CG Power has rallied 29% in 2026, but analysts are still raising their bets
CG Power is in focus.
· LiveMint Markets
India's push to modernise its power grid, expand transmission networks and ramp up industrial capital expenditure is creating a multi-year growth opportunity for electrical equipment makers, with CG Power well-positioned to capitalise on the trend, according to analysts.
The analysis
CG Power reported movement of 29%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -0.2% on the day at ₹831.35, and has returned -4.0% over three months. It sits 15% below its 52-week high. The capital goods & engineering sector has moved -5.5% over the same period, so CG Power is running 1.5 points ahead of its peers.
For CG Power, the question is how much of this is already reflected in the price and how much re-rates the capital goods & engineering peer set alongside it.
Market context
- In focus: CG Power (CGPOWER), in Capital Goods & Engineering.
- On the day, 1 of 2 are higher: Power Grid leads at +2.2% and CG Power trails at -0.2%.
- Over three months: CG Power -4.0% against Capital Goods & Engineering -5.5% (1.5 points ahead); Power Grid -14.3% against Power -17.7% (3.4 points ahead).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| CG PowerCGPOWER · Capital Goods & Engineering | ₹831.35 | -0.2% | -6.0% | -4.0% | -14.9% | 0.6× | — |
| Power GridPOWERGRID · Power | ₹252.35 | +2.2% | -8.3% | -14.3% | -21.4% | 0.7× | — |
Capital Goods & Engineering
1M -12.1% · 3M -5.5%
CG Power
Power
1M -11.6% · 3M -17.7%
Power Grid
Capital Markets
1M -6.5% · 3M -6.9%
Prices as of 27 Oct 2026, 13:48 IST. Sector moves are the average of the stocks we track in each sector.
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