Crompton Greaves is a good stock to have in a portfolio: Deepak Mohoni

Deepak Mohoni, Director, trendwatchindia.com (Technical Check) in an interview with ET Now talks about Crompton Greaves.

What is the call on Crompton Greaves?

Crompton Greaves is a fairly solid stock. It made a new lifetime high during the last bull market and corrected about 30% which is not too bad. Lot of stocks did much worse and are off again to a reasonably okay start in this bull market. It is a good stock to have in a portfolio as it does not tend to be very volatile. It will give you good annualised returns but unusual to see it makes spectacular moves like so many other stocks are doing right now.