Cg Power

CG Power is a strong beneficiary of the strong growth seen in India's transformer and switchgear segments, Morgan Stanley says

India’s first Made-in-India chip will come from CG Semi’s semiconductor pilot line in Gujarat, says Ashwini Vaishnaw

"This pilot line (G1 facility) will produce 0.5 million chips per day, and our first Made-in-India chip will come from here," Vaishnaw said.

India needs more fabs, faster policy push to stay in the global chip race: Top industry bodies

Several global players are exploring direct investments or partnerships across the semiconductor equipment and supply chain and India should make the most of the opportunity, Ashok Chandak India Electronics and Semiconductor Association and SEMI India chairperson Ashok Chandak has said

CG Power says OSAT project ahead of schedule; mini facility to go live this quarter

The main plant will begin production in FY27 is expected. The company is funding the semiconductor foray from the proceeds of its recent QIP and is also evaluating potential acquisitions

CG Power QIP sees bids worth Rs 10,000 crore pour in; MFs, insurance, long-only FPIs biggest bidders

Amongst mutual funds, Axis MF, Aditya Birla MF, WhiteOak Capital MF, and HDFC MF have put in significant sized bids with insurance majors like SBI Life Insurance and HDFC Life Insurance also participating in the QIP in a big way.

CG Power OSAT unit to begin chip production by mid-2026, new R&D centers to work on 3nm chip design: Renesas India head

The OSAT unit, located in Gujarat, is part of a joint venture between CG Power and Renesas, with the latter holding a minority stake and contributing its chip packaging technology

Buy CG Power; target of Rs 765: Emkay Global Financial

Emkay Global Financial is bullish on CG Power has recommended buy rating on the stock with a target price of Rs 765 in its research report dated May 07, 2025.

CG Power confident in OSAT revenue despite AI-semiconductor challenges from DeepSeek

DeepSeek claims to offer a free alternative to ChatGPT, utilising models that are cheaper to establish and require fewer chips.

CG Power shares rise 3% after arm bags order from Chittaranjan Locomotive Works

The order value is in the range of Rs 500-600 crore, with an execution time frame of one year, CG Power said.

Nomura bullish on India's T&D sector amid multi-decade growth prospects, surging electricity demand

Nomura said that India's power transmission sector is ready for significant growth, driven by surging electricity demand and ambitious renewable energy capacity addition targets.

Murugappa group's talks for amicable split hit roadblock: Report

The group’s business empire, which generated a revenue of over $9 billion in FY23, has been under talks for an amicable division, the report said, adding that the negotiations are being led by the Murugappa Chettiar family.

These Indian semiconductor firms are having a splendid rally on the bourses

Companies like HCLTech, Tata Elxsi, Moschip Technologies, ASM Technologies, SPEL Semiconductor, RIR Power Electronics, and CG Power have some amount of exposure in the domestic semiconductor space, which, as per studies, is estimated to grow at 19 percent CAGR

Gainers & Losers: Top 10 stocks that moved the most on May 21

Indian benchmark indices ended flat in the volatile session on May 21. Here are the top stocks that moved the most on May 21.

CG Power shares fall 3.5% after block deal; FII investor likely seller

CNBC Awaaz reported, citing sources, that an FII shareholder of CG Power is likely to have sold stake worth Rs 425 crore through a block deal.

CG Power may see block deal of shares worth Rs 425 crore tomorrow

The block deal is likely to happen in 2-3 percent discount to market price, sources added.