CWD is currently trading at Rs. 989.00, up by 90.00 points or 10.01% from its previous closing of Rs. 899.00 on the BSE.
The scrip opened at Rs. 939.00 and has touched a high and low of Rs. 1078.80 and Rs. 939.00 respectively. So far 7200 shares were traded on the counter.
The BSE group 'MS' stock of face value Rs. 10 has touched a 52 week high of Rs. 1974.95 on 21-Dec-2022 and a 52 week low of Rs. 532.00 on 06-Nov-2023.
Last one week high and low of the scrip stood at Rs. 1078.80 and Rs. 883.00 respectively. The current market cap of the company is Rs. 349.26 crore.
The promoters holding in the company stood at 72.29%, while Non-Institutions held 27.71% in the company.
CWD has entered into the smart meters segment with a ground-breaking communication solution designed to operate on the 2.4GHz frequency. The company’s new smart meter communication solution stands out for its cost-effectiveness and suitability for the diverse Indian markets. The company has taken a thoughtful approach to address the unique challenges in the region, ensuring that the technology is not only advanced but also economically viable for widespread adoption (approximately 250 million conventional meters to be replaced by 2027).
One of the key strengths of the company’s solution lies in its simplicity of deployment and adoption. The user-friendly design facilitates easy installation, making it accessible for both consumers and service providers. This ease of integration is crucial in the context of the dynamic Indian market, where a seamless transition to smart metering solutions is highly valued.
CWD operates mainly through the segments of Consumer Electronics and Design and Development of Technology Solutions for various Enterprises and Businesses.