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AC INVENTORY ISSUES
Electronics makers face component shortages as Gulf shipping crisis hits productionIndian electronics manufacturers are currently grappling with a critical shortage of essential components like microprocessors and batterie...- Consumer goods companies making sure sales don't cool off this summerCompanies that produce beverages, soft drinks, ice creams, air conditioners, and cooling personal care items are implementing diverse plans...
- FMCG companies refill all channels as GST dust settles; expect sales upswingConsumer goods companies in India are seeing normalised inventory levels after GST disruptions, with production now at full capacity. Compa...
- Quick commerce promised electronics companies a spark, delivered a glitch insteadQuick commerce platforms like Blinkit and Zepto initially boosted sales for electronics brands, but challenges soon emerged. Companies stru...
- Havells Q1 standalone profit dips 14% to Rs 352 crore on weak AC sales; cables, switchgears shineHavells India reported a 14% YoY drop in Q1 net profit at Rs 352 crore, with net sales down 6% due to a weak summer hitting AC, fan, and co...
- 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 ...
- Blue Star sees strong growth in smaller towns, commercial air conditioning demand rises 20%As far as room air conditioners is concerned, we had a fantastic festival season as well. In fact, the growth was more than 30%. It is prob...
- Consumer companies hit hard as summer products take a rain checkSales of summer products like air-conditioners, refrigerators, beverages, and ice cream have dropped by up to 26% YoY since mid-March in th...
- Surge in pent-up demand: Consumer, F&B companies see summer supplies drying upThe scorching summer and rapid rise in dining out at restaurants and bars have led to beer sales delivering a month-on-month pick-up in dem...
- India's heatwave to lift AC sales to record, but supplies from China delayedWith temperatures this month breaching 49 degrees Celsius in New Delhi, sales are set to reach 8.5-9 million units this year, up from 2019'...
- India bans import of ACs with refrigerants, frees export of all alcohol-based hand sanitisers“Import policy of air conditioners with refrigerants…is amended from ‘free’ to ‘prohibited’,” the Directorate General of Foreign Trade (DGF...
- Buy Voltas, target price Rs 600: Motilal OswalThe brokerage expects system-level inventory to normalise by Nov–Dec’20 and thinks FY22E should turn out to be a normal year.
- Smallcap watch: 2 stocks that have been big draw among mutual fundsInstitutional investors are often the last on Dalal Street to spot a multibagger opportunity.
- Making moolah with fakes: Amazon, Flipkart & Snapdeal waging a war against counterfeit suppliersAn ecommerce company spokesman says that these sites are online platforms where assorted sellers — honest and crooked — put up goods for sa...
- Paytm, 1mg offer discounts ahead of GSTAll e-commerce companies have been engaging with the merchants on their platforms to ensure a smooth transition to the new taxation system.
- Sizzling summer fails to fire up sales of refrigerators, ACsManufacturers have asked retailers to push sale of existing stock, especially older inventory that does not have excise invoices, so that r...
- Bullish on two spaces in market right now: Abhimanyu Sofat, IIFLI expect Bharti to do well. After some quarters, I expect stabilisation, says Sofat
- AC, refrigerator makers face another bleak season due to weather fluctuations & price increase"The start of the season has been poor. So, we don't expect a full recovery for cooling appliances' sales this year even if it becomes a ho...
- Expect margins at 9-10% over FY12: V-Guard IndustriesIn an interview with ET Now, Mithun Chittilappilly, ED, V-Guard Industries, expressed his views on company's performace. Excerpts:
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