Crompton Greaves Consumer Electricals grabbed headlines with a major ₹445.03 crore solar project win in Andhra Pradesh.
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RAJ ANAND
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While markets stayed weak on Friday, Crompton shares gained over 1%, defying the broader bearish trend.
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RAJ ANAND
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The company received the order from the New and Renewable Energy Development Corporation of Andhra Pradesh.
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RAJ ANAND
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The project includes installing 2-kilowatt solar rooftop systems across multiple regions in the state.
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RAJ ANAND
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Under this project, the firm will provide solar systems to 38,669 SC and ST consumers.
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RAJ ANAND
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The work spans five divisions and includes design, engineering, supply, installation, and commissioning.
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RAJ ANAND
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Crompton must complete the entire project within six months, showcasing its strong execution capability.
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RAJ ANAND
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The stock opened at ₹292.95 and touched an intraday high of ₹293.65 on the BSE.
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RAJ ANAND
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Despite today’s uptick, shares have fallen 22% this year and 26% in the past 12 months.
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RAJ ANAND
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In Q1 FY26, Crompton reported ₹122.3 crore net profit — down 19.4% year-on-year.
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RAJ ANAND
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