CG Power share price: Semiconductor stock up 10% in 3 sessions; what's powering the rally?

and Industrial Solutions shares on Tuesday (September 2) extended the winning streak to the third session in a row due to a strong investor optimism surrounding the launch of its new plan in Gujarat's Sanand. The Nifty Next 50 stock today opened nearly 1 per cent higher at Rs 723.05 on NSE and went on the make an intraday high of Rs 742.75, up around 3.51 per cent. Around noon, CG Power shares held firmly in the green to quote near day's high, at Rs 741.95. Nearly 60 lakh shares of the Chennai-based Murugappa Group company changed hands around the same time on NSE. On BSE, the BSE 200 constituent was up 3.30 per cent at Rs 740. The buying was buoyed by a rise in volumes with a total of 4.10 lakh shares changing hands versus the two-week average quantity of 2.88 lakh