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AC MANUFACTURER ACQUISITION
Havells Q1 standalone profit dips 14% to Rs 352 crore on weak AC sales; cables, switchgears shineHavells India reported a 14% YoY drop in Q1 net profit at Rs 352 crore, with net sales down 6% due to a weak summer hitting AC, fan, and co...21 Jul, 2025, 09.24 PM IST- Hot AC stocks: Sizzling summers, increasing demand, affordability all set to push up the stocks of these companies, but challenges remainRoom air conditioner companies anticipate robust growth in the March 2025 quarter. Early summer heat is expected to drive demand. Higher re...28 Apr, 2025, 10.39 AM IST
- Quality Power files draft papers with Sebi; to mobilise funds via IPOQuality Power Electrical Equipments, an energy transmission equipment and power technologies company, has filed preliminary papers with cap...18 Sep, 2024, 05.16 PM IST
- Gulf Oil Lubricants scouting for more acquisitions in the EV charging infra spaceGulf Oil Lubricants is on a lookout for more acquisitions in India and globally within the charging EV ecosystem as it seeks to strengthen ...29 Aug, 2023, 10.28 AM IST
- Siemens to acquire Mass-Tech Controls’ EV division for Rs 38 croreSiemens Limited has announced that it has signed an agreement to acquire the electric vehicle division of Mumbai-based Mass-Tech Controls P...19 May, 2023, 03.45 PM IST
- Goldman sees 45% upside in the stock of this ‘specialist’ AC manufacturerGoldman Sachs on Tuesday said it sees at least 45 per cent upside in the stock from current level. It has a 12-month price target of Rs 3,9...23 Jun, 2021, 04.34 PM IST
- How Havells is transforming from an electrical goods maker into a consumer durables brandFrom a revenue of Rs 2,055 crore in 2008, Havells closed the last financial year with Rs 6,720 crore, an over three-fold jump in nine years.17 Sep, 2017, 02.54 PM IST
- EESL plans to replace five-star ACs with super-efficient onesThe plan is to offer these ACs on three years EMI to existing users who would get their investments back through an estimated 30-40 per cen...02 May, 2017, 11.55 PM IST
- Havells acquires consumer biz of Lloyd Electric for Rs 1600 crHowever the manufacturing units along with the low margin original equipment manufacturer (OEM) piece and the projects business that suppli...19 Feb, 2017, 02.26 PM IST
- 'Factors favour Indian AC market'Summer is still a few months away, but the country’s Rs 9,400-crore air-conditioning industry has started gearing up to push sales.15 Jan, 2011, 05.48 AM IST
- Air conditioned tractors to bring another farm revolution in PunjabPunjab is out to reap the fruit of another farm revolution, when agriculturists plough their fields sitting pretty across air conditioned t...31 Aug, 2009, 07.25 PM IST
- Kirloskar set to buy Germany's LDWKirloskar Electric has clinched the bid for Lloyd Dynamowerke & Co (LDW) in a deal estimated at around 50 million euro ($70 million).20 Aug, 2008, 12.02 AM IST
- Emkay picks: Aban Offshore, Ratnamani Metals, Lloyd ElectricEmkay Share and Stock Brokers has maintained ‘buy’ on Aban Offshore with a revised price target of Rs 5,330.24 Jun, 2008, 04.26 PM IST
- Railways turns up the heat on airlines by slashing AC faresCompetition between the railways and low-cost airlines is set to reach a new level with railway minister Lalu Prasad Yadav lowering AC fare...27 Feb, 2008, 12.15 AM IST
- Polymed to buy US medical device firm for $20 mnDisposable medical device manufacturer Polymed is set to acquire a US-based medical device company for around $18-20 million.01 Oct, 2007, 01.28 AM IST
- Philips moves out of manufacturing from MumbaiTaking cue from its Japanese counterpart Sony, consumer electronic major, Philips India has taken a strategic decision to completely move o...27 Sep, 2006, 12.45 AM IST
- Godrej combs China for brand buyGodrej Consumer Products (GCPL) is in talks with a few hair colour manufacturers in China to acquire a brand and tie up a manufacturing and...26 Jun, 2006, 03.18 AM IST
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