Crompton Greaves Consumer Electricals Ltd. rose 0.53 per cent to Rs 292.2 in Monday's trade as of 12:08PM (IST) even as the benchmark Nifty ruled at 22400.75, down 92.8 points.
The scrip had closed at Rs 290.65 in the previous session. The stock quoted a 52-week low of Rs 251.25 and a high of Rs 327.8. The company quoted a market-cap of Rs 18658.48 crore on the BSE.
On BSE, 36,287 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 43.12 times its trailing 12-month EPS of Rs 6.76 per share and 7.01 times its book value. The return on equity (ROE) stood at Rs 18.38.
Key Financials For the quarter ended 31-Dec-2023, Crompton Greaves Consumer Electricals Ltd. reported consolidated sales of Rs 1709.36 crore, down 11.18 per cent from the same quarter a year ago. The company reported 0.87 per cent YoY growth in net profit at Rs 85.99 crore for the latest quarter.
Technical indicators The relative strength index (RSI) of the stock stood at Monday. 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.