Crompton Greaves rose 1.93% to Rs 81.95 at 15:15 IST on BSE after the company reported consolidated net loss of Rs 9.51 crore in Q1 June 2016, lower than net loss of Rs 62.20 crore in Q1 June 2015.
Meanwhile, the BSE Sensex was up 439.21 points, or 1.57%, to 28,341.87.
On BSE, so far 15.91 lakh shares were traded in the counter, compared with average daily volume of 6.10 lakh shares in the past one quarter. The stock hit a high of Rs 84.40 and a low of Rs 79.60 so far during the day. The stock hit a 52-week high of Rs 88.65 on 18 August 2016. The stock hit a 52-week low of Rs 38.79 on 12 February 2016. The stock had outperformed the market over the past 30 days till 29 August 2016, rising 2.55% compared with 0.53% slide in the Sensex. The scrip had also outperformed the market in past one quarter, rising 21.27% as against the Sensex's 4.63% rise.
The mid-cap company has equity capital of Rs 125.35 crore. Face value per share is Rs 2.
Total income rose 34.70% to Rs 1441.34 crore in Q1 June 2016 over Q1 June 2015. The result was announced during trading hours today, 30 August 2016.
Crompton Greaves is engaged in the business of power and industrial systems.
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