Share price of Crompton Greaves falls as Nifty strengthens
A total of 216,581 shares changed hands on the counter till 12:17PM (IST).
Shares of . slipped 0.17 per cent to Rs 389.4 in Wednesday's trade as of 12:17PM (IST).The stock hit a high price of Rs 394.7 and low of Rs 386.05 during the session.
The return on equity (ROE) for the stock stood at 14.66 per cent. Traded volume on the counter stood at 12:17PM shares and turnover at Rs 8.42 crore around that time.
The stock of . quoted a 52-week high and 52-week low prices of Rs 410.0 and Rs 255.0, 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-Mar-2024, while FIIs held 32.18 per cent and domestic institutional investors had 51.15 per cent.
Key Financials
The company reported consolidated sales of Rs 1977.04 crore for the quarter ended 31-Mar-2024, up 15.66 per cent from previous quarter's Rs 1709.36 crore and up 9.37 per cent from the year-ago quarter's Rs 1807.73 crore.
Net profit after tax 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
