Crompton Greaves shares down 0.84% as Nifty drops

A total of 23,797 shares changed hands on the counter till 12:26PM (IST).

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NEW DELHI: Shares of Crompton Greaves Consumer Electricals Ltd . traded 0.84 per cent down in Monday's trade at 12:26PM (IST).

Around 23,797 shares changed hands on the counter. The scrip opened at Rs 424.8 and touched an intraday high and low of Rs 426.



0 and Rs 418.45, respectively, in the session so far. Shares of the company of Crompton Greaves Consumer Electricals Ltd .

quoted a 52-week high of Rs 483.65 and a 52-week low of Rs 262.1.

As per BSE , the total market cap of the Crompton Greaves Consumer Electricals Ltd. stood at Rs 26980.6 crore at the time of writing this report.

Key Financials The company reported consolidated net sales of Rs 2161.47 crore for the quarter ended 30-Jun-2024, up 9.33 per cent from previous quarter's Rs 1977.

04 crore and up 13.96 per cent from the year-ago quarter's Rs 1896.65 crore.

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Shareholding pattern As of 30-Jun-2024, domestic institutional investors held 42.31 per cent stake in the firm, while foreign institutional investors held 34.36 per cent and the promoters 0.

0 per cent. Valuation ratio According to BSE data, the stock traded at a P/E multiple of 57.01 and a price-to-book ratio of 5.

73. 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. (You can now subscribe to our ETMarkets WhatsApp channel ).