Crompton Greaves Share Price: Crompton Greaves stock price up 1.45 per cent as Sensex slides

Shares of . rose 1.45 per cent to Rs 345.35 at 11:37AM hours (IST) on Friday. Earlier in the day, the stock saw a gap down start to the session.

As per data available on BSE, total traded quantity on the counter stood at 15,231 shares with a turnover of Rs 0.52 crore till 11:37AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 37.84, while the price-to-book value ratio stood at 9.65.

Return on equity (ROE) was at 23.57 per cent, according to exchange data. The stock hit an intraday high of Rs 346.15 and a low of Rs 338.0 during the session and quoted a 52-week high price of Rs 512.05 and a 52-week low of Rs 312.05.

The stock’s beta value, which measures its volatility in relation to the broader market, stood at 0.82.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 409.73 on July 01, while the 50-DMA was at Rs 349.01. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 52.89. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 31-Mar-2022, promoters held 5.94 per cent stake in the company, while FIIs held 48.58 per cent and domestic institutional investors had 33.81 per cent.

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