CG Consumer share price: CG Consumer shares up 1.09% as Nifty gains

NEW DELHI: Shares of Crompton Greaves Consumer Electricals Ltd. traded 1.09 per cent up in Thursday’s trade at 12:20PM (IST). Around 13,995 shares changed hands on the counter.

The stock opened at Rs 401.15 and touched an intraday high and low of Rs 405.6 and Rs 399.65, 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 217.4.

Total market cap of the Crompton Greaves Consumer Electricals Ltd. stood at Rs 25368.15 crore at the time of writing this report.

Key Financials

The company reported consolidated net sales of Rs 1542.65 crore for the quarter ended 31-Mar-2021, up 12.76 per cent from previous quarter’s Rs 1368.06 crore and up 48.57 per cent from the year-ago quarter’s Rs 1038.3 crore.

The net profit for latest quarter stood at Rs 249.08 crore, up 143.96 per cent from the same quarter a year ago.

Shareholding pattern

As of 31-Mar-2021, domestic institutional investors held 27.9 per cent stake in the company, 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 P/E multiple of 41.14 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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