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Crompton Greaves Consumer Electricals Ltd shares are up 3.10% on the NSE. At 10:05 a.m. on Monday, the stock was up 3.61 percent (IST). On the exchange, approximately 20,692 shares were traded.
The stock opened at Rs 309.0 and has since reached intraday highs and lows of Rs 316.25 and Rs 303.65, respectively. Crompton Greaves Consumer Electricals Ltd. shares have a 52-week high of Rs 430.7 and a 52-week low of Rs 294.1.
Crompton Greaves Consumer Electricals Ltd. had a total market worth of Rs 19922.3 crore at the time of writing this report, according to the BSE.
The company recorded consolidated net sales of Rs 1537.51 crore for the quarter ended 31-Dec-2022, a decrease of 10.5% from the previous quarter’s Rs 1717.8 crore and 7.92% from the previous year’s Rs 1424.63 crore.
The last quarter’s net profit was Rs 85.25 crore, a 42.5 percent decrease from the previous quarter.
DIIs owned 32.58 percent of the firm as of December 31, 2022, while foreign institutional investors owned 37.27 percent and promoters owned 0.0 percent.
The stock traded at a P/E multiple of 39.17 and a price-to-book ratio of 9.65, according to BSE data. A higher P/E ratio indicates that investors are willing to pay a greater price for stronger future growth prospects. Price-to-book value reveals a company’s inherent value and is a measure of the price that investors are willing to pay even if the business does not develop.
Crompton Greaves Consumer Electricals Ltd. is a company that works in the Electronics/Electricals industry.