Crompton Greaves Consumer Electricals experienced a 6% year-on-year increase in revenue for the second quarter. This growth was driven by strong performance in the Electric Consumer Durables (ECD) segment and improvements in lighting.

The company has seen robust growth in fans, appliances, and pumps, with industry-leading performance in lighting. Despite facing challenges, the company's quarterly performance has been supported by improved realizations and an expanding distribution network. The medium-term outlook remains positive, influenced by factors such as the China plus strategy and protectionist measures in the tyre industry.

However, the stock is considered to be trading at a high valuation, with a price-to-earnings ratio of 34 times FY26 estimated earnings. Crompton Greaves has a market capitalization of Rs 23,883 crore and a current market price of Rs 371. Analysts have rated the company as overweight.