CG Power Extends Its Losing Streak Despite Market Strength

As on 20 November 2025 — Despite the broader market strength, this multibagger is moving southward as

extended its decline for the third consecutive session. By 2:50 PM, the stock was down nearly half a percent, reflecting muted sentiment after the company received a tax demand notice worth ₹365 crore for Assessment Year 2018–19. The final assessment order includes multiple disallowances and additions, resulting in a tax demand of ₹365.37 crore. The company has stated that it is preparing to file an appeal against these adjustments. On the technical front, the 702–717 zone may act as a key support area for traders monitoring downside risk. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.