CG Consumer Share Price: CG Consumer share price up 0.33 per cent

Shares of Crompton Greaves Consumer Electricals Ltd. traded 0.33 per cent up at Rs 481.45 at around 10:46AM (IST) on Tuesday. The stock had closed at Rs 479.85 in the previous session. Equity benchmark Sensex traded 134.11 points lower at 60001.67 around the same time.

The scrip has climbed 78.38 per cent in the last one year till date, while the 30-share index has gained 60.48 per cent during the same period.

The stock’s 52-week high price stood at Rs 512.05 and the 52-week low price at Rs 260.2.

Trading volume on the counter stood at 6,604 shares, while it quoted a price-to-earnings ratio of 47.42, an EPS value of 10.14 and a price-to-book value of 12.79. In the Nifty50 pack, 18 stocks traded in the green, while 32 stocks were in the red.

Promoter/FII Holding
Promoters held 5.99 per cent stake in the company as of 30-Jun-2021, while overseas investor and mutual funds’ ownership stood at 50.45 per cent and 31.48 per cent, respectively.

Key Financials
For the quarter ended 30-Jun-2021, the company reported consolidated sales of Rs 1070.08 crore, down 30.63 per cent from the previous quarter’s Rs 1542.65 crore and down 44.86 per cent from the year-ago quarter’s Rs 738.68 crore. The company reported net profit of Rs 94.76 crore for the latest quarter.

Technical Indicators

The MACD signalled a bearish 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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