Crompton Greaves Consumer Electrical Stock Outperforms Sector and Sensex on October 1st, 2024

Crompton Greaves Consumer Electrical, a leading player in the consumer durables and electronics industry, saw a positive trend in its stock performance on October 1st, 2024. The company's stock gained 3.72%, outperforming the sector by 2.12%.

According to MarketsMOJO, a leading stock market analysis platform, the stock of Crompton Greaves Consumer Electrical is currently rated as 'Hold'. The stock touched an intraday high of Rs 433, showing a 4.02% increase.

In terms of moving averages, the stock is currently higher than its 100-day and 200-day moving averages, but lower than its 5-day, 20-day, and 50-day moving averages. This indicates a mixed trend in the stock's performance.

On the same day, Crompton Greaves Consumer Electrical's stock outperformed the Sensex by 4.22%, while the Sensex only showed a 0.16% increase. In the past month, the stock's performance has been -9.01%, while the Sensex has shown a positive performance of 2.51%.

Crompton Greaves Consumer Electrical's stock performance on October 1st, 2024, reflects the company's strong position in the consumer durables and electronics industry. With its stock outperforming the sector and the Sensex, the company continues to show promising growth potential.