598.2500 9.00 (1.53%)
NSE Apr 16, 2025 15:25 PM
Volume: 1.7M
 

598.25
1.53%
Reliance Securities
CG Power reported an exceptional loss at parent level in Q4FY18 led by continued loss of Rs1.1bn at Hungary unit (sale spilled over to H1FY19 owing to General Elections), Rs1.6bn of inventory write-off in Power System Transformers segment in Latin America and inventory write down in domestic Power System book value and write-off of Rs1.5bn in Engineering Projects business. As per the Management, Hungary divestment is on track despite delay by a quarter due to General Elections. The Company expects the deal to sail through by Jun'18 and a quarterly loss...
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