Crompton Greaves trades higher on launching `Tankless Water Heaters`
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Crompton Greaves Consumer Electricals is currently trading at Rs. 301.50, up by 1.45 points or 0.48% from its previous closing of Rs. 300.05 on the BSE.
The scrip opened at Rs. 301.95 and has touched a high and low of Rs. 301.95 and Rs. 299.45 respectively. So far 34646 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 411.50 on 06-Oct-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. 311.90 and Rs. 299.45 respectively. The current market cap of the company is Rs. 19294.35 crore.
The Institutions and Non-Institutions held 83.71% and 16.29% stake in the company respectively.
Crompton Greaves Consumer Electricals has come up with new products ‘Tankless Water Heaters’ for domestic market. The company has launched ‘Rapidjet Pro’ and ‘Rapidjet Royale’ tankless water heaters on October 5, 2023. Earlier, the company had unveiled new products ‘Storage Water Heaters’ for domestic market.
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.
