Crompton Greaves stock price down 0.51 per cent as Sensex climbs
As of 31-Mar-2024, promoters held 0.0 per cent stake in the company, while FIIs held 32.18 per cent and domestic institutional investors had 40.21 per cent.
Shares of . fell 0.51 per cent to Rs 398.0 at 01:23PM hours (IST) on Friday. Earlier in the day, the stock saw a gap up start to the session.As per data available on , total traded quantity on the counter stood at 80,734 shares with a turnover of Rs 3.22 crore till 01:23PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 58.78, while the price-to-book value ratio stood at 5.73.
Return on equity (ROE) was at 14.66 per cent, according to exchange data. The stock hit an intraday high of Rs 404.75 and a low of Rs 394.55 during the session and quoted a 52-week high price of Rs 410.0 and a 52-week low of Rs 262.1.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 0.82.
Technical Indicators
The 200-DMA (day moving average) of the stock stood at Rs 305.21 on June 07, while the 50-DMA was at Rs 332.91. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
The Relative Strength Index (RSI) of the stood at 65.45. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.
Promoter holding
As of 31-Mar-2024, promoters held 2.54 per cent stake in the company, while FIIs held 32.18 per cent and domestic institutional investors had 51.15 per cent.
Source: Stocks-Markets-Economic Times
