India's CG Power hits record high on Q4 revenue rise

India's CG Power hits record high on Q4 revenue rise

India's CG Power hits record high on Q4 revenue rise ** Shares of CG Power and Industrial Solutions CGPO.NS up 4.6% to a record high of 571.6 rupees ** The heavy electrical equipment maker said its Q4 revenue from ops grew 15%, while pre-tax profit rose ~7% ** Brokerage Nuvama ups PT on stock to 640 rupees from 520 rupees earlier, current PT at 17% premium on last close; retains "Buy" rating ** Adds demand in power and railways segment …