Crompton Greaves Faces Challenges Amid Broader Decline in Consumer Durables Sector

Feb 10 2025 12:20 PM IST
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Crompton Greaves Consumer Electrical has faced a decline on February 10, 2025, amid a broader downturn in the Consumer Durables - Electronics sector. The stock is trading below multiple moving averages and has underperformed compared to the Sensex, reflecting challenges in the current market environment.
Crompton Greaves Consumer Electrical has experienced a decline of 3.34% on February 10, 2025, reflecting a broader trend within the Consumer Durables - Electronics sector, which has fallen by 3.15%. The stock reached an intraday low of Rs 352.65, marking a decrease of 3.38% during the trading session.

In terms of performance metrics, Crompton Greaves is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in its short to long-term performance. Over the past month, the stock has seen a decline of 2.31%, while the Sensex has only decreased by 0.27%, suggesting that Crompton Greaves is underperforming relative to the broader market index.

This notable activity in Crompton Greaves Consumer Electrical highlights the challenges faced by the company in the current market environment, as it navigates through a period of volatility within its industry.
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