CG Power shares were in demand today as the transformative strategic pivot positions the company at the forefront of India's semiconductor ambitions. CG Power shares gained 4.52 percent and the stock managed to touch intraday high at Rs 699.75 before closing at Rs 694. Among other gainers were United Spirts, Britannia Industries, Dabur, GAIL and DMART. Indian markets were trading positive in today's session but selling during closing session led to 74 point decline for NSE Nifty. TopNews Team has reviewed technical levels and news for buzzing stocks. Traders should keep strict Stop Loss for every trade.

CG Power Emerges as India's Semiconductor Pioneer

The industrial conglomerate has captured market attention with a transformative strategic pivot that positions it at the forefront of India's semiconductor ambitions. Trading at ₹664 as of August 28, 2025, with Friday's session pushing the stock to an intraday peak of ₹699.75, CG Power represents a ₹1,01,526 crore market capitalization betting on indigenous chip manufacturing capabilities. The stock closed the session at Rs 694, marking 4.52 percent gains.

The catalyst driving this momentum stems from CM Semis, the company's semiconductor arm, launching India's inaugural Outsourced Semiconductor Assembly and Test facility in Sanand, Gujarat. This isn't merely another industrial project—it's a strategic positioning move that establishes CG Semi among India's first comprehensive OSAT providers, spanning traditional and advanced packaging technologies.

The financial commitment underlying this venture reflects serious long-term conviction. The company has allocated ₹7,600 crore ($870 million) over five years to develop dual facilities designated G1 and G2. The operational G1 facility currently processes approximately 0.5 million units daily, while the forthcoming G2 installation, scheduled for completion by calendar year 2026, will dramatically scale capacity to 14.5 million units per day. Combined, these operations are projected to generate over 5,000 direct and indirect employment opportunities.

From a valuation perspective, global brokerage Nomura Securities maintains conviction with a 'Buy' rating and ₹840 target price, implying 26.5% upside potential from the August 28 close of ₹663.65. Nomura's methodology involves assigning 60x Mar'27F earnings multiples to the Industrial Systems and Power Systems divisions, aligning with historical trading patterns since the Murugappa Group acquisition.

The semiconductor division commands particular attention in Nomura's analysis, with analysts assigning ₹80 per share valuation based on discounted cash flow modeling. Crucially, meaningful revenue contribution from OSAT operations won't materialize until FY28F, with negligible impact expected in FY27F given G2's construction timeline. This creates potential upside scenarios should commissioning accelerate or production ramp-up exceed expectations.

Current valuation metrics reflect premium positioning, with the stock trading at 27.6 times book value and a P/E ratio of 116.49. The annual performance shows a 5% decline, marginally underperforming the Sensex's 2.5% drop, with the stock oscillating between a 52-week range of ₹518.35 to ₹874.5.

Britannia Industries: Defensive Excellence in Volatile Markets

The FMCG stalwart continues demonstrating why institutional investors gravitate toward defensive consumption plays during uncertain market conditions. Britannia closed at ₹5,824 on August 28, 2025, representing a 1.81% daily gain from the previous ₹5,721 close, with momentum indicators suggesting sustained positive trajectory.

Recent performance metrics underscore the stock's resilience against broader market volatility. Monthly gains of 3.52% and quarterly appreciation of 5.98% contrast sharply with the banking sector weakness that pressured the Nifty below 24,800. This defensive characteristic becomes particularly valuable when growth sectors face headwinds.

Technical analysis reveals encouraging patterns following October 2024 correction phases. The stock discovered robust support around its 100-day moving average, subsequently establishing an upward-sloping channel formation. Technical specialists project potential advancement toward ₹5,950-6,255, recommending accumulation strategies with ₹5,520 stop-loss parameters.

The company maintains active institutional engagement, with a scheduled virtual investor meeting on September 1, 2025, at 11:00 AM IST, signaling continued institutional interest and transparent investor relations practices.

Long-term performance metrics justify premium valuations, with 57.08% three-year returns demonstrating consistent value creation capabilities. The current ₹1.139 trillion market capitalization trades at a P/E ratio of 52.76, with the stock navigating a 52-week range between ₹4,506 and ₹6,469.90.

Analyst sentiment remains constructive across the investment community. Among 34 covering analysts, the consensus tilts decisively bullish with 14 Buy recommendations and 5 Strong Buy ratings, while 11 analysts maintain Hold positions. This distribution reflects confidence in the company's defensive positioning and consistent execution capabilities.

United Spirits Navigates Industry Transformation

The alcoholic beverages leader faces near-term headwinds while positioning for longer-term demographic and consumption trends reshaping India's lifestyle landscape. Trading at ₹1,307.5 as of August 29, 2025, the stock reflects recent volatility with 1.64% daily decline and 4.15% weekly weakness. More concerning for momentum investors, the stock has retreated 15.84% over three months.

However, this near-term pressure contrasts with impressive longer-duration performance. The company has delivered 58.08% three-year returns and remarkable 119% five-year appreciation, demonstrating underlying business resilience despite cyclical challenges. The annual performance shows 11.52% decline, reflecting sector-specific pressures affecting alcoholic beverages companies.

Valuation metrics suggest premium positioning within industry peers. The company commands a P/E ratio of 59.35 with a P/B ratio of 0.09, supported by a ₹95,101.14 crore market capitalization. The stock currently trades near the lower end of its ₹1,270.5 to ₹1,700 52-week range, potentially creating value opportunities for patient investors.

Analyst coverage remains substantial with 22 professionals tracking the company across major brokerages. The recommendation distribution shows 6 Strong Buy, 9 Buy, 4 Hold, and 3 Sell ratings, reflecting mixed near-term sentiment balanced against longer-term optimism.

ICICI Securities has issued dual perspectives, maintaining both a 'Buy' rating with ₹1,580 target price and an 'ADD' recommendation targeting ₹1,200. This range reflects differing assumptions about recovery timelines and market conditions affecting the alcoholic beverages sector.

Industry dynamics present interesting structural shifts that could benefit United Spirits over time. Women's participation in the alcohol and tobacco sector continues expanding, narrowing the gap with traditional FMCG demographics and potentially enlarging addressable market opportunities for established players.