After a sluggish demand due to Covid-19 induced lockdown, commodity inflation stares before consumer durables sector. However, analysts see a new ray of hope with expectation of a blockbuster summer.
Long term growth prospects and valuations are key positives
Measures announced by the FM on Monday, according to A K Prabhakar, head of research at IDBI Capital, though will give some fillip to consumption, demand will be limited into buying only essentials
Indian Meteorological Department (IMD) expects day temperatures to remain above-normal in select regions across the country between March to May 2021
Havells India reported healthy Q3 performance on the back of strong festive demand, market share gains and increased penetration in smaller towns
Margins could come under pressure given sharp rise in raw material costs
Margins could come under pressure, given a sharp rise in raw material costs
Analysts expect companies to shift focus to online platform in order to boost sales in these Covid-19 impacted times
For the quarter ended June 2020 (Q1FY21), the company reported a net loss of Rs 8.61 crore.
Large share of essential products, healthy outlook and new management augur well; full control of Nourishco positive
With the coronavirus pandemic now spreading its tentacles across the country, manufacturers are now staring at an uncertain future
Earnings multiple of consumer durable firms at 3.5-year high
The new tariffs came into effect from Wednesday midnight. The import of these 19 items cost Rs 860 billion in FY18, according to the finance ministry.