Crompton Greaves - Strong Focus On Strengthening Competitive Advantages: ICICI Securities

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..ICICI Securities Report.Crompton Greaves Consumer Electricals Ltd. is focusing on-Premiumisation of portfolio across segments. It has also gained market share in premium fans from ~17% three years ago to 25-26% now (Source: Company).It wants to increase investments in in-house manufacturing, which may result in margin expansion and launch of differentiated products.Increase investments in pumps. Crompton has gained market share in agri and solar pumps.It has also won patent in pumps and believes there is potential to win more patents.As per strategy 2.0, the company also plans to steadily enter new segments which may result in the expansion of addressable market. Stable/ lower commodity prices also augur well as pricing stability could allow the company to invest in brand-building activities as well as drive volume growth..Click on the attachment to read the full report:.India Exports End Fiscal 2024 On Strong Wicket, Say Economists.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Crompton Greaves - Strong Focus On Strengthening Competitive Advantages: ICICI Securities

Focus on premium fans is the key growth driver

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