This Murugappa Group stock has zoomed 100% in 11 weeks

CG Power and Industrial Solutions hit a multi-year high of Rs 157.65 today, and has zoomed 3,261 per cent from its March 2020 low of Rs 4.69 on the BSE

Shares of CG Power and Industrial Solutions were locked in 5 per cent upper circuit for the second straight day, at Rs 157.65 on the BSE on Wednesday. The stock was trading at its multi-year high level. In the past four trading days, it has gained 15 per cent after the company reported an all round improvement in performance during July-September quarter (Q2FY22).

In the past 11 weeks, the stock has rallied 110 per cent from a level of Rs 75.20 touched on August 11, 2021. In comparison, the S&P BSE Sensex was up 12.8 per cent during the