Crompton Greaves shares down 1.29% as Nifty gains
Crompton Greaves Consumer Electricals Ltd. rose 1.29 per cent to Rs 441.35 in Friday's trade. It hit an intraday high of Rs 451.05 and low of Rs 436.7, respectively, during the day.
The stock quoted a 52-week high price of Rs 451.05 and low of Rs 262.1.
As of 01:49PM (IST), the counter saw total traded volume of 127,120 shares with a traded value of Rs 5.6 crore, according to NSE.
The stock had closed at Rs 447.15 in the previous session.
The scrip has advanced 3.01 per cent in the past one month till date, while the benchmark BSE Sensex has gained 3.32 per cent during the same period.
According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 64.46 while price-to-book ratio stood at 5.73. 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 30-Jun-2024, while FII and MF ownership in the firm stood at 34.36 per cent and 42.31 per cent, respectively.
Key Financials The company reported consolidated sales of Rs 1977.04 crore for the quarter ended 31-Mar-2024, up 15.66 per cent from the previous quarter's Rs 1709.36 crore and up 9.37 per cent from the year-ago quarter's Rs 1807.73 crore. Its
