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RAC INDUSTRY
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...
- 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...
- 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 ...
- 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...
- 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...
- 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 ...
- ICRA forecasts 20-25% growth for Indian room air-conditioner industry in FY'25The Indian room air-conditioner industry is expected to grow by 20-25% in 2024-25, reaching 12-12.5 million units, driven by higher tempera...
- 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...
- 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...
- 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...
- Buy Amber Enterprises India, target Rs 954: Axis SecuritiesBuy Amber Enterprises India at a price target of Rs 954.
- Amber Enterprises makes stellar debut, lists at 37% premium over issue priceThe issue, which ran from January 15 to January 17, was subscribed 165 times.
- Amber Enterprises IPO subscribed 165 times on last dayThe company has fixed a price band of Rs 855-859 for the initial share sale.
- Amber Enterprises IPO kicks off; look who is its closest peer!The company operates in the room air conditioner (RAC) outsourced manufacturing space.
- Chamber of Small Industry Associations seeks higher service tax exemption limit of Rs 25 lakhIn a memorandum submitted to the ministry, COSIA chief said the limit of Rs 10 lakh in service tax is prevailing for more than 5 years.
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