Crompton Greaves shares rise 1.45% as Nifty gains
Crompton Greaves Consumer Electricals Ltd. traded 1.45 per cent up at Rs 431.45 on Tuesday at around 11:56AM (IST), while the benchmark BSE Sensex advanced 442.78 points to 81492.78.
As many as 21,958 shares changed hands on the counter with a total value of Rs 0.95 crore.
The stock quoted a 52-week high price of Rs 483.65 and a 52-week low of Rs 262.1.
On the technical charts, the 200-DMA of the stock stood at Rs 364.52, while 50-DMA was at Rs 446.76. If a stock trades above 50 DMA and 200 DMA, it usually means the immediate trend is up. On the other hand, if the stock trades below 50 DMA and 200 DMA both, it is considered a bearish trend and if it trades between 50DMA and 200DMA, then it suggests the stock can go anywhere.
Shares of the company have advanced 43.29 per cent in the past one year, while Sensex has risen 23.48 per cent during the same period.
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