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CROMPTON GREAVES CONSUMER ELEC. Gains 4%; BSE CONSUMER DURABLES Index Up 0.2%
Tue, 1 Oct 10:24

CROMPTON GREAVES CONSUMER ELEC. Gains 4%; BSE CONSUMER DURABLES Index Up 0.2%Image source: Chunumunu/www.istockphoto.com

CROMPTON GREAVES CONSUMER ELEC. share price has zoomed 4% and is presently trading at Rs 432.2.

Meanwhile, the BSE CONSUMER DURABLES index is at 67,774.7 (up 0.2%).

Among the top gainers in the BSE CONSUMER DURABLES index today are DIXON TECHNOLOGIES (up 2.5%) and ORIENT ELECTRIC (up 1.4%).

Titan (down 1.1%) and VAIBHAV GEMS (down 0.8%) are among the top losers today.

Over the last one year, CROMPTON GREAVES CONSUMER ELEC. has moved up from Rs 299.4 to Rs 432.2, registering a gain of Rs 132.8 (up 44.4%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 45,890.4 to 67,774.7, registering a gain of 47.7% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 167.7%), Blue Star (up 133.6%) and Voltas (up 113.0%).

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What About the Benchmark Indices?

The BSE Sensex is at 84,385.2 (up 0.1%).

The top gainers among the BSE Sensex today are Tech Mahindra (up 3.4%) and M&M (up 1.5%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 25,810.9 (down 1.4%). Hero Motocorp and Reliance Ind. are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,118.7 to 84,385.2, registering a gain of 18,266.5 points (up 27.6%).

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 58.9.


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