Share price of Crompton Greaves Consumer Electricals Ltd. rises as Nifty strengthens

Shares of Crompton Greaves Consumer Electricals Ltd. gained 1.93 per cent to Rs 250.5 in Thursday's trade as of 01:27PM (IST).

The stock hit a high price of Rs 251.3 and low of Rs 244.7 during the session.

The return on equity (ROE) for the stock stood at 33.8 per cent. Traded volume on the counter stood at 01:27PM shares and turnover at Rs 0.14 crore around that time.


The stock of Crompton Greaves Consumer Electricals Ltd. quoted a 52-week high and 52-week low prices of Rs 301.45 and Rs 177.9, 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 0.0 per cent stake in the company as of 30-Jun-2020, while FIIs held 29.92 per cent and domestic institutional investors had 24.6 per cent.

Key Financials
The company reported consolidated sales of Rs 1026.34 crore for the quarter ended 31-Mar-2020, down 4.2 per cent from previous quarter's Rs 1071.29 crore and down 14.96 per cent from the year-ago quarter's Rs 1206.88 crore.

Net profit after tax for the latest quarter stood at Rs 102.1 crore, down 27.35 per cent from the same quarter a year ago.