Share price of CG Consumer jumps as Sensex gains 181.53 points

Share price of Crompton Greaves Consumer Electricals Ltd. gained 1.94 per cent to Rs 482.95 at 01:31PM (IST) in Friday's trade. The counter hit a high of Rs 484.95 and low of Rs 467.2 so far during the session. The stock had closed at Rs 473.75 in the previous session.

The counter had a total traded volume of 01:31PM shares so far with a turnover of Rs 4.35 crore on BSE. The stock traded at a price-to-earnings multiple of 49.19 and a price-to-book ratio of 12.79.

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 5.99 per cent stake in the company as of 30-Jun-2021, while overseas investors and domestic institutional investors ownership stood at 50.45 per cent and 33.36 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.