Channel expansion initiatives and new launches aided the growth in mixers and grinders which are part of the small domestic appliances segment
Near-term demand is lower amidst a host of factors such as inflationary challenges on consumer spending, rural weakness, and Q2 being a seasonally weak quarter post a strong summer
The markets traded lackluster and ended slightly lower, continuing the ongoing consolidation phase. After a flat start, the Nifty fluctuated within a narrow range, eventually closing at 24,413.50.
Revenue from operations was up 4.9%, while expenses rose 6.2%
The partnership will ensure smooth operations and minimal downtime for vehicles, along with improving the customer experience
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
Market share gains in key categories and entry into premium kitchen appliances are positives
Stocks to Watch Today: Sugar industry has requested the government that the additional 1 MT export order be given the mills, and not trader or exporters.
The company had posted a net profit of Rs 249.08 crore in the January-March period a year ago, Crompton Greaves Consumer Electricals Ltd (CGCEL) said in a BSE filing
The Indian government has challenged in the Singapore High Court an international arbitration tribunal's verdict that overturned its demand for Rs 22,100 crore in back taxes from Vodafone Group Plc
The shares were offloaded through Advent International Corp's Amalfiaco and Temasek's MacRitchie Investments Pte Ltd via multiple open market transactions
The stock rallied 8% to Rs 185 after the company reported 39% YoY growth in profit at Rs 57 crore in Q3FY17