Crompton Greaves shares gain 1.14% as Sensex rises
Crompton Greaves Consumer Electricals Ltd. traded 1.14 per cent higher in Friday's session at 12:17PM (IST). The stock opened at Rs 439.35 and has touched an intraday high and low of Rs 439.95 and Rs 434.25, respectively, during the session so far.
The stock quoted a 52-week high of Rs 470.5 and a 52-week low of 262.1. About 12,482 shares changed hands on the counter so far.
Benchmark Nifty50 was up 236.75 points at 24353.75, while the BSE Sensex traded 790.67 points higher at 79676.89 at the time of writing of this report.
In the Nifty pack, 42 stocks traded the day in the green, while 8 were in the red.
Key Financials For the quarter ended 30-Jun-2024, the company reported consolidated sales of Rs 2161.47 crore, up 9.33 per cent from the previous quarter's Rs 1977.04 crore and up 13.96 per cent from the year-ago quarter. The company reported net profit of Rs 151.72 crore for the latest quarter.
Promoter Holdings Promoters held 2.54 per cent stake in the company as of 30-Jun-2024, while FIIs held 34.37 per cent and MFs 42.31 per cent.
Technicals On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 332.16 on August 09, while the 50-DMA was at Rs 422.88. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered as bearish trend and if trades between these averages, then it suggests the stock can go either way.
(You can now subscribe to our ETMarkets Read more on economictimes.indiatimes.com
