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Crompton Consumer reported a 5% increase in recurring PAT to Rs1bn for 3QFY20, driven by strong performance in Electrical Consumer Durables (ECDs) and market share gains in water heaters and fans. Despite a decline in lighting sales due to weak B2B offtake, the company is optimistic about sustaining double-digit growth in ECDs with new product launches. The stock is rated

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smcarsg

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