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An announcement from Crompton Greaves Consumer Electricals Ltd. ( (IN:CROMPTON) ) is now available.
Crompton Greaves Consumer Electricals has disclosed that the District Consumer Disputes Redressal Commission in Saharsa, Bihar, has ordered it to pay a total of ₹12,620, comprising ₹7,620 as compensation and ₹5,000 towards mental agony, to a consumer who complained that a Crompton Mini Master Plus I pump purchased by him was not functioning properly. The company has clarified that this consumer dispute order does not have any material impact on its financials, operations or other activities, indicating that the matter is limited in scope and does not affect its overall business performance or market position.
More about Crompton Greaves Consumer Electricals Ltd.
Crompton Greaves Consumer Electricals Limited is an Indian consumer electricals company headquartered in Mumbai, operating in the consumer durables and electrical appliances sector. The company’s portfolio includes products such as pumps and other household electrical goods, serving retail consumers across India.
Average Trading Volume: 244,985
Technical Sentiment Signal: Sell
Current Market Cap: 161.8B INR
For a thorough assessment of CROMPTON stock, go to TipRanks’ Stock Analysis page.