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Elgi Equipments Ltd bags Deming Prize

Posted On: 2019-10-02 11:35:32

Elgi Equipments Ltd, one of the world's leading air-compressor manufacturers, with 2 million installations across 100 countries, has won the coveted 2019 Deming Prize for the sustained application and leverage of TQM (Total Quality Management) across the organization. The Deming Prize is one of the highest awards on TQM (Total Quality Management) in the world and since its establishment in 1951, has been awarded to 251 organizations worldwide. ELGi is the first globally established, industrial air compressor manufacturer, outside of Japan, to win the prestigious award in over 60 years and will formally receive the prize on the 6th of November 2019 in Tokyo, Japan.

Shares of ELGI EQUIPMENTS LTD. was last trading in BSE at Rs.289.35 as compared to the previous close of Rs. 303. The total number of shares traded during the day was 2668 in over 389 trades.

The stock hit an intraday high of Rs. 309.6 and intraday low of 289.35. The net turnover during the day was Rs. 783602.


Source: Equity Bulls

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