Saturday, June 07, 2025 | 09:45 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

CG Power hits record high; stock surges 10% in two days on heavy volumes

In H1FY23, Ebitda margins improved 200 bps to 14.2% on account of improved sales realisation, favourable product mix, moderation in input costs, procurement efficiencies and better operating leverage.

Markets, bulls, bears, stocks, trading, technicals, market technical, technical analysis
premium

SI Reporter Mumbai
Shares of CG Power and Industrial Solutions hit a record high of Rs 298, gaining 3 per cent on the BSE in Tuesday’s intra-day trade amid heavy volumes in an otherwise weak market. In past two trading days, the stock has rallied 10 per cent.

In comparison, the S&P BSE Sensex was down 0.65 per cent at 60,354 at 10:23 AM. The average trading volumes at the counter jumped 1.4 times with a combined 2.4 million shares changing hands on the NSE and BSE.

CG Power on Monday said that a meeting of the board of directors of