Crompton Greaves rises on getting letter of empanelment, rate contract from MSEDCL
Crompton Greaves Consumer Electricals is currently trading at Rs. 261.30, up by 0.30 points or 0.11% from its previous closing of Rs. 261.00 on the BSE.
The scrip opened at Rs. 264.00 and has touched a high and low of Rs. 264.00 and Rs. 258.50 respectively. So far 197893 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 364.35 on 27-Jun-2025 and a 52 week low of Rs. 217.50 on 30-Jan-2026.
Last one week high and low of the scrip stood at Rs. 264.00 and Rs. 234.05 respectively. The current market cap of the company is Rs. 16851.25 crore.
The Institutions and Non-Institutions held 86.30% and 13.70% stake in the company respectively.
Crompton Greaves Consumer Electricals has received an letter of empanelment and rate contract from Maharashtra State Electricity Distribution Company (MSEDCL) for design, manufacture, supply, installation, testing & commissioning of 3540 number of Off-grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) including complete system warranty and its repair & maintenance and remote system (RMS) under MTSKPY/ PM-KUSUM-B scheme at various location across the State of Maharashtra.
Broad consideration or size of the order is around Rs 71.75 crore (excluding GST) and is to be executed within 60 days from the date of issue of Notice to Proceed (NTP) /work order.
