Crompton Greaves shares down 0.45% as Nifty falls
Crompton Greaves Consumer Electricals Ltd. rose 0.45 per cent to Rs 318.9 in Wednesday's trade. It hit an intraday high of Rs 321.4 and low of Rs 313.55, respectively, during the day.
The stock quoted a 52-week high price of Rs 348.85 and low of Rs 251.25.
As of 10:57AM (IST), the counter saw total traded volume of 15,452 shares with a traded value of Rs 0.5 crore, according to NSE.
The stock had closed at Rs 320.35 in the previous session.
The scrip has advanced 10.27 per cent in the past one month till date, while the benchmark BSE Sensex has gained 0.83 per cent during the same period.
According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 47.75 while price-to-book ratio stood at 7.01. A higher P/E ratio shows that investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and it reflects the price investors are ready to pay even for no growth in a business.
The stock belongs to the Electronics/Electricals industry.
Promoter/FII Holding Promoters held 0.0 per cent stake in the company as of 31-Dec-2023, while FII and MF ownership in the firm stood at 35.58 per cent and 36.01 per cent, respectively.
