Crompton Greaves Consumer Electricals surges on launching Solarion range of Garden & Gate Lights
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Crompton Greaves Consumer Electricals is currently trading at Rs. 304.25, up by 4.30 points or 1.43% from its previous closing of Rs. 299.95 on the BSE.
The scrip opened at Rs. 300.25 and has touched a high and low of Rs. 304.50 and Rs. 299.45 respectively. So far 31985 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 428.80 on 13-Sep-2022 and a 52 week low of Rs. 251.25 on 26-Apr-2023.
Last one week high and low of the scrip stood at Rs. 305.45 and Rs. 297.25 respectively. The current market cap of the company is Rs. 19451.28 crore.
The Institutions and Non-Institutions held 83.71% and 16.29%, stake in the company respectively.
Crompton Greaves Consumer Electricals (CGCEL) has launched its new aesthetic and diverse range of outdoor lighting - Solarion Garden Lights. Leveraging its 80 year legacy of quality, long-lasting durability, and innovation, this new range carries the promise of the brand and its service, designed to enhance the beauty of outdoor spaces. The new lighting fixtures are waterproof, weatherproof and rustproof and come in a diverse range for the consumers to choose from, thereby making this the perfect solution to illuminate pathway and accentuate the garden’s beauty through all the seasons.
Crompton's new range of outdoor lighting fixtures also offers a diverse selection for consumers to choose from. Whether they prefer plastic or metal gate-posts and bollards, Crompton has a wide range of options available to suit various garden styles and preferences. The entire range is IP65 certified water-resistant and features bulb holders with a long-lasting rust-resistant coating, giving consumers peace of mind that their investment will last through the seasons. By providing such a diverse range, Crompton aims to cater to the unique tastes and preferences of its discerning customers.
Crompton Greaves Consumer Electricals manufactures and markets a wide spectrum of consumer products ranging from fans, light sources and luminaires, pumps and household appliances, such as geysers, mixer grinders, toasters and irons.
