Crompton Greaves rises 1.23% as Sensex slides

Earlier, shares of the company saw a opening in the morning.

A total of 78,600 lakh shares changed hands on the counter till 12:58PM (IST).

The stock of . commanded a market value of Rs 21431.91 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 46.15, while the price-to-book value ratio stood at 7.01. Return on equity (ROE) was at 18.38 per cent, according to exchange data.

In the BSE500 pack, 315 stocks traded in the green, while 186 stocks were in the red.

The stock's beta value, which measures volatility in relation to the broader market, stood at 0.82.

Promotor/FII Holding
Promoters held 0.0 per cent in Ltd. as of 31-Mar-2024 while foreign portfolio investors and domestic institutional investors owned 32.18 per cent and 40.21 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 297.11 on May 15, while the 50-DMA was at 296.63. If a stock trades below 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 as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.