CG Consumer share price up 1.32 per cent

Shares of Crompton Greaves Consumer Electricals Ltd. traded 1.32 per cent up at Rs 383.85 at around 12:10PM (IST) on Friday. The stock had closed at Rs 378.85 in the previous session. Equity benchmark Sensex traded 255.3 points higher at 49205.06 around the same time.

The scrip has climbed 85.08 per cent in the last one year till date, while the 30-share index has gained 45.93 per cent during the same period.

The stock’s 52-week high price stood at Rs 455.6 and the 52-week low price at Rs 196.4.

Trading volume on the counter stood at 15,393 shares, while it quoted a price-to-earnings ratio of 50.89, an EPS value of 7.48 and a price-to-book value of 8.92. In the Nifty50 pack, 35 stocks traded in the green, while 13 stocks were in the red.

Promoter/FII Holding
Promoters held 11.36 per cent stake in the company as of 31-Mar-2021, while overseas investor and mutual funds’ ownership stood at 48.0 per cent and 27.9 per cent, respectively.

Key Financials
For the quarter ended 31-Dec-2020, the company reported consolidated sales of Rs 1368.06 crore, up 11.24 per cent from the previous quarter’s Rs 1229.87 crore and up 25.64 per cent from the year-ago quarter’s Rs 1088.83 crore. The company reported net profit of Rs 151.09 crore for the latest quarter.

Technical Indicators

The MACD signalled a bullish 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.

Most Related Links :
Business News Governmental News Finance News

Need Your Help Today. Your $1 can change life.

[charitable_donation_form campaign_id=57167]

Source link

Back to top button