Crompton Greaves share price down 1.12 per cent
A total of 52,709 shares changed hands on the counter till 01:14PM (IST).
Shares of . traded 1.12 per cent up at Rs 269.0 at around 01:14PM (IST) on Tuesday. The stock had closed at Rs 272.05 in the previous session. Equity benchmark traded 608.05 points lower at 72140.37 around the same time. The scrip has declined 6.29 per cent in the last one year till date, while the 30-share index has gained 23.87 per cent during the same period.
The stock's 52-week high price stood at Rs 327.8 and the 52-week low price at Rs 251.25.
Trading volume on the counter stood at 52,709 shares, while it quoted a price-to-earnings ratio of 39.78, an EPS value of 6.76 and a price-to-book value of 7.01. In the Nifty50 pack, 9 stocks traded in the green, while 41 stocks were in the red.
Promoter/FII Holding
Promoters held 2.54 per cent stake in the company as of 31-Dec-2023, while overseas investor and MF ownership stood at 35.58 per cent and 36.01 per cent, respectively.
Key Financials
For the quarter ended 31-Dec-2023, the company reported consolidated sales of Rs 1709.36 crore, down 4.88 per cent from the previous quarter's Rs 1797.15 crore and down 11.18 per cent from the year-ago quarter's Rs 1537.51 crore. The company reported net profit of Rs 85.99 crore for the latest quarter.
Technical Indicators
The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
The stock's 52-week high price stood at Rs 327.8 and the 52-week low price at Rs 251.25.
Trading volume on the counter stood at 52,709 shares, while it quoted a price-to-earnings ratio of 39.78, an EPS value of 6.76 and a price-to-book value of 7.01. In the Nifty50 pack, 9 stocks traded in the green, while 41 stocks were in the red.
Promoter/FII Holding
Promoters held 2.54 per cent stake in the company as of 31-Dec-2023, while overseas investor and MF ownership stood at 35.58 per cent and 36.01 per cent, respectively.
Key Financials
For the quarter ended 31-Dec-2023, the company reported consolidated sales of Rs 1709.36 crore, down 4.88 per cent from the previous quarter's Rs 1797.15 crore and down 11.18 per cent from the year-ago quarter's Rs 1537.51 crore. The company reported net profit of Rs 85.99 crore for the latest quarter.
Technical Indicators
The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
Source: Stocks-Markets-Economic Times
