The company appointed bankers to sell the business, which reported sales of Rs 754 crore (euro 100 million) 2015-16.
Crompton Greaves is planning to sell its global automation business, ZIV, at a valuation of $112 million (Rs 754 crore) by September, according to reports.
Report says that the company appointed bankers to sell the business, which reported sales of Rs 754 crore (euro 100 million) 2015-16.
Crompton Greaves Ltd ended at Rs. 75.45, up by Rs. 1 or 1.34% from its previous closing of Rs. 74.45 on the BSE.
Report says that the company appointed bankers to sell the business, which reported sales of Rs 754 crore (euro 100 million) 2015-16.Crompton Greaves Ltd ended at Rs. 75.45, up by Rs. 1 or 1.34% from its previous closing of Rs. 74.45 on the BSE.
The scrip opened at Rs. 0 and touched a high and low of Rs. 0 and Rs. 0 respectively. A total of 13304216(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 4666.13 crore.
The BSE group 'A' stock of face value Rs. 2 touched a 52 week high of Rs. 76.15 on 03-Jun-2016 and a 52 week low of Rs. 38.79 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs. 75.2 and Rs. 68.7 respectively.
The promoters holding in the company stood at 34.37 % while Institutions and Non-Institutions held 46.04 % and 19.42 % respectively.
The stock traded above its 50 DMA.
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