CG Consumer Share Price: CG Consumer shares down 0.77% as Nifty gains

NEW DELHI: Shares of Crompton Greaves Consumer Electricals Ltd. traded 0.77 per cent down in Tuesday’s trade at 02:08PM (IST). Around 56,798 shares changed hands on the counter.

The stock opened at Rs 475.55 and touched an intraday high and low of Rs 475.55 and Rs 455.5, respectively, in the session so far. The stock of Crompton Greaves Consumer Electricals Ltd. quoted a 52-week high of Rs 512.05 and a 52-week low of Rs 279.7.

Total market cap of the Crompton Greaves Consumer Electricals Ltd. stood at Rs 29516.73 crore at the time of writing this report.

Key Financials

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

The net profit for latest quarter stood at Rs 94.76 crore, up 26.68 per cent from the same quarter a year ago.

Shareholding pattern

As of 30-Sep-2021, DIIs held 30.77 per cent stake in the company, while foreign institutional investors held 51.19 per cent and the promoters 5.99 per cent.

Valuation ratio

According to BSE data, the stock traded at a P/E multiple of 46.37 and a price-to-book ratio of 12.79. 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.

Source Link