Crompton Greaves Stock Hits 52-Week Low at Rs. 294.7

Crompton Greaves Consumer Electricals has reached a new 52-week low of Rs. 294.7 today, marking a significant downturn for the small-cap electronics and appliances company. This decline comes as the stock has underperformed its sector by 0.66% and has experienced a consecutive fall over the past six days, resulting in a total drop of 7.04% during this period.
The company's performance over the past year has been notably challenging, with a decline of 29.64%, contrasting sharply with the Sensex's decrease of only 5.82%. Additionally, Crompton Greaves is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trend.

Despite these challenges, the company maintains a high management efficiency with a return on capital employed (ROCE) of 32.37% and a low debt-to-equity ratio of 0.04 times. However, recent financial results have shown a decline in profit before tax and profit after tax compared to previous quarters, highlighting ongoing performance issues. The stock's valuation remains attractive with a price-to-book value of 5.7, and it has seen an increase in institutional holdings, which now stand at 88.13%.