Share price of Crompton Greaves rises as Nifty strengthens

economictimes.indiatimes.com:

Crompton Greaves Consumer Electricals Ltd. gained 0.63 per cent to Rs 292.55 in Monday's trade as of 12:44PM (IST).

The stock hit a high price of Rs 292.85 and low of Rs 289.85 during the session. The return on equity (ROE) for the stock stood at 18.38 per cent.

Traded volume on the counter stood at 12:44PM shares and turnover at Rs 6850.0 crore around that time. The stock of Crompton Greaves Consumer Electricals Ltd.

quoted a 52-week high and 52-week low prices of Rs 428.8 and Rs 251.25, respectively. The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.82.Promotor/FII Holding Promoters held 2.54 per cent stake in the company as of 30-Jun-2023, while overseas investors held 35.0 per cent and domestic institutional investors had 48.45 per cent.Key Financials The company reported consolidated sales of Rs 1896.65 crore for the quarter ended 30-Jun-2023, up 4.92 per cent from previous quarter's Rs 1807.73 crore and up 1.24 per cent from the year-ago quarter's Rs 1873.35 crore.