Crompton wins Rs 4.76 crore Madhya Pradesh solar pumping order

Govt Defence OrderBusiness Updates View source PDF Explain this filing

CROMPTON · price

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Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.3%-0.7% vs market

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On the reaction day the stock moved 0.7 pts less than Nifty Smallcap 250 and 0.5 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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AI summary

Crompton Greaves received an order for 232 off-grid solar water pumping systems in Madhya Pradesh, with capacities of 2 HP, 3 HP, 5 HP and 7.5 HP. The order, excluding GST, is worth about Rs 4.76 crore and is to be completed within 120 days under the PM KUSUM B scheme.

Likely market impact

The contract adds near-term domestic revenue and supports Crompton's solar pump business, but the filing gives no details on margins or overall financial impact.