A little rough work from my end.
A gradual move into switchgear will help improve sales in Lighting due to complementary market position similar to fans. Wires may not be high margin but it will help increase economies of scale as copper wires are the main component of all other items manufactured by Crompton.
White goods market is a bigger and tougher nut to crack with only a couple good names like Voltas and Symphony having the sustainability in the extremely competitive market. Others like IFB and Onida are still struggling. Still, acquisition of a legacy brand with good recall like Onida for e.g.( they were looking to sell before) can work similar to butterfly acquisition.
Just my thoughts. No news confirmations ( rumors )or buy/ sell recommendation.
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