The share price of Crompton Greaves Consumer Electricals Ltd. gained 1.26 per cent to Rs 385.2 at 11:31AM (IST) in Wednesday’s trade. The counter has hit a high of Rs 388.15 and low of Rs 377.5 so far during the session. The stock had closed at Rs 380.4 in the previous session.
The counter has had a total traded volume of 41096 shares so far with a value of Rs 1.58 crore on the NSE. It traded at a price-to-earnings multiple of 37.19 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 reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 1.4 per cent during the past one year, while the 30-share index advanced 21.36 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 31-Dec-2021, while overseas investors and domestic institutional investors ownership stood at 40.17 per cent and 31.06 per cent, respectively.
Key Financials
The firm reported consolidated 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.
Profit for the latest quarter stood at Rs 148.26 crore, down 1.87 per cent from the same quarter a year ago.
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