Crompton Greaves down 38% from 2026 high; stock may see pullback: Analyst
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Crompton Greaves Consumer Electricals shares fell 37.6 per cent from their May 2026 high to hit ₹192.02 on October 23, 2026.
- ✓Choice Broking said, "Historically, this crucial demand area has triggered robust bullish rebounds." Analysts now expect a potential pullback toward ₹230 as the stock finds support near current levels.
Story at a Glance
- Category
- MARKET
- Reported By
- Business Standard
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
Crompton Greaves Consumer Electricals share price movement
Shares of Crompton Greaves Consumer Electricals have witnessed a tepid trend over the last two weeks despite reporting better-than-expected Q2 earnings. The stock hit a 52-week low of ₹192.02 on October 23, 2026, down 37.6 per cent from its calendar year high of ₹307.7 hit in May 2026. Post its Q2 earnings on October 16, the stock shed nearly 11 per cent. On Thursday, the stock quoted 1 per cent lower at 202.10 on combined trading volume of around 6.40 lakh shares on the BSE and the NSE. Meanwhile, the Sensex was up 0.7 per cent at 73,750 levels.
Choice Broking expects a technical pullback in Crompton Greaves
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
Business Standard
Read the full, original unfiltered story directly on the publisher's portal.