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Murugappa Group stock, after 2,700% surge in five years, has more upside ahead: Morgan Stanley

September 1, 2025 • By CNBC TV18 • Jharkhand • Source: https://cnbctv18.com/market/cg...

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Morgan Stanley expects CG Power's earnings to grow at a Compounded Annual Growth Rate (CAGR) of 30% over financial year 2025-2028, supported by capacity addition across business segments, and increased ordering by the railways.

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Key exposure to the manufacturing sector through its motors division, where it has a dominant market franchise and strong capacity-led growth in power systems across various segments.

Increasing its product portfolio in younger businesses like railwa... [2036 chars]

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CNBC TV18

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