CG Power shares surge 7% to hit all-time high; here's what analysts say

CG Power and Industrial Solutions Ltd shares rose sharply in Tuesday's trade to scale their record high levels. The stock jumped 6.91 per cent to hit an all-time high of Rs 584.90. Later, the stock gave up a major chunk of its gain and was last seen trading 1.93 per cent higher at Rs 557.65. The company reported a 10 per cent dip in consolidated net profit to Rs 234 crore for March quarter FY24 (Q4 FY24) as against Rs …