CG Consumer shares rise 0.2 per cent in Tuesday's trading session

Shares of Crompton Greaves Consumer Electricals Ltd. rose 0.2 per cent to Rs 445.25 in Tuesday's trade as of 10:51AM (IST) even as the benchmark Nifty ruled at 18234.45, down 73.65 points.

The scrip had closed at Rs 444.35 in the previous session. The stock quoted a 52-week low of Rs 350.35 and a high of Rs 512.05. The company quoted a market-cap of Rs 27968.67 crore on the BSE.

On BSE, 3,521 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 42.78 times its trailing 12-month EPS of Rs 10.41 per share and 12.79 times its book value. The return on equity (ROE) stood at Rs 34.86.

Key Financials
For the quarter ended 30-Sep-2021, Crompton Greaves Consumer Electricals Ltd. reported consolidated sales of Rs 1401.99 crore, up 13.99 per cent from the same quarter a year ago. The company reported 12.09 per cent YoY growth in net profit at Rs 158.81 crore for the latest quarter.

Technical indicators
The relative strength index (RSI) of the stock stood at Tuesday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.

Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.