Profit

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

NSE
206.50
Change Change %
-4.55 -2.16%

Updated:13 Nov, 2018, 15:59 PM IST

BSE
210.65
Change Change %
0.05 0.02%

Updated:13 Nov, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nomura
N/A
20-07-2017 Sell 205.00 197.00
N/A
Closed Long (1Y)
20-07-2018

Nomura retains reduce on Crompton Greaves Consumer Electricals

Crompton Greaves Consumer Electricals is likely to offer around INR1500 crore to acquire the home appliances brand Kenstar (unlisted) from the Videocon group. We view the "reported offer" by Crompton as aggressive given that the news article reports an estimated EBITDA of INR750mn for Kenstar in the previous fiscal year, which values the company at 20x trailing EV/EBITDA at Crompton's reported offer price.

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