Are you looking for a CG Power Share Price Target of 2023, 2024, 2025, 2026, 2027,2028,2029 and 2030?
Here is the in and out of CG Power share price target 2023, 2024, 2025, 2026,2027,2028,2029 and 2030. These predicted share price is based on the comprehensive analysis of the company’s growth potential and historical data.
This load of information helps you with decisions about long-term and short-term investments.
It will surely help you out in SIP(Systematic Investment Plan) for better ROI(Return On Investment).
Share price Overview::
I am Stanly Knight, a Stock Market research Analyst from 2000 to till date. Having more than 22 years of experience in Stock Market Analysis and Price Analysis in the Indian share Market and American Stock Market. I have even worked as a freelance analyst for many companies to improve their portfolio management and risk analysis of their Investment.
Below we are going to summarize the fundamentals and the share price targets from 2023 to 2030. The fundamentals are accurate as per the NSE(National Stock Exchange) and BSE(Bombay Stock Exchange) data. and the prediction is completely based on our company policies and our team experts’ perspectives.
Company Overview
CG Power (BSE: 500093, NSE: CGPOWER) CG Power and Industrial Solutions Limited, also known as Crompton Greaves Limited, is an Indian multinational company engaged in designing, manufacturing, and marketing products related to the production, transportation, distribution, and ‘electric rail transport.
It is headquartered in Mumbai and has been part of the Murugappa Group since 2020, acquired from the Avantha Group.
The company was restructured in 2016 after spinning off its consumer goods business.
In August 2019, CG Power and Industrial Solutions reported that its employees made unauthorized transactions that resulted in “underestimation of the company’s liabilities” by thousands of millions of dollars during the fiscal year before.
In September 2020, Murugappa Group’s Tube Investments bought a 56% stake in CG Power and Industrial Solutions for ₹700 crore.
Upcoming Projects of CG Power
| Year | Projects |
|---|---|
| 2024-2025 | Ahmednagar, Goa, Bhopal and Malanpur plants worth 400 crore project |
| ************* | ************************ |
CG Power Company Fundamentals:
- PE Ratio: – Price/earnings ratio, which shows how much per rupee of profit an investor is willing to pay for a stock. Typically, stocks trading at low P/E levels are undervalued (this also depends on other factors). CG Power & Indl.Soln has a PE ratio of 78.10, which is high and is relatively highly valued.
- Return on assets (ROA): – Return on assets measures how effectively a business can earn from its investment in assets. In other words, ROA shows how effectively a company can convert the money used to purchase assets into net income or profit. CG Power & Indl.Soln has a ROA of 22.44%, which is a good sign for future performance. (higher values are always desired)
- Solvency ratio: – Solvency ratio measures the company’s ability to pay short-term debts with current assets. A higher current ratio is desirable so that the company can stabilize against unexpected shocks to the business and the economy. CG Power & Indl.Soln has a current ratio of 1.54.
- Return on equity: – ROE measures a company’s ability to generate profits through its shareholders’ investment in the company. In other words, the return on equity shows the profit generated from each rupee of common equity. CG Power & Indl.Soln has an ROE of 37.19% (the higher the better)
- Debt ratio: – This is a good measure to check capital structure as well as its operating efficiency. CG Power & Indl.Soln has a D/E ratio of 0.00, meaning the company has a low debt-to-capital ratio.
- Inventory turnover index: The inventory turnover index is the operating speed and a tool to evaluate the liquidity of a company’s inventory. It measures the number of times a company has sold and replaced inventory during a given period. CG Power & Indl.Soln has an inventory turnover ratio of 14.13, which shows that the management is ineffective in managing inventory and working capital.
- Revenue growth: – CG Power & Indl.Soln recorded revenue growth of 27.53%, commensurate with the company’s growth and performance.
- Operating Profit Margin: – This will tell you about the company’s performance. CG Power & Indl.Soln’s operating profit margin in the current financial year amounted to 14.24%.
- Dividend Yield:- It tells us the amount of dividend we will receive in relation to the stock price. CG Power & Indl.Soln’s current year dividend is Rs 1.50 and the dividend yield is 0.34%.
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CG Power Share Price Target Analytics from 2023 to 2030
CG Power share price target for 2023, 2024, 2025, 2026,2027,2028,2029 and 2030 are available here. TradingView charts and technical analysis are used to forecast or predict the price of CG Power shares. This price prediction was aided by our team of expert advice.
CG Power share price target 2023|CG Power power share price forecast 2023
In this year, we anticipate significant growth in the Energy sector which impacts CG Power’s share price. As per our analysis, CG Power’s share price could hold a positive rise, considering its investments in renewable energy-related projects. This can have a positive impact on the short-term investors.
| First Target | 458 |
| Second Target | 463 |
| Third target | 468 |
CG Power share price target 2024|CG Power share price forecast 2024
By 2024, The company’s excellent financial position and strategic development into the thriving renewable energy sector are likely to increase the company’s positive trajectory through 2024. This maximum forecast takes into account the possible benefits of government incentives for green energy-focused investments.
| First Target | 489 |
| Second Target | 503 |
| Third target | 512 |
CG Power share price target 2025|CG Power share price forecast 2025
In 2025, The company’s commitment to diversification of operations, jointly with strong macroeconomic trends and rising demand for renewable energy resources, improves the probability of an extended upward trend.
| First Target | 558 |
| Second Target | 571 |
| Third target | 580 |
CG Power share price target 2026|CG Power share price forecast 2026
By 2026, the company’s improvement strategies and initiatives should begin to yield tangible results. They have been investing in modern technology and collaborating with companies from other nations, which could result in a significant growth in the value of their shares. Simply said, if everything goes as planned, the company’s stock price might rise significantly by 2026 as a result of the actions they are doing today.
| First Target | 661 |
| Second Target | 679 |
| Third target | 690 |
CG Power share price target 2027|CG Power share price forecast 2027
The company’s continued growth is dependent on its ability to carry out its business plans effectively, having rules and regulations that are helpful to its operations, and the world continues to move towards using more renewable energy sources like solar and wind power.
| First Target | 813 |
| Second Target | 826 |
| Third target | 840 |
CG Power share price target 2028|CG Power share price forecast 2028
CG Power seems to be in a good position for success in 2028. The company’s emphasis on innovation and sustainable growth techniques is probably going to pay off in the long run given the increasing demand for renewable energy sources like wind and solar electricity. They are actively participating in a developing industry and making beneficial environmental contributions, which points to a bright future for them not just in 2028 but also in the years to come.
| First Target | 974 |
| Second Target | 985 |
| Third target | 1020 |
CG Power share price target 2029|CG Power share price forecast 2029
Thinking about 2029, things still look good for CG Power. More and more people want clean energy like wind and solar power, and that’s good for the company. They keep coming up with new ideas and are focused on being environmentally friendly, which matches what the world needs. This could mean their stock price continues to go up in 2029 and beyond because they’re ready for changes in how we get energy.
| First Target | 1295 |
| Second Target | 1330 |
| Third target | 1380 |
CG Power share price target 2030|CG Power share price forecast 2030
CG Power Electricity sees a bright future since the demand for sustainable energy, such as wind and solar electricity, is increasing. Furthermore, the company’s dedication to innovation and ecologically responsible growth techniques positions it for long-term success. They work in a rising business while ensuring that their actions benefit the environment, which bodes well for their future prospects.
| First Target | 1584 |
| Second Target | 1610 |
| Third target | 1640 |
CG Power Buy or Sell call: SWOT
Minimum And Maximum CG Power Share
| YEAR | MIN | MAX |
| 2023 | 455 | 468 |
| 2024 | 501 | 512 |
| 2025 | 568 | 580 |
| 2026 | 674 | 690 |
| 2027 | 821 | 840 |
| 2028 | 940 | 1020 |
| 2029 | 1310 | 1380 |
| 2030 | 1525 | 1640 |
CG Power Dividend history
| Ex Date | Dividend amount | Cash Amount | Record Date | Instrument Type |
| 15-03-2023 | 1.50 | CASH | 15-03-2023 | *** |
| 06-02-2015 | 0.40 | CASH | 09-02-2015 | *** |
| 22-10-2014 | 0.40 | CASH | 27-10-2014 | *** |
| 30-07-2014 | 0.40 | CASH | 01-08-2014 | *** |
| 04-02-2014 | 0.40 | CASH | 05-02-2014 | *** |
Conclusion:
- The above-mentioned CG Power Share Predictions are completely based on our expertise. If you are looking for a stock that is owned by a reputed organization as of 16/09/2023, it’s a good stock for long-term investment, currently, the CG Power shares are Trading at a close call of all-time HIGH.
- If you are a short-term investor expecting more ROI, It’s completely on your will and knowledge.
- In the last 5 years, the CG Power share price has gained over 742.84% of its share price, it’s been a good sign.
- Be aware of stock operators..!!
Is CG Power a good buy for the long term?
YES. By analyzing its past year records, it’s good to buy for the long term by expecting more than 500% ROI in 10 years. From the initial date to today’s date CG Power has gained over 9,267.97%, it is a multibagger stock
Is CG Power a good stock to buy?
YES, from the past several years to now, it’s trading at an all-time high, the company’s overall fundamentals are looking fine, and debt a free company with authoritative board members
Can CG Power be a multibagger?
offcourse? All shares can be multibagger like TITAN Share. till now CG Power has gained over 9,267.97% by considering this we can say this stock is a multibagger stock
What is the true value of CG Power share?
Because of the intrinsic value and the valuation the true value of CG Power shares will be 452rs
CG Power dividend 2023 record date?
on 15-03-2023 CG Power declared a 1.5 rs per share dividend to its shareholders.
Which power share is best to buy now?
Adani Power. By seeing the record and the market correction power sector Adani Power will be the best share to buy now.
Disclaimer:
We are not SEBI-registered analysts. The above-mentioned share price is the target and analysis is completely based on our expertise. We do not recommend any of you to purchase any shares and we are not manipulating or handling any of the share price. The above-mentioned share price targets are only for educational and research purposes.