Synopsis:
CG DE SUB, LLC (CG USA), a subsidiary of CG Power, has partnered with Flanders Electric to strengthen its presence in the U.S. railway sector.
The shares of the Large-cap company, which specializes in electrical engineering, particularly in the design, manufacturing, and maintenance of a wide range of electrical equipment and systems, have been in focus following the strategic partnership with Flanders Electric Motors Service, LLC.
With a market capitalization of Rs. 1,04,046.36 crores on Tuesday, the shares of CG Power and Industrial Solutions Ltd rose by upto 0.19 percent, making a high of Rs. 667.00 per share compared to its previous close price of Rs. 665.70 per share.
CG Power and Industrial Solutions Ltd’s step-down subsidiary, CG DE SUB, LLC (CG USA), has partnered with Flanders Electric Motors Service, LLC, to expand its presence in the U.S. railway sector.
This collaboration aims to offer high-quality traction motor solutions with faster delivery and competitive pricing by leveraging Flanders’ local infrastructure. The partnership targets the large and growing U.S. rail market, and both companies plan to scale operations, driven by a shared focus on reliability, innovation, and service excellence.
Mr. Amar Kaul, Global CEO and Managing Director of CG, said: “We are excited to strengthen our presence in the USA market and serve our customers with unmatched quality and speed.”
Kim Weninger, CEO of FLANDERS, said: “We are proud to join forces with CG to bring our motor expertise into the rail sector, one of the most critical components of the U.S. economy.”
Financials & Others
The company’s revenue rose by 28.56 percent from Rs. 2,260.67 crore to Rs. 2,906.3 crore in Q1FY25-26. Meanwhile, the Net profit rose from Rs. 241.14 crore to Rs. 269.23 crore during the same period.
The company has a very low debt-to-equity ratio of 0.01, indicating minimal debt. Its current assets exceed current liabilities, showing strong liquidity. Additionally, it has delivered a solid average ROE of 27.56% and ROCE of 25.28% over the past three years, reflecting strong financial performance and efficient capital use.
CG Power and Industrial Solutions Limited is a leading Indian engineering company that operates primarily in the power and industrial equipment sectors. It was originally part of Crompton Greaves but was rebranded after a corporate restructuring.
The company manufactures and supplies a wide range of products such as transformers, motors, switchgear, and railway traction systems, catering to both domestic and international markets. CG offers Power Transformers in the range of 25 kVA to 1500 MVA, and 11kV to 765kV class, and Reactors in the range of 10 MVAr to 125 MVAr, and 33kV to 765kV cl.
Written By Sridhar J
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
The post Power stock jumps after partnering with Flanders to expand its business in U.S. railway sector appeared first on Trade Brains.