Crompton Greaves stock price up 0.42 per cent as Sensex climbs

Shares of Crompton Greaves Consumer Electricals Ltd. rose 0.42 per cent to Rs 300.25 at 12:41PM hours (IST) on Wednesday. Earlier in the day, the stock saw a gap down start to the session.

As per data available on BSE, total traded quantity on the counter stood at 9,956 shares with a turnover of Rs 0.3 crore till 12:41PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 37.38, 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. The stock hit an intraday high of Rs 302.15 and a low of Rs 297.2 during the session and quoted a 52-week high price of Rs 428.8 and a 52-week low of Rs 278.1.

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

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 354.95 on April 05, while the 50-DMA was at Rs 305.52. If a stock trades above 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 a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 52.6. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 31-Dec-2022, promoters held 2.54 per cent stake in the company, while overseas investors held 39.54 per cent and domestic institutional investors had 44.5 per cent.