CG Consumer Share Price: CG Consumer shares down 1.67% as Nifty drops

NEW DELHI: Shares of Crompton Greaves Consumer Electricals Ltd. traded 1.67 per cent down in Thursday’s trade at 12:49PM (IST). Around 18,806 shares changed hands on the counter.

The stock opened at Rs 457.6 and touched an intraday high and low of Rs 459.8 and Rs 447.25, 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 288.15.

Total market cap of the Crompton Greaves Consumer Electricals Ltd. stood at Rs 28301.52 crore at the time of writing this report.

Key Financials

The company reported consolidated sales of Rs 1401.99 crore for the quarter ended 30-Sep-2021, up 31.02 per cent from previous quarter’s Rs 1070.08 crore and up 13.99 per cent from the year-ago quarter’s Rs 1229.87 crore.

The net profit for latest quarter stood at Rs 158.81 crore, up 12.09 per cent from the corresponding quarter last year.

Shareholding pattern

As of 30-Sep-2021, domestic institutional investors 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 43.29 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.

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