Buy Crompton Greaves Consumer Electricals; target of Rs 290: Prabhudas Lilladher

Prabhudas Lilladher is bullish on Crompton Greaves Consumer Electricals has recommended buy rating on the stock with a target price of Rs 290 in its research report dated September 06, 2018.

Broker Research

September 18, 2018 / 13:06 IST

26 Aug, 2025 12:21

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Prabhudas Lilladher's research report on Crompton Greaves Consumer Electricals

Crompton Greaves Consumer Electrical Ltd (CG) continues to focus on innovation to differentiate across product segments. Strong growth potential in core categories and significant opportunity to improve reach/distribution offers multi-year growth visibility.

Outlook

We expect sales to grow at a CAGR of 11.5% and earnings CAGR of 18% over FY17-20E. We maintain "BUY" with a TP of Rs290 (37xFY20).

For all recommendations report, click here

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Broker Research

first published: Sep 6, 2018 04:56 pm

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