Monday 22 December 2014

Crompton Greaves stock up 2%

Crompton Greaves opened with a positive gap of 1.4 per cent at Rs. 183 and soon, has jumped 2.8 per cent to Rs. 185 on the back of receiving order from Belgium company.

According to a release issued to BSE, the company received a contract from the Belgian offshore wind farm operator Northwind to provide operation and maintenance services for the 216 MW wind farm offshore substation on the Lodewijik bank, 40 km off the Belgian coast.

Now, the stock is up 2.2 per cent at Rs. 184.50. On the BSE counter, so far, 7.37 million shares are traded, against its two-week daily average volume of 678,000 shares.

Meanwhile, the BSE Sensex is up 33 points at 27,405.

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