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CROMPTON GREAVES CONSUMER ELEC. Plunges 4%; BSE CONSUMER DURABLES Index Down 1.3%
Thu, 26 Sep 11:44

CROMPTON GREAVES CONSUMER ELEC. Plunges 4%; BSE CONSUMER DURABLES Index Down 1.3%Image source: Sakorn BernardaSv/www.istockphoto.com

CROMPTON GREAVES CONSUMER ELEC. share price has plunged 4% and is presently trading at Rs 424.9.

Meanwhile, the BSE CONSUMER DURABLES index is at 67,257.9 (down 1.3%).

Among the top losers in the BSE CONSUMER DURABLES index today are DIXON TECHNOLOGIES (down 1.9%) and Voltas (down 1.7%).

WHIRLPOOL OF INDIA (up 1.3%) and RAJESH EXPORTS (up 0.2%) are among the top gainers today.

Over the last one year, CROMPTON GREAVES CONSUMER ELEC. has moved up from Rs 293.4 to Rs 424.9, registering a gain of Rs 131.5 (up 44.8%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 46,147.0 to 67,257.9, registering a gain of 45.7% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 184.6%), Blue Star (up 123.9%) and Voltas (up 114.6%).

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What About the Benchmark Indices?

The BSE Sensex is at 85,407.9 (up 0.3%).

The top gainers among the BSE Sensex today are Maruti Suzuki (up 3.7%) and Tata Motors (up 2.2%). The most traded stocks in the BSE Sensex are Tata Steel and Power Grid Corp..

In the meantime, NSE Nifty is at 26,073.4 (up 0.3%). Maruti Suzuki and Tata Motors are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,023.7 to 85,407.9, registering a gain of 19,384.2 points (up 29.4%).

CROMPTON GREAVES CONSUMER ELEC. Financial Update...

CROMPTON GREAVES CONSUMER ELEC. net profit grew 24.8% YoY to Rs 1,524 million for the quarter ended June 2024, compared to a profit of Rs 1,220 million a year ago. Net sales rose 13.9% to Rs 21,377 million during the period as against Rs 18,769 million in April-June 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 57.9.


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