CG Consumer shares drop 0.33% as Sensex rises

CG Consumer shares drop 0.33% as Sensex rises

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Shares of Crompton Greaves Consumer Electricals Ltd. traded 0.33 per cent down at Rs 440.3 at 12:38PM (IST) on Tuesday, even as BSE benchmark Sensex gained 414.37 points to 59597.59. The scrip had closed at Rs 441.75 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 512.05 and Rs 350.35, respectively.

As per BSE data, total traded volume on the counter till 12:38PM (IST) stood at 12:38PM shares with turnover at Rs 0.52 crore.

At the prevailing price, shares of the company trades at 42.32 times its trailing 12-month EPS of Rs 10.41 per share and 12.79 times its price-to-book value, BSE data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.82.

Shareholding Details

Promoters held 5.99 per cent stake in the company as of 30-Sep-2021, while FIIs owned 51.19 per cent and DIIs 32.58 per cent.

(What’s moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

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Shares of Crompton Greaves Consumer Electricals Ltd. traded 0.33 per cent down at Rs 440.3 at 12:38PM (IST) on Tuesday, even as BSE benchmark Sensex gained 414.37 points to 59597.59. The scrip had closed at Rs 441.75 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 512.05 and Rs 350.35, respectively. As per BSE data, total traded volume on the counter till 12:38PM (IST) stood at 12:38PM shares with turnover at Rs 0.52 crore. At the prevailing price, shares of the company trades at 42.32 times its trailing 12-month EPS of Rs 10.41 per share and 12.79 times its price-to-book value, BSE data showed. A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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. The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.82. Shareholding Details Promoters held 5.99 per cent stake in the company as of 30-Sep-2021, while FIIs owned 51.19 per cent and DIIs 32.58 per cent. (What’s moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.) Download The Economic Times News App to get Daily Market Updates & Live Business News.

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