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This Article is From Nov 29, 2021

Crompton Greaves Management Meet Update - Market Share Gain, Distribution Expansion Continues: Nirmal Bang

Crompton Greaves Management Meet Update - Market Share Gain, Distribution Expansion Continues: Nirmal Bang
A customer inspects a microwave oven on display at a Croma electronics megastore. (Photographer: Vivek Prakash/Bloomberg)

BQ Blue'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 BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Nirmal Bang Report

We recently hosted the management of Crompton Greaves Consumer Electricals Ltd. The management presented current business update and business strategy going forward.

Crompton Greaves aims to outpace industry growth, driven by premiumisation, continuous innovation and deepening of the distribution reach.

Investments are being stepped up in advertising, rural programs, new business development, research and development and sourcing capability.

The management highlighted that current demand level will be sustained going forward and margin can also be maintained. Market share gain and distribution expansion continue to aid overall growth for the company.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint 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 BloombergQuint.

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

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