Amber Enterprises Q2 earnings: The room air condition (RAC) industry got impacted by non-conducive weather and deferment of purchase in between announcement & implementation of GST rate reduction.
LG Electronics India listed at ₹1,710 on the NSE, reflecting a premium of 50 per cent over the issue price of ₹1,150
Epack Durable share price: YES Securities values the company at 30x FY28EPS and arrives at a target price of ₹545
Panasonic's expansion is aimed at shifting operations from Japan-led to India-led. CEO Tadashi Chiba indicates that Indian teams already handle global services, and the model will be strengthened
With Dussehra and Diwali in October 2025, followed by the wedding season, we expect the benefits of pent-up demand to be fully captured during Q3FY26, says Agrawal
Amber is poised for healthy long-term growth on the back of diversification of the consumer durables segment beyond RACs, improved capacity utilization and broader product offerings across segments.
But geopolitical risks could weigh on overall equity markets, including consumption segment
LG Electonics had initially planned to launch the IPO in April-May but announced to defer it due to market volatility
According to Motilal Oswal Financial Services, this measure could trigger a positive shift in Indian equities, which have underperformed over the past year
The GST reforms could revive consumption-driven sectors like automobiles, FMCG, and discretionary goods, which have been under pressure, says Kedia
The continued normal monsoon, falling inflation, and the S&P Global Ratings upgrade also contributed to the market recovery despite the US tariff threats, said Chokkalingam
The Nifty Consumer Durable Index, which tracks the performance of 15 stocks in the consumer durables sector, jumped by 3.14 per cent, reaching an intra-day high of 38,503
Consumer durables firms expect GST cut on air conditioners and large TV panels from 28% to 18% to lower prices, spur festive demand and improve sales in a price-sensitive market
The early arrival of the monsoon impacted seasonal sales for Room ACs, making Q1 a more subdued start to the year.
The CEO Lokendra Ranawat said WoodenStreet plans to triple its store count within 18-24 months, focussing on major cities, while also considering opportunities in smaller ones
Blue Star were trading 3.5 per cent down at ₹1,618, compared to 0.33 per cent decline in the benchmark Nifty50 index
On January 29, 2025, Whirlpool Corporation announced its intention to sell down its ownership interest in Whirlpool to about 20 per cent this year via market sale by mid-to-late 2025.
The company's profit rose to 312.6 million rupees ($3.66 million) in the quarter ended March 31, from 128 million rupees a year ago
LG Electronics has informed advisors that it may postpone the public issue and may resume if the market conditions improve
Electronics makers begin talks with US importers; Dixon, Super Plastronics see opportunity