Share price of Crompton Greaves rises as Nifty strengthens
A total of 36,738 shares changed hands on the counter till 12:53PM (IST).
Shares of . gained 0.28 per cent to Rs 266.1 in Thursday's trade as of 12:53PM (IST).The stock hit a high price of Rs 268.65 and low of Rs 263.55 during the session.
The return on equity (ROE) for the stock stood at 18.38 per cent. Traded volume on the counter stood at 12:53PM shares and turnover at Rs 0.98 crore around that time.
The stock of . quoted a 52-week high and 52-week low prices of Rs 327.8 and Rs 251.25, respectively.
The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.82.
Promotor/FII Holding
Promoters held 2.54 per cent stake in the company as of 31-Dec-2023, while overseas investors held 35.58 per cent and domestic institutional investors had 47.45 per cent.
Key Financials
The company reported consolidated sales of Rs 1709.36 crore for the quarter ended 31-Dec-2023, down 4.88 per cent from previous quarter's Rs 1797.15 crore and down 11.18 per cent from the year-ago quarter's Rs 1537.51 crore.
Net profit after tax for the latest quarter stood at Rs 85.99 crore, up 0.87 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
