Baliga told CNBC-TV18, "We were discussing on Monday that possibly Crompton Greaves results could surprise but the results were really surprising and it's the management talk which has pushed it up and it's possible that we could see the levels of Rs 150-155. But again if you are talking of longer-term, I expect this company to get back on track at least over the next 2-3 quarters and we still have that price target of about Rs 200-220 for this stock."
The company's trailing 12-month (TTM) EPS was at Rs 10.82 per share. (Dec, 2011). The stock's price-to-earnings (P/E) ratio was 13.31. The latest book value of the company is Rs 35.70 per share. At current value, the price-to-book value of the company was 4.03. The dividend yield of the company was 1.53%.
