The scrip opened at Rs 485.1 and touched an intraday high and low of Rs 495.55 and Rs 483.85, respectively, in the session so far. Shares of the company of Crompton Greaves Consumer Electricals Ltd. quoted a 52-week high of Rs 496.5 and a 52-week low of Rs 238.05.
As per BSE, the total market cap of the Crompton Greaves Consumer Electricals Ltd. stood at Rs 30831.98 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 corresponding quarter last year.
Shareholding pattern
As of 30-Jun-2021, domestic institutional investors held 31.48 per cent stake in the firm, while foreign institutional investors held 40.14 per cent and the promoters 0.0 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 48.43 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.
