Hold Crompton Greaves, says Pankaj Jain

Pankaj Jain of SW Capital told CNBC-TV18, "In Crompton Greaves once the demerged entity, the consumer part of the business get listed somewhere around Rs 120, plus minus Rs 5-10, I think that will take care of the total cost of the company and thereafter I think one should hang on to the consumer business and maybe at appropriate time whenever there is a pullback in this power business at around say plus Rs 50 levels maybe she could come out of this power business.""Consumer business I think is expected to do well once this entity is listed in coming quarters. So as of now, just stay with the stock, let the demerged consumer business get listed and thereafter maybe power business could be divested, one could sell-off that and stay with the consumer business,' he added.