CG Power rises on launching high-efficiency medium voltage induction motors ‘Fluxtron’
CG Power is currently trading at Rs. 638.55, up by 2.90 points or 0.46% from its previous closing of Rs. 635.65 on the BSE.
The scrip opened at Rs. 635.65 and has touched a high and low of Rs. 641.30 and Rs. 627.65 respectively. So far 63731 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 874.50 on 11-Oct-2024 and a 52 week low of Rs. 479.80 on 15-Apr-2024.
Last one week high and low of the scrip stood at Rs. 659.30 and Rs. 625.10 respectively. The current market cap of the company is Rs. 96349.35 crore.
The promoters holding in the company stood at 58.06%, while Institutions and Non-Institutions held 26.20% and 15.74% respectively.
CG Power and Industrial Solutions (CG) has launched ‘Fluxtron’, its most advanced, high-efficiency medium voltage induction motors. Designed to redefine energy efficiency, ‘Fluxtron’ marks a revolutionary step in sustainable industrial operations, empowering businesses to dramatically cut their carbon footprint while boosting productivity.
With minimal maintenance and seamless Variable Frequency Drive (VFD) compatibility, ‘Fluxtron’ ensures precision control of speed and torque, making industrial processes smarter and more adaptable.
CG Power and Industrial Solutions is an engineering conglomerate with an impressive and diverse portfolio of products, solutions and services for Power and Industrial equipment and solutions, addressing myriad needs.
