CG Power & Solutions shares down 12%, continues to decline for fifth session straight; What’s behind the plunge?
2 months ago

CG Power & Solutions shares down 12%, continues to decline for fifth session straight; What’s behind the plunge?

Live Mint  

CG Power & Solutions share price continued the downward trend for fifth session straight, fell over 12 per cent on Tuesday on National Stock Exchange. CG Power shares experienced substantial selling pressure on the NSE, with a total trading volume of 121.75 lakh shares and a traded value of ₹666.34 crore as of 12:30 PM today. However, year-to-date, the stock has dropped by 25.77 per cent, showing a 24.91 per cent decline over the last six months and a 22.75 per cent decrease over the past three months. The company's net profit declined by 8.8 per cent compared to the same quarter last year, reaching ₹221 crore, while its Earnings Before Interest, Tax, Depreciation, and Amortisation decreased by 4.6 per cent year-on-year to ₹294.7 crore for the September quarter.

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History of this topic

CG Power sets board meeting date on March 18 to consider first interim dividend in FY25; details here
2 weeks, 3 days ago

CG Power sets board meeting date on March 18 to consider first interim dividend in FY25; details here

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CG Power announced during market hours on Tuesday, March 11, that its board of directors will meet next week to consider an interim dividend for the financial year 2024-25. "We wish to inform you that a meeting of the board of directors of the company is scheduled to be held on Tuesday, 18 March 2025, to consider the declaration of …

Stocks to buy or sell: Osho Krishan of Angel One suggests buying CG Power, JSW Energy today
Trending News
3 weeks, 1 day ago

Stocks to buy or sell: Osho Krishan of Angel One suggests buying CG Power, JSW Energy today

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Stock Market today: The main domestic indices, Nifty 50 and Sensex, started on a positive note on Thursday, supported by the energy and financial sectors and following gains from other Asian markets, after US President Donald Trumpgranted a temporary delay on tariffs for automobile imports from Mexico and Canada. Nifty 50 Outlook by Osho Krishan, Sr. Analyst, Technical & Derivatives, …

Ongc Share Price Today on 29-11-2024: Ongc share price are up by 0.83%, Nifty up by 0.86%
3 months, 4 weeks ago

Ongc Share Price Today on 29-11-2024: Ongc share price are up by 0.83%, Nifty up by 0.86%

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Ongc Share Price Today on 29-11-2024: At 29 Nov 11:20 today, Ongc shares are trading at price ₹254.2, 0.83% up from the previous closing price. On the technical front, the stock is trading above the 5,10 days SMA & lower than the 20,50,100,300 day SMA. The stock will have support at 5,10 days SMA & face resistance at 20,50,100,300 days …

Bharat Heavy Electricals Share Price Today on 29-11-2024: Bharat Heavy Electricals share price are down by -0.81%, Nifty up by 0.83%
3 months, 4 weeks ago

Bharat Heavy Electricals Share Price Today on 29-11-2024: Bharat Heavy Electricals share price are down by -0.81%, Nifty up by 0.83%

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Bharat Heavy Electricals Share Price Today on 29-11-2024: At 29 Nov 11:13 today, Bharat Heavy Electricals shares are trading at price ₹250.3, -0.81% down from the previous closing price. On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face …

Power Grid Share Price Today on 29-11-2024: Power Grid share price are down by -0.96%, Nifty up by 0.78%
3 months, 4 weeks ago

Power Grid Share Price Today on 29-11-2024: Power Grid share price are down by -0.96%, Nifty up by 0.78%

Live Mint  

Power Grid Share Price Today on 29-11-2024: At 29 Nov 11:11 today, Power Grid shares are trading at price ₹330.5, -0.96% down from the previous closing price. On the technical front, the stock is trading above the 10,20,50,300 days SMA & lower than the 5,100 day SMA. The stock will have support at 10,20,50,300 days SMA & face resistance at …

Ongc Share Price Today on 28-11-2024: Ongc share price are down by -0.35%, Nifty down by -0.73%
4 months ago

Ongc Share Price Today on 28-11-2024: Ongc share price are down by -0.35%, Nifty down by -0.73%

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Ongc Share Price Today on 28-11-2024: At 28 Nov 11:26 today, Ongc shares are trading at price ₹253.6, -0.35% down from the previous closing price. On the technical front, the stock is trading above the 5,10 days SMA & lower than the 20,50,100,300 day SMA. The stock will have support at 5,10 days SMA & face resistance at 20,50,100,300 days …

Bharat Electronics Share Price Today on 28-11-2024: Bharat Electronics share price are down by -0.29%, Nifty down by -0.78%
4 months ago

Bharat Electronics Share Price Today on 28-11-2024: Bharat Electronics share price are down by -0.29%, Nifty down by -0.78%

Live Mint  

Bharat Electronics Share Price Today on 28-11-2024: At 28 Nov 11:11 today, Bharat Electronics shares are trading at price ₹306.35, -0.29% down from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Power Grid Share Price Today on 28-11-2024: Power Grid share price are down by -0.9%, Nifty down by -0.67%
4 months ago

Power Grid Share Price Today on 28-11-2024: Power Grid share price are down by -0.9%, Nifty down by -0.67%

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Power Grid Share Price Today on 28-11-2024: At 28 Nov 11:02 today, Power Grid shares are trading at price ₹335.95, -0.9% down from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Bharat Heavy Electricals Share Price Today on 27-11-2024: Bharat Heavy Electricals share price are up by 0.94%, Nifty down by -0.07%
4 months ago

Bharat Heavy Electricals Share Price Today on 27-11-2024: Bharat Heavy Electricals share price are up by 0.94%, Nifty down by -0.07%

Live Mint  

Bharat Heavy Electricals Share Price Today on 27-11-2024: At 27 Nov 11:04 today, Bharat Heavy Electricals shares are trading at price ₹246.25, 0.94% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face …

Tata Power Share Price Today on 26-11-2024: Tata Power share price are down by -0.68%, Nifty down by -0.04%
Top News
4 months ago

Tata Power Share Price Today on 26-11-2024: Tata Power share price are down by -0.68%, Nifty down by -0.04%

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Tata Power Share Price Today on 26-11-2024: At 26 Nov 11:29 today, Tata Power shares are trading at price ₹409.7, -0.68% down from the previous closing price. The stock will have support at 5 days SMA & face resistance at 10,20,50,100,300 days SMA The SMA values for the stock are given below : Days Simple Moving Average 5 407.90 10 …

Power Grid Share Price Today on 26-11-2024: Power Grid share price are down by -0.6%, Nifty up by 0.02%
4 months ago

Power Grid Share Price Today on 26-11-2024: Power Grid share price are down by -0.6%, Nifty up by 0.02%

Live Mint  

Power Grid Share Price Today on 26-11-2024: At 26 Nov 11:18 today, Power Grid shares are trading at price ₹340.8, -0.6% down from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Ongc Share Price Today on 26-11-2024: Ongc share price are down by -1.05%, Nifty down by -0.08%
Trending News
4 months ago

Ongc Share Price Today on 26-11-2024: Ongc share price are down by -1.05%, Nifty down by -0.08%

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Ongc Share Price Today on 26-11-2024: At 26 Nov 11:06 today, Ongc shares are trading at price ₹255.25, -1.05% down from the previous closing price. On the technical front, the stock is trading above the 5,10 days SMA & lower than the 20,50,100,300 day SMA. The stock will have support at 5,10 days SMA & face resistance at 20,50,100,300 days …

Ongc Share Price Today on 25-11-2024: Ongc share price are up by 5.79%, Nifty up by 1.81%
4 months ago

Ongc Share Price Today on 25-11-2024: Ongc share price are up by 5.79%, Nifty up by 1.81%

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Ongc Share Price Today on 25-11-2024: At 25 Nov 11:26 today, Ongc shares are trading at price ₹259.65, 5.79% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face resistance at 50,100,300 days …

Power Grid Share Price Today on 25-11-2024: Power Grid share price are up by 0.59%, Nifty up by 1.82%
4 months ago

Power Grid Share Price Today on 25-11-2024: Power Grid share price are up by 0.59%, Nifty up by 1.82%

Live Mint  

Power Grid Share Price Today on 25-11-2024: At 25 Nov 11:26 today, Power Grid shares are trading at price ₹339, 0.59% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Bharat Heavy Electricals Share Price Today on 25-11-2024: Bharat Heavy Electricals share price are up by 4.22%, Nifty up by 1.71%
4 months ago

Bharat Heavy Electricals Share Price Today on 25-11-2024: Bharat Heavy Electricals share price are up by 4.22%, Nifty up by 1.71%

Live Mint  

Bharat Heavy Electricals Share Price Today on 25-11-2024: At 25 Nov 11:15 today, Bharat Heavy Electricals shares are trading at price ₹244.3, 4.22% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face …

Bharat Electronics Share Price Today on 25-11-2024: Bharat Electronics share price are up by 6.09%, Nifty up by 1.71%
Top News
4 months ago

Bharat Electronics Share Price Today on 25-11-2024: Bharat Electronics share price are up by 6.09%, Nifty up by 1.71%

Live Mint  

Bharat Electronics Share Price Today on 25-11-2024: At 25 Nov 11:06 today, Bharat Electronics shares are trading at price ₹297.9, 6.09% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Bharat Heavy Electricals Share Price Today on 22-11-2024: Bharat Heavy Electricals share price are up by 2.83%, Nifty up by 1.3%
4 months ago

Bharat Heavy Electricals Share Price Today on 22-11-2024: Bharat Heavy Electricals share price are up by 2.83%, Nifty up by 1.3%

Live Mint  

Bharat Heavy Electricals Share Price Today on 22-11-2024: At 22 Nov 12:49 today, Bharat Heavy Electricals shares are trading at price ₹234.4, 2.83% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face …

Ongc Share Price Today on 22-11-2024: Ongc share price are up by 1.2%, Nifty up by 1.04%
4 months ago

Ongc Share Price Today on 22-11-2024: Ongc share price are up by 1.2%, Nifty up by 1.04%

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Ongc Share Price Today on 22-11-2024: At 22 Nov 12:10 today, Ongc shares are trading at price ₹245.1, 1.2% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Bharat Heavy Electricals Share Price Today on 22-11-2024: Bharat Heavy Electricals share price are up by 2.63%, Nifty up by 0.94%
4 months ago

Bharat Heavy Electricals Share Price Today on 22-11-2024: Bharat Heavy Electricals share price are up by 2.63%, Nifty up by 0.94%

Live Mint  

Bharat Heavy Electricals Share Price Today on 22-11-2024: At 22 Nov 12:06 today, Bharat Heavy Electricals shares are trading at price ₹233.95, 2.63% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face …

Bharat Electronics Share Price Today on 22-11-2024: Bharat Electronics share price are up by 1.31%, Nifty up by 0.91%
4 months ago

Bharat Electronics Share Price Today on 22-11-2024: Bharat Electronics share price are up by 1.31%, Nifty up by 0.91%

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Bharat Electronics Share Price Today on 22-11-2024: At 22 Nov 12:04 today, Bharat Electronics shares are trading at price ₹279.1, 1.31% up from the previous closing price. On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at …

Ongc Share Price Today on 13-11-2024: Ongc share price are down by -1.41%, Nifty down by -1.36%
4 months, 2 weeks ago

Ongc Share Price Today on 13-11-2024: Ongc share price are down by -1.41%, Nifty down by -1.36%

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Ongc Share Price Today on 13-11-2024: At 13 Nov 16:00 today, Ongc shares are trading at price ₹252.6, -1.41% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Bharat Electronics Share Price Today on 13-11-2024: Bharat Electronics share price are down by -3.03%, Nifty down by -1.36%
4 months, 2 weeks ago

Bharat Electronics Share Price Today on 13-11-2024: Bharat Electronics share price are down by -3.03%, Nifty down by -1.36%

Live Mint  

Bharat Electronics Share Price Today on 13-11-2024: At 13 Nov 16:00 today, Bharat Electronics shares are trading at price ₹281.45, -3.03% down from the previous closing price. On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at …

Power Grid Share Price Today on 13-11-2024: Power Grid share price are down by -1.18%, Nifty down by -1.36%
4 months, 2 weeks ago

Power Grid Share Price Today on 13-11-2024: Power Grid share price are down by -1.18%, Nifty down by -1.36%

Live Mint  

Power Grid Share Price Today on 13-11-2024: At 13 Nov 16:01 today, Power Grid shares are trading at price ₹318.7, -1.18% down from the previous closing price. On the technical front, the stock is trading above the 5,10,300 days SMA & lower than the 20,50,100 day SMA. The stock will have support at 5,10,300 days SMA & face resistance at …

Ongc Share Price Today on 12-11-2024: Ongc share price are down by -0.27%, Nifty down by -1.07%
Trending News
4 months, 2 weeks ago

Ongc Share Price Today on 12-11-2024: Ongc share price are down by -0.27%, Nifty down by -1.07%

Live Mint  

Ongc Share Price Today on 12-11-2024: At 12 Nov 16:00 today, Ongc shares are trading at price ₹256.2, -0.27% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Power Grid Share Price Today on 12-11-2024: Power Grid share price are down by -2.2%, Nifty down by -1.07%
4 months, 2 weeks ago

Power Grid Share Price Today on 12-11-2024: Power Grid share price are down by -2.2%, Nifty down by -1.07%

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Power Grid Share Price Today on 12-11-2024: At 12 Nov 16:00 today, Power Grid shares are trading at price ₹322.5, -2.2% down from the previous closing price. On the technical front, the stock is trading above the 5,10,20,300 days SMA & lower than the 50,100 day SMA. The stock will have support at 5,10,20,300 days SMA & face resistance at …

Tata Power Share Price Today on 12-11-2024: Tata Power share price are down by -4%, Nifty down by -1.07%
4 months, 2 weeks ago

Tata Power Share Price Today on 12-11-2024: Tata Power share price are down by -4%, Nifty down by -1.07%

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Tata Power Share Price Today on 12-11-2024: At 12 Nov 16:00 today, Tata Power shares are trading at price ₹414.25, -4% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Bharat Electronics Share Price Today on 12-11-2024: Bharat Electronics share price are down by -3.14%, Nifty down by -1.07%
4 months, 2 weeks ago

Bharat Electronics Share Price Today on 12-11-2024: Bharat Electronics share price are down by -3.14%, Nifty down by -1.07%

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Bharat Electronics Share Price Today on 12-11-2024: At 12 Nov 16:00 today, Bharat Electronics shares are trading at price ₹290.25, -3.14% down from the previous closing price. The stock will have support at 10,20,50,300 days SMA & face resistance at 5,100 days SMA The SMA values for the stock are given below : Days Simple Moving Average 5 293.97 10 …

Power Grid Share Price Today on 11-11-2024: Power Grid share price are up by 4.22%, Nifty down by -0.03%
4 months, 2 weeks ago

Power Grid Share Price Today on 11-11-2024: Power Grid share price are up by 4.22%, Nifty down by -0.03%

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Power Grid Share Price Today on 11-11-2024: At 11 Nov 16:00 today, Power Grid shares are trading at price ₹329.75, 4.22% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20,300 days SMA & lower than the 50,100 day SMA. The stock will have support at 5,10,20,300 days SMA & face resistance at …

Ongc Share Price Today on 11-11-2024: Ongc share price are down by -2.08%, Nifty down by -0.03%
4 months, 2 weeks ago

Ongc Share Price Today on 11-11-2024: Ongc share price are down by -2.08%, Nifty down by -0.03%

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Ongc Share Price Today on 11-11-2024: At 11 Nov 16:01 today, Ongc shares are trading at price ₹256.9, -2.08% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Ongc Share Price Today on 08-11-2024: Ongc share price are down by -1.09%, Nifty down by -0.21%
4 months, 2 weeks ago

Ongc Share Price Today on 08-11-2024: Ongc share price are down by -1.09%, Nifty down by -0.21%

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Ongc Share Price Today on 08-11-2024: At 08 Nov 16:00 today, Ongc shares are trading at price ₹262.35, -1.09% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Bharat Heavy Electricals Share Price Today on 08-11-2024: Bharat Heavy Electricals share price are down by -2.13%, Nifty down by -0.21%
4 months, 2 weeks ago

Bharat Heavy Electricals Share Price Today on 08-11-2024: Bharat Heavy Electricals share price are down by -2.13%, Nifty down by -0.21%

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Bharat Heavy Electricals Share Price Today on 08-11-2024: At 08 Nov 16:01 today, Bharat Heavy Electricals shares are trading at price ₹239.05, -2.13% down from the previous closing price. On the technical front, the stock is trading above the 5,10 days SMA & lower than the 20,50,100,300 day SMA. The stock will have support at 5,10 days SMA & face …

Ongc Shares Price Today: Up 2.27%, Nifty Down 0.3%
Trending News
4 months, 4 weeks ago

Ongc Shares Price Today: Up 2.27%, Nifty Down 0.3%

Live Mint  

Ongc shares experience mixed performance today, with the stock price trading up by 2.27% on the NSE and down by -0.3% on the BSE. The stock has hit a high of ₹267.95 and a low of ₹261.1 during the day, indicating a trading range of ₹6.8. The technical analysis suggests support at 5 days SMA and resistance at 10,20,50,100,300 days …

Power Grid Share Price Today: Up 1.23%, Nifty Down by -0.07%
4 months, 4 weeks ago

Power Grid Share Price Today: Up 1.23%, Nifty Down by -0.07%

Live Mint  

Power Grid share price has seen a significant increase today, trading up by 1.23%. The stock has also gained some momentum on the technical front, with the price trading above the 5,10,300 days SMA and below the 20,50,100 day SMA. This suggests that the stock may be poised for further upward movement. However, the company's fundamental analysis shows that the …

Bharat Electronics Stock Price Today: A Technical and Fundamental Analysis
Trending News
4 months, 4 weeks ago

Bharat Electronics Stock Price Today: A Technical and Fundamental Analysis

Live Mint  

Bharat Electronics share price has seen a significant surge today, with the stock price up by 2.93%. The Nifty has also gained slightly, while Sensex has lost 0.1%. The stock has reached a high of ₹294.6 and a low of ₹282.3 during the day, indicating potential support and resistance levels at these levels. The company's fundamental analysis shows a moderate …

Bharat Electronics Stock Price Today: Technical and Fundamental Analysis Indicates Bearish Trend
Trending News
4 months, 4 weeks ago

Bharat Electronics Stock Price Today: Technical and Fundamental Analysis Indicates Bearish Trend

Live Mint  

Bharat Electronics share price is up by 0.76% today, while the Nifty is down by -0.68%. The stock has hit a high of ₹276 and a low of ₹271 during the day, and is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock has key support levels at ₹265.58, ₹261.22, & ₹255.03, and key …

Power Grid Share Price Today: Technical and Fundamental Analysis Indicates Bearish Trend
5 months ago

Power Grid Share Price Today: Technical and Fundamental Analysis Indicates Bearish Trend

Live Mint  

Power Grid share price is trading up today, with a price increase of 0.62%. The stock has hit a high of ₹318.4 and a low of ₹310.65 during the day, and is currently trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock has key support levels at ₹312.53, ₹308.77, & ₹304.28, and key resistance …

All you need to know about CG Power’s chip facility approved by govt
1 year ago

All you need to know about CG Power’s chip facility approved by govt

Live Mint  

CG Power said it has partnered with Japan's Renesas Electronics and Thailand's Stars Microelectronics for a ₹7,600 crore semiconductor facility in Sanand, Gujarat, as part of India's chip push. All You Need to Know About CG Power's New Planned Chip Plant CG Power and Industrial Solutions will form a joint venture with an arm of chip specialist Renesas Electronics Corp, …

Why is share market down today?
2 years, 9 months ago

Why is share market down today?

India Today  

Key equities in share markets dropped more than 1 per cent on Tuesday ahead of a possible rate decision from the country's central bank, while global investors awaited US inflation data and key rate decisions in Europe. Financial services platform PB Fintech fell 8.3 per cent after it said the firm's chief executive intends to sell 3.8 million shares via …

Private Equity firm KKR cuts down stake in CG Power
4 years, 7 months ago

Private Equity firm KKR cuts down stake in CG Power

Live Mint  

Private Equity giant KKR on Friday further divested 18.07 million or 2.88% stake in troubled firm CG Power & Industrial Solutions Ltd for ₹30.54 crore through an open market transaction. As per the block deal data available on the exchange, KKR India Debt Opportunities Fund II sold 34,64,021 equity shares in company at ₹16.95 per share on the BSE, while …

After KKR, L&T Finance, now Yes Bank sells CG Power shares worth ₹76 crore
4 years, 7 months ago

After KKR, L&T Finance, now Yes Bank sells CG Power shares worth ₹76 crore

Live Mint  

Mumbai: Private sector lender Yes Bank Ltd on Tuesday, offloaded 5.18 crore shares or 8.27% equity stake in CG Power & Industrial Solutions Ltd for ₹76 crore, via open market transactions, joining other institutional investors such as private equity firm KKR and L&T Finance, who have sold shares in past two days. Yes Bank sold 2.38 crore equity shares in …

CG Power to sell non-core assets, raise fresh equity
5 years, 7 months ago

CG Power to sell non-core assets, raise fresh equity

Live Mint  

Mumbai: The board of Gautam Thapar-promoted CG Power and Industrial Solutions Ltd is considering selling non-core assets and exploring various fundraising avenues to deleverage the company and optimize its operations, the company said in a filing to stock exchanges on Tuesday. CG Power’s stock crashed 20%, the maximum permissible daily limit for the stock, on 20 August after its board …

For CG Power, the trouble started long before it reported serious lapses
5 years, 7 months ago

For CG Power, the trouble started long before it reported serious lapses

Live Mint  

Shares of CG Power and Industrial Solutions Ltd have tumbled 36% in the last two trading sessions on news of serious accounting lapses at the company. The company’s market capitalization has fallen from around ₹6,000 crore in January 2018 to ₹1,156 crore earlier this week, even before it reported the unauthorized transactions by certain employees on Tuesday. CG Power’s market …

Yes Bank shares slip to 5-year low, tumble over 8%
5 years, 7 months ago

Yes Bank shares slip to 5-year low, tumble over 8%

Live Mint  

New Delhi: Shares of Yes Bank continued to slip for the third straight session as investors remain cautious amid concerns over the bank's exposure to CG Power and Industrial Solutions which has been hit by alleged financial irregularities and unauthorised transactions. Yes Bank holds 12.8% stake in CG Power and Industrial Solutions as of June 2019. Net realisable value from …

CG Power shares slump after ‘suspect’ transactions found
5 years, 7 months ago

CG Power shares slump after ‘suspect’ transactions found

Live Mint  

Mumbai: Shares of the Gautam Thapar-promoted CG Power and Industrial Solutions Ltd crashed almost 20% on Tuesday after its board cited major governance and financial lapses. "The total liabilities of the Company and the Group may have been potentially understated by approximately ₹1,053.54 crore and ₹1,608.17 crore, respectively, as at 31 March 2018," the exchange filing said. The company added …

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