Motilal Oswal 's research report on Crompton Gr. Con
Crompton’s FY20 Annual Report focuses on a five-dimensional growth strategy and various cost rationalization measures that have yielded satisfactory results. The launch of newer products and a deepening reach within the current product portfolio were among the key focus areas for the year gone by. Here are the key highlights:
Outlook
Crompton's strong FCF generation is under-appreciated at current valuations, in our view. We maintain our Buy rating, with TP of INR285 (32x Mar'22E EPS).
For all recommendations report, click here
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.