Crompton Greaves is currently trading at Rs. 98.35, up by 2.30 points or 2.39 % from its previous closing of Rs. 96.05 on the BSE.
The scrip opened at Rs. 96.40 and has touched a high and low of Rs. 98.40 and Rs. 96.00 respectively. So far 67643 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 140.70 on 12-Oct-2012 and a 52 week low of Rs. 71.70 on 25-Jun-2013.
Last one week high and low of the scrip stood at Rs. 97.40 and Rs. 91.00 respectively. The current market cap of the company is Rs. 6180.41 crore.
The promoters holding in the company stood at 42.47% while Institutions and Non-Institutions held 41.01% and 16.29% respectively.
Crompton Greaves (CG), the electrical equipment maker and Avantha Group Company, has inaugurated its full-fledged office in the free trade zone of Dubai Silicon Oasis (DSO). This regional office will promote and distribute the full CG offering for its customers. The office has a state-of-the-art IT infrastructure and a tier 3 data centre. It will service Utilities, Oil & Gas, Power, Metals and Mining, Industrial and Original Equipment Manufacturers (OEMs).
CG, formerly operating under Pauwels and Crompton Greaves, has been serving the Middle East customers for over 25 years; this new office has a fully supported Multi Business platform. As a result, the region’s local customers will now have CG’s experts in motors/drives, T&D equipment, automation and services. This region represents large potential market for the company and is estimated at $10 billion.
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.
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