|
18 Apr 2025 |
Crompton Greaves
|
Consensus Share Price Target
|
332.20 |
452.79 |
- |
36.30 |
buy
|
|
|
|
|
15 Aug 2023
|
Crompton Greaves
|
ICICI Securities Limited
|
332.20
|
350.00
|
300.35
(10.60%)
|
Target met |
Buy
|
|
|
Crompton reported relatively weaker Q1FY24 than its peers as its results were impacted by higher BEE related costs, price correction in pumps and weak sales of Butterfly. However, it has rolled out new strategy as Crompton 2.0 and it plans to invest in (1) innovation, (2) improvement in supply chain and go-to-market initiatives, (3) portfolio premiumization and (4) additional investments in digital.
|
|
14 Aug 2023
|
Crompton Greaves
|
Prabhudas Lilladhar
|
332.20
|
338.00
|
300.35
(10.60%)
|
Target met |
Buy
|
|
|
|
|
14 Aug 2023
|
Crompton Greaves
|
BOB Capital Markets Ltd.
|
332.20
|
360.00
|
300.35
(10.60%)
|
Target met |
Buy
|
|
|
ECD revenue growth at par with industry but lighting segment lagged peers in Q1
|
|
16 Jun 2023
|
Crompton Greaves
|
Prabhudas Lilladhar
|
332.20
|
338.00
|
292.50
(13.57%)
|
Target met |
Buy
|
|
|
|
|
15 Jun 2023
|
Crompton Greaves
|
BOB Capital Markets Ltd.
|
332.20
|
370.00
|
293.10
(13.34%)
|
Target met |
Buy
|
|
|
New energy labelling norms hit the fans business and subdued demand dimmed lighting sales in FY23
|
|
23 May 2023
|
Crompton Greaves
|
Keynote Capitals Ltd
|
332.20
|
307.00
|
266.10
(24.84%)
|
Target met |
Buy
|
|
|
Quarterly Update Q4FY23
|
|
23 May 2023
|
Crompton Greaves
|
ICICI Securities Limited
|
332.20
|
325.00
|
266.10
(24.84%)
|
Target met |
Buy
|
|
|
We believe Crompton reported stable performance in Q4FY23 considering (1) there was weak demand for white goods and durables due to steep inflationary pressures, (2) unseasonal rains impacted the off-take of fans and coolers in North India and (3) there was transition in fans to BEE norms from Jan’23.
|
|
23 May 2023
|
Crompton Greaves
|
ICICI Direct
|
332.20
|
295.00
|
266.10
(24.84%)
|
Target met |
Hold
|
|
|
|
|
22 May 2023
|
Crompton Greaves
|
Prabhudas Lilladhar
|
332.20
|
371.00
|
259.65
(27.94%)
|
Target met |
Buy
|
|
|
|
|
22 May 2023
|
Crompton Greaves
|
BOB Capital Markets Ltd.
|
332.20
|
370.00
|
259.65
(27.94%)
|
Target met |
Buy
|
|
|
Q4 topline grew 16% YoY aided by a good ECD performance; lighting continues to disappoint
|