CG Power and Industrial Solutions shares jumped more than 2% in morning trade after the company announced that its board would meet today to consider fundraising via the issuance of equity shares, debentures, warrants, preference shares, or any other equity-linked securities.
The company’s shares opened at ₹825, reaching a high of ₹841.80 and a low of ₹824 during today’s session. The stock is currently trading close to its 52-week high of ₹874.70, significantly up from its 52-week low of ₹359.20.
As of 9:34 am, CG Power shares were trading 1.89% higher at Rs 834.50 on the NSE.
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CG Power