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CROMPTON GREAVES CONSUMER ELEC. Gains 5%; BSE CONSUMER DURABLES Index Up 0.8%
Tue, 30 Jul 9:46

CROMPTON GREAVES CONSUMER ELEC. Gains 5%; BSE CONSUMER DURABLES Index Up 0.8%Image source: ipopba/www.istockphoto.com

CROMPTON GREAVES CONSUMER ELEC. share price has zoomed 5% and is presently trading at Rs 453.6.

Meanwhile, the BSE CONSUMER DURABLES index is at 60,479.0 (up 0.8%).

Among the top gainers in the BSE CONSUMER DURABLES index today are Voltas (up 2.5%) and Blue Star (up 0.9%).

WHIRLPOOL OF INDIA (down 0.6%) and Bajaj Electricals (down 0.2%) are among the top losers today.

Over the last one year, CROMPTON GREAVES CONSUMER ELEC. has moved up from Rs 291.4 to Rs 453.6, registering a gain of Rs 162.2 (up 55.7%).

On the other hand, the BSE CONSUMER DURABLES index has moved up from 42,443.7 to 60,479.0, registering a gain of 42.5% during the last 12 months.

The top gainers among the BSE CONSUMER DURABLES index stocks during this same period were DIXON TECHNOLOGIES (up 185.0%), Blue Star (up 125.3%) and Voltas (up 103.2%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,407.3 (up 0.1%).

The top gainers among the BSE Sensex today are NTPC (up 4.3%) and Power Grid Corp. (up 4.0%). The most traded stocks in the BSE Sensex are Power Grid Corp. and NTPC.

In the meantime, NSE Nifty is at 24,883.3 (up 0.2%). Power Grid Corp. and NTPC are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,707.2 to 81,407.3, registering a gain of 14,700.1 points (up 22.0%).

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 66.1.


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