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CROMPTON GREAVES CONSUMER ELEC. Plunges 3%; BSE CONSUMER DURABLES Index Down 0.8%
Mon, 29 Jul 14:19

CROMPTON GREAVES CONSUMER ELEC. Plunges 3%; BSE CONSUMER DURABLES Index Down 0.8%Image source: ThinkNeo/www.istockphoto.com

CROMPTON GREAVES CONSUMER ELEC. share price has plunged 3% and is presently trading at Rs 428.7.

Meanwhile, the BSE CONSUMER DURABLES index is at 59,728.7 (down 0.8%).

Among the top losers in the BSE CONSUMER DURABLES index today are Titan (down 2.6%) and VAIBHAV GEMS (down 1.0%).

WHIRLPOOL OF INDIA (up 4.5%) and DIXON TECHNOLOGIES (up 3.0%) are among the top gainers today.

Over the last one year, CROMPTON GREAVES CONSUMER ELEC. has moved up from Rs 287.3 to Rs 428.7, registering a gain of Rs 141.4 (up 49.2%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 42,568.7 to 59,728.7, registering a gain of 40.3% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 182.2%), Blue Star (up 122.1%) and Voltas (up 97.8%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 81,270.2 (down 0.1%).

The top losers among the BSE Sensex today are Titan (down 2.6%) and Bharti Airtel (down 2.1%). The most traded stocks in the BSE Sensex are Tata Steel and SBI.

In the meantime, NSE Nifty is at 24,798.1 (down 0.2%). Titan and Bharti Airtel are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,355.7 to 81,270.2, registering a gain of 14,914.4 points (up 22.5%).

CROMPTON GREAVES CONSUMER ELEC. Financial Update...

CROMPTON GREAVES CONSUMER ELEC. net profit grew 1.4% YoY to Rs 1,334 million for the quarter ended March 2024, compared to a profit of Rs 1,316 million a year ago. Net sales rose 9.5% to Rs 19,610 million during the period as against Rs 17,910 million in January-March 2023.

For the year ended March 2024, CROMPTON GREAVES CONSUMER ELEC. reported 7.3% decrease in net profit to Rs 4,418 million compared to net profit of Rs 4,764 million during FY23. Revenue of the company grew 6.5% to Rs 73,128 million during FY24.

The current Price to earnings ratio of CROMPTON GREAVES CONSUMER ELEC., based on rolling 12 month earnings, stands at 62.4.


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