CG POWER & INDUSTRIAL SOLUTIONS LTD Plunges by 5%; BSE CAPITAL GOODS Index Down 2.5%
February 11, 2019 10:40 AM

CG POWER & INDUSTRIAL SOLUTIONS LTD share price has plunged 5% and is presently trading at Rs 37.

Meanwhile, the BSE CAPITAL GOODS Index is at 16,833 (down 2.5%).

Among the top losers in the BSE CAPITAL GOODS Index today are CG POWER & INDUSTRIAL SOLUTIONS LTD (down 5.3%) and HEG LTD (down 5.5%).

ELGI EQUIPMENTS (up 0.3%) and LAKSHMI MACHINE (up 0.2%) are among the top gainers today.

Over the last one year, CG POWER & INDUSTRIAL SOLUTIONS LTD has moved down from Rs 88 to Rs 37, registering a loss of Rs 52 (down 58.3%)..

The BSE CAPITAL GOODS has moved down from 19,382 to 16,833, loss of 2,549 points (down 13.2%) during the last 12 months.

The top gainers among the BSE CAPITAL GOODS Index stocks during this same period were HAVELLS IND (up 38.0%), AIA ENGINEERING (up 13.9%) and SKF INDIA (up 11.2%).

What About the Benchmark Indices?

The BSE Sensex is at 36,588 (down 0.6%). The top gainers among the BSE Sensex stocks today are INFOSYS LTD (up 1.1%). The most traded stocks in the BSE Sensex are HDFC BANK and INFOSYS LTD.

In the meantime, NSE Nifty is at 10,931 (down 0.7%). CIPLA (up 1.8%) and INFOSYS LTD (up 0.9%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 34,413 to 36,588, registering a gain of 2,175 points (up 5.6%).

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 6.6x.