Crompton Greaves is currently trading at Rs. 183.05, up by 4.50 points or 2.52% from its previous closing of Rs. 178.55 on the BSE.
The scrip opened at Rs. 186.35 and has touched a high and low of Rs. 190.00 and Rs. 182.55 respectively. So far 471116 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 231.00 on 10-Sep-2014 and a 52 week low of Rs. 101.65 on 29-Jan-2014.
Last one week high and low of the scrip stood at Rs. 190.00 and Rs. 164.60 respectively. The current market cap of the company is Rs. 11676.10 crore.
The promoters holding in the company stood at 42.67% while Institutions and Non-Institutions held 40.66% and 16.48% respectively.
The Reserve Bank of India (RBI) has allowed foreign institutional investors (FIIs) to invest up to 100% of the paid up capital in Crompton Greaves. The decision follows passage of resolutions at company’s board of directors’ level and a special resolution by the shareholders, agreeing for enhancing the limit for the purchase of its equity shares and convertible debentures by FIIs/ Registered Foreign Portfolios Investors (RFPIs) RFPIs. FIIs held 15.93% shares in the company as of quarter ended September 30, 2014.
Crompton Greaves is a global pioneering leader in the management and application of electrical energy. With more than 15,000 employees across its operations in around 85 countries, CG provides electrical products, systems and services for utilities, power generation, industries, and consumers.
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