CG Power Shares Rise on New Facility

  Published 7 months ago

Shares of CG Power rose 3% after its subsidiary launched India’s first full-service semiconductor facility.

  • CG Semi’s Sanand facility will manage chip assembly, packaging, and testing, with commercial production starting in 2026.
  • Over 4.5 million shares traded, 1.6 times the 30-day average, showing strong market interest.
  • CGPO rated “hold” by 10 analysts; median price target stands at 767 rupees, down 6% YTD.

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