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ACHAL BAKERI
Add Symphony, target price Rs 1,200: HDFC SecuritiesSymphony Ltd., incorporated in the year 1988, is a Mid Cap company (having a market cap of Rs 7800.21 Crore) operating in Consumer Durables...- Symphony expects air cooler sales to recover this summerSymphony Ltd founder and chairman Achal Bakeri said the loss of summer season last year was like losing the full year since for the cooler ...
- Geojit Financials upgrades Symphony rating to ‘accumulate’, target price Rs 1,480The brokerage expects earnings to grow at a healthy 25.9% CAGR over FY20-22, supported by launch of new models, improved product mix and co...
- Geojit Securities upgrades Symphony to ‘accumulate,’ target price Rs 1,480The company expects the revenue growth momentum to continue on the back of growing sales of new products, next summer season, and marketing...
- 2019’s torrid summer is cool balm for Symphony: Achal BakeriSlowdown in economy does not affect us in air cooling industry, tepid summer does, says Bakeri
- Despite GST, unorganised sector thriving in cooler industry: Achal Bakeri, Symphony“The parallel economy is thriving as well as it did in the past.”
- Expect Symphony margins to be back on track from Q2 onwards: Achal Bakeri"The first quarter of April to June was an anomaly because of seasonal factors but we should end the year by March at the CAGR which is in ...
- Budget 2017: Government should bring in simplification of tax lawsThough there are certain issues between centre and state government over processes and implementation, I hope government will redress such ...
- Symphony has no real competitor; all other companies merely copy us: Achal Bakeri, CMD"Many companies have got into this business over the last few years. But none of them has anything original to offer."
- 7th Pay Commission recommendations to have positive impact on white goods companies: Achal Bakeri, Symphony"There are some towns where majority of the middle class homes are government employees, so this will certainly be a boost to our company."
- Symphony acquires Chinese air cooler brand KeruilaiSymphony Limited announced acquisition of Chinese air cooler company Munters Keruilai Air Treatment Equipment (Guangdong) Co. Ltd. (MKE) th...
- Symphony plans Rs 35 crore spend on promotion"For the 2015, Symphony has earmarked a budget of over Rs 30-35 crore for the branding and promotional activities for the summer season," B...
- Symphony on expansion mode, market capitalisation crosses Rs 5,000 croreThe 2008 acquisition of Mexico's Impco Air Coolers, a company that patented Evaporative Cooling technology, marked the turnaround.
- Budget 2014: Industry hopes for measures aimed at reviving economyThe government has an opportunity to give a strong statement regarding bringing about economic stability, investment-friendly policies and ...
- Our global sales could be bigger than domestic sales in medium to long term: Achal Bakeri, Symphony"The industry is growing and there is a big shift happening from the unorganised to the organised sector. Symphony would be the biggest ben...
- Symphony hopes to expand its margins via premium productsSymphony is looking to expand its margin by 2 per cent through improving product-mix and newly-launched premium products.
- Symphony eyes 50% revenue from exports over next five yearsSymphony is eyeing to garner as much as 50 per cent of its revenue from exports over the next five years as it looks at entering new overse...
- Symphony targets Rs 500 cr turnoverSymphony said its global turnover is likely to grow by 59% in FY'13 to Rs 500 cr, including Rs 100 c in sales from its new industrial and c...
- Selling coolers: How Achal Bakeri made 'Symphony' into a Rs 300 crore businessAchal Bakeri drummed up a seed capital of nearly Rs 1 lakh from family and friends and launched Symphony Limited in February 1988.
- Symphony eyes global acquisitionsRiding high on sales, global air cooler player Symphony today said it was looking for acquisitions in the US, Europe and Middle East.
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