Crompton Greaves rises 0.05% as Sensex climbs

Shares of Crompton Greaves Consumer Electricals Ltd. traded at Rs 291.8 on BSE at 12:55PM (IST) on Thursday, up 0.05 per cent from previous close.

The scrip quoted a 52-week low price of Rs 278.1 and a high of Rs 428.8.

Earlier, shares of the company saw a gap up opening in the morning.

A total of 15,830 lakh shares changed hands on the counter till 12:55PM (IST).

The stock of Crompton Greaves Consumer Electricals Ltd. commanded a market value of Rs 18548.79 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 36.47, while the price-to-book value ratio stood at 9.65. Return on equity (ROE) was at 24.99 per cent, according to exchange data.

In the BSE500 pack, 232 stocks traded in the green, while 269 stocks were in the red.

The stock's beta value, which measures volatility in relation to the broader market, stood at 0.82.

Promotor/FII Holding
Promoters held 0.0 per cent in Crompton Greaves Consumer Electricals Ltd. as of 31-Dec-2022 while overseas and domestic institutional investors owned 39.54 per cent and 32.37 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 356.41 on March 23, while the 50-DMA was at 310.48. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.