business

Crompton may bounce 5-7% due to short covering: Udayan

Yesterday, Crompton Greaves slipped to its 52-week low on the back of disappointing fourth quarter numbers. CNBC-TV18's managing editor Udayan Mukherjee says, the stock is beginning to stabilise perhaps because of short positions lying on the counter.

first published: Jul 21, 2011 10:52 am