{"id":264651,"date":"2019-03-16T05:34:05","date_gmt":"2019-03-16T05:34:05","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=264651"},"modified":"2019-03-16T05:34:05","modified_gmt":"2019-03-16T05:34:05","slug":"cg-power-extends-gain-stock-zooms-106-from-52-week-low","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/cg-power-extends-gain-stock-zooms-106-from-52-week-low\/","title":{"rendered":"CG Power extends gain; stock zooms 106% from 52-week low"},"content":{"rendered":"<p>Shares of CG Power and Industrial Solutions were up 6 per cent to Rs 44.75 in intra-day trade on the BSE, extending its month-long gain, on report that KKR, Yes Bank and BOI AXA may take control of Avantha Group Company. <\/p>\n<p>The stock has zoomed 109 per cent from its 52-week low of Rs 21.40 touched February 14 on the BSE in intra-day trade. <\/p>\n<p>On March 8, the pledge on shares created by Avantha Holdings as a promoter in CG Power and Industrial Solutions, has been invoked by Vistra TCL (India), the Debenture Trustee, the company said in a regulatory filing on March 10. Vistra TCL (India) has invoked pledge created in its favour over a portion of the equity shares of CG Power and Industrial Solutions, being 67.69 million equity shares (of the aggregate number of 135.39 million shares pledged in favour), it said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of CG Power and Industrial Solutions were up 6 per cent to Rs 44.75 in intra-day trade on the BSE, extending its month-long gain, on report that KKR, Yes Bank and BOI AXA may take control of Avantha Group Company. The stock has zoomed 109 per cent from its 52-week low of Rs 21.40 touched February 14 on the BSE in intra-day trade. On March 8, the pledge on shares created by Avantha Holdings as a promoter in CG Power and Industrial Solutions, has been invoked by Vistra TCL (India), the Debenture Trustee, the company said in a regulatory [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-264651","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/264651","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=264651"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/264651\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=264651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=264651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=264651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}