Bengaluru, Aug. 29 -- The large cap company providing global solutions for sustainable electrical energy is in the spotlight today after launching its first Outsourced Semiconductor Assembly and Test (OSAT) facility.

With the market capitalization of Rs. 1,08,096.53 crore, the shares of CG Power & Industrial Solutions Ltd were trading at Rs. 686, up by 3.31 percent from its previous day's close price of Rs. 664 per equity share. The stock has reached an intraday high of Rs. 687.50.

What's the news?

CG Semi Private Limited, a subsidiary of CG Power and part of the Murugappa Group, has launched its first Outsourced Semiconductor Assembly and Test (OSAT) facility in Sanand, Gujarat, making it one of India's first full-service OSAT provide...