Share price of Crompton Greaves rises as Nifty weakens

economictimes.indiatimes.com:

Crompton Greaves Consumer Electricals Ltd. gained 0.42 per cent to Rs 292.6 in Thursday's trade as of 01:19PM (IST).

The stock hit a high price of Rs 293.2 and low of Rs 290.55 during the session. The return on equity (ROE) for the stock stood at 18.38 per cent.

Traded volume on the counter stood at 01:19PM shares and turnover at Rs 4310.0 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 1807.73 crore for the quarter ended 31-Mar-2023, up 17.58 per cent from previous quarter's Rs 1537.51 crore and up 15.14 per cent from the year-ago quarter's Rs 1570.07 crore.