Whirlpool stock to benefit from attractive valuations, demand recovery

Long term growth prospects and valuations are key positives

Whirlpool of India was the worst performing consumer durable stock in 2021 shedding 33 per cent as opposed to a 47 per cent gain in the BSE Consumer Durables index and a 22 per cent rise in the Sensex.

The sharp underperformance to the benchmark and peer stocks is on the back of market share loss, tepid sales growth and rising competitive pressures. The Street is, however, positive on the stock which gained over 3 per cent in trade on Friday given an attractive valuation, lower penetration of refrigerators and washing machines, and demand recovery. 

One of the key concerns