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INDIA RAC MARKET
Will Amber Enterprises shares rally in the near term after Oppo deal? Here’s what Nuvama, other brokerages sayAmber Enterprises’ partnership with Oppo has drawn mixed brokerage views, with Nuvama and PL Capital bullish on growth and diversification ...- Stocks in news: Sun Pharma, Tech Mahindra, Tata Motors, Voltas, ONGCIndian markets saw a dip on Friday, with IT stocks leading the decline. Analysts suggest profit-taking occurred near the 24,150 mark. Despi...
- Voltas sells one million AC units in first quarter of FY27Voltas has achieved a significant milestone, selling one million room air conditioners in the first three months of the 2026-27 financial y...
- Extended summer may lift AC sales, but growth likely to fall short of expectations: Praveen SahayIndia's room air conditioner market anticipates a boost from an extended summer and El Niño, though growth is tempered by conservative deal...
- Induction cooktop: EPACK Durable expands into infrared cooktops as gas squeeze shifts demandEPACK Durable Limited has launched infrared cooktops, expanding its electric cooking range. This move supports a national trend towards ele...
- LG Electronics shares rally 9% as lock-in expiry frees up 44 crore shares: Here's how stock performed since IPOLG Electronics India shares are in focus as a six-month lock-in period ends today, freeing over 44 crore shares for trade. The stock, which...
- AC makers brace for unseasonal rain, rising costs ahead of summer demandUnusual rains are impacting early summer sales for air-conditioner makers. Price hikes are also a concern due to rising raw material costs ...
- 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...
- Rainfall cools down April AC sales; price hike likely soonDespite intermittent rainfall in the south and thunderstorms in the north and east impacting sales, the room air conditioner industry antic...
- Buy EPACK Durables, target price Rs 555: ICICI SecuritiesICICI Securities recommends buying EPACK Durables Ltd. with a target price of Rs 555. The company, which manufactures room air conditioners...
- Chilling out profits: What’s driving the record surge in India’s AC industry?AC sales: The Indian room air-conditioner industry is projected to see significant growth, with sales volumes expected to reach 12-12.5 mil...
- Daikin to sell 2 million units of AC in FY25, expand manufacturing capacity of compressorsDaikin is focused on increasing its localisation level, leveraging the PLI scheme for the air conditioning sector. The company plans to enh...
- Indian room air-conditioner market to reach Rs 50,000 cr by FY29: VoltasVoltas projects India's room air-conditioner (RAC) market to grow at a robust 12% CAGR, reaching Rs 50,000 crore by FY 2028-29. Intense com...
- Buy Amber Enterprises India, target price Rs 2450: Sharekhan by BNP ParibasAmber Enterprises India, incorporated in the year 1990, is a Mid Cap company (having a market cap of Rs 7178.28 Crore) operating in Consume...
- Market share of inverter-based room ACs rises to 77 pc in FY23: Power ministryThe market share of inverter-based room air-conditioners (ACs) has increased significantly to 77 per cent by 2022-23, an official statement...
- After 150% rally in last 1 year, this smallcap is celebrating early DiwaliAK Prabhakar, Head of Research at IDBI Capital Markets, said the government move to ban AC would benefit Amber. “However, I don’t see much ...
- Amber may gain big from govt's AC refrigerants import ban“The move has potential benefits for local ODM (original design manufacturer) companies like Amber Enterprise as it increases the market si...
- Buy Amber Enterprises, target price Rs 1,830: Angel BrokingThe company is a one-stop solutions provider for the major brands in the RAC industry and currently serves eight out of the 10 top RAC bran...
- Room air conditioners to now have default temperature of 24 degree Celsius: BEEAccording to the notification, all brands and types of star-labelled RACs, which are rated from one star to five stars based on their energ...
- Buy Amber Enterprises India, target Rs 954: Axis SecuritiesBuy Amber Enterprises India at a price target of Rs 954.
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