Crompton Greaves

Crompton Greaves suffers 75% fall in Q4 net

Crompton-GreavesEngineering giant Crompton Greaves on Friday reported a decline of nearly 75 per cent in consolidated net profit for the quarter ended March 31, 2013.

The Avantha Group firm reported a consolidated net profit of Rs 25.27 crore in the fourth quarter of the fiscal year 2012-13, as against net profit of Rs 100.32 crore in the corresponding quarter of the previous fiscal year.

In the third quarter of fiscal year 2012-13, the company had reported net loss of Rs 189 crore.

Crompton Greaves to acquire CFL unit of Karma Industries

Crompton Greaves to acquire CFL unit of Karma IndustriesCrompton Greaves has said in a filing with the stock exchanges that it has entered into an agreement to acquire the business unit of Karma Industries at Baddi, Himachal Pradesh that is involved in manufacturing Compact Fluorescent Lamps (CFL).

Crompton posts 63% fall in Q2 consolidated net profit

Crompton posts 63% fall in Q2 consolidated net profit Power equipment manufacturer Crompton Greaves Ltd suffered a year-on-year decline of 63 per cent in consolidated net profit in the three months ended September 30.

Crompton Greaves announced that that its net profit slipped to Rs 42.05 crore in the second quarter of current fiscal year, from Rs 116 crore in the corresponding period of previous year.

The company's consolidated revenue jumped 8 per cent to 2,920 crore, while operating profit slipped 40 per cent to 140 crore.

Operating profit margins dropped by 369 basis points (bps).

Crompton Greaves Looks Good for Long Term: Sudarshan Sukhani

Crompton Greaves Looks Good for Long Term: Sudarshan SukhaniStock Market Analyst Sudarshan Sukhani has suggested investors to accumulate Crompton Greaves on decline. Mr. Sukhani of s2analytics. com has suggested investors to enter the stock at every correction.

He believes that Crompton Greaves will soon be showing uptrend. The stock has touched 52-week high of Rs 296 and a 52-week low of Rs 107 on NSE.

At current price of Rs 148, the stock is trading with P/E ratio of 16.

Buy Crompton Greaves With Stop Loss Of Rs 258

Buy Crompton Greaves With Stop Loss Of Rs 258Technical analyst Jatinder Sharma has maintained 'buy' rating on Crompton Greaves Limited stock to achieve a target of Rs 275-278.

According to analyst, the investors can buy the stock with a stop loss of Rs 258.

Mr. Sharma said that the said target can be attained in 1-2 trading sessions.

The stock of the company, on March 21, closed at Rs 265.05 on the Bombay Stock Exchange (BSE).

Current EPS & P/E ratio stood at 14.16 and 18.87 respectively.

Crompton Greaves Joins Hand With RMAI To Sponsor Rural Marketing Awards

Crompton Greaves Joins Hand With RMAI To Sponsor Rural Marketing AwardsThe much-awaited RMAI Corporate Awards 2010 is ready to delineate the laws of Rural marketing in the country with a sheer contribution and huge interest shown by business houses.

Crompton Greaves, one of the world's major engineering corporations, has entered into a deal with Rural Marketing Association of India as the Title Sponsor of 3rd edition of "RMAI Corporate Awards 2010".

Shane emerges sole leader at Crompton Greaves Open

Crompton GreavesMumbai, Nov 26 : Shaquill Shane of the United States returned a six under 47 to grab the sole lead on day two of the Crompton Greaves Open 2009 golf, an Aircel-PGTI event, at the Willingdon Sports Club. Shane was a total of 10 under 96 here Thursday.

C. Muniyappa, the reigning Indian Open champion, and Praduman Singh Guleria are joint second at nine under 97. In all, 53 professionals made the cut that was applied at
107.

Crompton Greaves Intraday Buy Call

Crompton Greaves consolidated Q1 net rises 30.78%Stock market analysts have maintained 'buy' rating on Crompton Greaves with an intraday target above Rs 387.

According to them, interested traders can purchase the stock around Rs 382-383 with a strict stop loss of Rs 378. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 395.

Shares of the company, on Monday (Nov 02), closed at Rs 381.95 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 12.73 and 29.89 respectively. The share price has seen a 52-week high of Rs 395 and a low of Rs 99.70 on BSE.

Crompton Greaves consolidated Q1 net rises 30.78%

Crompton Greaves consolidated Q1 net rises 30.78%Crompton Greaves, one of India's largest electrical equipment and engineering company, has declared its quarterly results for the period till 30, June 2009.

The company has clocked 30.78% growth in its consolidated net profit which stood at Rs 1,603.50 million during the reporting quarter.

During the same period previous year (2008), company's consolidated net profit figure stood at Rs 1226.10 million.

Company's consolidated total income during the latest quarter stood at Rs 22214.20 million, a jump of 8.30% over the prior year period.




Check out More news from Telecom Sector :: Pharmaceutical Sector :: Auto Sector :: Infrastructure :: Real Estate


Syndicate content