Crompton Greaves stock price up 2.15 per cent as Sensex climbs
Crompton Greaves Consumer Electricals Ltd. rose 2.15 per cent to Rs 303.55 at 11:46AM hours (IST) on Monday. Earlier in the day, the stock saw a gap up start to the session.
As per data available on BSE, total traded quantity on the counter stood at 137,652 shares with a turnover of Rs 4.14 crore till 11:46AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 45.25, while the price-to-book value ratio stood at 7.01.
Return on equity (ROE) was at 18.38 per cent, according to exchange data. The stock hit an intraday high of Rs 304.7 and a low of Rs 298.15 during the session and quoted a 52-week high price of Rs 327.8 and a 52-week low of Rs 251.25.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 0.82.
Technical Indicators
The 200-DMA (day moving average) of the stock stood at Rs 294.47 on April 22, while the 50-DMA was at Rs 285.28. 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 below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
The Relative Strength Index (RSI) of the stood at 65.3. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.
Promoter holding
As of 31-Mar-2024, promoters held 2.54 per cent stake in the company, while FIIs held 32.18 per cent and domestic
