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DOMESTIC AC SALES
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...- Auto ancillary stocks: Time for a re-rating as transformation nears the finish line? 6 stocks with upside potential of up to 34%When auto companies do well, it is an indication that the underlying health of the economy is not bad. The reason why we are using the word...
- Maruti unveils India's first flex-fuel car: What is a flex fuel vehicle? How does it work? Will it cut your fuel bill? Here's allMaruti Suzuki has introduced India's first flex-fuel passenger car. This technology allows vehicles to run on petrol or petrol-ethanol blen...
- 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...
- 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...
- Curbs on compressor imports could hit supply of ACs & refrigerators, warn companiesThe concern follows a May 8 order by the Department for Promotion of Industry and Internal Trade (DPIIT), which links compressor imports in...
- 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 ...
- LG records hot sales as it sells 1 million ACs in CYQ1; Co to expand Sri City plantLG Electronics India achieved a record start to the summer season selling over one million air conditioners in the January-March quarter of...
- Voltas looks to hike AC prices by 5-15% this year owing to cost pressuresVoltas anticipates a 5-15 percent increase in air conditioner prices this year. This rise is driven by higher copper prices and a weakening...
- Bluestar aims up to 30 pc growth in AC sales, high numbers from rural marketBluestar anticipates a 25-30% growth in room AC sales, driven by early summer, rising incomes, and predictions of a harsh season. The compa...
- Havells plans to expand overseas markets for Lloyd ACThe company has invested around Rs 400 crore so far in the first phase of its new manufacturing unit at Sri City in Andhra Pradesh, after w...
- AC sales dip 15 pc in April as temperature falls; expected to recover in MayUnseasonal rains in north India during April-end and May beginning have put brakes on sales of cooling products such as air conditioners, r...
- Electronic goods set to get expensive amid short supplies from virus hit ChinaAll large manufacturers including LG, Voltas, Samsung, Haier and Panasonic have decided on a 3-5% price increase across models. This means ...
- LG registers 27% growth in AC sales in first half of 2017LG, which has moved to more energy-efficient inverter ACs, has also began exporting to Sri Lanka and is exploring opportunities in neighbou...
- Air India rolls out advance purchase scheme for economy classSeeking to make flying affordable to the common man, national carrier Air India has rolled out an advance purchase scheme for the economy c...
- Lloyd Electric aims at 11% share in AC mkt; to sell 4 lakh unitsThe firm is also looking at higher ad spend of up to Rs 55 crore in the current financial year to push sales.
- Demand for ACs cools off due to price hike: Assocham studyThe demand for ACs has been sluggish primarily as most companies have hiked prices by up to 20 per cent, the study said.
- Carrier Midea to double ad spend in push for Rs 1000 crore turnover in FY13AC maker Carrier Midea will double its advertising and promotion budget this year, and targeting a turnover of Rs 1,000 crore in 2013.
- High prices see air-conditioners' sales plunging 40% this summerA five-star 1.5 tonne split AC is now selling for about Rs 36,000, compared with Rs 30,000 last year.
- AC makers eye govt projects to beat the heatThe economic slowdown is prompting air conditioner manufacturers to bank on resilient segments such as government-funded infrastructure pro...
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