Crompton Greaves Consumer Electricals gains on launching new product
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Crompton Greaves Consumer Electricals is currently trading at Rs. 289.00, up by 0.65 points or 0.23% from its previous closing of Rs. 288.35 on the BSE.
The scrip opened at Rs. 290.00 and has touched a high and low of Rs. 290.00 and Rs. 287.15 respectively. So far 15207 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 376.20 on 01-Dec-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. 293.50 and Rs. 284.55 respectively. The current market cap of the company is Rs. 18529.78 crore.
The Institutions and Non-Institutions held 83.35% and 16.65%, stake in the company, respectively.
Crompton Greaves Consumer Electricals has launched a new product - PTC room heater namely ‘ACGRH Insta Genial’. The said product has been launched on November 23, 2023 and will cater to domestic market.
Earlier, the company had launched a new product - Super Premium BLDC namely ‘Energion Roverr’ (launched in 48” Sweep Size).
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.
