Crompton Greaves rises on getting patent for `A Multi-stage Centrifugal Pump with Hybrid Diffusion Technology`
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Crompton Greaves Consumer Electricals is currently trading at Rs. 269.65, up by 0.90 points or 0.33% from its previous closing of Rs. 268.75 on the BSE.
The scrip opened at Rs. 273.75 and has touched a high and low of Rs. 273.75 and Rs. 269.65 respectively. So far 27971 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 327.80 on 15-Jan-2024 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. 278.50 and Rs. 262.10 respectively. The current market cap of the company is Rs. 17383.18 crore.
The Institutions and Non-Institutions held 83.56% and 16.44% stake in the company respectively.
Crompton Greaves Consumer Electricals has been granted patent for an invention titled ‘A Multi-stage Centrifugal Pump with Hybrid Diffusion Technology’. This patent has been officially granted on March 20, 2024 for the term of 20 years effective from October 10, 2014 in accordance with the provisions of the Patents Act, 1970. Earlier, the company had been granted patent for an invention titled ‘Linear Node Tubular Lighting System’.
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.
