In this article, we are going to talk about CG Power Share Price Target.
Today, we will talk about CG Power, a brand that stands for excellence, affordability, and innovation. Investors feel that this share can give you a lot of profit in the future that’s why we are going to analyze CG Power’s share.
So mainly this article has been written to analyze the stock. And we will also try to find out the CG Power Share Price Targets in this. So, let’s first of all have a look at the company’s share overview, its financial, fundamentals and then we will predict the future price of CG Power shares.
CG Power Share Overview
CG Power and Industrial Solutions Limited is a leading global player in the power transmission and distribution industry. The company specializes in designing, manufacturing, and servicing electrical equipment and solutions for power generation, transmission, and distribution.
CG Power offers a wide range of products including transformers, switchgear, motors, automation systems, and control panels. It serves diverse industries such as power utilities, infrastructure, industrial, and renewable energy. Its focus on innovation, quality, and sustainability has positioned it as a trusted and reliable power solutions provider.
CG Power Financial
In 2020, the company’s revenue surged to 5,110 crore, and its profit was -1,324 crore. In 2021, the company made a profit of 1295 crore with a revenue of 2,964 crore. In 2022, CG Power earned a profit of 913 crore and a revenue of 5,561 crore.
CG Power Share Fundamentals
| Company | CG Power and Industrial Solutions Ltd |
|---|---|
| Market Cap | ₹1,05,420 Crore |
| P/E Ratio | 71.99 |
| Industry P/E | 105.52 |
| EPS | 9.58 |
| ROE | 28.31% |
| Dividend Yield | 0.19% |
Matrics Explained –
- Market Cap (Market Capitalization): ₹1,05,420 Crore: Market capitalization represents the total market value of a company’s outstanding shares.
- P/E Ratio (Price-to-Earnings Ratio): 71.99: The P/E ratio is a valuation metric that shows how much investors are willing to pay for each rupee of earnings. A P/E ratio of 71.99 indicates that investors are willing to pay ₹71.99 for every ₹1 of earnings per share (EPS).
- Industry P/E (Price-to-Earnings Ratio): 105.52: The industry’s average P/E ratio is 105.52. Comparing this to the company’s P/E of 71.99 suggests that the company’s stock may be trading at a slightly lower valuation than the industry average.
- EPS (Earnings Per Share): ₹9.58: In this case, the company earned ₹9.58 for each outstanding share over a specific period.
- ROE (Return on Equity): 28.31%: An ROE of 28.31% indicates that the company generated a profit of 28.31% for every rupee of shareholders’ equity.
- Dividend Yield: 0.19%: A dividend yield of 0.19% suggests a relatively low dividend payout relative to the stock price.
CG Power share more details are available in this video –
CG Power Share Price Target 2024
This stock is very good because it is making a very good profit and its fundamentals have also improved. But it is a matter of concern that the Industry P/E is 105.52 and its P/E ratio is 71.99 , which is quite low. Rest all its fundamentals are fine and the risk in this stock is comparatively low as it is a large capitalistic company. So by analysing its fundamentals, it has been forecasted that CG Power share price target 2024 will be ₹460 and the maximum price can go up to ₹490. So if you invest in it, then definitely look at its present fundamentals.
CG Power Share Price Target 2025
Rally will be seen in this stock in 2025 as it is growing very fast. As we can see, it has given returns of 8000% since 2000 till date. That is, on average it has given returns of 345% every year. And we expect this stock to give returns of up to 15% this year. So the forecasted price for CG Power share price target 2025 will be ₹530, and the maximum price can go up to ₹610, which is a good return.
CG Power Share Price Target 2030
It will also perform very well in 2030. Investors are also saying that this stock can prove to be a very good investment for the long term. If we talk about CG Power share price target 2030, the first and second targets can be ₹860 and ₹960 respectively. But keep in mind that investing in stock may be very risky, so it becomes very important to have proper knowledge of that stock, in which you want to invest.
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Conclusion
So how did you like this blog, please tell by commenting. We have tried to know as much as possible about CG Power Share Price Target 2024, 2025, 2026 and 2030.
If you want to know anything else about it, then you comment, and we will try our best to give you the best answer. And yes, If you Liked this article, then definitely share it as much as possible.
FAQs
What is the future of CG Power share?
There is quite a possibility of getting multi-bagger returns from CG Power share in the future. But for this, you have to invest in this share wisely and for a long-term horizon.
Is CG Power share good to buy?
It may be good to buy CG Power Stocks because its financial and fundamentals are almost good.
Is CG Power debt free?
No, CG Power has a debt of ₹16.1 crore.
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