CG Power and Industrial Solutions' shares are currently trading at Rs. 715.95, marking an increase of 19.65 points or 2.82% from the previous close of Rs. 696.30 on the BSE.

The stock opened at Rs. 700.75 and reached a high of Rs. 730.35 and a low of Rs. 699.00. A total of 110,672 shares have been traded so far.

This BSE 'A' group stock, with a face value of Rs. 2, hit a 52-week high of Rs. 783.60 on July 8, 2024, and a 52-week low of Rs. 359.40 on October 26, 2023. In the past week, the stock's high was Rs. 730.35 and the low was Rs. 644.90. The company's current market capitalization stands at Rs. 106,418.32 crore.

Promoters hold a 58.09% stake in the company, while institutional and non-institutional investors hold 25.72% and 16.19% respectively.

CG Power and Industrial Solutions has finalized agreements to acquire a 55% stake in G.G.Tronics India (GGT) for up to Rs. 319.38 crore. This acquisition aligns with CG’s strategy to broaden its Railway product range by entering related growth areas. The integration aims to harness synergies between the two companies.

CG Power's vast experience in manufacturing, engineering, and project management, coupled with GGT's expertise in Railway Transport Safety and embedded systems, particularly in the Train Collision Avoidance System 'KAVACH,' will enable CG to pursue 'KAVACH' and other rail safety projects in the electronic signalling sector.

CG Power and Industrial Solutions, formerly known as Crompton Greaves, is a global leader in electrical energy management and application.