{"id":328397,"date":"2026-10-27T13:27:51","date_gmt":"2026-10-27T07:57:51","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=328397"},"modified":"2026-10-27T13:27:51","modified_gmt":"2026-10-27T07:57:51","slug":"cg-power-shares-have-rallied-29-percent-in-2026-but-analysts-are-still-raising-their-bets-q2-profit-order-backlog-valuation-and-levels","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/cg-power-shares-have-rallied-29-percent-in-2026-but-analysts-are-still-raising-their-bets-q2-profit-order-backlog-valuation-and-levels\/","title":{"rendered":"CG Power Shares Have Rallied 29% in 2026, but Analysts Are Still Raising Their Bets: Q2 Profit, Order Backlog, Valuation and Key Levels"},"content":{"rendered":"

CG Power shares traded at Rs 834.40 at 1:15 PM on Tuesday, 27 Oct 2026, up 0.14% from Rs 833.25, which is about 14.9% below the 52-week high of Rs 980.90 and about 58.8% above the 52-week low of Rs 525.50 (my calculation from data provider prices). The headline says the stock has rallied 29% in 2026, and the September-quarter results on 23 Oct showed consolidated order intake of Rs 8,485 crore and an order backlog of Rs 23,646 crore.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

CG Power shares have kept their 2026 gains because Q2 FY27 profit rose about 44% and the order backlog reached Rs 23,646 crore, led by power systems orders that grew 137%. The data provider shows consolidated revenue of Rs 3,883 crore and net profit of Rs 409 crore, while other reports show Rs 3,800 crore and Rs 412 crore, so the sources differ by basis. At 96.19 times earnings against an industry level of 40.02, the stock already prices in strong growth. This is educational and not a recommendation.<\/p>\n<\/p><\/div>\n

CG Power shares are an unusual case, because the daily RSI is only 33.42 even after a strong quarter, which means the price has been falling while the business has been growing. When CG Power shares trade about 15% below their high and analysts still raise estimates, investors ask whether the gap is an opportunity or a warning. This article reads the quarter, the backlog, the analyst views I could verify, the valuation and the technical levels.<\/p>\n

I could not retrieve the names or revised targets of any brokerage that changed its view after the Q2 results, so the analyst section below uses calls from earlier months and says so. The 29% year-to-date gain is taken from the headline, since I did not verify the first trading day price. It is educational and not advice.<\/p>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

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