Crompton Greaves Records Rs 27.21 Crore Block Trade on BSE at Rs 259.85 Per Share
A block trade of approximately 1047001 shares of Crompton Greaves was executed on BSE at Rs 259.85 per share. The total deal value of the transaction amounted to Rs 27.21 crore. Such large block trades are typically conducted between institutional participants and are executed outside the regular market order book.
Citi Maintains Buy Rating on Crompton Greaves Consumer Electricals with Target Price of ₹400
Citi has maintained a Buy rating on Crompton Greaves Consumer Electricals with a target price of ₹400, supported by improving demand and multiple fan price hikes totaling approximately 9–10%. The brokerage highlights successful execution across GTM, lighting, Butterfly, SDA, solar, and wires initiatives as key drivers. Revenue growth is identified as the near-term priority, while a stronger margin recovery is expected through FY27.
Aditya Birla Group Denies Report of Crompton Consumer Majority Stake Bid
Aditya Birla Group has categorically denied being among the contenders to acquire a majority stake in Crompton Consumer, describing the earlier CNBC-TV18 report as inaccurate. The denial follows initial reports that named the group alongside multiple other parties in an acquisition race. No financial terms or other bidder details have been confirmed.
Crompton Consumer Receives Bullish Calls from CLSA, Nomura, Citi and HSBC; Target Prices Range from ₹315 to ₹400
Four brokerages — CLSA, Nomura, Citi, and HSBC — have maintained positive ratings on Crompton Consumer following Q4FY26 results, with target prices ranging from ₹315 to ₹400. CLSA raised its target to ₹315 and upgraded EPS estimates by 6–7% for FY27/28, driven by EBITDA strength in kitchen appliances, BLDC fans, and emerging categories. Nomura retained a Buy at ₹335, valuing the stock at 25x FY28 EPS, while Citi set the highest target at ₹400 on Lighting and Butterfly outperformance, flagging raw material inflation as a key risk. HSBC maintained a Buy at ₹360, noting a ₹7 billion goodwill impairment led to a quarterly net loss despite flat Q4 PBT before one-offs.
Crompton Greaves Consumer Electricals Sees Rs. 59.17 Crore Block Trade on NSE
Crompton Greaves Consumer Electricals Ltd. recorded a major NSE block trade worth Rs. 59.17 crores, involving approximately 2,177,819 shares at Rs. 271.70 per share. The substantial transaction indicates significant institutional trading activity and reflects the liquidity and investor interest in the consumer electricals company's stock.
Crompton Greaves Consumer Electricals Ltd. executed a major block trade on NSE worth Rs. 16.54 crores, involving approximately 645,724 shares at Rs. 256.20 per share. The transaction represents significant institutional activity in the consumer electricals sector and demonstrates substantial trading interest at the specified price level.
13Apr 26
HSBC Maintains Buy Rating on Crompton Greaves Consumer Electricals with ₹350 Target Price
HSBC maintains its Buy rating on Crompton Greaves Consumer Electricals with a ₹350 target price, expecting moderate Q4 growth from early channel filling despite margin pressures from higher input costs. The brokerage warns that Q1FY27 earnings may face challenges from commodity inflation, demand delays, and sporadic rains affecting AC sales performance.
Crompton Greaves Secures ₹101 Crore Contract for Solar Water Pumping Systems in Maharashtra
Crompton Greaves has been awarded a Letter of Award from the Maharashtra Energy Development Agency for a ₹100.68 crore project. The contract involves designing, manufacturing, and installing 4,500 off-grid solar photovoltaic water pumping systems across Maharashtra as part of the PM-KUSUM scheme. The project is to be completed within 90 days, showcasing Crompton Greaves' expansion into renewable energy and its technical expertise in solar-powered solutions.
12Jun 25
Crompton Greaves Secures ₹100.68 Crore Contract for Solar Water Pumping Systems in Maharashtra
Crompton Greaves has won a ₹100.68 crore contract from the Maharashtra Energy Development Agency (MEDA) for 4,500 off-grid solar photovoltaic water pumping systems. The project, part of the PM-KUSUM scheme, involves design, production, and implementation across Maharashtra within 90 days. This initiative aims to reduce grid electricity dependence for irrigation, lower farmers' costs, and decrease carbon emissions. The contract highlights Crompton Greaves' growing presence in the renewable energy sector and its ability to secure large-scale government projects.
16May 25
Crompton Greaves Consumer Electricals Impresses Analysts with Strong Q4 Performance
Crompton Greaves Consumer Electricals reported strong Q4 results with revenue up 5%, EBITDA up 30%, and net profit up 23% year-over-year. Jefferies maintained a 'Buy' rating with a target price of Rs 485, while CLSA upgraded their stance with a new target of Rs 410. Analysts attribute growth to premiumisation strategy and new product launches. The company's improved profitability despite modest revenue growth indicates effective cost management and operational efficiency.
16May 25
Crompton Greaves Consumer Invests in Supply Chain Quality Enhancement
Crompton Greaves Consumer has announced a strategic investment to enhance its supply chain quality. The company aims to improve operational efficiency while maintaining a balanced sourcing approach, not fully shifting to an insourced model. This investment is expected to boost product quality, operational efficiency, and competitive advantage in the consumer electrical goods sector.
16May 25
Crompton Greaves Consumer Sets Ambitious Growth Targets for Butterfly Segment
Crompton Greaves Consumer Electricals Ltd has announced strategic growth plans for its Butterfly segment, targeting mid-teens growth over the next 3-5 years. The company aims for double-digit revenue growth and plans to increase EBITDA margins from 7.00%-7.50% to 8.00%-8.50% in the medium term. Long-term goals include achieving close to double-digit EBITDA margins within 3-5 years.