Page 2 - Consumer Durables

LG Electronics to launch ₹15,000-cr IPO in October, biggest of 2025 so far

LG Electonics had initially planned to launch the IPO in April-May but announced to defer it due to market volatility

GST revamp a growth reform, says Motilal Oswal; M&M, HUL among top bets

According to Motilal Oswal Financial Services, this measure could trigger a positive shift in Indian equities, which have underperformed over the past year

GST cut next level of reform; 2025 a tricky year for investors: Vijay Kedia

The GST reforms could revive consumption-driven sectors like automobiles, FMCG, and discretionary goods, which have been under pressure, says Kedia

Tariff worries? Allocate 40-50% to Sensex or Nifty basket: G Chokkalingam

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

Voltas, Blue Star: Here's why consumer durables stocks are in demand today

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

Air conditioner, TV makers upbeat about sales amid signs of GST cuts

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

PG Electroplast, Blue Star: Why are consumer durables stocks weak today?

The early arrival of the monsoon impacted seasonal sales for Room ACs, making Q1 a more subdued start to the year.

Furniture brand WoodenStreet aims to boost revenue in 3 years, mulls IPO

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 stock falls 3% after Q4FY25 results; check key numbers here

Blue Star were trading 3.5 per cent down at ₹1,618, compared to 0.33 per cent decline in the benchmark Nifty50 index

Whirlpool soars 10% as PE firms eye stake; stock up 33% thus far in April

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.

Orient Electric Q4 profit jumps to ₹31.26 cr on strong summer demand

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 delays India unit IPO amid stock market volatility: Report

LG Electronics has informed advisors that it may postpone the public issue and may resume if the market conditions improve

India may emerge as low-tariff hub for US-bound consumer durable exports

Electronics makers begin talks with US importers; Dixon, Super Plastronics see opportunity

CLSA, UBS upbeat on Consumer Durables stocks post-Budget 2025; details here

Havells rallied as much as 6.53 per cent to hit an intraday high of Rs 1,669 per share, while Voltas zoomed 5.55 per cent to hit an intraday high of Rs 1,331

LG Electronics India posts 7% revenue growth, 12% rise in profit for 2024

In its segment-wise revenue, LG reported Rs 5,672 cr from the home entertainment division, under which it sells televisions, audio systems, DVDs, monitors, and security cameras, among other products

IFB Industries zooms 20%, hits record high on stable demand outlook

IFB Industries share price: The management highlighted that the washer business showed good signs in August, 2024, and is well poised for a good performance in Q2 and Q3 of FY25

India's consumer durables market to be world's 4th largest by 2027: CII

India's consumer durables market is expected to touch a size of Rs 5 lakh crore by FY30 and will become the fourth largest in the world by 2027, industry body CII said on Monday. While the country's products are inching towards global reliability, it is imperative to build a robust quality ecosystem and adopt standardisation in the sector and also export Indian standards globally, said B Thiagarajan, Chairman, CII National Committee on Consumer Electronics and Durables. Speaking at the CII Consumer Electronics & Durables Summit 2024, Thiagarajan, who is also the Chairman and Managing Director, Blue Star Ltd, further said the next decade is expected to create multiple opportunities across the value chain in the sector. "From finished goods as well as development of an indigenous component ecosystem, with the right focus on domestic scale, India's prospects of becoming a global manufacturing powerhouse holds great promise," he asserted. Thiagarajan said, "India is already the ...

Havells' valuation factors in gains from buoyant demand, expansion

Industry revenue has risen above the long-term average, due to the heatwave

Foreign portfolio investors turned net buyers in second half of August

After regaining their risk appetite, FPIs pumped money into consumer durables and information technology (IT) stocks. Power and metals stocks saw the maximum net outflows

Whirlpool of India stock jumps 7%, hits 52-week high; up 86% in 6 months

Earlier in February, Whirlpool Mauritius Limited, the promoters, had sold 30.4 million equity shares or 24 per cent stake of Whirlpool India via open-market trade for $468 million to reduce debt.