Crompton Greaves bags INR 46 crore solar pump order under PM-KUSUM

Govt Defence OrderBusiness Updates View source PDF Explain this filing

CROMPTON · price

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Price reactionminutes from the announcement price · days from the prior close

-0.7%Reaction day

₹259.10

prior close

₹257.85

announcement price

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Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.1%-0.8% vs market

Household Appliances peers, median of 21sector+0.1%-0.9% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Smallcap 250 and 0.9 pts less than its Household Appliances peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Smallcap 250Sector · Household Appliances peers, median of 21Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Crompton Greaves Consumer Electricals has received an order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 2,000 Solar Photovoltaic Water Pumping Systems worth INR 46.20 crore (excluding GST). The order falls under the MTSKPY/PM-KUSUM scheme for various locations across Maharashtra. Execution is required within 60 days from the date of the Notice to Proceed.

Likely market impact

Positive order win from a state government entity under the PM-KUSUM scheme, adds around INR 46.20 crore to the order book.