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Know why industrialist Gautam Thapar will be a happy man today

Know why industrialist Gautam Thapar will be a happy man today
Stock Market1 min read

Crompton Greaves was the top gainer on the Futures and Options market on news reports that the industrial equipment maker had signed a large contract to supply electrical motors to global cement giant Lafarge.

Crompton Futures rose 6.60 rupees, or 3.7 percent, to 183.70 rupees in Futures trade. The company has a market capitalization of 11,720 crore rupees.

Crompton posted a profit of 85 crore rupees on sales of 2,147 crore rupees for the quarter ended March 2015 compared with a PAT of 395 crores and sales of 1,858 crores in December 2014.

(image credits: avanthagroup)

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