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AC INDUSTRY REVENUE
ET Prime Special Series: Multibagger or IBC - Part 59: Japan taught it. Tata bought it. Now EVs will test this auto ancillaryThis is a story about a company that is simultaneously an asset and an anomaly. An asset because it builds a tangible, necessary product, g...- Heatwave drives surge in cold drink sales, AC and fridge demand stays weakIndia's scorching heatwave has boosted sales of soft drinks, ice-creams and dairy beverages, while higher prices and weak consumer sentimen...
- The next phase of India manufacturing: HDFC AMC’s Rakesh Sethia breaks down real winners in EMS, aerospace & autoIndia's manufacturing sector is transitioning to deep tech localization, fueled by robust domestic demand and government incentives. HDFC A...
- Holding stocks is harder than finding them: 10 mid- and small-caps stocks that may be worth holding on toHolding a stock is not an act of blind faith. It is not refusing to change one’s mind. It is not averaging down because the stock has falle...
- Power, auto ancillary, and mid-size banks: Where Motilal Oswal Private Wealth is putting money nowMotilal Oswal Private Wealth is investing cash into key sectors. Power is a top pick due to rising demand. Auto ancillary firms are set to ...
- Tactical investing: 6 stocks for your watchlist as the Gulf rebuild approaches; 4 with positive upside potential of up to 25%Peace is something that has eluded West Asia a long time. For old Gulf watchers, statements and counter-statements of the kind seen in the ...
- Shelter from Spike 'n' Supply Storm: West Asia tensions test India Inc’s resilience to energy shocksEscalating tensions in West Asia highlight India’s vulnerability to energy and logistics disruptions. Even without supply cuts, higher frei...
- Karnataka government ignores protests, notifies lifetime tax on EVs, spares two-wheelersKarnataka has introduced a new lifetime road tax for electric cars, jeeps, and buses, excluding two-wheelers. This move aims to generate an...
- Daikin Industries to invest Rs 1,000 crore in India for global R&D centreDaikin Industries is set to channel a monumental one thousand crore rupees into India to launch its first global R&D hub beyond Japan. This...
- Voltas bets on first-time buyers to drive summer demand reboundVoltas expects strong double-digit revenue growth for its room air conditioners this summer. The company is banking on a surge of first-tim...
- Govt sets a cool exports target for AC makersThe government is pushing air conditioner manufacturers to significantly increase exports. This follows the Production Linked Incentive sch...
- 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...
- AC makers' profits soar in April-June amid blistering heatDuring the April-June quarter, air-conditioner manufacturers experienced significant revenue and profit growth due to heightened demand fro...
- LG India FY20 results: Net profit rises 21%, revenue at Rs 16,009 crThe company’s sales grew across product segments such as refrigerators, washing machines and air-conditioners during the financial year, wi...
- Voltas upside may be limited by its ability to raise pricesThe stock has risen 10 per cent in the past one month, mainly due to the recent tax cuts.
- Hitachi expects 15 per cent growth in room AC sales this yearAccording to its strategy, Hitachi, which is revamping its brand identity, would focus on south and west region markets.
- AC makers like Videocon and Voltas focus on institutional sales due to slowing retail growthAir-conditioner makers such as Videocon and Voltas, hit by untimely rains this summer, are betting big on the business-to-business segment.
- Videocon eyes doubling AC segment revenue in next 1 yearVideocon is looking at doubling its revenue from the AC segment at Rs 1,600 crore in the next one year, a senior company executive said.
- Monsoon takes shine out of ACAir-conditioners, the fastest-growing category within consumer durables sector, have seen a major dip in growth rate.
- Samsung, LG feel heat in AC marketThere is a kind of displacement going on in the AC market and big guns are being toppled either by newbies or also-rans.
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