Crompton Greaves shares up 0.49% as Nifty falls
Crompton Greaves Consumer Electricals Ltd. rose 0.49 per cent to Rs 291.8 in Thursday's trade. It hit an intraday high of Rs 293.5 and low of Rs 288.6, respectively, during the day.
The stock quoted a 52-week high price of Rs 327.8 and low of Rs 251.25.
As of 12:07PM (IST), the counter saw total traded volume of 44,169 shares with a traded value of Rs 1.28 crore, according to NSE.
The stock had closed at Rs 290.35 in the previous session.
The scrip has declined -5.96 per cent in the past one month till date, while the benchmark BSE Sensex has slipped -0.35 per cent during the same period.
According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 43.06 while price-to-book ratio stood at 7.01. A higher P/E ratio shows that investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations. The price-to-book value indicates the inherent value of a company and it reflects the price investors are ready to pay even for no growth in a business.
The stock belongs to the Electronics/Electricals industry.
Promoter/FII Holding Promoters held 0.0 per cent stake in the company as of 31-Dec-2023, while FII and MF ownership in the firm stood at 35.58 per cent and 36.01 per cent, respectively.
Key Financials The company reported consolidated sales of Rs 1709.36 crore for the quarter ended 31-Dec-2023, down 4.88 per cent from the previous quarter's Rs 1797.15 crore and down 11.18 per cent from the year-ago quarter's Rs 1537.51 crore.
