CG Consumer shares fall 0.54% as Nifty drops
The stock quoted a 52-week high price of Rs 512.05 and a 52-week low of Rs 350.35.
By ETMarkets.com |
Shares of Crompton Greaves Consumer Electricals Ltd. traded 0.54 per cent down at Rs 434.65 on Wednesday at around 01:09PM (IST), while the benchmark BSE Sensex declined 665.18 points to 60089.68.
As many as 19,617 shares changed hands on the counter with a total value of Rs 0.85 crore.
The stock quoted a 52-week high price of Rs 512.05 and a 52-week low of Rs 350.35.
On the technical charts, the 200-DMA of the stock stood at Rs 438.61, while 50-DMA was at Rs 438.74. If a stock trades above 50 DMA and 200 DMA, it usually means the immediate trend is up. On the other hand, if the stock trades below 50 DMA and 200 DMA both, it is considered a bearish trend and if it trades between 50DMA and 200DMA, then it suggests the stock can go anywhere.
Shares of the company have advanced 8.59 per cent in the past one year, while Sensex has risen 31.9 per cent during the same period.
According to BSE data, the stock trades at a price-to-earnings multiple of 41.79 and a price-to-book ratio of 12.79. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price to book value indicates the inherent value of a company and reflects the price that investors are ready to pay even for no growth in a business. The stock belongs to the Electronics/Electricals industry.
As many as 19,617 shares changed hands on the counter with a total value of Rs 0.85 crore.
The stock quoted a 52-week high price of Rs 512.05 and a 52-week low of Rs 350.35.
On the technical charts, the 200-DMA of the stock stood at Rs 438.61, while 50-DMA was at Rs 438.74. If a stock trades above 50 DMA and 200 DMA, it usually means the immediate trend is up. On the other hand, if the stock trades below 50 DMA and 200 DMA both, it is considered a bearish trend and if it trades between 50DMA and 200DMA, then it suggests the stock can go anywhere.
Shares of the company have advanced 8.59 per cent in the past one year, while Sensex has risen 31.9 per cent during the same period.
According to BSE data, the stock trades at a price-to-earnings multiple of 41.79 and a price-to-book ratio of 12.79. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price to book value indicates the inherent value of a company and reflects the price that investors are ready to pay even for no growth in a business. The stock belongs to the Electronics/Electricals industry.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
ADVERTISEMENT
