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IFB Industries share price: The management highlighted that the washer business showed good signs in August, 2024, and is well poised for a good performance in Q2 and Q3 of FY25
Voltas became the first Indian company to top the 2 million AC units sales in a financial year. Voltas said the performance was attributed to a consistent demand for cooling products during the year
Safari Industries hit a new high at Rs 4,373 and has rallied 25% in past 11 trading sessions.
The best trading strategy for Nifty Realty would be to exercise patience and wait for the index to undergo a corrective phase, says Ravi Nathani
Sheela Foam has acquired a controlling stake of 94.66 per cent in Kurlon Enterprises, maker of Kurl-on mattresses, at an equity valuation of Rs 2,150 crore.
Will the Rs 999 JioBharat 4G phone disrupt the market? Has Ajit Pawar's switch dented opposition unity? How will poor sales impact durable stocks? What's National Land Monetisation Corp? Answers here
Analysts expect the stocks to remain weak in the near-term as lower sales offtake will lead to companies missing their earnings estimates for the April-June quarter (Q1FY24)
As per management, the Room Air Conditioner business did well in April, but Voltas saw below-expected volume growth in the key month of May due to unseasonal rain.
At 01:41 PM, the S&P BSE Consumer Durables index, the top gainer among sectoral indices, was up 1.5 per cent, as compared to 0.11 per cent decline in the S&P BSE Sensex
White goods stocks: With the mercury currently on the boil, analysts remain bullish on the sector as they see more upside over the near-term and advise investors to pick stocks selectively
Outflow from two of India's largest sectors in terms of market cap shows FPIs remain in 'sell' mode: Experts
Analysts expect a rise in demand for air conditioners, coolers, fans and refrigerators to help related companies clock firm sales following the post-Diwali slump due to inflationary pressures
With revised customs duty across consumer electronics' manufacturers, analysts believe this measure would reduce costs for manufacturing mobile phones, TV panels, and kitchen chimneys
While input costs have eased, lower volumes could impact margins
In Q2, EBITDA margins declined to 8.9 per cent, down 445 bps YoY and 400 bps on QoQ, due to higher raw material cost.
Tata Group firm said its witnessed healthy double-digit growth across most businesses with overall sales growing 18 per cent YoY in September quarter.
Hypercompetition, high-cost inventory, and volume-over-margins delay gains
Voltas, Havells, Blue Star and Whirlpool need to conquer their crucial hurdles to exhibit bullishness.
After two bad summers, the consumer durable sector is seeing signs of recovery this year. But the soaring inflation can cap the overall demand. Find out if you should bet on consumer durable stocks
Blue Star is in a long term bull trend and may continue to remain a favorite for market participants.