Crompton Greaves: Stock jumps after securing 159 off-grid solar pumping systems
News by Aliceblue News Desk
03 Sept 2025
Introduction
Leading electricals and renewable solutions provider has received a work order to install 159 off-grid solar photovoltaic water pumping systems in Madhya Pradesh under the PM Krishak Mitra Surya Yojana scheme.
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Share price movement of Crompton Greaves
On September 3, 2025, Crompton Greaves Consumer Electricals Ltd opened at ₹336.75, down 0.48% from its previous close of ₹333.55. The stock reached a high of ₹336.75 and a low of ₹330.95. By 2:01 PM, it traded at ₹331.95, with a market cap of ₹21,372.70 crore.
Crompton Greaves Secures Rs. 4.24 Crore Solar Order
Crompton Greaves Consumer Electricals Limited has received a Letter of Empanelment from Madhya Pradesh Urja Vikas Nigam Limited. The order involves supplying and installing 159 off-grid DC and AC solar water pumping systems in Madhya Pradesh.
The project covers SPWPS capacities of 2 HP, 3 HP, 5 HP, and 7.5 HP under Component-B of PM KUSUM B, implemented as the PM Krishak Mitra Surya Yojana. The total work order value is approximately Rs. 4.24 crore, excluding GST.
The installation and commissioning of the solar water pumping systems are to be completed within 60 days from the work order date. The order is fully domestic, and promoters or group companies have no interest in the awarding entity.
Stock performance of Crompton Greaves for Period of 1 week, 6 months, and 1 year
Crompton Greaves Consumer Electricals Ltd delivered a 2.69% return over the past week, it declined by 3.12% in the past six months. The stock fell 28.9% over the past year.
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Shareholding pattern of Crompton Greaves
| Particulars | Jun 2025 | Mar 2025 | Dec 2024 |
| Promoter | 0.00% | 0.00% | 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 brand 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 received a Letter of Empanelment to supply and install 159 off-grid solar water pumping systems in Madhya Pradesh.
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: The market capitalization of Crompton Greaves Consumer Electricals Ltd is ₹21,372.70 crore as of September 3, 2025.
News Author
Aliceblue News Desk
