CG Consumer share price: CG Consumer share drops 1.67% as Nifty drops

NEW DELHI: The shares of Crompton Greaves Consumer Electricals Ltd. traded 1.67% in Thursday trading at 12:49 p.m. (IST). About 18,806 shares changed hands at the box office.

The action opened at Rs 457.6 and hit an intraday high and low of Rs 459.8 and Rs 447.25, respectively, during the session so far. Crompton Greaves Consumer Electricals Ltd. Quoted a 52 week high of Rs 512.05 and a 52 week low of Rs 288.15.

The total market capitalization of Crompton Greaves Consumer Electricals Ltd. stood at Rs 28,301.52 crore at the time of writing.

Key financial data

The company reported consolidated sales of Rs 1,401.99 crore for the quarter ended September 30, 2021, up 31.02% from Rs 1,070.08 crore in the previous quarter and 13.99% from Rs 1229.87 crore from the quarter of the previous year.

Net profit for the last quarter stood at Rs 158.81 crore, up 12.09% from the corresponding quarter last year.

Shareholding model

As of September 30, 2021, domestic institutional investors held 30.77 percent of the company’s capital, while foreign institutional investors held 51.19 percent and promoters 5.99 percent.

Valuation ratio

According to BSE data, the stock traded at a P / E multiple of 43.29 and a price to book ratio of 12.79. A higher P / E ratio shows that investors are willing to pay a higher price because of better expectations of future growth. Book value indicates the intrinsic value of a business and measures the price investors are willing to pay even when the business does not grow.

Crompton Greaves Consumer Electricals Ltd. belongs to the electronics / electrical industry.

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