The counter opened at Rs 416.0 and touched an intraday high and low of Rs 422.0 and Rs 414.45, 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 224.7.
Total market cap of the Crompton Greaves Consumer Electricals Ltd. stood at Rs 26130.79 crore at the time of writing this report.
Key Financials
The company reported consolidated 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 corresponding quarter last year.
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 price-to-earnings multiple of 42.38 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.
