|
01 Jun 2025 |
Crompton Greaves
|
Consensus Share Price Target
|
352.90 |
429.19 |
- |
21.62 |
buy
|
|
|
|
|
23 May 2023
|
Crompton Greaves
|
Keynote Capitals Ltd
|
352.90
|
307.00
|
266.10
(32.62%)
|
Target met |
Buy
|
|
|
Quarterly Update Q4FY23
|
|
23 May 2023
|
Crompton Greaves
|
ICICI Securities Limited
|
352.90
|
325.00
|
266.10
(32.62%)
|
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
|
352.90
|
295.00
|
266.10
(32.62%)
|
Target met |
Hold
|
|
|
|
|
22 May 2023
|
Crompton Greaves
|
Prabhudas Lilladhar
|
352.90
|
371.00
|
259.65
(35.91%)
|
Target met |
Buy
|
|
|
|
|
22 May 2023
|
Crompton Greaves
|
BOB Capital Markets Ltd.
|
352.90
|
370.00
|
259.65
(35.91%)
|
Target met |
Buy
|
|
|
Q4 topline grew 16% YoY aided by a good ECD performance; lighting continues to disappoint
|
|
26 Apr 2023
|
Crompton Greaves
|
ICICI Securities Limited
|
352.90
|
325.00
|
259.45
(36.02%)
|
Target met |
Buy
|
|
|
The exits by private equity investors as well as the senior management of Crompton Greaves (Crompton) raise concerns related to continuation of its business strategy which may result in lower valuation multiples, we believe.
|
|
28 Mar 2023
|
Crompton Greaves
|
ICICI Direct
|
352.90
|
335.00
|
295.05
(19.61%)
|
|
Hold
|
|
|
|
|
28 Mar 2023
|
Crompton Greaves
|
Keynote Capitals Ltd
|
352.90
|
409.00
|
295.05
(19.61%)
|
|
Buy
|
|
|
Company Update
|
|
05 Feb 2023
|
Crompton Greaves
|
Prabhudas Lilladhar
|
352.90
|
406.00
|
305.15
(15.65%)
|
|
Buy
|
|
|
|
|
03 Feb 2023
|
Crompton Greaves
|
BOB Capital Markets Ltd.
|
352.90
|
440.00
|
305.15
(15.65%)
|
|
Buy
|
|
|
Lighting (-20% YoY) saw tepid demand and volatile pricing in Q3 amid stiff competition; pumps fell 10%
|