Share price of Crompton Greaves jumps as Sensex gains 192.97 points
A total of 38,463 shares changed hands on the counter till 11:26AM (IST)
Share price of . gained 0.54 per cent to Rs 433.9 at 11:26AM (IST) in Tuesday's trade. The counter hit a high of Rs 435.95 and low of Rs 430.2 so far during the session. The stock had closed at Rs 431.55 in the previous session.The counter had a total traded volume of 11:26AM shares so far with a turnover of Rs 1.66 crore on . The stock traded at a price-to-earnings multiple of 63.42 and a price-to-book ratio of 5.73.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The 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.
. belongs to the Electronics/Electricals industry.
Promotor/FII Holding
Promoters held 2.54 per cent stake in the company as of 31-Mar-2024, while foreign investors and domestic institutional investors ownership stood at 32.18 per cent and 51.15 per cent, respectively.
Key Financials
The firm reported consolidated net sales of Rs 1977.04 crore for the quarter ended 31-Mar-2024, up 15.66 per cent from the previous quarter's Rs 1709.36 crore and up 9.37 per cent from the year-ago quarter's Rs 1807.73 crore.
Its profit for the latest quarter stood at Rs 138.36 crore, up 5.49 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
