Crompton Greaves shares jump 6% as Motilal Oswal initiates with Buy. Check target, upside potential

Crompton Greaves Consumer Electricals shares surged 6% after Motilal Oswal initiated coverage with a 'Buy' rating and a Rs 350 price target, implying 40% upside. The brokerage highlighted the Butterfly acquisition's synergy and the 'Crompton 2.0' program's strategic pillars for future growth and profitability.