Two senior managers designated as Q2 profit rises and expansion plans approved

Management Changes View source PDF Explain this filing

CGPOWER · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.5%Reaction day

₹817.10

prior close

₹807.70

announcement price

In-mkt

timing

Nifty 100market-0.7%+0.3% vs market

Heavy Electrical Equipment peers, median of 34sector-3.0%+2.6% vs sector

On the reaction day the stock moved 0.3 pts more than Nifty 100 and 2.6 pts more than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.9

10m

-1.4

15m

-1.9

30m

+0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.5-0.7+0.3-3.0+2.6

Next day

+1.8-0.0+1.8-1.1+2.9

+2.2+0.2+2.0+0.7+1.6

+1.9+0.0+1.8+0.6+1.3

+1.7+1.1+0.5+0.8+0.8

-1.6pendingpending-1.8+0.2

—————

15d

—————

UpDownMarket · Nifty 100Sector · Heavy Electrical Equipment peers, median of 34Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The board designated Rajat Shah and Rushikesh Kulkarni as senior management personnel. Consolidated Q2 revenue rose 30 percent year on year to Rs 3,801.54 crore and profit after tax rose 44 percent to Rs 409.09 crore. It also approved transformer and switchgear expansion projects with disclosed investments totaling about Rs 528 crore.

Likely market impact

Strong profit growth and added capacity may support the stock, but planned spending could increase near-term cash outflow.