Crompton Greaves shares 1.31% as Sensex falls
Crompton Greaves Consumer Electricals Ltd. traded 1.31 per cent at Rs 380.00 at 01:02PM (IST) on Tuesday, even as BSE benchmark Sensex 268.98 points to 78513.26.
The stock had closed at Rs 385.05 in the previous session. The stock quoted a 52-week high price of Rs 483.65 and 52-week low of Rs 262.10, respectively. As per BSE data, total traded volume on the counter till 01:02PM (IST) stood at 158333 shares with a turnover of Rs 5.99 crore.
At the prevailing price, the stock traded at 51.56 times its trailing 12-month earnings per share of Rs 7.35 per share and 5.73 times its price-to-book value, BSE data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future.
Price-to-book value indicates the inherent value of a company and reflects the price investors are ready to pay even for no growth in the business. The stock's Beta value, which measures its volatility in relation to the broader market, stood at 0.8164.
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