Market expert Neeraj Dewan advises caution in IT, favoring energy, telecom, FMCG, and select consumer durables for better risk-reward. He s...

Intense heatwaves have driven a sharp rise in air-conditioner sales. This surge, following lower production in March, has created significa...

Peace is something that has eluded West Asia a long time. For old Gulf watchers, statements and counter-statements of the kind seen in the ...

CEOs express cautious optimism following the US-Iran ceasefire, anticipating a consumer sentiment boost after a month of geopolitical uncer...

Summer product sales are off to a slow start. An extended winter and leftover stock from last year have delayed the usual sales cycle. Comp...

As an unusually early summer approaches, manufacturers of seasonal products like air-conditioners, soft drinks, ice creams, and beer are ra...

As an unprecedented heat wave drives much of India indoors, AC prices have shot up in most regions of the country. Along with prices, sales...

Samsung India Senior Vice-President (Consumer Electronics Business -HVAC Division) Rajeev Bhutani, "The smart and AI (artificial intelligen...

Analysts say the demand recovery may not help bottom lines or stock prices.

In a press release, the company said Haribhakti’s elevation underlines the importance the company and its promoters gives to professional m...

On average, share prices of these companies have dropped by 12 per cent in the past six months.

There are expectations that demand for air conditioners will pick up this year.

According to industry officials, sales are 10-15% lower than last year and a revival looks tough, considering monsoon is set to arrive befo...

The UCP segment revenue grew by 15% in the September 2017 quarter helped by the restocking after the GST implementation in July.

The stock of Voltas, India's largest maker of air conditioners, has gained 23% in three months.

The stock traded at 24 times FY18E earnings, which appears rich. But as analysts roll over their estimates to FY19, it offers valuation com...

The demand for ACs has surged, which has lifted stocks of AC makers like Voltas, Hitachi Home and Blue Star by up to 23 per cent over the p...