Crompton Greaves gains on hopes for earnings

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)