Share price of Crompton Greaves as Nifty strengthens
Crompton Greaves Consumer Electricals Ltd. 0.0 per cent to Rs 300.1 in Wednesday's trade as of 02:05PM (IST). The stock hit a high price of Rs 302.2 and low of Rs 297.5 during the session.
The return on equity (ROE) for the stock stood at 18.38 per cent. Traded volume on the counter stood at 02:05PM shares and turnover at Rs 6.32 crore around that time. The stock of Crompton Greaves Consumer Electricals Ltd.
quoted a 52-week high price of Rs 354.45 and 52-week low prices of Rs 251.25, respectively.
The stock's Beta value, which measures its volatility in relation to the broader market, stood at 0.82.
Promotor/FII Holding Promoters held 0.0 per cent stake in the company as of 30-Sep-2023, while overseas investors held 35.65 per cent and domestic institutional investors had 35.43 per cent.
Key Financials The company reported consolidated sales of Rs 1797.15 crore for the quarter ended 30-Sep-2023, down 5.25 per cent from previous quarter's Rs 1896.65 crore and down 4.62 per cent from the year-ago quarter's Rs 1717.8 crore. Net profit after tax for the latest quarter stood at Rs 97.22 crore, down 22.71 per cent from the same quarter a year ago.
Technicals
The MACD signalled a bullish bias on the counter.
The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on topof the MACD to reflect «buy» or «sell» opportunities.
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