Crompton Greaves gains on hopes for earnings

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Reuters
Last Updated : Aug 06 2014 | 6:09 PM IST

Reuters Market Eye - * Shares in Crompton Greaves gain 1 percent, outperforming a 1 percent fall in the Nifty.

* Despite posting lower-than-expected earnings on Tuesday, analysts express optimism about improving profitability.

* Crompton coud see "substantially improved profitability of existing orderbook," Edelweiss says in a note.

(dipika.lalwani@thomsonreuters.com / dipika.lalwani.thomsonreuters.com@reuters.net)

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First Published: Aug 06 2014 | 5:43 PM IST

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