Share price of Crompton Greaves falls as Nifty weakens

Shares of Crompton Greaves Consumer Electricals Ltd. slipped 0.99 per cent to Rs 394.1 in Monday's trade as of 12:28PM (IST).

The stock hit a high price of Rs 398.4 and low of Rs 387.3 during the session.

The return on equity (ROE) for the stock stood at 24.99 per cent. Traded volume on the counter stood at 12:28PM shares and turnover at Rs 0.55 crore around that time.

The stock of Crompton Greaves Consumer Electricals Ltd. quoted a 52-week high and 52-week low prices of Rs 493.0 and Rs 312.05, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.82.

Promotor/FII Holding
Promoters held 5.94 per cent stake in the company as of 30-Jun-2022, while overseas investors held 48.16 per cent and domestic institutional investors had 34.09 per cent.

Key Financials
The company reported consolidated sales of Rs 1873.35 crore for the quarter ended 30-Jun-2022, up 19.32 per cent from previous quarter's Rs 1570.07 crore and up 75.07 per cent from the year-ago quarter's Rs 1070.08 crore.

Net profit after tax for the latest quarter stood at Rs 121.01 crore, up 27.7 per cent from the same quarter a year ago.