Share price of CG Consumer jumps as Sensex gains 76.13 points

Share price of Crompton Greaves Consumer Electricals Ltd. gained 1.02 per cent to Rs 399.85 at 11:02AM (IST) in Thursday's trade. The stock hit a high of Rs 402.6 and low of Rs 395.8 so far during the session. The stock had closed at Rs 395.8 in the previous session.

The counter had a total traded volume of 11:02AM shares so far with a turnover of Rs 0.73 crore on BSE. The stock traded at a price-to-earnings multiple of 40.69 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 11.36 per cent stake in the company as of 31-Mar-2021, while FIIs and domestic institutional investors ownership stood at 48.0 per cent and 29.87 per cent, respectively.

Key Financials
The company reported consolidated net sales of Rs 1542.65 crore for the quarter ended 31-Mar-2021, up 12.76 per cent from the previous quarter's Rs 1368.06 crore and up 48.57 per cent from the year-ago quarter's Rs 1038.3 crore.

Its profit for the latest quarter stood at Rs 249.08 crore, up 143.96 per cent from the same quarter a year ago.