New Delhi, Sept. 12 -- CG Power has been making headlines lately. First, its move into semiconductors drew attention. Then, Morgan Stanley initiated coverage on the stock earlier this month with an 'overweight' rating. JP Morgan followed suit this week.

To be sure, the stock has been a favourite among investors since its acquisition by Tube Investments of India (TII) in 2020. Under the Murugappa group, which also owns Cholamandalam Investment and Finance, CG Power has transformed its business. And quite effectively too!







Its stock has appreciated at a massive 100% CAGR over the last five years. Is it too late to join the party?

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