Crompton Greaves Gets 'Buy' Rating As Motilal Oswal Initiates Coverage — Check Target Price, Upside Potential

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

Motilal Oswal has initiated coverage on Crompton Greaves Consumer Electricals Ltd. with a Buy rating with a target price of Rs 350, implying a 40% upside from the current market price of Rs 249.

The brokerage’s optimism stems from Crompton’s strong positioning in India’s consumer electricals space and its strategic transformation under the ‘Crompton 2.0’ initiative.

The brokerage also believes that higher investments in advertisement and promotional spending, along with its efforts to improve the brand strength and product portfolio, will bolster Crompton's future growth trajectory.

Key downside risks:

1. higher competitive intensity and

2. a possible dip in demand due to the economic slowdown.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.