Crompton Greaves Q2 Results: Profit Surges 65% To Rs 124 Crore
Indian markets moved higher in a quarterly results development.
· NDTV Profit
The revenue growth was "driven by double-digit growth in general trade, highest-ever quarterly sales in international business", said CGCEL in its earnings statement.
The analysis
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- The immediate tone of coverage reads positive.
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