Crompton Greaves is currently trading at Rs. 171.80, up by 0.05 points or 0.03% from its previous closing of Rs. 171.75 on the BSE.
The scrip opened at Rs. 173.40 and has touched a high and low of Rs. 174.85 and Rs. 171.60 respectively. So far 167979 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 231.00 on 10-Sep-2014 and a 52 week low of Rs. 116.70 on 17-Feb-2014.
Last one week high and low of the scrip stood at Rs. 175.00 and Rs. 158.50 respectively. The current market cap of the company is Rs. 10836.44 crore.
The promoters holding in the company stood at 34.38% while Institutions and Non-Institutions held 45.79% and 19.68% respectively.
Crompton Greaves (CG) has been awarded with a prestigious contract worth Rs 119 crore by National Thermal Power Corporation (NTPC), the largest generation utility in India, for the design, manufacturing and supply of Generator Step-Up Transformers for its largest capacity, 800 MW super-critical thermal power plant at Darlipali in Odisha.
The order comprises 315 MVA 765kV single phase Generator Step-Up (GSU) Transformers, 85 MVA 765 kV Tie Transformers and 80 MVAR Shunt Reactors. The project is scheduled to be completed in thirty-two months. In addition to many orders of Generator Step-Up Transformers (GSU) and Interconnecting Transformers (ICT), this order for the highest rating of GSU transformers, puts CG on a strong footing as the strongest player in the UHV segment.
The company has won this order against stiff international competition and was hand-picked for this project due to its successful track record and strong relationship with NTPC having partnered them for various other power projects across India.
Crompton Greaves is a global pioneering leader in the management and application of electrical energy. With more than 15,000 employees across its operations in around 85 countries, CG provides electrical products, systems and services for utilities, power generation, industries, and consumers.
