Share price of CG Consumer falls as Sensex drops 704.41 points

A total of 16,642 shares changed hands on the counter till 12:38PM (IST)

ThinkStock Photos
Share price of Crompton Greaves Consumer Electricals Ltd. dropped 0.73 per cent to Rs 410.2 at 12:38PM (IST) in Monday's trade. The counter hit a high of Rs 414.6 and low of Rs 408.75 so far during the session. The stock had closed at Rs 413.2 in the previous session.

The counter had a total traded volume of 12:38PM shares so far with a turnover of Rs 0.68 crore on BSE. The stock traded at a price-to-earnings multiple of 39.56 and a price-to-book ratio of 12.79.

A higher price-to-earnings 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
ADVERTISEMENT
Promoters held 5.99 per cent stake in the company as of 31-Dec-2021, while foreign investors and domestic institutional investors ownership stood at 50.52 per cent and 32.82 per cent, respectively.

Key Financials
The company reported consolidated net sales of Rs 1424.63 crore for the quarter ended 31-Dec-2021, up 1.62 per cent from the previous quarter's Rs 1401.99 crore and up 4.14 per cent from the year-ago quarter's Rs 1368.06 crore.

Its profit for the latest quarter stood at Rs 148.26 crore, down 1.87 per cent from the same quarter a year ago.
ADVERTISEMENT
READ MORE

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Markets › Stocks › Stock Watch › Share price of CG Consumer falls as Sensex drops 704.41 points
Text Size:AAA
Success
This article has been saved

*

+