INSUBCONTINENT EXCLUSIVE:
Chandan Taparia of Motilal Oswal Securities has buy call on Crompton Greaves Consumer Electricals Ltd
with a target price of Rs 280.0
The current market price of Crompton Greaves Consumer Electricals Ltd
is Rs 265.3 Chandan Taparia recommended to keep stoploss at Rs 257
Crompton Greaves Consumer Electricals Ltd., incorporated in the year
2015, is a Large Cap company (having a market cap of Rs 16614.41 Crore) operating in Consumer Durables sector
Crompton Greaves Consumer Electricals Ltd
key Products/Revenue Segments include Electrical Consumer Durables which contributed Rs 3200.35 Crore to Sales Value (71.45 % of Total
Sales), Lighting Products which contributed Rs 1261.95 Crore to Sales Value (28.17 % of Total Sales), Scrap which contributed Rs 8.23 Crore
to Sales Value (0.18 % of Total Sales), Export Incentives which contributed Rs 6.80 Crore to Sales Value (0.15 % of Total Sales) and Sale of
services which contributed Rs 1.58 Crore to Sales Value (0.03 % of Total Sales)for the year ending 31-Mar-2019
For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 1075.79 Crore, down -20.12 % from last quarter Sales
of Rs 1346.84 Crore and up 3.66 % from last year same quarter Sales of Rs 1037.83 Crore Company has reported net profit after tax of Rs
110.88 Crore in latest quarter
Ms.Shweta Jalan, Ms.Smita Anand
Company has Sharp - Tannan as its auditoRs As on 30-09-2019, the company has a total of 627,032,671 shares outstanding.