Crompton Greaves Share Price: Crompton Greaves declines 0.48% as Sensex slides

The inventory quoted a 52-week low value of Rs 350.35 and a excessive of Rs 512.05.

Earlier, shares of the corporate noticed a niche down opening within the morning.

A complete of 19,829 lakh shares modified palms on the counter until 01:34PM (IST).

The inventory of Crompton Greaves Client Electricals Ltd. commanded a market worth of Rs 24176.37 crore, in line with BSE.

The inventory traded at a price-to-earning (P/E) a number of of 37.14, whereas the price-to-book worth ratio stood at 12.79. Return on fairness (ROE) was at 34.86 per cent, in line with alternate information.

Within the BSE500 pack, 243 shares traded within the inexperienced, whereas 257 shares have been within the pink.

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The inventory’s beta worth, which measures volatility in relation to the broader market, stood at 0.82.

Promotor/FII Holding

Promoters held 0.0 per cent in Crompton Greaves Client Electricals Ltd. as of 31-Dec-2021 whereas abroad and home institutional buyers owned 40.17 per cent and 31.06 per cent, respectively.

Shifting averages
The 200-DMA of the inventory stood at 442.43 on March 24, whereas the 50-DMA was at 406.91. If a inventory trades under 50-DMA and 200-DMA, it normally means the fast development is upward. Then again, if the inventory trades under 50-DMA and 200-DMA, it’s thought of as bearish development and if trades between 50-DMA and 200-DMA, then it suggests the inventory can go both method.