Fans, Lighting, Pumps, Appliances making company is ready to fly

تم تحديثه
Hello everyone, i hope you all will be doing good in your life and your trading as well, i have brought another stock which is ready to fly in blue sky. It is an independent company under professional management and have 2 business segments – Lighting and Electrical Consumer Durables. Company name is Crompton Greaves Consumer Electricals Limited, and it is one of the leading consumer companies in India with a 75+ years old brand legacy.

Product Portfolio:-

Fans - Ceiling Fans, Table fans, pedestal fans, wall-mounted fans, Ventilating fans, heavy-duty exhaust fans, air circulators, industrial fans. In FY23, company has transitioned to the new BEE norms.

Pumps - Residential pumps, Agricultural pumps, solar pumps, specialty pumps.

Appliances - Water heaters, air coolers, mixer grinders, irons, small kitchen appliances, and power solutions. In FY23, company launched a range of built in kitchen appliances in top 10 cities.

Lighting - LED lamps, Battens, panels, streetlights and floodlights, interior & architectural lighting, incandescent lamps, compact lamps, and Fluorescent lights.

Stock is forming higher highs and higher lows pattern on weekly timeframe, and now it has taken support and formed higher lows on chart, there is higher probability we can see a follow through momentum in coming days. So this can be best entry levels to accumulate in lower levels for higher targets.

Market Cap
₹ 20,161 Cr.
Current Price
₹ 314
High / Low
₹ 328 / 252
Stock P/E
46.6
Book Value
₹ 42.6
Dividend Yield
0.96 %
ROCE
16.0 %
ROE
18.1 %
Face Value
₹ 2.00
Industry PE
66.8
Debt
₹ 1,019 Cr.
EPS
₹ 6.77
Promoter holding
0.00 %
Intrinsic Value
₹ 125
Pledged percentage
0.00 %
EVEBITDA
26.6
Change in Prom Hold
0.00 %
Profit Var 5Yrs
7.42 %
Sales growth 5Years
11.0 %
Return over 5years
5.70 %
Debt to equity
0.37
Net profit
₹ 440 Cr.
ROE 5Yr
29.4 %
Profit growth
-17.5 %

Disclaimer:-
Please always do your own analysis or consult with your financial advisor before taking any kind of trades.

Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
تم فتح الصفقة
1st Target has been done, price has move really quick
i hope everyone would be enjoying the rally whoever have taken position in it..
Well picture abhi baki hai
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Hurray
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