Crompton shares zoom 16% to a new 52-week high. Here’s why?

Crompton's shares surged 16% in today's trading session, reaching a new 52-week high of Rs 394, following the announcement of its highest ever quarterly standalone revenue of Rs. 1,797 crore. The company also reported a significant 22% year-on-year increase in net profit, amounting to Rs 160.97 crore, with an EBIT margin of 9.8%.

of jumped 16% in Friday’s session to its fresh 52-week high of Rs 394 on reporting its highest-ever standalone at Rs 1,797 crore.

Crompton has also posted a net increase of 22% YoY at Rs 160.97 crore and the margin stood at 9.8%. The company has crossed the milestone of selling 2 cr+ in the financial year.

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Here’s what analysts have to say on the Q4 of the :


“Crompton’s 4QFY24 results featured better-than-expected margins from the ECD segment amid seasonal strength, but a large loss at Butterfly including one-time impacts. The near-term outlook is positive as summer demand remains robust. We raise FY2025-26E EPS by 7-8%, primarily on higher margins at ECD,” said Kotak Equities’ report.

KIE has raised the target price of the stock to Rs 350 with an ‘add’ rating.


Nuvama stated that the electronic consumer durable segment is faring well with B2B lighting remaining robust. The focus is on improving Butterfly performance, which is likely to recover Q2FY25 onwards. The brokerage has increased the FY26–26E by 3–9%.

Nuvama has a ‘buy’ rating on the stock with a target price of Rs 393.

is India’s leader in fans, no. 1 player in residential pumps and has leading market positions in its other product categories. The Company manufactures and markets a wide spectrum of consumer products - fans, lights, pumps and appliances including kitchen appliances.

Crompton in its filing, stated that it has been ranked 7th globally in the Dow Jones Sustainability Indices.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

Source: Stocks-Markets-Economic Times

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