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    Buy Crompton Greaves Consumer Electricals, target price Rs 422: Prabhudas Lilladher

    Synopsis

    Crompton Greaves Consumer Electricals Ltd., incorporated in the year 2015, is a Mid Cap company (having a market cap of Rs 23308.39 Crore) operating in Consumer Durables sector.

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    Promoters held 2.54 per cent stake in the company as of 30-Sep-2022, while FIIs owned 48.16 per cent, DIIs 45.21 per cent.
    Prabhudas Lilladher has buy call on Crompton Greaves Consumer Electricals with a target price of Rs 422.0. The current market price of Crompton Greaves Consumer Electricals Ltd. is Rs 365.7.

    Crompton Greaves Consumer Electricals Ltd., incorporated in the year 2015, is a Mid Cap company (having a market cap of Rs 23308.39 Crore) operating in Consumer Durables sector.

    Crompton Greaves Consumer Electricals Ltd. key Products/Revenue Segments include Electrical Consumer Durables, Lighting Products, Scrap, Sale of services and Export Incentives for the year ending 31-Mar-2022.


    Financials
    For the quarter ended 30-09-2022, the company reported a Consolidated Total Income of Rs 1717.80 Crore, down -8.30 % from last quarter Total Income of Rs 1873.35 Crore and up 22.53 % from last year same quarter Total Income of Rs 1401.99 Crore. Company has reported net profit after tax of Rs 130.71 Crore in latest quarter.



    Promoter/FII Holdings
    Promoters held 2.54 per cent stake in the company as of 30-Sep-2022, while FIIs owned 48.16 per cent, DIIs 45.21 per cent.



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    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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