FinanceMoneycontrol
CG Power order inflows top estimates; Nomura retains 'Buy' with Rs 1,100 target

in5points
CG Power order inflows exceeded estimates.
Nomura retains 'Buy' rating on CG Power with a target price of Rs 1,100.
Nomura expects an EPS CAGR of 33% for CG Power over FY26-29F.
The brokerage remains positive on the stock, backed by strong growth outlook.