CG Consumer share price: CG Consumer shares up 0.73% as Nifty gains

NEW DELHI: Shares of Crompton Greaves Consumer Electricals Ltd. traded 0.73 per cent up in Wednesday’s trade at 11:44AM (IST). Around 17,444 shares changed hands on the counter.

The stock opened at Rs 387.0 and touched an intraday high and low of Rs 388.1 and Rs 380.8, respectively, in the session so far. Shares of the company of Crompton Greaves Consumer Electricals Ltd. quoted a 52-week high of Rs 455.6 and a 52-week low of Rs 196.4.

Total market cap of the Crompton Greaves Consumer Electricals Ltd. stood at Rs 24247.72 crore at the time of writing this report.

Key Financials

The company reported consolidated sales of Rs 1368.06 crore for the quarter ended 31-Dec-2020, up 11.24 per cent from previous quarter’s Rs 1229.87 crore and up 25.64 per cent from the year-ago quarter’s Rs 1088.83 crore.

The net profit for latest quarter stood at Rs 151.09 crore, down 6.14 per cent from the corresponding quarter last year.

Shareholding pattern

As of 31-Mar-2021, DIIs held 27.9 per cent stake in the firm, while foreign institutional investors held 48.0 per cent and the promoters 11.36 per cent.

Valuation ratio

According to BSE data, the stock traded at a price-to-earnings multiple of 51.63 and a price-to-book ratio of 8.92. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

Crompton Greaves Consumer Electricals Ltd. belongs to the Electronics/Electricals industry.

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