Crompton Greaves Consumer Electricals Ltd. traded 0.67 per cent up at Rs 277.6 at around 10:45AM (IST) on Friday. The stock had closed at Rs 279.5 in the previous session. Equity benchmark Sensex traded 487.61 points lower at 72609.67 around the same time.
The scrip has declined 4.39 per cent in the last one year till date, while the 30-share index has gained 24.68 per cent during the same period.
The stock's 52-week high price stood at Rs 327.8 and the 52-week low price at Rs 251.25.
Trading volume on the counter stood at 42,090 shares, while it quoted a price-to-earnings ratio of 41.02, an EPS value of 6.76 and a price-to-book value of 7.01. In the Nifty50 pack, 8 stocks traded in the green, while 42 stocks were in the red.
Promoter/FII Holding Promoters held 2.54 per cent stake in the company as of 31-Dec-2023, while foreign institutional investors and MF ownership stood at 35.58 per cent and 36.01 per cent, respectively.
Key Financials For the quarter ended 31-Dec-2023, the company reported consolidated sales of Rs 1709.36 crore, down 4.88 per cent from the previous quarter's Rs 1797.15 crore and down 11.18 per cent from the year-ago quarter's Rs 1537.51 crore. The company reported net profit of Rs 85.99 crore for the latest quarter.
Technical Indicators The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average,