New Delhi, March 13 -- CG Power is riding India's infrastructure boom. The engineering giant just secured a Rs.450 crore contract to supply key components for the Vande Bharat trainsets-pushing its stock higher and solidifying its growing dominance in the railway sector.

The 11 March announcement pushed shares up 2.7%, even as the stock remains down 17.11% over six months. Yet, its long-term trajectory remains strong, having surged 32.65% over the past year on the back of strategic expansions.

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CG Power's big bet on railway modernization and India's semiconductor ambitions cements its role as a key player in the country's industrial evolution. With a swelling order book,...