Business & Investment

CG consumer stock price: CG consumer stock price falls when Sensex rises 1069.05 points

Crompton Greaves Consumer Electricals Ltd.’s share price fell 0.55% to Rs 426.85 at 1:44 pm (IST) on Tuesday trading. During the session, stock prices reached a high of 434.7 rupees and a low of 425.5 rupees so far. The stock closed at Rs 429.2 in the previous session.

The counter’s trading volume so far was 1:44 pm and sales were 0.5 rupees. BSE.. The price-earnings ratio was a multiple of 41.02 and the price-to-book value ratio was 12.79.

A high price-earnings ratio indicates that investors are willing to pay a higher price for the rupees they earn from their stocks, as expectations for future growth increase.

The price-to-book value ratio is a measure of the inherent value of a company and the price that an investor is ready to pay even if the business is not growing.

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

Promoter / FII Holding

The promoter held a 5.99% stake in the company as of September 30, 2021, while foreign and domestic institutional investors owned 51.19% and 32.58%, respectively.

Major finances

The company reported that consolidated sales for the quarter ended September 30, 2021 increased 31.02% from Rs 1070.08 in the previous quarter and increased 13.99% from Rs 1229.87 in the same period last year.

Profit for the last quarter was Rs 15.881 billion, an increase of 12.09 percent over the same period last year.

CG consumer stock price: CG consumer stock price falls when Sensex rises 1069.05 points

https://economictimes.indiatimes.com/markets/stocks/stock-watch/share-price-of-cg-consumer-falls-as-sensex-gains-1069-05-points/articleshow/88141304.cms CG consumer stock price: CG consumer stock price falls when Sensex rises 1069.05 points

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