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AC SALES FORECAST
Double-digit sales growth in apparel, ACs, premium goods faces inflation & monsoon testDiscretionary spending is witnessing a notable resurgence, particularly in the apparel and white goods sectors, which have both seen impres...
Heatwave drives surge in cold drink sales, AC and fridge demand stays weakIndia's scorching heatwave has boosted sales of soft drinks, ice-creams and dairy beverages, while higher prices and weak consumer sentimen...
AC maker Blue Star expects sales bump from PM Modi's planned GST cutsBlue Star anticipates exceeding its room air conditioner sales forecast this financial year, driven by the Indian government's planned cons...
Lower GST may heat up demand for packaged foods, daily essentialsProposed lower GST rates are anticipated to boost demand for packaged food, daily essentials, televisions, and air conditioners, potentiall...
Summer sales catch a cold, brands cut productionUnexpectedly tepid sales in April and early May have prompted companies to slash production of summer consumer goods like air conditioners ...
Beat the heat: 5 stocks that could keep your portfolio cool this scorching summerAs India anticipates a scorching summer, cooling appliances and power sectors are gaining investor attention. Stocks like Blue Star, Voltas...
Cooler April cools sales: ACs, fridges see sharp drop as summer falters in south, eastSummer product companies face challenges as April sales decline. Air conditioner and refrigerator sales dropped significantly in some regio...
India stays cool, thanks to China. Can that change?India anticipates intense heat from April to June. This could strain the air conditioner market. The industry relies on imported components...
AC makers expect clicks to be quick in harsh summerAir conditioner and air cooler brands such as Daikin, Godrej, LG, and Lloyd are optimistic that the forecasted intense summer will boost sa...
Bluestar aims up to 30 pc growth in AC sales, high numbers from rural marketBluestar anticipates a 25-30% growth in room AC sales, driven by early summer, rising incomes, and predictions of a harsh season. The compa...
Centre asks AC makers to accelerate sales of energy-efficient modelsThe Centre has urged air conditioner manufacturers to boost sales of energy-efficient models, particularly 5-star rated units, to manage pe...
Air-conditioner manufacturers face shortage of products or models due to unprecedented demandWith sales now picking up in the North, the shortage is expected to get worse. As per executives, the industry is going to face a notional ...
Unfazed by slow start, AC industry expects double-digit growth, over 11.5 mn unit sales this seasonDespite a slow start, the sale of air conditioners in India is expected to pick up with manufacturers aiming for double-digit growth to sur...
AC sales dip 15 pc in April as temperature falls; expected to recover in MayUnseasonal rains in north India during April-end and May beginning have put brakes on sales of cooling products such as air conditioners, r...
Leading air-conditioner and refrigerator makers are expanding production capacityThe companies are forecasting a good year for both these products this summer after a washout 2020 due to lockdown and they also plan to ta...
Neutral on Havells India, share price Rs 515: Motilal OswalThe brokerage awaits a better entry point in the stock.
AC makers expect high double digit jump in sales in 2018Samsung, Godrej Appliances, Haier and Intex too expressed optimism over double-digit growth in AC sales numbers.
AC makers Voltas, LG expanding production by up to 20% to meet demand this summerThe white goods industry, which has been battling poor sales for over six months, expects air-conditioner sales to grow almost 20% this sum...
Cool investing idea: While you & I sweat, AC stocks turn red hotIn just six sessions from March 27 to April 3, 2017, the share price of Johnson Controls surged 17% , Blue Star 16%, Voltas 6.58%, and Lloy...
AC, refrigerator makers face another bleak season due to weather fluctuations & price increase"The start of the season has been poor. So, we don't expect a full recovery for cooling appliances' sales this year even if it becomes a ho...