News for CG Power and Industrial Solutions Limited (CGPOWER.NS)

The changes will take effect on March 28, with portfolio adjustments expected before the market closes on March 27.

NSE announced changes in Nifty indices constituents effective March 28, impacting various companies and stock prices.

India's benchmark equity market index NSE Nifty has new inclusions, as Jio Financial Services Ltd. and Zomato Ltd. have been added to it, news agency Bloomberg reported. Bharat Petroleum Corp. and Britannia Industries have been excluded from the index.

CG Power shares dropped 12% amid high trading volumes, reaching Rs 522, driven by profit booking and sectoral weakness. Despite an 18.55% gain over the past year, the stock is down 25.77% YTD. Technical indicators show the stock is below key moving averages and has an RSI of 33, signaling potential oversold conditions.

In its 2024 year-end review MeitY has highlighted key initiatives and policies like National AI portal, semiconductor manufacturing etc.

CG Power's subsidiary, G.G. Tronics, secures a ₹500-600 crore order for KAVACH railway safety equipment from Indian Railways.

Multibagger stock: The power sector stock climbed 3% to Rs 755.15 against the previous clsoe of Rs 734.70. Market cap of the firm rose to Rs 1.14 lakh crore.

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Renesas Announces Additional Key Leadership Changes

Oct 21, 2024 / 10:30AM GMTOperator Ladies and gentlemen, good day, and welcome to the CG Power and Industrial Solutions Limited Q2 FY25 Earnings Conference Call

The multibagger stock rose 6% to Rs 761.95 on Monday against the previous close of Rs 718.80 on BSE. Market cap of the firm climbed to Rs 1.16 lakh crore.

“High power transformers are crucial for the efficient transmission and distribution of electrical power, playing a vital role in maintaining voltage...

May 06, 2024 / 10:30AM GMTOperator Ladies and gentlemen, good day, and welcome to Q4 FY24 earnings conference call of CG Power and Industrial Solutions Limited

Sensex, Nifty snapped a 3-day winning run on Wednesday, dragged by HDFC Bank and consumer stocks. Seven of the 13 major sectors declined. Tata Motors, Coal India and Tata Motors were among most active stocks in volume terms. Nifty formed a high wave type candle on the daily chart.

Nifty settled at 22,218, while the Sensex ended 0.45% higher at 73,104 on Tuesday. Nifty is approaching the hurdle zone around 22,300 after two days of rebound. MACD showed bullish trade on the counters of Honeywell Automation, HG Infra Engineering, BEML, and Symphony.

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The brokerage remains positive on companies in the power segment that have a presence across the transmission space as

Benchmark Sensex jumped 539 points while Nifty closed above 22,000 level on Thursday following buying in metal, power and energy shares and a rally in global markets after the US Fed projected three rate cuts this year.

Nifty on Wednesday ended 22 points lower to form a Doji candle on the daily charts, which indicates chances of a minor pullback rally. Minor degree positive chart patterns like higher tops and bottoms have been negated recently as per the daily chart.