Crompton Greaves shares drop 0.53% as Sensex rises
A total of 44,471 shares changed hands on the counter till 12:37PM (IST)
Shares of . traded 0.53 per cent down at Rs 399.95 at 12:37PM (IST) on Thursday, even as benchmark gained 552.09 points to 74934.33. The stock had closed at Rs 402.1 in the previous session.The stock quoted a 52-week high and 52-week low of Rs 410.0 and Rs 262.1, respectively.
As per BSE data, total traded volume on the counter till 12:37PM (IST) stood at 12:37PM shares with turnover at Rs 1.79 crore.
At the prevailing price, shares of the company trades at 59.35 times its trailing 12-month EPS of Rs 6.84 per share and 5.73 times its price-to-book value, BSE data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.
The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.82.
Shareholding Details
Promoters held 2.54 per cent stake in the company as of 31-Mar-2024, while FIIs owned 32.18 per cent and DIIs 51.15 per cent.
Source: Stocks-Markets-Economic Times
