Crompton Greaves shares gain 0.92% as Sensex rises
Crompton Greaves Consumer Electricals Ltd. traded 0.92 per cent higher in Tuesday's session at 10:50AM (IST).
The stock opened at Rs 301.3 and has touched an intraday high and low of Rs 308.9 and Rs 301.3, respectively, during the session so far.
The stock quoted a 52-week high of Rs 428.8 and a 52-week low of 251.25. About 49,143 shares changed hands on the counter so far.
Benchmark Nifty50 was up 46.35 points at 19575.15, while the BSE Sensex traded 145.86 points higher at 65774.0 at the time of writing of this report.
In the Nifty pack, 32 stocks traded the day in the green, while 18 were in the red.
Key Financials For the quarter ended 30-Jun-2023, the company reported consolidated sales of Rs 1896.65 crore, up 4.92 per cent from the previous quarter's Rs 1807.73 crore and up 1.24 per cent from the year-ago quarter.
The company reported net profit of Rs 118.35 crore for the latest quarter.
Promoter Holdings Promoters held 2.54 per cent stake in the company as of 30-Jun-2023, while FIIs held 35.0 per cent and MFs 37.49 per cent.
Technicals On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 304.74 on September 05, while the 50-DMA was at Rs 294.55. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward.
