CG (Crompton Greaves) Power And Industrial Solutions is an Indian multinational company engaged in design, manufacturing, and marketing of products related to power generation, transmission, and distribution. This company mainly based in Mumbai. CG Power And Industrial Solutions is part of Avantha Group. The article contains CG Power And Industrial Solutions Share Price Graph And News.
About the company –
CG Power And Industrial Solutions have embarked upon an ambitious globalization strategy, growing both organically and inorganically, drawing into its fold leading international companies such as Pauwels, Ganz, Microsol, Sonomatra, MSE, and PTS. Consequent to this globalization, this company manufacturing bases in Belgium, Hungary, Indonesia, Ireland, France, UK, and the US, in addition to more than twenty manufacturing locations in India. CG Power And Industrial Solutions employing more than 8000 employees worldwide with diverse nationalities and cultures. A worldwide marketing network of this company which is more than 150 representatives spans the globe. This company offering the entire range of CG’s products, solutions, and services. CG Power And Industrial Solutions have been aggressively investing in Ru0026amp;D, product certifications, product quality, productivity enhancement, and operational excellence. This company’s Global Ru0026amp;D center, which is located in India. CG Power And Industrial Solutions has been recognized for its innovation and received the prestigious “National Award for the Best Ru0026amp;D Efforts” for its outstanding achievements in the Electrical Engineering Sector in 2008. This company’s Ru0026amp;D strategy aligns with CG Power And Industrial Solutions Global Vision and focuses on creating platform technologies, shrinking product development cycle time and enhancing CG’s Intellectual Property capital.
CG Power And Industrial Solutions Share Price Graph
Company summary –
CG Power And Industrial Solutions were incorporated on 28th April 1937 as a private limited company under the name, The Crompton Parkinson (Works) Limited. The main objects of this company are manufacture, distribution, and sales, installation and servicing of electrical and allied equipment such as industrial motors, fractional horsepower motors, control gear, power and distribution transformers, alternators, switchgear, tap changers, etc. CG Power And Industrial Solutions also undertake the manufacture of railway equipment as well as electronic equipment and microprocessor-based systems in relation to communication, measurement, testing, automation and control, computers. This company also Research and Development and consultancy assignments in the areas of science and technology. CG Power And Industrial Solutions have undertaken the manufacture and marketing of industrial electronics, consumer electronics, household appliances, and railway signaling equipment.
CG Power And Industrial Solutions established its international manufacturing footprint in the year 2005 by the acquisition of Belgium based Pauwels Group. The additional manufacturing facilities of this company for Power and Distribution transformers in Belgium, Ireland, the USA, and Indonesia. CG Power And Industrial Solutions increase its global market reach and enhance the product portfolio. The business domains of the new companies of this company that joined the CG family. CG Power And Industrial Solutions have charted the way for CG becoming a “full solutions provider” which has carved out for CG a position as a serious international player and a recognized transnational corporation.
Registered Address –
6th Floor, C G House,
Dr. Annie Besant Road, Mumbai,
Tel : 022-24237777 022-24237764
Group: Avantha Group.
Datamatics Business Solutions Ltd.
CG Power And Industrial Solutions Share Price
Company financials :
CG Power and Industrial Solutions Limited key Products or Revenue Segments include Electric Motors which contributed Rs.1752.49 Crore to Sales Value which is 36.80 % of Total Sales. Transformers and Reactors of this company which contributed Rs.1715.92 Crore to Sales Value which is 36.03 % of Total Sales. Switchgear Control Panels of CG Power And Industrial Solutions which contributed Rs.908.11 Crore to Sales Value which is 19.07 % of Total Sales. Traction Machines of this company which contributed Rs.178.13 Crore to Sales Value 3.74 % of Total Sales. CG Power And Industrial Solutions Others which contributed Rs.143.38 Crore to Sales Value 3.01 % of Total Sales. Electrical Steel Stamping And Laminates of this company which contributed Rs.50.74 Crore to Sales Value 1.06 % of Total Sales. Electric Fans and Motors of CG Power And Industrial Solutions which contributed Rs.12.66 Crore to Sales Value (0.26 % of Total Sales)for the year ending 31st March 2017.
For the quarter ended 30th September 2018, CG Power And Industrial Solutions has reported a Consolidated sales of Rs.1650.01 Crore, up 10.73 % from last quarter Sales of Rs.1490.14 Crore and also up 5.93 % from last year same quarter Sales of Rs.1557.61 Crore. This Company has reported a net profit after tax of Rs.-25.37 Crore in the latest quarter.
The Board of Directors of the company :
- Gautam Thapar is the Chairman of this company.
- Madhav Acharya is the Non-Executive Director of the company.
- Bhuthalingam Hariharan is a Non-Executive Director of this company.
- Ramni Nirula is an Additional Director of this company.
- Ashish Guha is the Additional Non-Executive Independent Director of the company.
- K N Neelkant is the Managing Director and CEO of this company.
- Omkar Goswami is a Non-Executive Director of the company.
- Valentin Von Massow is one of the Non-Executive Director of this company.
- Jitender Balakrishnan is the Independent Non-Executive Director of the company.
- Sudhir Mathur is the Independent Non-Executive Director of this company.
News of the company :
In the dated 18th January 2019, Benchmark NSE Nifty50 index was down 37.35 points at Rs.10,867.85 while the BSE Sensex was down 124.21 points at 36,249.87. The Su0026amp;P BSE Power index was trading 0.10 percent up at 1966.07 and Benchmark NSE Nifty50 index was down 3.90 points at Rs.10,886.40 while the BSE Sensex was 5.96 points down at Rs.36,315.33 in 17th January 2019. In the dated 16th January 2019, the Su0026amp;P BSE Power index was trading 0.63 percent up at Rs.1972.39. Among the 50 stocks in the Nifty index, 38 were trading in the green, while 12 were in the red in 15th January 2019. In the dated 14th January 2019, Su0026amp;P BSE Power index was trading 1.02 percent down at 1956.23 and Benchmark NSE Nifty50 index was down 62.60 points at Rs.10,732.35 while the BSE Sensex was 182.43 points at Rs.35,827.41.
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