Concerns related to change in directorate may impact Crompton Greaves’ valuation: ICICI Securities
The brokerage firm has maintained a ‘Buy’ rating for the company, with a revised target price of ₹325.
The brokerage firm has maintained a ‘Buy’ rating for the company, with a revised target price of ₹325.
Following the merger, Butterfly's minority shareholders will hold 3% stake in Crompton.
The consumer durables company signed agreements with kitchen appliance maker Butterfly Gandhimathi to acquire up to 55% stake.