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...
22 Jul, 2025, 09.12 AM IST
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...
21 Jul, 2025, 09.24 PM IST
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...
28 Apr, 2025, 10.39 AM IST
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 ...
14 Mar, 2025, 11.24 AM IST
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...
05 Dec, 2024, 12.22 PM IST
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...
05 May, 2023, 12.34 PM IST
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...
23 May, 2022, 05.11 PM IST
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'...
17 May, 2022, 04.44 PM IST
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...
15 Oct, 2020, 09.36 PM IST
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.
18 Jun, 2020, 12.47 PM IST
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.
11 Sep, 2018, 01.14 PM IST
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...
09 May, 2018, 09.03 PM IST
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.
14 Jun, 2017, 08.24 PM IST
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...
02 Jun, 2017, 12.39 AM IST
Bullish on two spaces in market right now: Abhimanyu Sofat, IIFLI expect Bharti to do well. After some quarters, I expect stabilisation, says Sofat
10 May, 2017, 10.55 AM IST
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...
12 Mar, 2014, 09.48 AM IST
- Expect margins at 9-10% over FY12: V-Guard Industries
In an interview with ET Now, Mithun Chittilappilly, ED, V-Guard Industries, expressed his views on company's performace. Excerpts:
27 Jul, 2011, 01.22 PM IST