CMP: 151

Crompton Greaves Ltd. manufactures, distributes, installs and services electrical and allied equipment such as transformers, reactors, switchgear control equipment & accessories, industrial motors, fractional horse power motors and pumps. The Company also manufactures railway & electronic equipment, communication systems, computers, software, lighting equipment and other items.

Crompton Greaves is a good bet in large-mid-cap space. Its currently trading at a P/E of over 15 with decent dividend yields of over 1.45%. Revenues have grown from 3367 Crores to 5951 Crores in the last 5 years. Profits have grown from 192 Crores to over 694 Crores in the last 5 years. NPM has grown from less than 6% to over 11% over last 5 years. Since recession lows of 70, Company has almost doubled their profits, estimating which current bottom can be predicted at 130. With minimal downside, its a good buy for long term.