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    Crompton Greaves declines 1.86% as Sensex climbs

    Synopsis

    The stock traded at a P/E multiple of 39.23, while the price-to-book value ratio stood at 9.65.

    Stock market-1200ThinkStock Photos
    Shares of Crompton Greaves Consumer Electricals Ltd. traded at Rs 313.15 on BSE at 01:27PM (IST) on Wednesday, down 1.86 per cent from previous close.

    The scrip quoted a 52-week low price of Rs 294.1 and a high of Rs 430.7.

    Earlier, shares of the company saw a gap up opening in the morning.

    A total of 13,994 lakh shares changed hands on the counter till 01:27PM (IST).

    The stock of Crompton Greaves Consumer Electricals Ltd. commanded a market value of Rs 19950.91 crore, according to BSE.

    The stock traded at a price-to-earning (P/E) multiple of 39.23, while the price-to-book value ratio stood at 9.65. Return on equity (ROE) was at 24.99 per cent, according to exchange data.

    In the BSE500 pack, 336 stocks traded in the green, while 165 stocks were in the red.

    The stock's beta value, which measures volatility in relation to the broader market, stood at 0.82.

    Promotor/FII Holding
    Promoters held 0.0 per cent in Crompton Greaves Consumer Electricals Ltd. as of 31-Dec-2022 while foreign portfolio investors and domestic institutional investors owned 37.27 per cent and 32.58 per cent, respectively.

    Moving averages
    The 200-DMA of the stock stood at 364.92 on February 08, while the 50-DMA was at 340.15. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.



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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
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