Crompton Greaves (CG) is an Indian multinational company. It was founded way back in the year 1878. The headquarters are situated at Worli, Mumbai. The primary industry arena is electrical and the main product line includes transformers, Railway Signaling, DC Motors and HT & LT Motors. As per the official financial report for the fiscal year 2008-09 the total revenue was calculated as Rs.72, 490.80 million. Crompton Greaves belongs to the Avantha Group which is a topnotch Indian business group.
The predecessor of the Crompton Greaves was R.E.B. Crompton & Company founded in the year 1878 by Col. R.E.B. Crompton. Later the company was merged with another company F.A Parkinson in the year 1927 resulting in the formation of Crompton Parkinson Ltd Greaves Cotton and Company. The present name Crompton Greaves Limited was adopted in the year 1966.
Because of its consistent performance it has become one of the largest private sector enterprises in India. In the year 2005 Crompton Greaves acquired the Belgian business entity Pauwels Trafo/Pauwels Group. This acquisition helped Crompton Greaves to enter the elite club of world’s top ten electrical transformer manufacturers. Since then CG has acquired several companies outside India. Among them the notable ones are Microsol (Ireland), Ganz (Hungary), MSE Power Systems (USA) and Sonomatra (France).
As a company existing for more than 100 years it is quite reliable for the traders. It has an amazing growth story. If you have anything to say about the performances of its shares in the stock market you are most welcome to do so. All your stock tips, market analysis & suggestions regarding the buying and selling of Crompton Greaves stocks in the trading arena are very welcome in this platform which discusses Indian Companies and their individual & investors’ growth story. As per the Indian trade pundits both short term and long term investments in the Crompton Greaves are effective value for money.
