnings, stands at 7.6x.