Crompton Greaves is currently trading at Rs. 164.60, up by 0.70 points or 0.43% from its previous closing of Rs. 163.90 on the BSE.
The scrip opened at Rs. 165.20 and has touched a high and low of Rs. 167.25 and Rs. 163.25 respectively. So far 1580831 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. 149.65 on 07-Apr-2014.
Last one week high and low of the scrip stood at Rs. 175.80 and Rs. 161.80 respectively. The current market cap of the company is Rs. 10309.97 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 an important contract by Administration Nacional de Energia (ANDE), the national electric utility of Paraguay to supply 10 complete ZIV Substation Automation Systems. The scope of the contract also includes engineering services, training and systems integration.
The project, financed by the World Bank, is scheduled to be completed in six months. In January, the World Bank announced a new cooperation strategy with Paraguay for the period 2015 - 2018, with an indicative amount between USD 1,000 - 1,100 million, approved in December and which is twice the amount of USD 400 million received from the World Bank in the past.
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. The company is organized into four business groups: Power, Industrial, Automation, and Consumer.
| Company Name | CMP |
|---|---|
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| Apar Inds | 12003.00 |
| ABB India | 7175.00 |
| Waaree Energies | 3501.00 |
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