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.
Crompton Greaves is among the leading players in the lighting segment with its innovative product launches in both B2B and B2C segments, market expansion, and excellent response to changing consumer demand. (Source: Company website)
With a robust distribution network, strong brand equity, and strategic investments, Crompton is well-positioned to capitalize on India’s growing consumer electricals market. Motilal Oswal believes the stock offers an attractive entry point for long-term investors.