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RAC COMPANIES PERFORMANCE
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...
Execution and balance sheet strength will decide EMS sector winners: Praveen SahayInvestors are now prioritizing financial discipline in the electronics manufacturing services sector. Companies are expanding and investing...
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...
Amber Enterprises, Trent among key winners of GST-driven demand upswingIndia's retail sector anticipates a consumption boost. The GST Council's tax slab rationalization aims to reduce prices on many goods. Appa...
Unseasonal rains impact up to 34% room AC makers' revenue in Jun quarterUnseasonal rains affected air conditioner sales in June. Voltas, Blue Star, and Havells reported declines in their room AC business. The ea...
Smallcap multibagger stock down 27% in 6 months. ICICI Securities screams buy with Rs 450 target priceThe brokerage anticipates that Aditya Vision will post a revenue CAGR of 17.3% and a PAT CAGR of 19.2% between FY25 and FY27. It also expec...
AC makers lower sales projection to 10-15% for 2025 despite spike in June numbersRoom air-conditioner sales surged in June due to intense heat. However, unexpected rains have dampened industry expectations. Initial proje...
Electronics manufacturing sector set for growth: These 3 factors make it a good betGovernment incentives, a buoyant electronics market and healthy export prospects will support the long-term growth of EMS companies.
FMCG sector set for recovery in H1FY26; Consumer durables show long-term strength: ReportShriRam Mutual Fund reports a positive outlook for India's FMCG sector. Demand is likely to rebound in early FY26. Rural markets and easing...
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...
AC Demand set to surge in India: Amber Enterprise, Voltas could give 17-23% return in1 yearThe Indian RAC industry is witnessing strong demand in FY25 despite compressor shortages. Manufacturers have managed supply issues through ...
Voltas gets double upgrade from UBS, stock jumps 5%The global brokerage firm UBS upgraded Voltas' rating from 'Neutral' to 'Buy', raising the target price to Rs 1800 from Rs 885 previously. ...
Epack Durables makes a tepid debut at bourses. What should investors do now?"The stock will likely underperform in the near future. However, the business model may work in the long term and investors who have receiv...
Epack Durables IPO opens. Should you subscribe to this issue?Epack Durables IPO opens for subscription today, with a price band of Rs 218-230 per share. The issue includes a fresh equity issue of Rs 4...
Epack Durables IPO: Price band, issue size, GMP among 10 things to know before subscribing to the issueThe IPO of Epack Durables, a company that manufactures room air conditioners and small domestic appliances, will open for subscription on J...
Voltas has solid long-term prospects: 4 reasons it is this week's stock pickVoltas will benefit from the evolving consumer preferences in the country for affordable, smart, health and environment-friendly, and energ...
Add Voltas, target price Rs 1150: HDFC SecuritiesVoltas Ltd., incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 32901.52 Crore) operating in Consumer Durable...
Sell Blue Star, target price Rs 445: Emkay GlobalBlue Star Ltd., incorporated in the year 1949, is a Mid Cap company (having a market cap of Rs 4950.53 Crore) operating in Consumer Durable...
Reduce Blue Star, target price Rs 443: Yes SecuritiesThe current valuations of 24.8 times FY22E P/E largely factor in a sharp bounce back in FY22 earnings.
Amber Enterprises IPO kicks off; look who is its closest peer!The company operates in the room air conditioner (RAC) outsourced manufacturing space.