Enter Crompton Greaves on declines: Subramanian

Enter Crompton Greaves on declines, says R Venkat Subramanian, CIO, Infina Finance.

Subramanian told CNBC-TV18, "Crompton Greaves reported spectacular numbers and the management has exuded confidence going forward more importantly, so that stock was clearly a standout performance. Bharat Heavy Electricals (BHEL) results were good but BHEL has slightly longer-term concerns about technology and their execution and the kind of competition that they are getting into. These two results were good but Crompton was outstanding. I think at any declines one should look at getting into Crompton."