Crompton Greaves rose 1.82% to Rs 125.75 at 15:14 IST on BSE, with the stock recovering on bargain hunting after recent slide.
Meanwhile, the S&P BSE Sensex was down 50.02 points or 0.24% at 20,609.50.
On BSE, so far 1.81 lakh shares were traded in the counter as against average daily volume of 3 lakh shares in the past one quarter.
The stock hit a high of Rs 128.20 and a low of Rs 123.75 so far during the day. The stock had hit a 52-week high of Rs 135.95 on 10 December 2013. The stock had hit a 52-week low of Rs 71.70 on 25 June 2013.
The stock had outperformed the market over the past one month till 16 December 2013, surging 19.81% compared with the Sensex's 1.28% rise. The scrip had also outperformed the market in past one quarter, jumping 37.03% as against Sensex's 4.65% rise.
The mid-cap company has equity capital of Rs 125.94 crore. Face value per share is Rs 2.
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Shares of Crompton Greaves had declined 8.15% in four trading sessions to settle at Rs 123.40 on Monday, 16 December 2013 from a recent high of Rs 134.35 on 10 December 2013.
On a consolidated basis, Crompton Greaves' net profit rose 38.9% to Rs 58.41 crore on 9.6% growth in net sales to Rs 3204.91 crore in Q2 September 2013 over Q2 September 2012.
Crompton Greaves is a global pioneering leader in the management and application of electrical energy. It provides electrical products, systems and services for utilities, power generation, industries, and consumers. The company is organized into three business groups: power, industrial and consumer.
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