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Epack Durable: YES Securities sees 50% upside in this 'undervalued' stock
Epack Durable share price: YES Securities values the company at 30x FY28EPS and arrives at a target price of ₹545
Consumer durable demand outlook likely to remain weak in Q3FY23
While input costs have eased, lower volumes could impact margins
After a year of discounts, consumer durables set for price rise from 2020
The added burden on manufacturers for recycling e-waste is expected to impact their margins, which may further lead them towards hiking prices of other items
Consumer durables sales down this festive season due to pre-GST purchases
With the implementation of GST from July 1, products such as AC, TV, washing machines, refrigerators have turned dearer
Operations to take 3 months to normalise post GST, say durables companies
Under the GST regime, most of the home appliances and consumer durables will attract 28% levy