CG Consumer stock price: CG Consumer shares fall 0.51% as Sensex rises

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The shares of Crompton Greaves Consumer Electricals Ltd. traded down 0.51% in Wednesday’s session at 2:05 p.m. (IST). The stock opened at Rs 416.0 and touched an intraday high and low of Rs 417.7 and Rs 409.7, respectively, during the session so far.

The stock traded a 52-week high of Rs 512.05 and a 52-week low of 350.35. Around 31,659 shares have changed hands on the counter so far.

The benchmark Nifty50 was up 189.0 points at 17765.85, while the BSE Sensex traded 633.19 points at 59495.76 at the time of writing.

In the Nifty pack, 39 stocks traded on the day in the green, while 11 were in the red.

Key financial data

For the quarter ended December 31, 2021, the company reported consolidated sales of Rs 1,424.63 crore, up 1.62% from Rs 1,401.99 crore in the previous quarter and up 4.14% from compared to the quarter of the previous year. The company reported a net profit of Rs 148.26 crore for the last quarter.


Promoter assets

The promoters held 5.99% of the company’s capital as of December 31, 2021, while the FIIs held 50.52% and the MFs 31.06%.

Techniques

On the technical charts, the 200-day moving average (DMA) of the stock stood at Rs 440.16 on Feb 02, while the 50-DMA stood at Rs 431.61. If a stock is trading above 50-DMA and 200-DMA, it usually means that the immediate trend is up. On the other hand, if the stock is trading well below 50-DMA and 200-DMA at the same time, it is considered to be in a downtrend and if it is trading between these averages, it suggests that the stock can go both ways.

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