CG Power & Industrial Solutions Sees Increased Investor Activity and Strong Stock Performance

CG Power & Industrial Solutions Ltd, a prominent player in the Heavy Electrical Equipment industry, has emerged as one of the most active equities today, with a total traded volume of 6,686,522 shares and a total traded value of approximately Rs 47.75 crore. The stock opened at Rs 710.00, reflecting a gain of 2.26% from the previous close of Rs 694.30, and reached an intraday high of Rs 724.00, marking a 4.28% increase.
In terms of performance, CG Power has outperformed its sector by 2.67% and has shown a consecutive gain over the last two days, yielding a total return of 7.75% during this period. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Investor participation has also seen a notable rise, with delivery volume on August 29 reaching 3.17 million shares, up 25.45% compared to the 5-day average. The stock's liquidity remains robust, accommodating trade sizes of up to Rs 9.33 crore based on 2% of the 5-day average traded value. Overall, CG Power & Industrial Solutions Ltd continues to demonstrate solid performance metrics in the market.