1/10/2024, 5:03:03 pm

Crompton Greaves jumps 5% as management aims to double revenue in 5 years

Crompton Greaves shares surged 5% after the company shared strong revenue guidance with JP Morgan, aiming to double revenue in five years, despite near-term subdued demand trends. The broking firm held a series of meetings with consumer-facing companies, including consumer discretionary player Crompton Greaves Consumer.