ThinkStock PhotosIIFL has buy call on Crompton Greaves Consumer Electricals with a target price of Rs 455. The current market price of Crompton Greaves Consumer Electricals Ltd. is Rs 434.35. Time period given by analyst is Intra Day when Crompton Greaves Consumer Electricals Ltd. price can reach defined target.
Crompton Greaves Consumer Electricals Ltd., incorporated in the year 2015, is a Mid Cap company (having a market cap of Rs 27279.47 Crore) operating in Consumer Durables sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 1542.65 Crore, up 12.76 % from last quarter Total Income of Rs 1368.06 Crore and up 48.57 % from last year same quarter Total Income of Rs 1038.30 Crore. Company reported net profit after tax of Rs 249.08 Crore in latest quarter.
Investment Rationale
Stock has given a short term consolidation breakout on the daily chart.
Promoter/FII Holdings
Promoters held 16.2 per cent stake in the company as of Sept 30, 2020, while FIIs held 30.3 per cent, DIIs 26.1 and public and others 17.4 per cent.
Crompton Greaves Consumer Electricals Ltd., incorporated in the year 2015, is a Mid Cap company (having a market cap of Rs 27279.47 Crore) operating in Consumer Durables sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 1542.65 Crore, up 12.76 % from last quarter Total Income of Rs 1368.06 Crore and up 48.57 % from last year same quarter Total Income of Rs 1038.30 Crore. Company reported net profit after tax of Rs 249.08 Crore in latest quarter.
Investment Rationale
Stock has given a short term consolidation breakout on the daily chart.
Promoter/FII Holdings
Promoters held 16.2 per cent stake in the company as of Sept 30, 2020, while FIIs held 30.3 per cent, DIIs 26.1 and public and others 17.4 per cent.
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Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.
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