This share is of CG Power and Industrial Solutions Limited, which was known as Crompton Greaves Limited. It is a multinational company based in India and is several decades old. This company was established in the year 1937 before the independence of the country.
This Mumbai headquartered company is mainly associated with electricity. This company manufactures and sells a variety of products and solutions used in electricity generation, its transmission and distribution. Apart from these, the company is also active in the work of rail transportation. Right now the company’s value in the stock market is Rs 62,120 crore.
Today, CG Power’s stock has remained stable in Wednesday’s trading, but it has gained more than 3.50 per cent in the last five days. At the same time, in the last one month, the price of this share has strengthened by about 8 percent. The share price has gained 32 per cent during 6 months, so this year so far it has jumped more than 50 per cent.
The rate at one time was only Rs 8.
CG Power’s stock has gained more than 75 percent in the last one year. At present, its share price is Rs 408, which is close to its 52-week high of Rs 424.65. However, just 3 years ago, the price of one of its shares was around Rs.8. In this way, this stock has jumped 51 times in the last 3 years.
Become a millionaire in 3 years
According to this, if someone had invested only 2 thousand rupees in this share 3 years ago, today he would have been a millionaire and if he had invested 2 lakh rupees, today he would have been the owner of crores.
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