Crompton Greaves is currently trading at Rs. 179.15, up by 3.75 points or 2.14% from its previous closing of Rs. 175.40 on the BSE.
The scrip opened at Rs. 179.00 and has touched a high and low of Rs. 179.90 and Rs. 178.10 respectively. So far 52,000 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. 139.30 on 14-Mar-2014.
Last one week high and low of the scrip stood at Rs. 181.00 and Rs. 171.70 respectively. The current market cap of the company is Rs. 11,473.00 crore.
The promoters holding in the company stood at 34.38% while Institutions and Non-Institutions held 45.79% and 19.68% respectively.
Avantha Group Company, Crompton Greaves (CG) has been awarded a prestigious contract worth 3.4 million euro by Saudi Electricity Company (SEC), the largest power utility company in the Middle East serving approximately five million customers in the Kingdom of Saudi Arabia (KSA), to supply ZIV three phase smart meters.
The company has bagged the largest lot for the supply of the first batch of industrial smart meters after months of close dedication from its application and sales team to understand the customer´s needs which enabled us to offer a customized and competitive product.
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.