Time period given by analyst is Intra Day when Crompton Greaves Consumer Electricals Ltd. price can reach defined target.
Crompton Greaves Consumer Electricals Ltd., incorporated in the year 2015, is a Mid Cap company (having a market cap of Rs 28051.53 Crore) operating in Consumer Durables sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 1542.65 Crore, up 12.76 % from last quarter Total Income of Rs 1368.06 Crore and up 48.57 % from last year same quarter Total Income of Rs 1038.30 Crore. Company reported net profit after tax of Rs 249.08 Crore in latest quarter.
Investment Rationale
Keeping series of ascending tops and bottoms intact, the stock has managed to surpass hurdle near 440. Stability at current levels could unlock further upside potential.
Promoter/FII Holdings
Promoters held 16.2 per cent stake in the company as of Sept 30, 2020, while FIIs held 30.3 per cent, DIIs 26.1 and public and others 17.4 per cent.
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