Crompton Greaves: Stock in focus after signing LoA for DC & AC Solar Photovoltaic Water Pumping System
News by Aliceblue News Desk
22 Sept 2025
Introduction
Leading Indian electricals company secured a ₹4.28 crore domestic order to design, supply, and install 196 off-grid solar water pumping systems under PM KUSUM-B, supporting renewable energy and agricultural initiatives in Madhya Pradesh.
Share price movement of Crompton Greaves
On September 22, 2025, Crompton Greaves Consumer Electricals Ltd opened at ₹313.65, down 0.14% from its previous close of ₹314.10. The stock reached a high of ₹314.25 and a low of ₹308.20. By 2:37 PM, it traded at ₹308.35, a 1.83% decline, with a market cap of ₹19,853.20 crore.
Crompton Greaves Secures ₹4.28 Crore Solar Order
Crompton Greaves Consumer Electricals Ltd received a work order from Madhya Pradesh Urja Vikas Nigam Ltd for 196 Off-grid DC and AC Solar Photovoltaic Water Pumping Systems.
The total order value is approximately ₹4.28 crore, excluding GST. The systems will be installed under Component-B of PM KUSUM-B, implemented as PM Krishak Mitra Surya Yojana in Madhya Pradesh.
The project will be completed within 120 days of order issuance. The order involves design, manufacture, supply, installation, testing, and commissioning of the SPWPS units.
Stock performance of Crompton Greaves for Period of 1 week, 6 months, and 1 year
Crompton Greaves Consumer Electricals Ltd delivered a 0.67% return over the past week. The stock declined 12.8% in the past six months and 29.7% over the past year.
Also Read: RailTel: Stock jumps after securing ₹18 Cr contract from Dredging Corporation
Shareholding pattern of Crompton Greaves
| Particulars | Jun 2025 | Mar 2025 | Dec 2024 |
| Promoter | 0% | 0% | 0% |
| FII | 29.20% | 30.30% | 34.40% |
| DII | 58.90% | 57.10% | 53.00% |
| Public | 11.90% | 12.60% | 12.50% |
About Crompton Greaves
Crompton Greaves Consumer Electricals Ltd (NSE: CROMPTON) is a leading Indian consumer company with over 75 years of legacy, operating in lighting and electrical durables, marketing products under the Crompton brand domestically and internationally.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is Crompton Greaves Consumer Electricals Ltd share price going up today?
A: Crompton Greaves Consumer Electricals Ltd share price rose after receiving a ₹4.28 crore order for 196 off-grid solar water pumping systems.
Q: What does Crompton Greaves Consumer Electricals Ltd specialize in?
A: Crompton Greaves Consumer Electricals Ltd specializes in lighting and electrical consumer durables, marketing products under the Crompton brand in India and select export markets.
Q: What is the market capitalization of Crompton Greaves Consumer Electricals Ltd?
A: Crompton Greaves Consumer Electricals Ltd has a market capitalization of ₹19,853.20 crore as of September 22, 2025.
News Author
Aliceblue News Desk
