Crompton Greaves Consumer Electricals Hits New 52-Week Low at Rs. 290.4

Crompton Greaves Consumer Electricals has reached a new 52-week low, hitting Rs. 290.4 today. This marks a significant decline for the small-cap company, which has seen its stock price drop by 30.02% over the past year, in contrast to the Sensex's decline of just 4.61%.
Despite today's performance, where the stock outperformed its sector by 2.22%, it continues to trade below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The consumer durables sector, in which Crompton operates, has also faced challenges, with a reported decline of 2.76%.

Financial metrics indicate that the company has experienced a flat performance in its latest quarterly results, with a 17.1% drop in profit before tax compared to the previous four-quarter average. Operating profit to net sales has reached a low of 9.59%.

On a positive note, Crompton Greaves maintains a high return on capital employed (ROCE) of 32.37% and a low debt-to-equity ratio of 0.04, suggesting a stable financial position. The stock's valuation remains attractive, trading at a price-to-book value of 5.6, with institutional holdings at a robust 88.13%.