Crompton Greaves Share Worth: Crompton Greaves inventory worth up 1.55 per cent as Sensex climbs

Shares of . rose 1.55 per cent to Rs 362.85 at 01:19PM hours (IST) on Wednesday. Earlier within the day, the inventory noticed a niche up begin to the session.

As per information out there on BSE, complete traded amount on the counter stood at 48,281 shares with a turnover of Rs 1.73 crore until 01:19PM (IST). The inventory traded at a price-to-earnings (P/E) a number of of 39.73, whereas the price-to-book worth ratio stood at 9.65.

Return on fairness (ROE) was at 24.99 per cent, based on change information. The inventory hit an intraday excessive of Rs 363.8 and a low of Rs 352.35 throughout the session and quoted a 52-week excessive worth of Rs 512.05 and a 52-week low of Rs 312.05.

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

Technical Indicators

The 200-DMA (day transferring common) of the inventory stood at Rs 407.75 on July 06, whereas the 50-DMA was at Rs 348.0. If a inventory trades above 50-DMA and 200-DMA, it often means the rapid development is upward. However, if the inventory trades under 50-DMA and 200-DMA, it’s thought of a bearish development. If it trades between 50-DMA and 200-DMA, then it suggests the inventory can go both manner.

The Relative Power Index (RSI) of the stood at 62.8. The RSI oscillates between zero and 100. Historically, a inventory is taken into account overbought when the RSI worth stands above 70 and oversold when it’s under 30.

Promoter holding

As of 31-Mar-2022, promoters held 5.94 per cent stake within the firm, whereas abroad traders held 48.58 per cent and home institutional traders had 33.81 per cent.