Crompton Greaves Consumer Electrical Stock Sees Positive Trend, Outperforms Sector and Market

Crompton Greaves Consumer Electrical, a leading player in the consumer durables and electronics industry, saw a positive trend in its stock performance on November 25th, 2024. The stock gained 3.74% and closed at Rs. 404.75 on the Bombay Stock Exchange.

According to MarketsMOJO, a leading stock market analysis and research platform, the stock has been given a 'Hold' call. This indicates that investors should hold on to their current positions in the stock and not make any new investments.

In terms of price performance, Crompton Greaves Consumer Electrical outperformed the sector by 2.19% on November 25th. The stock has also been on a consecutive gain for the last 2 days, with a rise of 6.39% in this period. The stock touched an intraday high of Rs. 406.5, showing a 3.47% increase.

When looking at the moving averages, Crompton Greaves Consumer Electrical's stock is currently higher than the 5-day, 20-day, and 200-day moving averages. However, it is lower than the 50-day and 100-day moving averages.

In comparison to the overall market performance, Crompton Greaves Consumer Electrical's stock has shown a 1-day performance of 3.82% compared to the Sensex's performance of 1.13%. In the last month, the stock has also outperformed the Sensex with a 1-month performance of 3.73% compared to the Sensex's 0.76% performance.

Overall, Crompton Greaves Consumer Electrical's stock has shown a positive trend and has been performing well in the market. Investors are advised to hold on to their current positions in the stock and keep an eye on its future performance.