Crompton Greaves Consumer Electricals Hits 52-Week High On Strong Q1

Crompton Greaves Consumer Electricals witnessed a strong rally on Monday, with its shares rising 15 per cent to hit fresh 52-week high of Rs 179.90. Bullish sentiment in the stock was attributed to the Mumbai-based company's stellar performance in Q1.  Crompton Greaves Consumer Electricals, which makes appliances such as fans and geysers, reported a 38 per cent sequential rise in Q1 net profit at Rs 92 crore on Friday. Its revenues ...