The stock opened at Rs 441.25 and touched an intraday high and low of Rs 448.35 and Rs 436.75, respectively, in the session so far. The stock of Crompton Greaves Consumer Electricals Ltd. quoted a 52-week high of Rs 498.0 and a 52-week low of Rs 248.85.
As per BSE, the total market cap of the Crompton Greaves Consumer Electricals Ltd. stood at Rs 27771.38 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 P/E multiple of 43.62 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.
