Crompton Greaves stock rises on change in FIIs limit
At 12:53 pm, the stock was trading 2.272 per cent higher on the BSE. The Sensex was trading 1.27 per cent or 27,463 points higher on global cues.
- Dec 19, 2014,
- Updated Dec 19, 2014 1:06 PM IST
The Crompton Greaves stock rose on Friday after the RBI allowed FIIs to invest up to 100 per cent of the paid up capital in the company.
At 12:53 pm, the stock was trading 2.272 per cent higher on the BSE. The Sensex was trading 1.27 per cent or 27,463 points higher on global cues.
The stock reached the day's high of Rs 193 on the BSE.
FIIs held 15.93 per cent shares in the company as of quarter ended September 30, 2014.
The Crompton Greaves stock rose on Friday after the RBI allowed FIIs to invest up to 100 per cent of the paid up capital in the company.
At 12:53 pm, the stock was trading 2.272 per cent higher on the BSE. The Sensex was trading 1.27 per cent or 27,463 points higher on global cues.
The stock reached the day's high of Rs 193 on the BSE.
FIIs held 15.93 per cent shares in the company as of quarter ended September 30, 2014.