Markets are closed for weekend.
 Reliance Securities's Stock Idea
Reliance Securities is Bullish on Crompton Greaves Consumer Electricals Ltd.
Idea Submitted on 24Jan,2018
  • 75 Total Ideas
  • 1 Active Ideas
  • 74 Closed Ideas
  • 0 Friends
  • 1 Followers
  • Avg. Returns
     0.15%
    Rank
    41
    Success Rate
      50.67%
     Hi, GuestPlease Login to View Clearly
      Buy Crompt.Greaves Cons. Idea
    Connect with top Investors, Financial Advisors and Stock Analysts
    Stockadda helps you make smarter and well informed investment decisions.
      Idea Status :  Closed
    Stop Loss Triggered
    Idea Closed at 196 (11Oct,18 09:38:am)
     Time Frame
    1year
     Start Price
    250
     Target Price
    305
     Stop Loss
    200
     Projected Gain
    55 (22% Upside)
     Returns Achieved
    -54     -21.6%
     Analysis
    We expect CGCEL’s business to recover in next 1-2 quarters, as normalcy is steadily getting restored post GST roll-out. We expect the Company’s revenue and earnings to witness 17.4% and 23.3% CAGR, respectively over FY17-20E driven by strong product portfolio of established brands, market leadership and strong distribution network. CGCEL is expected deliver RoCE in the range of 35-40% during the same period. Rolling over our estimates to FY20E and valuing CGCEL at 35x P/E to its FY20E EPS, we maintain our BUY recommendation on the stock with a revised Target Price of Rs305 (from Rs246 earlier). View Research Report (Time period & Stop Loss Auto Inserted)

    Link to Report: READ FULL REPORT

     Stock Price Movement (EOD Basis)
     C.M.P Crompt.Greaves Cons.
    230.75
    Sentimeter
    Buy Calls: 12 Sell Calls: 0
    0
    0
    Members Liking This Stock Idea (0)
    No Likes Yet
    Members Disiking This Stock Idea (0)
    No Dislikes Yet

    Disclaimer: The views and stock ideas expressed by members on stockadda.com are their own, and not that of the website or its management.
    The views and stock ideas are for informational purposes only and should not be construed to be recommendations to buy or sell any securities.
    Stockadda.com advises members to check & consult with certified experts before taking any investment decisions.

    Popular Investing Books

    Pranab Uniyal
    Randy Cepuch
    Elizabeth Collins
    Pat Dorsey
    Janet Lowe
    Allan S. Roth

    Most Popular Authors

    Reduce your Brokerage by 100%!!

    Attend Events

    1.  Agrawal Corporate Corporate
    2.  1 attendee
    1.  Sensiple Inc.,
    2.  1 attendee

     177 members logged in

    Share This Idea

    
    Be a Smart & Well Informed Investor!
    Join Today its Free.
    Register or Login with just one Click using your Social Account