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GODREJ AIR COOLERS
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 27%, according to analystsWe are in a phase in the US-Israel-Iran war where statements are made, then retracted. And, in a matter of just 48 hours, they are made all...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsWhat we are witnessing in the market these days is similar to scenarios that have played out in the past. There have been many points in th...
Heatwave spurs surge in AC, beverage, ice cream output in IndiaSoaring temperatures have triggered a sharp demand rebound for ACs, beverages, and ice cream, with companies boosting output after a 50% sa...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsOver the next few sessions, as the uncertainty caused by the Gulf war intensifies and makes you anxious, remember this: It is not the first...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsWhat is evident in the last few trading sessions is how the street is treating Q4 earnings numbers. If a company delivers in terms of numbe...
Consumption slowdown in Q4 to spoil full year's sales showConsumer electronics and smartphone sales in India experienced a significant slowdown in the March quarter. This trend impacted the overall...
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...
Quick commerce yet to click for electronics, but AC sales may heat upQuick commerce is slow to catch on for high-value electronics like smartphones with less than 1% of total sales. However, electronic compan...
With 30 pc topline growth, Godrej Appliances expects to join billion-dollar club in FY25Godrej Appliances aims to become a billion-dollar company by the end of FY25 with a 30% growth in sales, focusing on new product launches a...
Platforms see scorching summer sending ecommerce sales soaringEarly summer heatwave boosts online demand for cooling products, driving significant growth in ecommerce sales. The surge in appliance sale...
Summer product sales surge 40-50% in April as appliance makers worry about shortagesApril has been a scorching month for summer products like air-conditioners, refrigerators, air-coolers, soft drinks, and ice creams, with s...
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...
With early summer and expectation of elongated season, AC makers expect 20 pc volume growthBuoyant by early trends of surge in demand, AC makers are expanding their portfolio by adding products in their lineup based on energy-effi...
Godrej Appliances aims Rs 5,500 cr turnover in FY23, to invest Rs 200cr in capacity expansionGodrej Appliances products are currently sold through about 27,000 outlets and the company has plans to add another 5,000 outlets by the en...
PG Electroplast board enables resolutions to raise Rs 77 croreBaring Private Equity India AIF, Ananta Capital, and the Patni family office are participating through preferential allotment of Equity Sha...
Consumer durables growth to pick in last quarter of FY20, says officialThe expert said that the economic slowdown has not affected the sector, which grew by 10% in the first three quarters of 2019-20, as people...
Home appliances maker Godrej Appliances is going to venture into small kitchen appliances spaceThe company’s business head Kamal Nandi said kitchen appliances products will be sold under the Godrej brand itself. The company has just v...
Godrej Appliances lines up Rs 500 crore investmentGodrej Appliances at present has manufacturing capacity for 3.7 million units of refrigerators, one million units of washing machines and 0...
As inflation eases, Whirlpool, Godrej look to enter ACs, ovens segmentWhirlpool wants to re-enter categories such as multiple-door refrigerator, front-loading washing machines and air-conditioners.
- Godrej postpones setting up of appliances plant in South India
The company cited adverse market condition and stated its existing capacities will be sufficient for the next 2-3 years.