Crompton Greaves will remain underperformer: Irani

Crompton Greaves will remain underperformer, says Mehraboon Irani, Principal and Head - Private Client Group Business, Nirmal Bang Securities.

Irani told CNBC-TV18, "Crompton Greaves is a name which people like, which people fancy, which most of the funds have in their portfolio. If this type of company disappoints, that is going to be a very negative reaction to the stock. At the end of it all the fact is that if a well research disappoints and we know that the next 1-2-3 quarters are going to be bad and we also know that there is an opportunity cost for money, I don