CG Consumer Share Price: CG Consumer shares down 0.86% as Nifty drops

NEW DELHI: Shares of Crompton Greaves Consumer Electricals Ltd. traded 0.86 per cent down in Tuesday’s trade at 12:39PM (IST). Around 16,141 shares changed hands on the counter.

The scrip opened at Rs 475.15 and touched an intraday high and low of Rs 477.55 and Rs 467.5, respectively, in the session so far. The stock of Crompton Greaves Consumer Electricals Ltd. quoted a 52-week high of Rs 512.05 and a 52-week low of Rs 288.15.

Total market cap of the Crompton Greaves Consumer Electricals Ltd. stood at Rs 29566.97 crore at the time of writing this report.

Key Financials

The company reported consolidated sales of Rs 1401.99 crore for the quarter ended 30-Sep-2021, up 31.02 per cent from previous quarter’s Rs 1070.08 crore and up 13.99 per cent from the year-ago quarter’s Rs 1229.87 crore.

The net profit for latest quarter stood at Rs 158.81 crore, up 12.09 per cent from the same quarter a year ago.

Shareholding pattern

As of 30-Sep-2021, domestic institutional investors held 30.77 per cent stake in the firm, while foreign institutional investors held 51.19 per cent and the promoters 5.99 per cent.

Valuation ratio

According to BSE data, the stock traded at a P/E multiple of 45.23 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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