Prabhudas Lilladher is bullish on Crompton Greaves Consumer Electricals has recommended buy rating on the stock with a target price of Rs 371 in its research report dated May 22, 2023.
Nuvama in its report added that India is a growth economy and ideally, investors try to identify businesses with earnings and cash flow growth rates that are 15 per cent plus. When coupled with valuation re-ratings, such businesses have proved to be multibagger stocks over the years.
Stocks to buy today: Select stock brokerages have come out with research reports on stocks namely AU Small Finance Bank, Redington India, Ashok Leyland and Crompton Greaves Consumer Electricals. Watch this Business Today Visual Story to check stocks to buy or sell on April 27, 2023.
Plenty of stock-specific activity, particularly in some of the railway names, but the sense one gets talking to market players is nobody is making serious money