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Crompton Greaves Consumer Electricals Ltd. ( (IN:CROMPTON) ) has shared an update.
Crompton Greaves Consumer Electricals Limited has secured a significant contract from Madhya Pradesh Urja Vikas Nigam Limited for the design, manufacture, and installation of 197 Off-Grid DC & AC Solar Photovoltaic Water Pumping Systems under the PM KUSUM-B scheme. This order, valued at approximately Rs. 4.75 Crores, marks a strategic move for Crompton Greaves into the renewable energy sector, potentially enhancing its market position and contributing to sustainable energy initiatives in India.
More about Crompton Greaves Consumer Electricals Ltd.
Crompton Greaves Consumer Electricals Limited operates in the consumer electricals industry, focusing on the design, manufacture, and supply of electrical products and systems. The company is known for its range of consumer electrical goods and solutions, catering to both domestic and commercial markets.
Average Trading Volume: 107,011
Technical Sentiment Signal: Sell
Current Market Cap: 189.1B INR
For an in-depth examination of CROMPTON stock, go to TipRanks’ Overview page.