Crompton Greaves Consumer Electricals Ltd. fell 0.67 per cent to Rs 390.95 in Friday's trade as of 11:51AM (IST) even as the benchmark Nifty ruled at 22969.55, up 1.9 points.
The scrip had closed at Rs 393.6 in the previous session. The stock quoted a 52-week low of Rs 262.1 and a high of Rs 410.0. The company quoted a market-cap of Rs 25319.12 crore on the BSE.
On BSE, 65,172 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 57.55 times its trailing 12-month EPS of Rs 6.84 per share and 5.73 times its book value. The return on equity (ROE) stood at Rs 14.66.
Key Financials For the quarter ended 31-Mar-2024, Crompton Greaves Consumer Electricals Ltd. reported consolidated sales of Rs 1977.04 crore, up 9.37 per cent from the same quarter a year ago. The company reported 5.49 per cent YoY growth in net profit at Rs 138.36 crore for the latest quarter.
Technical indicators The relative strength index (RSI) of the stock stood at Friday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a «buy» or «sell» recommendation using a single valuation ratio.