Crompton Greaves gains on receiving LoA from NREDCAP
The company has received an letter of award worth Rs 445.03 crore
Crompton Greaves is currently trading at Rs. 292.40, up by 1.50 points or 0.52% from its previous closing of Rs. 290.90 on the BSE.
The scrip opened at Rs. 292.95 and has touched a high and low of Rs. 293.65 and Rs. 289.00 respectively. So far 47821 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 419.15 on 02-Dec-2024 and a 52 week low of Rs. 278.45 on 14-Oct-2025.
Last one week high and low of the scrip stood at Rs. 293.00 and Rs. 285.80 respectively. The current market cap of the company is Rs. 18828.07 crore.
The Institutions holding in the company stood at 86.81%, while Non-Institutions held 13.19% in the company.
Crompton Greaves Consumer Electricals has received an letter of award (LoA) from New & Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) for EPC Contracts for Design, Engineering, Supply, Installation, Testing & Commissioning and O&M for 5 years of 2KW Solar Rooftop System of 77.40 MWp Grid connected RTS Plants for 38,699 SC & ST consumers through utility led aggregation (CAPEX) mode in APDISCOMs under PM -Surya Ghar Muft Bijli Yojna with total order value of Rs 445.03 crore (excluding GST).
Crompton Greaves Consumer Electricals is India’s market leader in fans, number one player in residential pumps and has leading market positions in its other product categories.

