Hold Crompton Greaves: SP Tulsian

Hold Crompton Greaves, says SP Tulsian of sptulsian.com.

Tulsian told CNBC-TV18, "Crompton Greaves is not likely to perform as badly as they have done in Q1 because Q2 has shown marginal improvement, Q2 is likely to see further improvements in the margins and for the last couple of days we have seen the capital good stocks coming back on the radar, like ABB, L&T, Crompton Greaves and Thermax. I am not taking the call for today because we have seen correction yesterday in Thermax and today in Crompton Greaves."

He further added, "My advice is look for a price level of about Rs 145, which I am hopeful that probably in a month