Difference between crompton and crompton greaves
Answers
Answer:
Crompton Greaves Consumer Electricals, the demerged arm of Crompton Greaves, made a strong debut on exchanges today, with shares in the company rising to Rs 135.45 in intraday trade. Analysts polled by NDTV Profit expected Crompton Greaves Consumer Electricals to list between Rs 110-120.
Answer:
Crompton Greaves has been divided into two companies: Cromptons and CG Industrial Solutions Pvt. Ltd.
Explanation:
What is the distinction between Crompton and Crompton Greaves?
Crompton Greaves' electrical and consumer divisions were divided two or three years ago. Crompton refers to the commercial district, whilst Crompton Greaves relates to the electrical industry.
Crompton Greaves was split into two firms in March 2016:
- Crompton Greaves
- Crompton Greaves Consumer Electricals
Crompton Greaves maintains the power business, which comprises
- power transmission and
- related equipment
While Crompton Greaves Consumer Electricals manages the consumer electrical business.