Share price of Crompton Greaves falls as Sensex drops 53.9 points

economictimes.indiatimes.com:

Crompton Greaves Consumer Electricals Ltd. dropped 0.96 per cent to Rs 296.3 at 01:14PM (IST) in Tuesday's trade. The scrip hit a high of Rs 300.2 and low of Rs 295.25 so far during the session. The stock had closed at Rs 299.2 in the previous session.
The counter had a total traded volume of 01:14PM shares so far with a turnover of Rs 0.45 crore on BSE. The stock traded at a price-to-earnings multiple of 43.76 and a price-to-book ratio of 7.01.

A higher P/E ratio shows 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 is the measure of the price that investors are ready to pay even for no growth in the business.
Crompton Greaves Consumer Electricals Ltd. belongs to the Electronics/Electricals industry.
Promotor/FII Holding Promoters held 2.54 per cent stake in the company as of 31-Dec-2023, while FIIs and domestic institutional investors ownership stood at 35.58 per cent and 47.45 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.
Its profit for the latest quarter stood at Rs 85.99 crore, up 0.87 per cent from the same quarter a year ago.