|
14 Apr 2025 |
Crompton Greaves
|
Consensus Share Price Target
|
334.10 |
452.79 |
- |
35.53 |
buy
|
|
|
|
|
15 Feb 2024
|
Crompton Greaves
|
BOB Capital Markets Ltd.
|
334.10
|
330.00
|
283.20
(17.97%)
|
Target met |
Buy
|
|
|
Strong Q3 topline from higher fan, lighting and pump sales, but EBITDA margin fell 120bps YoY on ad expenses and weakness in BGAL
|
|
09 Nov 2023
|
Crompton Greaves
|
Prabhudas Lilladhar
|
334.10
|
377.00
|
281.45
(18.71%)
|
Target met |
Buy
|
|
|
|
|
07 Nov 2023
|
Crompton Greaves
|
Keynote Capitals Ltd
|
334.10
|
330.00
|
284.10
(17.60%)
|
Target met |
Buy
|
|
|
Quarterly Update Q2FY24
|
|
06 Nov 2023
|
Crompton Greaves
|
BOB Capital Markets Ltd.
|
334.10
|
330.00
|
283.15
(17.99%)
|
Target met |
Buy
|
|
|
ECD revenue growth ahead of peers but lighting segment declines in Q2
|
|
06 Nov 2023
|
Crompton Greaves
|
ICICI Securities Limited
|
334.10
|
320.00
|
286.55
(16.59%)
|
Target met |
Accumulate
|
|
|
The BEE rating transition-led uncertainties in the fans segment seems to have come to an end at the industry level. We believe Crompton’s fan business is also likely to turnaround in H2FY24 and FY25. Pricing action undertaken by Crompton in Q2FY24 partly confirm the normalisation of business activities in fans.
|
|
28 Aug 2023
|
Crompton Greaves
|
Geojit BNP Paribas
|
334.10
|
362.00
|
301.60
(10.78%)
|
Target met |
Buy
|
|
|
|
|
24 Aug 2023
|
Crompton Greaves
|
Prabhudas Lilladhar
|
334.10
|
369.00
|
305.70
(9.29%)
|
Target met |
Buy
|
|
|
|
|
23 Aug 2023
|
Crompton Greaves
|
ICICI Securities Limited
|
334.10
|
350.00
|
298.05
(12.10%)
|
Target met |
Buy
|
|
|
Crompton has done key fundamental changes to its business under strategy 2.0 which are likely to be DCF accretive in our view. (1) it plans to divide the business in multiple SBUs which will likely drive the accountability and improve efficiencies, (2) there will be separate on-ground sales teams for multiple product(s). It is likely to result in stronger connect with the trade and higher throughput-per-store.
|
|
23 Aug 2023
|
Crompton Greaves
|
BOB Capital Markets Ltd.
|
334.10
|
360.00
|
308.90
(8.16%)
|
Target met |
Buy
|
|
|
Lighting division moving to a new corporate structure, eyeing commercial orders, and pruning prices to spur volumes
|
|
17 Aug 2023
|
Crompton Greaves
|
Keynote Capitals Ltd
|
334.10
|
323.00
|
290.45
(15.03%)
|
Target met |
Buy
|
|
|
Quarterly Update Q1FY24
|