Crompton Greaves is currently trading at Rs. 185.00, up by 1.80 points or 0.98% from its previous closing of Rs. 183.20 on the BSE.
The scrip opened at Rs. 186.00 and has touched a high and low of Rs. 186.00 and Rs. 184.60 respectively. So far 8,096 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 206.55 on 19-Nov-2014 and a 52 week low of Rs. 152.85 on 08-Sep-2015.
Last one week high and low of the scrip stood at Rs. 189.00 and Rs. 182.15 respectively. The current market cap of the company is Rs. 11,867.00 crore.
The promoters holding in the company stood at 34.38% while Institutions and Non-Institutions held 48.32% and 17.15% respectively.
Crompton Greaves has received an approval for sale of company’s Power Systems Business in Canada to PTI Holdings Corporation in a structured deal for an enterprise value of Canadian $20 million subject to post-closing adjustments. The Committee of Directors at its meeting held on October 26, 2015 has approved for the same.
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.