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

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

Live Mint  

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 interim dividend, if any, for the financial year 2024-25," the Mumbai-headquartered engineering conglomerate said in an exchange filing during market hours on March 11. CG Power share price trend Despite market volatility, CG Power share price has seen a healthy 30 per cent upside over the last year till March 10 close. The brokerage firm underscored that CG Power's Q3FY25 results highlight a growth trajectory with a 27.1 per cent year-on-year sales increase and a strong order intake.

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History of this topic

CG Power & Solutions shares down 12%, continues to decline for fifth session straight; What’s behind the plunge?
1 month, 3 weeks 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 …

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, 3 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 …

Power Grid Share Price Today on 25-11-2024: Power Grid share price are up by 0.59%, Nifty up by 1.82%
3 months, 3 weeks 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. …

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, 1 week 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 …

PFC share price jumps 9% post Q2 results; brokerages see 16-28% potential upside in this PSU stock
4 months, 1 week ago

PFC share price jumps 9% post Q2 results; brokerages see 16-28% potential upside in this PSU stock

Live Mint  

PFC share price: Power Finance Corporation share price surged nearly 9% in Monday's session after the company reported a nearly 9% increase in consolidated net profit to ₹7,214.90 crore for the September quarter, primarily driven by greater revenues. For the period from April to September FY25, the company experienced a 14% increase in consolidated profit after tax to ₹14,397 crore …

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, 1 week ago

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

Live Mint  

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 …

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, …

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, 6 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 …

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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