Atrump Games

Atrump Games
Atrump Games

Invest in CG Consumer - Long Term Investment Opportunity

Crompton Greaves went for business demerger and created crompton greaves and CG consumer. CG consumer owns consumer business which is into lighting and all. Listed at INR 131, company share shooted upwards and reached to a level of INR 180 plus on the back of good quarterly result. The realigned and more focused product line with decent market share offer CG Consumer immense growth opportunity. 

Being in the consumer segment, the economy turnaround which is right at the corner will benefit the organization more and it's margin will go up. In recent selloff of market,CG Consumer came down to INR 161. It's the right time for long term investor to start accumulating share in small quantity and should use every market selloff as an opportunity for more buy. In my point of view, the upcoming festive season in India will give another boost to company profitability and also expecting that resigned strategy will enable company to corner more market share. I don't recommend investor to play in F&O market. Please consult your financial advisor before investing
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About Devendra Prasad

20 years plus industry veteran of domestic and international ICT domain with the expertise in Business, Technology, Strategy and Analysis. Specializes in forecasting impact analysis, trends and recommendations for Investments, Technology and Regulations.
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