Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
203.60
Change Change %
-1.00 -0.49%

Updated:19 Nov, 2018, 15:31 PM IST

BSE
203.45
Change Change %
-1.05 -0.51%

Updated:19 Nov, 2018, 15:41 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Citi
N/A
19-07-2016 Buy 141.20 174.00
N/A
Target Hit Long (1Y)
19-07-2017

Citi initiates coverage on Crompton Greaves Consumer Electricals with buy

Citi has initiated coverage on Crompton Greaves Consumer Electricals with a buy for target price of Rs 174. It expects a 13% compunded annual sales growth during FY16-19 and also sees EBITDA margin expansion in FY'16-19. It says refinancing of debt will rapidly lower interest costs and sees ROEs for the company will be sector leading.

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