CG Power Experiences Notable Decline Amidst Sector Underperformance and Market Fluctuations

Jan 21 2025 03:15 PM IST
share
Share Via
CG Power & Industrial Solutions experienced a decline on January 21, 2025, reversing a three-day gain streak. The stock traded below several key moving averages and has seen a notable decrease over the past month, contrasting with the broader market's performance. Investors are watching for further developments.
CG Power & Industrial Solutions, a key player in the capital goods sector, saw a decline of 3.53% on January 21, 2025, underperforming its sector by 1.15%. This marks a trend reversal following three consecutive days of gains. During the trading session, the stock reached an intraday low of Rs 661.55, reflecting a decrease of 3.36%.

In terms of technical indicators, CG Power is currently above its 5-day moving average but below the 20-day, 50-day, 100-day, and 200-day moving averages. Over the past month, the stock has declined by 9.61%, while the Sensex has decreased by 2.78%. Market participants will be closely monitoring CG Power's performance as it navigates these recent fluctuations.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News