CG Power is increasing its switchgear production capacity, signaling robust demand within the power equipment industry. Market analyst Sandip Sabharwal has pointed out that while growth momentum remains strong, valuations for companies such as CG Power, Hitachi Energy, and GE Vernova have surged significantly. Sabharwal advises existing investors to maintain their holdings but suggests that new investors consider waiting for potential market corrections before entering. Additionally, Wockhardt's recent approval for its Zaynich product has sparked market enthusiasm, though near-term gains from this development may be limited. These insights provide a balanced view of growth prospects and valuation risks in the sector.
CG Power shows strong growth but faces valuation concerns, says expert
by Riddra Markets Desk · 5 June 2026
Updated 6 Jun 2026, 1:37 am
Highlights growth potential amid valuation risks in India's power equipment sector.