CG Power and Industrial Solutions shares closed 4.73% higher at ₹750 on the National Stock Exchange (NSE) on Wednesday, April 15. According to reports from Upstox, the stock's market capitalisation stood at ₹118,119.09 crore. The scrip has demonstrated strong momentum with a 3.26% surge in the past week and 5.65% gain in a month. Year-to-date performance shows an impressive 17.57% advance. The stock has traded in a 52-week range between ₹525.50 (January 27, 2026) and ₹797.55 (September 17, 2025).
The stock price increase follows a significant strategic development where Axiro Semiconductor, a wholly owned unit of CG Power, along with Japan-based venture capital fund MPower Partners, announced an investment in Japanese fabless semiconductor company EdgeCortix. As reported by Upstox, the exchange filing did not disclose the investment amount. The fresh capital will support EdgeCortix in developing and commercialising next-generation platforms for generative and agentic AI, including its upcoming SAKURA-X chiplet-based platform.
According to Axiro Semiconductor CEO Naveen Yanduru, the investment aligns with the company's approach to strengthening presence in telecom and wireless infrastructure while expanding into emerging application areas globally. The investment brings unique strategic value through Axiro's expertise in advanced wireless systems and strong presence across India's industrial ecosystem, opening new pathways for collaboration and market expansion. MPower Partners' deep network in Japan and global investment perspective support continued growth in power-efficient, sustainable AI innovation.
Mumbai-based CG Power and Industrial Solutions operates as a leader in the Electrical Engineering Industry with two business lines—Industrial Systems and Power Systems. As reported by Upstox, the company is headquartered in Kanagawa, Japan, with operations in India and the US. EdgeCortix develops silicon and software platforms for real-time edge inference, specialising in energy-efficient artificial intelligence processing.
