Crompton Greaves Consumer Electricals grabbed headlines with a major ₹445.03 crore solar project win in Andhra Pradesh.

Written By

RAJ ANAND

IMAGE CREDIT

GOOGLE

While markets stayed weak on Friday, Crompton shares gained over 1%, defying the broader bearish trend.

Written By

RAJ ANAND

IMAGE CREDIT

GOOGLE

The company received the order from the New and Renewable Energy Development Corporation of Andhra Pradesh.

Written By

RAJ ANAND

IMAGE CREDIT

GOOGLE

The project includes installing 2-kilowatt solar rooftop systems across multiple regions in the state.

Written By

RAJ ANAND

IMAGE CREDIT

GOOGLE

Under this project, the firm will provide solar systems to 38,669 SC and ST consumers.

Written By

RAJ ANAND

IMAGE CREDIT

GOOGLE

The work spans five divisions and includes design, engineering, supply, installation, and commissioning.

Written By

RAJ ANAND

IMAGE CREDIT

GOOGLE

Crompton must complete the entire project within six months, showcasing its strong execution capability.

Written By

RAJ ANAND

IMAGE CREDIT

GOOGLE

The stock opened at ₹292.95 and touched an intraday high of ₹293.65 on the BSE.

Written By

RAJ ANAND

IMAGE CREDIT

GOOGLE

Despite today’s uptick, shares have fallen 22% this year and 26% in the past 12 months.

Written By

RAJ ANAND

IMAGE CREDIT

GOOGLE

In Q1 FY26, Crompton reported ₹122.3 crore net profit — down 19.4% year-on-year.

Written By

RAJ ANAND

IMAGE CREDIT

GOOGLE

Read more stories

This SIP Gave ₹88 Lakh in 10 Years! Check These Top-Performing Mutual Funds by AUM