CG Consumer Share Price: CG Consumer shares down 0.35% as Nifty drops

NEW DELHI: Shares of Crompton Greaves Consumer Electricals Ltd. traded 0.35 per cent down in Monday’s trade at 12:44PM (IST). Around 13,113 shares changed hands on the counter.

The scrip opened at Rs 494.9 and touched an intraday high and low of Rs 497.0 and Rs 486.05, respectively, in the session so far. Shares of the company of Crompton Greaves Consumer Electricals Ltd. quoted a 52-week high of Rs 498.0 and a 52-week low of Rs 248.85.

Total market cap of the Crompton Greaves Consumer Electricals Ltd. stood at Rs 30791.17 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 same quarter a year ago.

Shareholding pattern

As of 30-Jun-2021, domestic institutional investors held 31.48 per cent stake in the company, while foreign institutional investors held 50.45 per cent and the promoters 5.99 per cent.

Valuation ratio

According to BSE data, the stock traded at a P/E multiple of 48.37 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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