Buy Crompton Greaves with a price target of 170-180: Ambareesh Baliga

Although, Crompton's financial performance has not been too great in the last three to four quarters, but going ahead we see a turnaround. So, this stock can I suppose go to levels of about 170-180.

In a chat with ET Now, Ambareesh Baliga, COO, Way2Wealth Brokers Pvt Ltd, shares his views on Crompton Greaves.

ET Now: Where in cap good do you find favour?

Ambareesh Baliga: I would possibly look at L&T and BHEL to start off with. Although, Crompton's financial performance has not been too great in the last three to four quarters, but going ahead we see a turnaround. So, this stock can I suppose go to levels of about 170-180.
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