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The Economic Times
The Economic Times
Sakshi Kumari

Jefferies retains Buy on Crompton Greaves; sees up to 29% upside

Jefferies has reaffirmed its Buy rating on Crompton Greaves Consumer Electricals with a price target of Rs 330, pointing to the company's ambitious roadmap to double its sales over the next five years, improving operating margins, and a portfolio shift toward premium products.

The target price represents an upside potential of approximately 28.9% from Crompton's trading price of Rs 255.95 on Friday morning.

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