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    Crompton Greaves share price up 1.08 per cent

    Synopsis

    A total of 9,064 shares changed hands on the counter till 10:26AM (IST).

    A man walks past the Bombay Stock Exchange (BSE) building in MumbaiReuters
    Stocks in focus: RIL, Tata Motors, Infosys, IIFL Securities, Apollo Hospitals, Punjab National Bank, NBCC and more..
    Shares of Crompton Greaves Consumer Electricals Ltd. traded 1.08 per cent up at Rs 303.9 at around 10:26AM (IST) on Tuesday. The stock had closed at Rs 300.65 in the previous session. Equity benchmark Sensex traded 22.12 points higher at 59310.47 around the same time.


    The scrip has declined 29.1 per cent in the last one year till date, while the 30-share index has gained 6.18 per cent during the same period.

    The stock's 52-week high price stood at Rs 430.7 and the 52-week low price at Rs 291.65.

    Trading volume on the counter stood at 9,064 shares, while it quoted a price-to-earnings ratio of 37.93, an EPS value of 8.0 and a price-to-book value of 9.65. In the Nifty50 pack, 25 stocks traded in the green, while 25 stocks were in the red.

    Promoter/FII Holding
    Promoters held 2.54 per cent stake in the company as of 31-Dec-2022, while FII and mutual funds' ownership stood at 39.54 per cent and 32.37 per cent, respectively.

    Key Financials
    For the quarter ended 31-Dec-2022, the company reported consolidated sales of Rs 1537.51 crore, down 10.5 per cent from the previous quarter's Rs 1717.8 crore and down 7.92 per cent from the year-ago quarter's Rs 1424.63 crore. The company reported net profit of Rs 85.25 crore for the latest quarter.

    Technical Indicators
    The MACD signalled a bullish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
    The Economic Times

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