Share price of Crompton Greaves jumps as Sensex drops 58.73 points

The share price of Crompton Greaves Consumer Electricals Ltd. gained 0.55 per cent to Rs 401.75 at 10:05AM (IST) in Friday's trade. The counter has hit a high of Rs 403.05 and low of Rs 398.55 so far during the session. The stock had closed at Rs 399.55 in the previous session.

The counter has had a total traded volume of 3072 shares so far with a value of Rs 0.12 crore on the NSE. It traded at a price-to-earnings multiple of 42.13 and a price-to-book ratio of 9.65.

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 declined 16.11 per cent during the past one year, while the 30-share index slipped -2.65 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-2022, while FIIs and domestic institutional investors ownership stood at 37.27 per cent and 32.58 per cent, respectively.

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 the previous quarter's Rs 1570.07 crore and up 75.07 per cent from the year-ago quarter's Rs 1070.08 crore.

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