Monday, 9 February 2015

Crompton Greaves stock up 2%

The stock has hit a high of Rs163 and a low of Rs156.

Shares of Crompton Greaves Ltd was up 2% at Rs161 on reports that Avantha Group is planning to sell  industrial division of Crompton Greaves and retain the consumer business, according to reports.

The stock has hit a high of Rs163 and a low of Rs156.

Report said that the company is in discussions with Nidec Corp and Minebea Co to sell the division.

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