Crompton Greaves (CG), an engineering firm, witnessed a rise in share price on Thursday after it has bagged an order worth Euro 3.4 million from Saudi Electricity Company (SEC) in the Middle East serving approximately 5 million customers in the Kingdom of Saudi Arabia (KSA), to supply ZIV three phase smart meters.

CG has bagged the largest lot for the supply of the first batch of industrial smart meters after months of close dedication from its application and sales team to understand the customers need which enabled us to offer a customized and competitive products.

Shares of the company are trading at Rs 179.15, up Rs 3.75, or 2.14% at the Bombay Stock Exchange (BSE) on Thursday at 9:41 a.m.

The scrip has touched an intra-day high of Rs 179.90 and low of Rs 178.10. The total volume of shares traded at the BSE is 60,231.