Crompton Greaves Consumer Electricals Limited has scheduled a physical meeting with Nippon India MF on June 16, 2026. The interaction will take place between 12:30pm and 1:30pm. The company confirmed that no unpublished price sensitive information is proposed to be shared during the meeting.

The disclosure was made pursuant to Regulation 30 and Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Kaleeswaran Arunachalam, Chief Financial Officer, signed the filing submitted to the exchanges.

Meeting Schedule

The company noted that the schedule may undergo changes due to exigencies on the part of the meeting participants or the company.

Crompton Greaves Consumer Electricals has received a continued vote of confidence from Citi, which has maintained its Buy rating on the stock with a target price of ₹400. The brokerage's positive stance is underpinned by improving demand dynamics and a series of strategic initiatives spanning multiple business segments.

Key Highlights of Citi's Rating

Citi's rationale for sustaining the Buy recommendation is anchored in several operational and strategic developments at Crompton Greaves Consumer Electricals. The following table summarises the key parameters of the brokerage's assessment:

Strategic Initiatives Driving Optimism

Citi has pointed to the successful execution of several growth initiatives as a basis for its constructive outlook. These span a broad range of business verticals:

• GTM (Go-to-Market) strategy execution
• Lighting segment initiatives
• Butterfly brand-related developments
• SDA (Small Domestic Appliances) segment progress
• Solar business initiatives
• Wires segment expansion

Revenue Growth and Margin Outlook

According to Citi, revenue growth is identified as the primary near-term focus for Crompton Greaves Consumer Electricals. The brokerage also notes that a stronger recovery in margins is expected to materialise through FY27, suggesting a phased improvement trajectory. Multiple fan price hikes totaling approximately 9–10% are seen as a meaningful contributor to the company's financial performance going forward.