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RAC REPORT
Amber Group eyes $2 billion revenue milestone soon; invests Rs 6,750 crore in UP projectsAmber Group is poised to reach USD 2 billion in revenue soon, fueled by robust growth in its consumer durables, electronics, and railway/de...- Amber Enterprises shares crash 18% after Q4 results. What's spooking investors?Amber Enterprises shares plunged almost 18% on Monday. This followed the company's January-March quarter results. Net profit rose 15% year-...
- She had a confirmed 2AC berth, but one small mistake cost her railway penalty, nearly double the ticket fareAn Indian Rpassenger faced a hefty penalty for boarding a train at a station different from her ticket's origin. Indian Railways staff mark...
- May Bank Holiday Monday 2026: Here's what you need to know about supermarket hours & travel chaosSupermarkets like Tesco, Asda, and Aldi have announced their bank holiday Monday opening times, with most offering slightly reduced hours. ...
- Induction cooktop: EPACK Durable expands into infrared cooktops as gas squeeze shifts demandEPACK Durable Limited has launched infrared cooktops, expanding its electric cooking range. This move supports a national trend towards ele...
- Will Railways refund half the fare for unconfirmed RAC tickets? Parliamentary committee suggests reviewing Superfast train criteriaA Parliamentary committee has deemed it unjustified to charge full fare for unconfirmed RAC train tickets when a passenger shares berths wi...
- Railways should refund RAC passengers without berth, says parliamentary committeeA parliamentary committee has flagged issues with Indian Railways. Passengers holding RAC tickets, who do not get confirmed berths, should ...
- 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 ...
- Buy EPACK Durables, target price Rs 555: ICICI SecuritiesICICI Securities recommends buying EPACK Durables Ltd. with a target price of Rs 555. The company, which manufactures room air conditioners...
- 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...
- Amber Group to venture into washing machine segment with Resojet in a JVSpeaking about their venture into the consumer durables market, the spokesperson of Amber Enterprises said, “This joint venture is a signif...
- Rats wreak havoc: Record surge in vehicle breakdowns caused by animals in 2023The number of incidents of vehicle breakdowns because of animals has increased to a great extent and the main cause of trouble are the rats...
- 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...
- Not cool: ACs will make world 0.5 degree Celsius warmer by 2100India will see a phenomenal growth during the period - from 26.3 million installed stock of room air conditioner (RAC) units in 2016 to ove...
- Not cool: ACs will make world 0.5 degree Celsius warmer by 2100India will see a phenomenal growth during the period - from 26.3 million installed stock of room air conditioner (RAC) units in 2016 to ove...
- India's share in global air conditioning units to jump from 2.2% to almost 25% by 2050
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