CG POWER & INDUSTRIAL SOLUTIONS LTD Surges by 5%; BSE CAPITAL GOODS Index Up 1.8%
February 27, 2019 10:22 AM

CG POWER & INDUSTRIAL SOLUTIONS LTD share price has zoomed 5% and is presently trading at Rs 32.

Meanwhile, the BSE CAPITAL GOODS Index is at 17,041 (up 1.8%).

Among the top Gainers in the BSE CAPITAL GOODS Index today are CG POWER & INDUSTRIAL SOLUTIONS LTD (up 5.2%) and SUZLON ENERGY (up 9.0%).

Over the last one year, CG POWER & INDUSTRIAL SOLUTIONS LTD has moved down from Rs 82 to Rs 32, registering a loss of Rs 50 (down 60.7%).

On the other hand, the BSE CAPITAL GOODS has moved down from 19,237 to 17,041, loss of 2,196 points (down 11.5%) during the last 12 months.

The top gainers among the BSE CAPITAL GOODS Index stocks during this same period were HAVELLS IND (up 37.8%), AIA ENGINEERING (up 18.7%) and SKF INDIA (up 7.5%).

What About the Benchmark Indices?

The BSE Sensex is at 36,301 (up 0.9%).

The top gainers among the BSE Sensex stocks today are SUN PHARMA (up 2.8%), YES BANK (up 2.5%) and BAJAJ AUTO (up 2.2%). Other gainers include L&T (up 1.9%) and AXIS BANK (up 1.8%). The most traded stocks in the BSE Sensex are YES BANK and TATA MOTORS.

In the meantime, NSE Nifty is at 10,922 (up 0.7%). SUN PHARMA (up 2.8%) and YES BANK (up 2.4%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 34,446 to 36,301, registering a gain of 1,855 points (up 5.3%).

CG POWER & INDUSTRIAL SOLUTIONS LTD Financial Update...

CG POWER & INDUSTRIAL SOLUTIONS LTD net profit down at Rs 686 million for the quarter ended December 2018, compared to a loss of Rs 695 million a year ago. Net Sales rose 83.3% to Rs 17.2 billion during the period as against Rs 9.4 billion in October-December 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 11.5x.