This stock has given close to 1100% returns in the last 5 years.
CG Power & industrial solutions is a stock that gets 32% of their sales from the power sector, 18% from railways and remaining 50% from motors.
Recently the Indian govt has selected this company to set-up a semiconductor plant in Gujarat with an investment of Rs.7,600 crore.
Positives and negatives of this company
Positive first
Company’s profits and sales have gone up by 40% and 15% respectively.
2 – It’s a debt free company with strong balance sheet.
Negatives
Currently very high PE and PB ratio
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This is not a stock recommendation, its just for information purposes.