Crompton Greaves share price up 0.42 per cent
Crompton Greaves Consumer Electricals Ltd. traded 0.42 per cent up at Rs 298.3 at around 11:42AM (IST) on Thursday. The stock had closed at Rs 297.05 in the previous session.
Equity benchmark Sensex traded 13.38 points higher at 70519.69 around the same time.
The scrip has declined 14.53 per cent in the last one year till date, while the 30-share index has gained 14.1 per cent during the same period.
The stock's 52-week high price stood at Rs 359.75 and the 52-week low price at Rs 251.25.
Trading volume on the counter stood at 27,736 shares, while it quoted a price-to-earnings ratio of 44.17, an EPS value of 6.75 and a price-to-book value of 7.01. In the Nifty50 pack, 28 stocks traded in the green, while 21 stocks were in the red.
Promoter/FII Holding Promoters held 2.54 per cent stake in the company as of 30-Sep-2023, while foreign institutional investors and mutual funds' ownership stood at 35.66 per cent and 35.43 per cent, respectively.
Key Financials For the quarter ended 30-Sep-2023, the company reported consolidated sales of Rs 1797.15 crore, down 5.25 per cent from the previous quarter's Rs 1896.65 crore and down 4.62 per cent from the year-ago quarter's Rs 1717.8 crore. The company reported net profit of Rs 97.22 crore for the latest quarter.
Technical Indicators The MACD signalled a bullish 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, called the signal line, is plotted on top of the MACD to reflect «buy» or «sell» opportunities.
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