Crompton Greaves Consumer Electricals Hits New 52-Week Low at Rs. 283.05

Crompton Greaves Consumer Electricals has reached a new 52-week low of Rs. 283.05 today, marking a significant downturn for the small-cap electronics and appliances company. This decline comes after a two-day consecutive fall, during which the stock has recorded a decrease of 1.29%.
Despite this drop, Crompton Greaves has managed to outperform its sector by 1% today. However, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a challenging trend in its performance metrics. Over the past year, the stock has experienced a notable decline of 33.85%, contrasting sharply with the Sensex, which has seen a modest gain of 0.43% during the same period.

In terms of financial health, Crompton Greaves maintains a high return on capital employed (ROCE) of 32.37% and a low debt-to-equity ratio of 0.04 times. The company also boasts a return on equity (ROE) of 16.4, suggesting an attractive valuation relative to its peers. Despite the recent price drop, institutional holdings remain robust at 88.13%, reflecting confidence from larger investors in the company's fundamentals.