Foreign institutional investors (FIIs) have increased their stake in Crompton Greaves by 97 basis points to 16.7 percent at the end of September 2015 quarter as compared to 15.73 percent as on June 30, 2015. Domestic institutional investors (DIIs) have raised their holdings in the company by 43 basis points to 31.62 percent in Q2FY16 as compared to 31.19 percent as on June 30, 2015.
Non Institutions were holding 17.15 percent stake at the end of September 2015 quarter, down 139 basis points from 18.54 percent as on June 30, 2015, while the Corporate bodies were holding 7.96 percent stake at the end of September 2015 quarter, down 39 basis points from 8.35 percent as on June 30, 2015. Further, the promoters’ shareholding in the company was unchanged at 34.38 percent at the end of September 2015.
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.
