Share price of Crompton Greaves Consumer Electricals Ltd. jumps as Sensex gains 276.38 points

Share price of Crompton Greaves Consumer Electricals Ltd. gained 1.86 per cent to Rs 265.25 at 10:15AM (IST) in Tuesday's trade. The stock hit a high of Rs 265.8 and low of Rs 260.4 so far during the session. The stock had closed at Rs 260.4 in the previous session.

The counter had a total traded volume of 10:15AM shares so far with a turnover of Rs 0.14 crore on BSE. The stock traded at a price-to-earnings multiple of 37.03 and a price-to-book ratio of 11.32.

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 0.0 per cent stake in the company as of 30-Jun-2020, while foreign investors and domestic institutional investors ownership stood at 29.92 per cent and 24.6 per cent, respectively.

Key Financials
The firm reported consolidated net sales of Rs 720.1 crore for the quarter ended 30-Jun-2020, down 29.84 per cent from the previous quarter's Rs 1026.34 crore and down 46.53 per cent from the year-ago quarter's Rs 1346.84 crore.

Its profit for the latest quarter stood at Rs 74.8 crore, down 38.91 per cent from the same quarter a year ago.