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Creative Newtech inches up on entering into strategic partnership with Ravel Electronics

18 Jun 2026 Evaluate

Creative Newtech is currently trading at Rs. 705.00, up by 0.50 points or 0.07% from its previous closing of Rs. 704.50 on the BSE.

The scrip opened at Rs. 697.20 and has touched a high and low of Rs. 708.95 and Rs. 697.20 respectively. So far 1039 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 796.00 on 15-Dec-2025 and a 52 week low of Rs. 524.10 on 30-Mar-2026.

Last one week high and low of the scrip stood at Rs. 739.45 and Rs. 688.80 respectively. The current market cap of the company is Rs. 1058.68 crore.

The promoters holding in the company stood at 56.62%, while Institutions and Non-Institutions held 1.30% and 42.08% respectively.

Creative Newtech has entered into a strategic partnership with Ravel Electronics (Ravel), India's leading manufacturer of Fire Alarm Detection Systems and Life Safety Solutions. Under this agreement, the company will serve as the Master Distributor for Ravel’ Conventional and Addressable Fire Alarm Systems, strengthening the availability and market reach of globally compliant fire safety solutions across India. 

As part of the collaboration, the company will also drive market expansion and channel development for AARAL, Ravel's flagship Enterprise Series Fire Detection and Alarm platform designed for large-scale commercial, industrial, and mission-critical applications requiring advanced monitoring, intelligent detection, and seamless system integration. 

Through this partnership, the company will leverage its extensive distribution ecosystem, enterprise sales reach, and channel partner network to strengthen the availability and adoption of Ravel's solutions. The collaboration will also enhance customer engagement, technical support, project development, and system integration capabilities across the region. 

Creative Newtech is a well-established company in India’s Information and Communication Technology distribution market. Through a robust network of partners and distribution channels, the company has made a strong foothold in the IT distribution market in the country.

Creative Newtech Share Price

750.45 30.90 (4.29%)
19-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Redington 280.90
Amrapali Industries 42.31
Adani Enterprises 3037.90
Rashi Peripheral 752.80
PDS 338.40
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