Share price of CG Consumer falls as Sensex gains 353.39 points

Share price of Crompton Greaves Consumer Electricals Ltd. dropped 3.81 per cent to Rs 367.3 at 02:03PM (IST) in Tuesday's trade. The counter hit a high of Rs 387.0 and low of Rs 364.35 so far during the session. The stock had closed at Rs 381.85 in the previous session.

The counter had a total traded volume of 02:03PM shares so far with a turnover of Rs 1.71 crore on BSE. The stock traded at a price-to-earnings multiple of 48.92 and a price-to-book ratio of 8.92.

A higher price-to-earnings 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.

Crompton Greaves Consumer Electricals Ltd. belongs to the Electronics/Electricals industry.

Promotor/FII Holding
Promoters held 17.42 per cent stake in the company as of 31-Dec-2020, while FIIs and domestic institutional investors ownership stood at 42.26 per cent and 29.66 per cent, respectively.

Key Financials
The firm reported consolidated sales of Rs 1368.06 crore for the quarter ended 31-Dec-2020, 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.

Its profit for the latest quarter stood at Rs 151.09 crore, down 6.14 per cent from the same quarter a year ago.