ET Intelligence Group: After underperforming the Sensex for a year, the stock of Crompton Greaves Consumer Electricals is expected to gain momentum following the company 's improving margin in home lighting . For instance, the company introduced the anti-dust fan, and Air-360 fan which covers 50 per cent more area. This should help in maintaining more than 10 per cent revenue growth in the next two years for the company.The company has also successfully implemented a new product distribution strategy. The new distribution strategy has now covered 25-30 per cent of Western India and 8-10 per cent at the pan-India level. The valuation gap is expected to reduce given the fading hangover on the lighting division margin and improving distribution network.

Source: Economic Times June 12, 2019 02:15 UTC