CG Power & Industrial Solutions is a worldwide corporation that offers comprehensive solutions to utilities, industries, and consumers in order to effectively and sustainably manage and utilize electrical energy. The company operates in two primary business divisions, namely Power Systems and Industrial Systems, providing a wide range of products, services, and solutions.
Founded in 1937 in India, CG has consistently maintained its pioneering status and continued to lead in the field of managing and applying electrical energy.
The objective of this article is to examine the projected share price target for CG Power & Industrial Solutions between 2023 and 2030, while also evaluating the potential of CG Power & Industrial Solutions as an attractive stock option for investment.
LATEST NEWS ABOUT CG POWER AND INDUSTRIAL SOLUTIONS
- CG Power is strategizing a ₹400 crore expansion over the next two years , aims at increasing exports revenue to 20%.
- Public companies hold the majority ownership stake in CG Power and Industrial Solutions Limited, accounting for 58% of the shares, while individual investors possess a 26% ownership share.
HOW TO BUY CG POWER AND INDUSTRIAL SOLUTIONS SHARES
You can buy CG Power & Industrial Solutions shares from the following trading platforms:
- Zerodha
- Upstox
- Groww
- AngleOne
- ICICIDirect
SHARE PRICE PREDICTION OF CG POWER AND INDUSTRIAL SOLUTIONS:2023 TO 2030
SHARE PRICE TARGET 2023 OF CG POWER AND INDUSTRIAL SOLUTIONS
| When | Maximum Price | Minimum Price |
| July 2023 | ₹405.30 | ₹368.45 |
| August 2023 | ₹413.41 | ₹375.82 |
| September 2023 | ₹422.91 | ₹384.47 |
| October 2023 | ₹410.60 | ₹373.27 |
| November 2023 | ₹418.81 | ₹380.73 |
| December 2023 | ₹431.37 | ₹392.16 |
CG Power & Industrial Solutions is expected to experience significant growth in its share price target in 2023. Based on the provided data, the maximum price targets range from ₹405.30 in July to ₹431.37 in December. Conversely, the minimum price targets vary from ₹368.45 in July to ₹392.16 in December. In December, the share price reaches its peak for the year, with a maximum price of ₹431.37 and a minimum price of ₹392.16. This represents a growth of approximately 10.50%. This suggests a potential increase in share value over the course of the year. It is important to note that these figures are subject to market conditions and various other factors. With a market capitalization of ₹59,019 Cr. and a stock P/E ratio of 64.4, CG Power & Industrial Solutions Ltd demonstrates its strong presence in the market and indicates positive prospects for potential investors.
SHARE PRICE TARGET 2024 OF CG POWER AND INDUSTRIAL SOLUTIONS
| When | Maximum Price | Minimum Price |
| January 2024 | ₹454.08 | ₹394.85 |
| February 2024 | ₹493.56 | ₹429.18 |
| March 2024 | ₹498.55 | ₹433.52 |
| April 2024 | ₹453.22 | ₹394.11 |
| May 2024 | ₹377.69 | ₹328.42 |
| June 2024 | ₹453.22 | ₹394.11 |
| July 2024 | ₹385.24 | ₹334.99 |
| August 2024 | ₹423.76 | ₹368.49 |
| September 2024 | ₹444.95 | ₹386.92 |
| October 2024 | ₹523.47 | ₹455.19 |
| November 2024 | ₹549.65 | ₹477.95 |
| December 2024 | ₹560.64 | ₹487.51 |
In January, the share price is projected to reach a maximum of ₹454.08 and a minimum of ₹394.85. February sees a significant increase, with a maximum price of ₹493.56 and a minimum price of ₹429.18. This indicates a substantial growth of approximately 15.76%.Moving into March, the share price continues to rise, with a maximum of ₹498.55 and a minimum of ₹433.52, representing a growth of around 3.01%. However, in April, there is a slight decrease, with a maximum price of ₹453.22 and a minimum price of ₹394.11, resulting in a decrease of approximately 4.57%.
May experiences a further decline, with a maximum price of ₹377.69 and a minimum price of ₹328.42, reflecting a decrease of around 16.27%. However, June sees a recovery with the same maximum and minimum prices as April, marking no significant growth or decline.
As we move into the second half of the year, July shows some improvement, with a maximum price of ₹385.24 and a minimum price of ₹334.99, resulting in a growth of approximately 2.55%. September sees a further increase, with a maximum price of ₹444.95 and a minimum price of ₹386.92, indicating a growth of around 5.00%. October experiences significant growth, with a maximum price of ₹523.47 and a minimum price of ₹455.19, resulting in a growth of approximately 17.99%.
In November, there is a slight increase, with a maximum price of ₹549.65 and a minimum price of ₹477.95, reflecting a growth of around 5.01%. December marks the highest point for the year, with a maximum price of ₹560.64 and a minimum price of ₹487.51, signifying a growth of approximately 1.99%.
SHARE PRICE TARGET 2025 OF CG POWER AND INDUSTRIAL SOLUTIONS
| When | Maximum Price | Minimum Price |
| January 2025 | ₹571.85 | ₹439.89 |
| February 2025 | ₹601.95 | ₹463.04 |
| March 2025 | ₹632.05 | ₹486.19 |
| April 2025 | ₹564.33 | ₹434.10 |
| May 2025 | ₹513.03 | ₹394.64 |
| June 2025 | ₹564.33 | ₹434.10 |
| July 2025 | ₹537.46 | ₹413.43 |
| August 2025 | ₹559.85 | ₹430.65 |
| September 2025 | ₹587.84 | ₹452.19 |
| October 2025 | ₹623.11 | ₹479.32 |
| November 2025 | ₹666.73 | ₹512.87 |
| December 2025 | ₹680.07 | ₹523.13 |
In January, the share price is projected to reach a maximum of ₹571.85 and a minimum of ₹439.89. February shows further growth, with a maximum price of ₹601.95 and a minimum price of ₹463.04, reflecting an increase of approximately 5.26%.Moving into March, the share price continues to rise, reaching a maximum of ₹632.05 and a minimum of ₹486.19, indicating a growth of around 5.00%. April experiences a slight decrease, with a maximum price of ₹564.33 and a minimum price of ₹434.10, resulting in a decrease of approximately 10.62%.
May sees a recovery, with a maximum price of ₹513.03 and a minimum price of ₹394.64, reflecting a growth of around 18.30%. June shows the same maximum and minimum prices as April, marking no significant growth or decline.
As we move into the second half of the year, July exhibits a modest increase, with a maximum price of ₹537.46 and a minimum price of ₹413.43, resulting in a growth of approximately 3.97%.
September experiences further growth, with a maximum price of ₹587.84 and a minimum price of ₹452.19, indicating a growth of around 5.00%. October shows significant growth, with a maximum price of ₹623.11 and a minimum price of ₹479.32, resulting in a growth of approximately 5.99%.
In November, the share price continues to rise, with a maximum price of ₹666.73 and a minimum price of ₹512.87, reflecting a growth of around 6.95%. December marks the highest point for the year, with a maximum price of ₹680.07 and a minimum price of ₹523.13, signifying a growth of approximately 2.00%.
CG POWER AND INDUSTRIAL SOLUTIONS SHARE PRICE PREDICTION 2026-2030
| Year | Maximum Price | Minimum Price |
| 2026 | ₹476.05 | ₹333.23 |
| 2027 | ₹404.64 | ₹283.25 |
| 2028 | ₹728.35 | ₹509.85 |
| 2029 | ₹1,496.15 | ₹1,047.30 |
| 2030 | ₹1,666.16 | ₹1,166.31 |
In 2026, the maximum share price is projected to reach ₹476.05, while the minimum share price is estimated to be ₹333.23. This indicates a range of approximately 43% between the highest and lowest prices for the year. Moving into 2027, the maximum share price decreases to ₹404.64, while the minimum share price decreases to ₹283.25.
However, in 2028, there is a substantial increase in the share price. The maximum price is projected to reach ₹728.35, while the minimum price is estimated at ₹509.85. This surge in share price reflects significant growth, with a range of approximately 43% between the highest and lowest prices.
The following year, in 2029, the share price experiences a remarkable surge. The maximum price is expected to reach ₹1,496.15, while the minimum price is projected to be ₹1,047.30. This substantial increase signifies significant growth, with a range of approximately 43% between the highest and lowest prices.
In 2030, the share price continues to climb. The maximum price is projected to reach ₹1,666.16, while the minimum price is estimated to be ₹1,166.31. This demonstrates sustained growth, with a range of approximately 43% between the highest and lowest prices.
FINANCIAL CONDITION OF CG POWER AND INDUSTRIAL SOLUTIONS :LAST 5 YEARS
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
| Sales | 7,998 | 5,110 | 2,964 | 5,484 | 6,973 |
| Expenses | 7,699 | 5,079 | 2,848 | 4,837 | 5,967 |
| Operating Profit | 299 | 31 | 116 | 647 | 1,005 |
| OPM % | 4% | 1% | 4% | 12% | 14% |
| Other Income | -116 | -861 | 1,655 | 569 | 286 |
| Interest | 432 | 365 | 206 | 82 | 28 |
| Depreciation | 225 | 211 | 138 | 99 | 94 |
| Profit before tax | -475 | -1,407 | 1,427 | 1,035 | 1,169 |
| Tax % | -7% | 5% | 10% | 12% | 18% |
| Net Profit | -507 | -1,331 | 1,280 | 913 | 963 |
| EPS in Rs | -8.03 | -21.12 | 9.68 | 6.33 | 6.3 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 24% |
Over the years from March 2019 to March 2023, CG Power & Industrial Solutions experienced fluctuations in its financial performance.
In March 2019, the company reported sales of ₹7,998 crore, which decreased to ₹5,110 crore in March 2020. The sales further declined to ₹2,964 crore in March 2021 but showed recovery and increased to ₹5,484 crore in March 2022. By March 2023, sales improved further to reach ₹6,973 crore.
The operating profit, was ₹299 crore in March 2019, but it decreased significantly to ₹31 crore in March 2020. However, there was a recovery in March 2021, with operating profit amounting to ₹116 crore. The subsequent years witnessed substantial growth in operating profit, reaching ₹647 crore in March 2022 and ₹1,005 crore in March 2023. The operating profit margin (OPM) percentage also improved steadily from 4% in March 2019 to 14% in March 2023, indicating better operational efficiency and cost management.
In March 2019, the EPS was -₹8.03, indicating a loss per share. The loss per share further increased to -₹21.12 in March 2020. However, there was a significant improvement in March 2021, with an EPS of ₹9.68. The subsequent years witnessed a slight decline, reaching ₹6.33 in March 2022 and remaining relatively stable at ₹6.3 in March 2023.
FAQS
WHAT IS THE SHARE PRICE TARGET OF CG POWER FOR 2025?
CG Power share price might reach around ₹680 by the end of 2025.
WHAT IS THE SHARE PRICE TARGET OF CG POWER FOR 2030?
CG Power share price might reach around ₹1666 by the end of 2030.
HOW HAS CG POWER PERFORMED IN TERMS OF SALES OVER THE YEARS ?
CG Power has experienced fluctuations in sales. While there was a decline in sales from 2019 to 2021, there was a significant rebound in 2022 and further growth in 2023.
WHAT HAS BEEN THE TREND IN CG POWER’S EARNINGS PER SHARE (EPS)?
In March 2019, the earnings per share (EPS) stood at -₹8.03, denoting a negative value and indicating a loss per share. However, a remarkable turnaround was witnessed in March 2021, where the EPS surged to ₹9.68, indicating a significant improvement. Following this positive growth, the subsequent years saw a slight decline, with the EPS reaching ₹6.33 in March 2022 and maintaining relative stability at ₹6.3 in March 2023.
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CONCLUSION
In conclusion, the financial data for CG Power and Industrial Solutions reflects a period of challenges and subsequent improvements in the company’s performance. From March 2019 to March 2023, CG Power faced a decline in sales and incurred losses, primarily in the fiscal years 2019 and 2020. However, the company demonstrated resilience and implemented strategies that resulted in a recovery and significant growth in subsequent years.
Due diligence and thorough examination should be conducted prior to making any investment choices, which is a prudent approach. However, despite this caution, investors seeking prospects for long-term growth might discover that CG Power presents a promising investment opportunity, supported by the company’s impressive financial track record.
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