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Buy Crompton Greaves Consumer Electricals Ltd For Target Rs. 510 by Yes Securities Ltd Result Synopsis Crompton has reported marginally lower than estimated revenue growth on account of subdued performance of Butterfly Appliances. ECD revenue grew 12.5% (in line with estimates). Fans have witnessed muted growth of 5%, while Pumps (+20%) and Appliances (+26%) have registered strong growth. Appliance growth has been driven by water heater, room heater and mixer grinders. Air-cooler delivered strong growth even in the lean season. Company continues to gain share in its key cate...
Buy Crompton Greaves Consumer Electricals Ltd For Target Rs. 510 by Yes Securities Ltd
Buy Crompton Greaves Consumer Electricals Ltd For Target Rs. 510 by Yes Securities Ltd
Source: Yes Securities Ltd
2024-11-19 11:28:55 am
Buy Crompton Greaves Consumer Electricals Ltd For Target Rs. 510 By LKP securities Ltd Crompton’s consolidated sales rose by 13.9% YoY to ?21.4 bn, aligning with expectations. The ECD segment saw a 21% YoY increase, reaching ?17.3 bn, driven by robust growth in fans (16%) and coolers (68% volume growth), supported by harsh summer conditions and price hikes. Appliances grew by 30%, led by coolers and mixer grinders, while pumps also saw a 30% YoY increase. The company continues to capture market share in fans, pumps, and appliances. However, lighting sales remained subdued...
Buy Crompton Greaves Consumer Electricals Ltd For Target Rs. 510 By LKP securities Ltd
Buy Crompton Greaves Consumer Electricals Ltd For Target Rs. 510 By LKP securities Ltd
Source: LKP securities Ltd
2024-08-05 02:35:50 pm
India's Crompton Greaves beats Q1 profit view on strong demand for cooling products Home appliances maker Crompton Greaves Consumer Electricals beat first-quarter profit estimates on Wednesday, helped by higher demand for fans and air coolers amid extreme heat conditions in the country. The company reported consolidated net profit of 1.52 billion rupees ($18.2 million) for the quarter ended June 30, up 28% from a year ago. Analysts were expecting a profit of 1.47 billion rupees as per LSEG. Revenue from operations jumped 14% to 21.38 billion rupees, while cost of mater...
India's Crompton Greaves beats Q1 profit view on strong demand for cooling products
India's Crompton Greaves beats Q1 profit view on strong demand for cooling products
Source: Reuters
2024-07-31 04:38:03 pm
Stock of the day : Crompton Ltd For Target Rs. 465 - Religare Broking Crompton Ltd * With buoyancy in the consumption sector, CROMPTON is offering a fresh buying opportunity. * The stock exhibits a robust price structure, with a clear uptrend observed since last 4 months. * However, to digest the gains, it witnessed some time wise correction trading sideways while holding above its short term moving average. * The price has recorded a fresh breakout from the same with noticeable surge in volumes. * We expect price to continue its uptrend from her...
Stock of the day : Crompton Ltd For Target Rs. 465 - Religare Broking
Stock of the day : Crompton Ltd For Target Rs. 465 - Religare Broking
Source: Religare Broking
2024-07-25 10:39:06 am
Buy Crompton Greaves Consumer Electricals Ltd. For Target Rs. 435 - LKP Securities Good quarter; continuing the momentum CROMPTON’s consolidated sales increased by 10% yoy to ?19.6 bn, broadly in line with expectations. Within ECD segment, sales grew by 14% y-o-y to ?15.2 bn, propelled by strong growth in fans (13%), pumps (9%), and appliances (27%). However, lighting sales remained flat yoy at ?2.8 bn, as the positive impact of healthy volume growth was countered by ongoing price erosion in B2C LED products. The growth in appliances was primarily driven by a remar...
Buy Crompton Greaves Consumer Electricals Ltd. For Target Rs. 435 - LKP Securities
Buy Crompton Greaves Consumer Electricals Ltd. For Target Rs. 435 - LKP Securities
Source: LKP Securities Ltd.
2024-06-30 10:22:17 am
Accumulate Crompton Greaves Consumer Ltd. For Target Rs. 455 - Elara Capital On the revival path Q4 revenue up 12%, driven by demand pickup in ECD Crompton Greaves Consumer Electricals (CROMPTON IN) standalone revenue grew 12% YoY to INR 18bn in Q4FY24 at a three-year CAGR of 6%, in line with our estimates, driven by the onset of strong Summer and new product launches. Segment-wise, revenue from electrical consumer durables ([ECD]; 84% of Q4FY24 sales) increased 14% YoY vs Havells’ 22% YoY, and V-Guard’s 28% YoY. Lighting (16%) continues to ...
Accumulate Crompton Greaves Consumer Ltd. For Target Rs. 455 - Elara Capital
Accumulate Crompton Greaves Consumer Ltd. For Target Rs. 455 - Elara Capital
Source: Elara Capital
2024-06-15 11:43:36 am
Buy Crompton Greaves Consumer Electricals Ltd For Target Rs. 435 - LKP securities Ltd CROMPTON’s consolidated sales increased by 10% yoy to ?19.6 bn, broadly in line with expectations. Within ECD segment, sales grew by 14% y-o-y to ?15.2 bn, propelled by strong growth in fans (13%), pumps (9%), and appliances (27%). However, lighting sales remained flat yoy at ?2.8 bn, as the positive impact of healthy volume growth was countered by ongoing price erosion in B2C LED products. The growth in appliances was primarily driven by a remarkable 35% y-o-y expansion in small domest...
Buy Crompton Greaves Consumer Electricals Ltd For Target Rs. 435 - LKP securities Ltd
Buy Crompton Greaves Consumer Electricals Ltd For Target Rs. 435 - LKP securities Ltd
Source: LKP securities Ltd
2024-05-22 11:20:44 am
Religare High Conviction Idea : Buy Crompton Greaves Consumer Electrical Ltd. For Target Rs.342 By Religare Broking Decent revenue growth, however, margin remained under pressure Decent overall performance: CGCEL consolidated revenue came in at Rs 1,693 Cr, up by 11.6% YoY, largely driven by Electronic Consumer Durables (ECD) segment which saw fans, pump and appliances business to report double digit growth as a result segmental revenue was up by 18.5% YoY to Rs 1,209 Cr. Lighting products revenue remained flat at Rs 249 Cr while Butterfly business reported a de-growth of 5.8% YoY to Rs 234 Cr. Rise in ...
Religare High Conviction Idea : Buy Crompton Greaves Consumer Electrical Ltd. For Target Rs.342 By Religare Broking
Religare High Conviction Idea : Buy Crompton Greaves Consumer Electrical Ltd. For Target Rs.342 By Religare Broking
Source: Religare Broking Ltd
2024-05-16 09:09:24 am
Crompton Greaves Consumer Electricals trades higher on the BSE Crompton Greaves Consumer Electricals is currently trading at Rs. 342.45, up by 1.45 points or 0.43% from its previous closing of Rs. 341.00 on the BSE. The scrip opened at Rs. 341.90 and has touched a high and low of Rs. 345.20 and Rs. 335.00 respectively. So far 248855 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 345.20 on 09-May-2024 and a 52 week low of Rs. 252.10 on 19-May-2023. Last one week high and lo...
Crompton Greaves Consumer Electricals trades higher on the BSE
Crompton Greaves Consumer Electricals trades higher on the BSE
Source: Accord Fintech
2024-05-09 11:56:41 am
Crompton zooms on starting manufacturing, assembly operations of kitchen appliances in Vadodara facility Crompton Greaves Consumer Electricals is currently trading at Rs. 338.65, up by 16.85 points or 5.24% from its previous closing of Rs. 321.80 on the BSE. The scrip opened at Rs. 320.10 and has touched a high and low of Rs. 339.00 and Rs. 319.85 respectively. So far 174819 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 340.40 on 06-May-2024 and a 52 week low of Rs. 252.10 on 19-May-2023. Last one week high and l...
Crompton zooms on starting manufacturing, assembly operations of kitchen appliances in Vadodara facility
Crompton zooms on starting manufacturing, assembly operations of kitchen appliances in Vadodara facility
Source: Accord Fintech
2024-05-08 02:16:23 pm
Crompton Greaves Consumer Electricals gains on launching new product `Superbreeze Optimus` Crompton Greaves Consumer Electricals is currently trading at Rs. 281.00, up by 1.25 points or 0.45% from its previous closing of Rs. 279.75 on the BSE. The scrip opened at Rs. 282.45 and has touched a high and low of Rs. 285.00 and Rs. 277.50 respectively. So far 170239 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 327.80 on 15-Jan-2024 and a 52 week low of Rs. 251.25 on 26-Apr-2023. Last one week high and lo...
Crompton Greaves Consumer Electricals gains on launching new product `Superbreeze Optimus`
Crompton Greaves Consumer Electricals gains on launching new product `Superbreeze Optimus`
Source: Accord Fintech
2024-04-03 04:07:46 pm
Buy Crompton Greaves Consumer Electricals Ltd For Target Rs.335 By LKP Securities Ltd Crompton results were a mixed bag wherein steady performance seen across ECD and lighting product segments marred by the soft performance of Butterfly (revenue down 6%, EBIT margin at -0.8%). ECD segment continued to perform well registering 18% YoY growth in revenues while ECD margins stood at 13.6%. The Lighting segment rose a little under 1% YoY, after several quarters of YoY declines. Butterfly (BGAL) remains a work in progress as its channel correction initiatives will continue for some ...
Buy Crompton Greaves Consumer Electricals Ltd For Target Rs.335 By LKP Securities Ltd
Buy Crompton Greaves Consumer Electricals Ltd For Target Rs.335 By LKP Securities Ltd
Source: LKP securities Ltd
2024-04-01 02:24:06 pm
Crompton Greaves rises on getting patent for `A Multi-stage Centrifugal Pump with Hybrid Diffusion Technology` Crompton Greaves Consumer Electricals is currently trading at Rs. 269.65, up by 0.90 points or 0.33% from its previous closing of Rs. 268.75 on the BSE. The scrip opened at Rs. 273.75 and has touched a high and low of Rs. 273.75 and Rs. 269.65 respectively. So far 27971 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 327.80 on 15-Jan-2024 and a 52 week low of Rs. 251.25 on 26-Apr-2023. Last one week high and low...
Crompton Greaves rises on getting patent for `A Multi-stage Centrifugal Pump with Hybrid Diffusion Technology`
Crompton Greaves rises on getting patent for `A Multi-stage Centrifugal Pump with Hybrid Diffusion Technology`
Source: Accord Fintech
2024-03-26 11:43:24 am
Accumulate Crompton Greaves Consumer Ltd for Target Rs. 325 - Elara Capital   ECD drives growth; lighting flat Q3 revenue up 15%, driven by demand pickup in ECD Crompton Greaves Consumer Electricals (CROMPTON IN) standalone revenue grew 15% YoY to INR 14.6bn in Q3FY24 at a three-year CAGR of 3%. It was 6% ahead of our estimates, driven by new product launches and demand uptick. Segment-wise, revenue from electrical consumer durables ([ECD]...
Accumulate Crompton Greaves Consumer Ltd for Target Rs. 325 - Elara Capital
Accumulate Crompton Greaves Consumer Ltd for Target Rs. 325 - Elara Capital
Source: Elara Capital
2024-03-20 03:07:30 pm
Crompton Greaves Consumer Electricals gains on launching new product Crompton Greaves Consumer Electricals is currently trading at Rs. 292.10, up by 1.30 points or 0.45% from its previous closing of Rs. 290.80 on the BSE. The scrip opened at Rs. 292.65 and has touched a high and low of Rs. 294.60 and Rs. 289.70 respectively. So far 1181090 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 327.80 on 15-Jan-2024 and a 52 week low of Rs. 251.25 on 26-Apr-2023. Last one week high and l...
Crompton Greaves Consumer Electricals gains on launching new product
Crompton Greaves Consumer Electricals gains on launching new product
Source: Accord Fintech
2024-02-28 01:30:29 pm
Crompton Greaves Consumer rises on bagging order worth Rs 22.26 crore Crompton Greaves Consumer Electricals is currently trading at Rs. 290.05, up by 2.00 points or 0.69% from its previous closing of Rs. 288.05 on the BSE. The scrip opened at Rs. 290.70 and has touched a high and low of Rs. 296.90 and Rs. 289.75 respectively. So far 112710 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 327.80 on 15-Jan-2024 and a 52 week low of Rs. 251.25 on 26-Apr-2023. Last one week high and lo...
Crompton Greaves Consumer rises on bagging order worth Rs 22.26 crore
Crompton Greaves Consumer rises on bagging order worth Rs 22.26 crore
Source: Accord Fintech
2024-02-27 02:47:14 pm
Pick of the Month : Crompton Ltd For Target Rs. 345 - Religare Broking Rationale * The stock gained nearly 5% in the previous series but added noticeable OI to the tune of 40%. * 99% of the Open positions rolled to the next series (above par with respect to the 6-month average). * Open Interest of 9.2k contracts as against 6.6k previously with decent cash based buying in last 5 days of series. * With Possibly Long formation and Carry forward of these bets, Stock may scale higher. Buy Crompton Ltd CMP 305; Range 302-306; SL 287; ...
Pick of the Month : Crompton Ltd For Target Rs. 345 - Religare Broking
Pick of the Month : Crompton Ltd For Target Rs. 345 - Religare Broking
Source: Religare Broking Ltd
2023-12-29 03:00:28 pm
NEUTRAL Crompton Greaves CE Ltd for Target Rs. Rs 327 - Yes Securities Ltd Increased investments dents margin; maintain NEUTRAL Result Synopsis Crompton has reported inline revenue with ECD growing at 6.1%, while lighting and Butterfly products registering decline of 13% and 14% respectively. ECD growth was on back of strong growth in Appliances which grew by 19% yoy, while its core category of Fans grew by 5%. Lighting segment was impacted by low consumer demand. Gross margins at 30.8% have been lower as increased cost on shifting to BEE ratings in Fans have...
NEUTRAL Crompton Greaves CE Ltd for Target Rs. Rs 327 - Yes Securities Ltd
NEUTRAL Crompton Greaves CE Ltd for Target Rs. Rs 327 - Yes Securities Ltd
Source: Yes Securities Ltd
2023-12-25 04:59:45 pm
Neutral Crompton Greaves CE Ltd For Target Rs.306 - Yes Securities Increased investments lead to lower margin; maintain NEUTRAL Result Synopsis Crompton has reported lower than estimated revenue with ECD growing at 16.5%, while lighting and Butterfly products registering decline of 11.5% and 16.9% respectively. ECD growth was on back of strong growth in Fans (+18%) and small domestic appliances (+17%). Pumps too has exhibited growth of 10% led by robust traction in residential and agriculture segment. Lighting segment continues to be impacted by indust...
Neutral Crompton Greaves CE Ltd For Target Rs.306 - Yes Securities
Neutral Crompton Greaves CE Ltd For Target Rs.306 - Yes Securities
Source: Yes Securities
2023-12-11 04:12:36 pm
Crompton Greaves Consumer Electricals gains on launching new product Crompton Greaves Consumer Electricals is currently trading at Rs. 289.00, up by 0.65 points or 0.23% from its previous closing of Rs. 288.35 on the BSE. The scrip opened at Rs. 290.00 and has touched a high and low of Rs. 290.00 and Rs. 287.15 respectively. So far 15207 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 376.20 on 01-Dec-2022 and a 52 week low of Rs. 251.25 on 26-Apr-2023. Last one week high and low...
Crompton Greaves Consumer Electricals gains on launching new product
Crompton Greaves Consumer Electricals gains on launching new product
Source: Accord Fintech
2023-11-24 02:00:52 pm
Crompton Greaves Consumer Electricals gains on inking MoU with Mahatma Phule Krishi Vidyapith Crompton Greaves Consumer Electricals is currently trading at Rs. 293.05, up by 2.00 points or 0.69% from its previous closing of Rs. 291.05 on the BSE. The scrip opened at Rs. 293.00 and has touched a high and low of Rs. 293.10 and Rs. 291.30 respectively. So far 5126 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 376.20 on 01-Dec-2022 and a 52 week low of Rs. 251.25 on 26-Apr-2023. Last one week high and low ...
Crompton Greaves Consumer Electricals gains on inking MoU with Mahatma Phule Krishi Vidyapith
Crompton Greaves Consumer Electricals gains on inking MoU with Mahatma Phule Krishi Vidyapith
Source: Accord Fintech
2023-11-22 11:09:13 am
Add Crompton Greaves Consumer Electricals Ltd For Target Rs.295 - Centrum Broking In-line performance amid demand softness CROMPTON’s consolidated sales grew 5% YoY to Rs17.8bn, in-line with our estimate. ECD sales grew 17% YoY to Rs12.4bn driven by fans (+18%), appliances and pumps. Lighting sales fell 12% YoY to Rs2.4bn due to industry-wide challenges in B2C demand and LED price erosion. Consolidated gross margin fell 80bps YoY to 31.3%. EBITDA fell 10% YoY to Rs1.7bn, leading to margin decline of 160bps YoY to 9.8%, in-line with our estimate. Margin was affecte...
Add Crompton Greaves Consumer Electricals Ltd For Target Rs.295 - Centrum Broking
Add Crompton Greaves Consumer Electricals Ltd For Target Rs.295 - Centrum Broking
Source: Centrum Broking Limited
2023-11-10 03:02:21 pm
Crompton Greaves trades in green on launching new product `Well Glass` Crompton Greaves Consumer Electricals is currently trading at Rs. 301.60, up by 2.10 points or 0.70% from its previous closing of Rs. 299.50 on the BSE.The scrip opened at Rs. 299.10 and has touched a high and low of Rs. 302.05 and Rs. 299.10 respectively. So far 12935 shares were traded on the counter.The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 392.80 on 14-Oct-2022 and a 52 week low of Rs. 251.25 on 26-Apr-2023.Last one week high and low of the scrip stood ...
Crompton Greaves trades in green on launching new product `Well Glass`
Crompton Greaves trades in green on launching new product `Well Glass`
Source: Accord Fintech
2023-10-12 04:30:40 pm
Crompton Greaves trades higher on launching `Tankless Water Heaters` Crompton Greaves Consumer Electricals is currently trading at Rs. 301.50, up by 1.45 points or 0.48% from its previous closing of Rs. 300.05 on the BSE.The scrip opened at Rs. 301.95 and has touched a high and low of Rs. 301.95 and Rs. 299.45 respectively. So far 34646 shares were traded on the counter.The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 411.50 on 06-Oct-2022 and a 52 week low of Rs. 251.25 on 26-Apr-2023.Last one week high and low of the scrip stood ...
Crompton Greaves trades higher on launching `Tankless Water Heaters`
Crompton Greaves trades higher on launching `Tankless Water Heaters`
Source: Accord Fintech
2023-10-06 03:08:01 pm