Share price of Crompton Greaves falls as Sensex gains 189.97 points
Promoters held 0.0 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 34.36 per cent and 42.31 per cent, respectively.
By ETMarkets.com |
ETMarkets.com
Investors should therefore use dips towards 15,200-15,400 to their advantage to accumulate quality largecaps and midcaps.
The share price of Crompton Greaves Consumer Electricals Ltd. dropped 0.1 per cent to Rs 466.3 at 12:07PM (IST) in Wednesday's trade. The stock has hit a high of Rs 469.2 and low of Rs 464.3 so far during the session. The stock had closed at Rs 466.8 in the previous session.
The counter has had a total traded volume of 12848 shares so far with a value of Rs 0.6 crore on the NSE. It traded at a price-to-earnings multiple of 63.29 and a price-to-book ratio of 5.73.
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 reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 47.54 per cent during the past one year, while the 30-share index advanced 24.7 per cent during the same period.
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-2024, while foreign investors and domestic institutional investors ownership stood at 34.36 per cent and 42.31 per cent, respectively.
Key Financials
The company reported consolidated net sales of Rs 2161.47 crore for the quarter ended 30-Jun-2024, up 9.33 per cent from the previous quarter's Rs 1977.04 crore and up 13.96 per cent from the year-ago quarter's Rs 1896.65 crore.
Profit for the latest quarter stood at Rs 151.72 crore, up 28.2 per cent from the same quarter a year ago.
The counter has had a total traded volume of 12848 shares so far with a value of Rs 0.6 crore on the NSE. It traded at a price-to-earnings multiple of 63.29 and a price-to-book ratio of 5.73.
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 reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 47.54 per cent during the past one year, while the 30-share index advanced 24.7 per cent during the same period.
Crompton Greaves Consumer Electricals Ltd. belongs to the Electronics/Electricals industry.
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Promotor/FII Holding
Promoters held 0.0 per cent stake in the company as of 30-Jun-2024, while foreign investors and domestic institutional investors ownership stood at 34.36 per cent and 42.31 per cent, respectively.
Key Financials
The company reported consolidated net sales of Rs 2161.47 crore for the quarter ended 30-Jun-2024, up 9.33 per cent from the previous quarter's Rs 1977.04 crore and up 13.96 per cent from the year-ago quarter's Rs 1896.65 crore.
Profit for the latest quarter stood at Rs 151.72 crore, up 28.2 per cent from the same quarter a year ago.
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